Business

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MSE value drops 44 %

MSE value drops 44 %

The Malawi Stock Exchange (MSE) raised K3.9 billion in 2012, 44 percent down from K7 billion the year before, the…
Putting 2012 forex, fuel shortages in perspective

Putting 2012 forex, fuel shortages in perspective

Malawi has, in recent years, been experiencing the shortage of foreign currency in the formal financial market. The acute shortage…
Mining sector: Opportunities, challenges, hopes

Mining sector: Opportunities, challenges, hopes

Malawi could be Africa’s largest source of rare earths, according to the Ministry of Mining. This could make the mining…
Skymobile Limited gets innovative through SMS

Skymobile Limited gets innovative through SMS

Skymobile Limited, a Malawian mobile information company, has come up with a new short message service (SMS) broadcast innovation that…
Airtel Malawi still concerned with corporate tax

Airtel Malawi still concerned with corporate tax

Airtel Malawi managing director Saulos Chilima says the telecommunications company is still concerned with corporate tax at 33 percent. Chilima…
‘Malawi banks ripping off consumers’

‘Malawi banks ripping off consumers’

The Consumers Association of Malawi (Cama) says banks in the country are reaping off consumers through prohibitive charges and, thereby,…
Japan to build K62.9 million clinic in Malawi

Japan to build K62.9 million clinic in Malawi

Japan has given the Lilongwe City Council (LCC) a K62.9 million (about $190 606) grant to construct a new medical…
Malawi advised against issuing export bans

Malawi advised against issuing export bans

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has decried government’s control in agriculture trade, arguing that it…
Malawi yet to benefit from Repss

Malawi yet to benefit from Repss

Malawi has not lived up to its commitment to roll out the Common Market for Eastern and Southern Africa (Comesa)…
Fisp budget swells 40.3%

Fisp budget swells 40.3%

The 2012/13 budget for the Farm Input Subsidy Programme (Fisp) has swelled 40.3 percent to K57 billion from the initial…
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