Business News
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Leaders urged to put land in the hands of women
As Malawi lawmakers were tussling on passing the Land Bill, at the African Union Summit in Kigali, Rwanda, the Land…
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Private sector upbeat on web-based trade portal
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has expressed optimism that the Malawi Trade Portal (MTP), a…
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MCCCI holds first ever LL Trade Fair
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) plans to hold the first ever Lilongwe Trade Fair at Gateway…
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Price lures growers to Salima sugar firm
Sugar cane farmers in Dwangwa, Nkhotakota are selling their crop directly to Salima-based Malawi Sugar Company, earning K21 000 per…
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Large-scale rainwater harvesting eases scarcity
Rainwater harvesting in Kenya and other places is hardly new. But in this water-stressed country, where two-thirds of the…
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Govt, MCCCI lock horns over unsettled arrears
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has decried government’s inconsistency, accusing it of not living up…
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Mining revenue down
Revenue generated from the mining sector between July 2015 and April 2016 dropped by 90.5 percent to K161 million…
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Nyika, Kasungu national parks lose economic value
Two of the country’s national parks, Nyika in Rumphi and Kasungu are losing their economic value due to, among…
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Local firms set to Tap into k8bn fund
Malawi Innovation Challenge Fund (Micf), a competitive grant facility for businesses to finance innovative projects, is back with a…
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Mozambique, Malawi to discuss transporters’ woes
Malawian officials from various government ministries are in Maputo, Mozambique this week to discuss various issues on how the two…
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Web-based trade portal rolls out Thursday
Ministry of Industry, Trade and Tourism will on Thursday this week launch the Malawi Trade Portal—a one-stop website for trade…
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Factory sets aside K1.5bn for sugar cane purchase
Salima Sugar Company, which will start testing its equipment mid this month, has set aside K1.5 billion ($2 080…
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Treasury owes SACCO k200m, cripples operations
Treasury owes a 10 000-member United Civil Servants Savings and Credit Cooperative (UCS Sacco) about K200 million, a situation…
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Escom explains increased load shedding
Electricity Supply Corporation of Malawi (Escom) has said it is experiencing reduced water levels in 10 years, a situation…
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Low tobacco earnings to haunt kwacha
Economics Association of Malawi (Ecama) has said Malawians should brace for tough times ahead as the local unit will…
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Edible nuts rake in K76bn in 2015
Edible nuts are now Malawi’s third largest export after tobacco, sugar and tea raking in $107 million (about K76…
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Tenants obtain injunction against rental hike
Tenants of Mangochi Building in Lilongwe have obtained an injunction stopping their landlord, Alliance Properties and AS Investments, from…
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Merchandise exports still low—economist
Exports of merchandise—goods for personal use or wares—raked in K659.7 million in the 2015/16 fiscal year, a 9.6 percent…
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Taking stock of second generation mgds
The Malawi Growth and Development Strategy (MGDS) II which was being implemented from 2011 expired at the end of…
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Govt non-committal on cost sharing on maize production
Government seems non-committal to a cost sharing agreement with the private sector to grow maize to offset a 12.4…
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