Business
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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…
Rainbow Paints start Mozambique exports
March 11, 2013
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
March 9, 2013
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
March 9, 2013
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
March 8, 2013
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,…