Business

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Anti-money laundering nets in financial market players

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

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

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

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

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

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

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

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

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

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…
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