Business
Airborne geophysical survey 98% complete
July 11, 2014
Airborne geophysical survey 98% complete
Minister of Natural Resources, Energy and Mining Atupele Muluzi has described the on-going airborne geophysical survey as an exciting opener…
Economists back bank rate cut
July 11, 2014
Economists back bank rate cut
The Economics Association of Malawi (Ecama) and a professor of economics at Chancellor College have separately welcomed the Reserve Bank…
Govt budget, money supply unsettles RBM
July 11, 2014
Govt budget, money supply unsettles RBM
The Reserve Bank of Malawi (RBM), the country’s monetary authority, has said there are prospective risks associated with an increase…
Reflecting on Malawi’s 50 years of post-independence gains and losses
July 10, 2014
Reflecting on Malawi’s 50 years of post-independence gains and losses
Introduction This week Malawi celebrated 50 years of independence. During these 50 years there have been episodes of progress punctuated…
Making the export drive a reality
July 10, 2014
Making the export drive a reality
From June 20 to 29 this year, the Malawi Confederation of Chambers of Commerce and Industry (MCCCI) held the 27th…
Maize prices fall below projection
July 10, 2014
Maize prices fall below projection
Average national maize prices fell by about seven percent lower than projected and 11 percent lower than May prices in…
Teveta denies being unaudited
July 10, 2014
Teveta denies being unaudited
The Technical, Entrepreneurial and Vocational Education and Training Authority (Teveta) has dismissed claims meted out in Parliament last week that…
Lilongwe to have new $30m housing project
July 9, 2014
Lilongwe to have new $30m housing project
The boom in the construction industry in Lilongwe is expected to take a major boost following plans by Lilongwe based…
EU optimistic on EPA talks
July 9, 2014
EU optimistic on EPA talks
The European Union (EU) says it will continue engaging the new Malawi administration on the Economic Partnerships Agreement (EPA), barely…
Deposit interestrates start to rise
July 9, 2014
Deposit interestrates start to rise
Deposit interest rates have started to rise but still below inflation, leading to a negative real return, a situation which…
Blantyre City Council raises market fees
July 8, 2014
Blantyre City Council raises market fees
Blantyre City Council (BCC) has adjusted upwards business licence and market fees effective July 1, business operators have confirmed. Business…
MSE buoyant, raises K6.2bn in Q2—Report
July 8, 2014
MSE buoyant, raises K6.2bn in Q2—Report
The Malawi Stock Exchange (MSE) was buoyant in the second quarter (Q2), achieving a quarterly return on index of 4.9…
Upgrading of Kamuzu Barrage starts August
July 8, 2014
Upgrading of Kamuzu Barrage starts August
The upgrading of Kamuzu Barrage on Shire River at Liwonde in Machinga is scheduled to start on August 1 this…
Fuel, utility pricesthreaten inflation fall
July 8, 2014
Fuel, utility pricesthreaten inflation fall
Utility tariffs and fuel prices which have been maintained at higher prices regardless of kwacha appreciation against background of the…
Government paying more attention to SMEs—Smedi
July 7, 2014
Government paying more attention to SMEs—Smedi
Small and Medium Enterprises Development Institute (Smedi), a government agency has said the country is now paying more attention to…
Government credit from banks rises 37 percent
July 7, 2014
Government credit from banks rises 37 percent
Government credit from commercial banks rose by K66.7 billion, about 37 percent, to K245.8 billion in April compared to the…
Parliament allows govt to borrow K13 bn for Masaf IV
July 7, 2014
Parliament allows govt to borrow K13 bn for Masaf IV
Parliament Friday allowed Government to borrow from the International Development Association (IDA) $32.8 million (about K13.12 billion) for the Masaf…
Tobacco growers wantprotection in global market
July 7, 2014
Tobacco growers wantprotection in global market
Tobacco growers have called for the protection of the status of the crop’s export in the international trading system, particularly…
IMF mission in tomorrow for crucial talks
July 5, 2014
IMF mission in tomorrow for crucial talks
As anxiety over donor budgetary support freeze continue amid the Cashgate scandal, a team of officials from the International Monetary…
No business as usual in mining sector—Atupele
July 5, 2014
No business as usual in mining sector—Atupele
Malawi’s newly appointed Minister of Natural Resources, Energy and Mining Atupele Muluzi has said it is high time Malawi stopped…