Business

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Malawi loses 140 000 tonnes of maize

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%

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

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

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

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

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…
Rainbow Paints start Mozambique exports

Rainbow Paints start Mozambique exports

Rainbow Paints Malawi has exported the first consignment of its products to Tete, Mozambique, as part of the company’s strategy…
US consultant schools Malawi on tourism

US consultant schools Malawi on tourism

An American consultant, Nancy Magsig, says Malawi should aggressively market itself in the Americas because not many people know about…
Malawi gears up for 2013 tobacco selling season

Malawi gears up for 2013 tobacco selling season

As the Malawi tobacco selling season starts on Monday March 18, players in the industry have expressed confidence that growers…
Malawi renegotiates Kanyika mine deal

Malawi renegotiates Kanyika mine deal

Malawi Government is renegotiating the Kanyika Mining Development Agreement to create a win-win situation in which Malawi, as a country,…
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