Business

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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,…
Malawi Stock Exchange shares value, volume drops

Malawi Stock Exchange shares value, volume drops

The Malawi Stock Exchange (MSE) says it registered a drop in total value of shares traded and volume in February…
Commodity prices jump 137% in 9 months —Cama

Commodity prices jump 137% in 9 months —Cama

The Consumers Association of Malawi (Cama) has said commodity prices have jumped at an average rate of 137 percent in…
Malawi seeks to deepen trade ties with Moz

Malawi seeks to deepen trade ties with Moz

Malawi’s Minister of Industry and Trade Sosten Gwengwe has bemoaned low trade volume between Malawi and Mozambique and has urged…
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