Business
Rumphi District Council to implement a K142m Water Project
April 29, 2014
Rumphi District Council to implement a K142m Water Project
Water for People, in collaboration with Rumphi District Council, will in May this year (2014), start implementing a K142 million…
TNM tariffs rise 14%
April 28, 2014
TNM tariffs rise 14%
Malawi Stock Exchange (MSE)-listed mobile telephone service provider TNM plc has announced an average 14 percent increase in tariffs effective…
Fisd to train more irrigation experts
April 28, 2014
Fisd to train more irrigation experts
Foundation for Irrigation and Sustainable Development (Fisd) says it has all the necessary expertise to train more Malawians in new…
Food basket cuts cost of living by 3%
April 28, 2014
Food basket cuts cost of living by 3%
Basic cost of living in Malawi’s four cities of Lilongwe, Zomba, Blantyre and Mzuzu dropped by an average three percent…
Firms tipped on on energy saving
April 28, 2014
Firms tipped on on energy saving
Schneider Electric, a global leader in critical power and cooling services, says it has available expertise to advise Malawian companies…
BWB project to end October
April 28, 2014
BWB project to end October
The Blantyre Water Board (BWB) project set to increase the supplier’s capacity and end water problems in the commercial city…
Budget deviations to be endorsed in retrospect
April 28, 2014
Budget deviations to be endorsed in retrospect
Ministry of Finance has said Parliament will endorse budget expenditure deviations in retrospect in the absence of a mid-term review,…
Only 97 000 hectares under irrigation—Kalinde
April 26, 2014
Only 97 000 hectares under irrigation—Kalinde
Minister of Water Development and Irrigation Anita Kalinde says Malawi has the potential to irrigate over 600 000 hectares instead…
Malawi tobacco growers angry with low prices
April 26, 2014
Malawi tobacco growers angry with low prices
Tobacco growers have this week expressed dissatisfaction over prices fetching the leaf, four weeks into the 2014 tobacco marketing season.…
Katsonga faulted on plans to abolish Account No.1
April 25, 2014
Katsonga faulted on plans to abolish Account No.1
People’s Progressive Movement (PPM) presidential candidate Mark Katsonga has come under fire from economic experts for his plans, meted out…
Escom’s K30bn debt to DBSA restructured
April 25, 2014
Escom’s K30bn debt to DBSA restructured
Escom’s 70 million rands (K30 billion) loan owed to the Development Bank of Southern Africa (DBSA) has been restructured into…
Toyota Malawi unveils new generation Corolla
April 25, 2014
Toyota Malawi unveils new generation Corolla
Toyota Malawi Limited on Tuesday introduced an all new generation Corolla which unleashes style, improved fuel efficiency, peace of mind and pride.…
Govt departments owe LWB K267m in unsettled bills
April 25, 2014
Govt departments owe LWB K267m in unsettled bills
Some government ministries and departments owe Lilongwe Water Board (LWB) K267.2 million in unsettled water bills accrued over a period…
Mzuzu council lost K166m in property rates
April 23, 2014
Mzuzu council lost K166m in property rates
Mzuzu City Council has lost K166 million in property rates its residents failed to pay in the present financial year,…
Proliferation of unregulated markets worries Cama
April 23, 2014
Proliferation of unregulated markets worries Cama
The Consumers Association of Malawi (Cama) says the proliferation of unregulated markets is a big problem which is making the…
RBM exchange rate falls to K388
April 23, 2014
RBM exchange rate falls to K388
The official buying exchange rate as announced by the Reserve Bank of Malawi (RBM) has gone down to K388 to…
Mzuzu auction floors open today
April 23, 2014
Mzuzu auction floors open today
The Mzuzu Auction Floors is set for opening its market today, a month after the official opening of the 2014…
IMF maintains Malawi single digit inflation projection
April 23, 2014
IMF maintains Malawi single digit inflation projection
The International Monetary Fund (IMF) has maintained Malawi’s end 2014 single digit inflation target of 9.7 percent, according to the…
Golden Forex Bureau reopens in Limbe
April 22, 2014
Golden Forex Bureau reopens in Limbe
Golden Forex Bureau has reopened its Limbe branch with a promise to be leaders of the market by offering competitive…
Malawi forex reserves drop 14 percent
April 22, 2014
Malawi forex reserves drop 14 percent
Malawi’s gross foreign exchange reserves, official and private sector combined, dropped by about 14 percent to 3.86 months of import…