Business
Economist warns of post-election hard times
May 7, 2014
Economist warns of post-election hard times
An economist has cautioned of hard economic times after the elections, predicting that the new government would struggle in resource…
MSE marginally bearish
May 7, 2014
MSE marginally bearish
The local bourse, the Malawi Stock Exchange (MSE), marginally lost ground last week due to FMB’s share price loss by…
Mozambique airlines to start flying to Malawi
May 7, 2014
Mozambique airlines to start flying to Malawi
Bon Voyage senior tours consultant Jacinta Amao says Mozambican Airlines will start its operations in the country in a few…
RBM exposes banks, lending rates as high as 47%
May 7, 2014
RBM exposes banks, lending rates as high as 47%
The Reserve Bank of Malawi (RBM)’s published bank charges indicate exorbitant charges for commercial banks with up to 47 percent…
Airtel creats 30 millionaires in 5 weeks
May 6, 2014
Airtel creats 30 millionaires in 5 weeks
Five weeks into the highly billed Airtel Tisangalale 50 promotion, a total of 30 subscribers have won a million kwacha…
Donors defend Germany exit from Cabs
May 6, 2014
Donors defend Germany exit from Cabs
Malawi’s major donors under the Common Approach to Budget Support (Cabs) have defended the decision by the Federal Republic of…
High transportation costs push CFTC to conduct study
May 6, 2014
High transportation costs push CFTC to conduct study
The Competition and Fair Trading Commission (CFTC) will conduct a study on the transportation sector with a view to highlight…
Economic policy reforms yield positive results-MoF
May 6, 2014
Economic policy reforms yield positive results-MoF
The Ministry of Finance says Economic Policy Reforms which President Joyce Banda’s administration instituted in 2012 in order to resuscitate…
New Monkey Bay market, bus depot take shape
May 6, 2014
New Monkey Bay market, bus depot take shape
The construction of a modern market and a bus depot at Monkey bay in Mangochi has taken shape and is…
Funwe seeds for high yields
May 6, 2014
Funwe seeds for high yields
Farmers in Lilongwe have been advised to use maize hybrids which are bred locally at Chitedze Research Station because they…
Mining sector to shrink
May 5, 2014
Mining sector to shrink
The mining sector is set to shrink according to the Reserve Bank of Malawi (RBM) although the country’s real GDP…
Malawi issues licence to Chinese company
May 5, 2014
Malawi issues licence to Chinese company
Malawi Government through the Tobacco Control Commission (TCC) has issued a new tobacco license bringing the total number of tobacco…
RBM counters IMF inflation target
May 5, 2014
RBM counters IMF inflation target
The Reserve Bank of Malawi (RBM) has projected that the country’s inflation rate will fall to around 16 percent in…
US in aid of small business development
May 2, 2014
US in aid of small business development
The US Embassy deputy chief of mission to Malawi Michael Gonzales has inaugurated a bakery and an oil press project,…
RBM policy changeraises liquidity levels
May 2, 2014
RBM policy changeraises liquidity levels
The Reserve Bank of Malawi (RBM) change of policy to remove vault cash from the calculation of Liquidity Reserve Requirement…
Depositors’ protection scheme in the offing
May 1, 2014
Depositors’ protection scheme in the offing
Malawi Government has plans to protect “small and unsophisticated depositors” through the establishment of a deposit insurance scheme (DIS) to…
‘Malawi making strides in energy sector’
May 1, 2014
‘Malawi making strides in energy sector’
Malawi is said to be making strides in energy sector following the commissioning of Kapichira II Hydro Electric Power station…
Lost opportunity in hides exportation
May 1, 2014
Lost opportunity in hides exportation
Mukakaphetsa ng’ombeyo chikopa muwapatse abusa, zammimba ndi mutu atenge amene aphe ng’ombeyo.” “When you have killed the cow give the…
Oil pipeline awaitsinvestors—Govt
May 1, 2014
Oil pipeline awaitsinvestors—Govt
Malawi Government says the construction of the first ever oil pipe line from Beira in Mozambique to Nsanje is yet…
Import cover calculating figure now $191 million
April 30, 2014
Import cover calculating figure now $191 million
Malawi’s monthly import cover calculating figure has jumped 1.5 percent to $191 million (US$454 762) from the $188.1 million (US$447…