Business

Rumphi District Council to implement a K142m Water Project

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%

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

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%

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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…
Back to top button