Business
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Transporters want spare parts waiver
March 13, 2013
Transporters want spare parts waiver
Local transporters have asked Malawi Government through the Ministry of Transport to consider a waiver on spare parts and equipment…
MRA intercepts two Fortuners
March 13, 2013
MRA intercepts two Fortuners
The Malawi Revenue Authority (MRA) has intercepted two Toyota Fortuners whose owners tried to evade paying duty in Dedza. In…
Malawi sugar price up 15%
March 13, 2013
Malawi sugar price up 15%
Consumers will have to dig deeper into their pockets to buy sugar following a 15 percent price hike by Illovo…
No relief for Malawians as fuel goes up 2.2%
March 13, 2013
No relief for Malawians as fuel goes up 2.2%
There seems to be no respite for consumers regarding the rise in commodity prices following an average 2.2 percent jump…
Malawi loses 140 000 tonnes of maize
March 12, 2013
Malawi loses 140 000 tonnes of maize
Malawi has lost 140 000 metric tonnes of maize between January and to date through informal exports, the Grain Traders…
Standard Bank profit up 125%
March 12, 2013
Standard Bank profit up 125%
Standard Bank has reported a 125 percent profit jump to K7.9 billion from the previous year’s K3.5 billion, beating by…
Malawi to focus on regional trade
March 12, 2013
Malawi to focus on regional trade
Minister of Industry and Trade Sosten Gwengwe has said intra-regional trade makes more economic sense to Malawi and has since…
Saudi Fund approves $15m for Phalombe Hospital
March 12, 2013
Saudi Fund approves $15m for Phalombe Hospital
The Saudi Fund for Development approved a loan amounting to $15 million (K5.5 billion) to supplement the money for the…
Report blames Malawi Govt on fertiliser costs
March 11, 2013
Report blames Malawi Govt on fertiliser costs
The World Bank has blamed high fertiliser costs on governments’ involvement and the commodity’s supply system which has hidden costs.…
Malawi’s textile manufacturer invests $35m
March 11, 2013
Malawi’s textile manufacturer invests $35m
Textile manufacturer Mapeto DWSM has invested $35 million (K13.7 billion, at the current exchange rate) in the company which includes…