Business
Govt invests $2.4m in micro-finance institutions
October 16, 2014
Govt invests $2.4m in micro-finance institutions
Ministry of Industry and Trade and the African Development Bank (AfDB) have invested $2.4 million (about K1 billion) to boost…
15m Malawians have no access to power
October 16, 2014
15m Malawians have no access to power
About 15 million Malawians, representing 91 percent of the total population, live without electricity, putting pressure on natural resources, subduing…
Malawi has new IMF mission chief
October 14, 2014
Malawi has new IMF mission chief
The International Monetary Fund (IMF) has appointed Oral Williams as the fund’s new mission chief for Malawi. Williams, who has…
‘Transport policy ownership lacking’
October 14, 2014
‘Transport policy ownership lacking’
Malawi needs an aggressive policy approach to work with the transit countries to ensure serviceability of infrastructure supporting trade supply…
Malawi fertiliser imports double
October 14, 2014
Malawi fertiliser imports double
Fertiliser imports more than doubled between 2012 and last year, rising by about 75 percent to K125.4 billion in 2013,…
EIU raises inflation projection, contradicts RBM
October 14, 2014
EIU raises inflation projection, contradicts RBM
Forecasting and advisory services provider, Economist Intelligence Unit (EIU), has contradicted local authorities, raising Malawi’s 2014 inflation average to 22.8…
New insurance firm secures registration
October 14, 2014
New insurance firm secures registration
The establishment of the cooperative insurance firm is on track after major shareholders Malawi Unions Savings and Credit Cooperatives (Muscco)…
Poly students invent payroll system
October 13, 2014
Poly students invent payroll system
Some Polytechnic students through Innovative Students Association of Malawi (Isam) have designed and launched a payroll software named ‘Malipiro Payroll…
FMB supports NPL’s Mother’s Fun Run
October 13, 2014
FMB supports NPL’s Mother’s Fun Run
FMB, one of the country’s commercial banks, gave K1 million (about $2 600) worth of items to Nation Publications Limited…
Diversification has helped Malawi Postal Corporation
October 13, 2014
Diversification has helped Malawi Postal Corporation
The emergence of information and communication technology (ICT) has not affected post office services due to diversification, Malawi Postal Corporation…
Weakening Malawi kwacha not strange—Chuka
October 13, 2014
Weakening Malawi kwacha not strange—Chuka
Reserve Bank of Malawi (RBM) Governor Charles Chuka has downplayed the buzz over the recent weakening of kwacha against other…
MALAWI BANKS MISS ON AFRICA’S TOP 200 BANKS
October 11, 2014
MALAWI BANKS MISS ON AFRICA’S TOP 200 BANKS
Malawi banks, which have in recent times been branded as most profitable in the region, do not feature anywhere in…
Feza, the determined entrepreneur
October 11, 2014
Feza, the determined entrepreneur
Most physically challenged persons belittle themselves and resort to begging in the streets while others wait for their spouses and…
US firm to invest K80bn in 4G network
October 11, 2014
US firm to invest K80bn in 4G network
American investment banking and financial services firm, Sterling Merchant Finance Limited (SMFL), plans to invest about K80 billion to introduce…
The Grand Palace: Mzuzu’s newest hotel inside out
October 9, 2014
The Grand Palace: Mzuzu’s newest hotel inside out
When they hatched plans to build the Grand Palace Hotel, Arief Anwerbeig and his fellow directors knew Mzuzu was an…
Mulling over future of Maldeco fisheries
October 9, 2014
Mulling over future of Maldeco fisheries
It is undisputable fact that fish volumes, particularly for the renowned chambo, in Lake Malawi are fast dwindling. Experts contend…
Kanyika Niobium Project to create 1 200 jobs
October 9, 2014
Kanyika Niobium Project to create 1 200 jobs
Globe Metals and Mining executive manager Neville Haxham has said once its Kanyika Niobium project in Mzimba is fully operational,…
Firm enters Malawi market with sim-skin
October 9, 2014
Firm enters Malawi market with sim-skin
A new information technology (IT) firm plans to enter the Malawi market with the introduction of sim-skin—a patented technology designed…
E-procurement could help Malawi seal loopholes
October 9, 2014
E-procurement could help Malawi seal loopholes
As Malawi is reeling from the effects of Cashgate, professionals in the procurement and supply chain management have thrown their…
Gondwe, Chuka in talks with IMF
October 8, 2014
Gondwe, Chuka in talks with IMF
Malawi’s Finance Minister Goodall Gondwe and his monetary policy counterpart Charles Chuka arrived in the United States of America’s capital…