Business
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Anti-money laundering nets in financial market players
May 8, 2013
Anti-money laundering nets in financial market players
The Reserve Bank of Malawi (RBM) in conjunction with the Financial Intelligence Unit (FIU) on Tuesday trained insurance and capital…
Globe Metals signs MoU with major shareholder
May 8, 2013
Globe Metals signs MoU with major shareholder
Globe Metals and Mining, an African-focused resources company which is active in Southern and Eastern Africa, has signed a memorandum…
Escom’s financial health to be restored
May 8, 2013
Escom’s financial health to be restored
There is a glimmer of hope that the sole power supplier Escom’s financial health will be restored to make it…
Makata welcomes village banks
May 7, 2013
Makata welcomes village banks
Assistance Project (Asap) is working with T/A Makata communities to cultivate a culture of saving and lending among people who…
Foreign reserves improve
May 7, 2013
Foreign reserves improve
Malawi’s gross official reserves improved to $206 million as at 26 April 2013, raising hopes for increased availability of foreign…
T-Bills rates decline to induce fall in bank rates
May 7, 2013
T-Bills rates decline to induce fall in bank rates
Treasury Bills (T-bills) rates are expected to induce a fall in commercial bank interest rates, an expert has said. An…
Ibam for awareness on export markets
May 7, 2013
Ibam for awareness on export markets
The Indigenous Business Association of Malawi (Ibam) has said businesspeople, especially exporters need to be aware of requirements before they…
SMEs need cash accounting—Socam
May 7, 2013
SMEs need cash accounting—Socam
With only a few weeks before the Malawi’s Minister of Finance Ken Lipenga tables the 2013/14 budget, the Society of…
Tobacco revenue hits $72m
May 7, 2013
Tobacco revenue hits $72m
Cumulative revenue from all tobacco types has gone up to $72 million, a 27 percent increase from last week’s $57…
Kwacha appreciation excites RBM boss
May 6, 2013
Kwacha appreciation excites RBM boss
Malawi’s central bank Governor Charles Chuka has said the firming of the local currency, the kwacha, and the slowdown in…