Business
When donor smiles are miles away
February 6, 2014
When donor smiles are miles away
Eighty-two years old Mafuleka Potani from Kampini Village situated in the dusty part of Mitundu in Lilongwe might not be…
Masm premiums up 23%
February 6, 2014
Masm premiums up 23%
The shaky economic climate characterised by high inflation and interest rates and a fluctuating kwacha exchange rate has not spared…
Malawi queried on delayed road project
February 6, 2014
Malawi queried on delayed road project
The Catholic Commission for Justice and Peace (CCJP) has queried lack of progress on the upgrading and construction of the…
High lending rates threaten Malawi financial system
February 5, 2014
High lending rates threaten Malawi financial system
Current high lending rates are undermining the servicing of loans consequently pausing a risk to the stability of the financial…
Sanlam yet to finalise Niko Tanzania deal
February 5, 2014
Sanlam yet to finalise Niko Tanzania deal
Sanlam Emerging Markets (Proprietary) Limited, a South African-based life insurer, is yet to finalise the acquisition of 49 percent stake…
Other crops can rake in $1 bn per year— AHCX
February 5, 2014
Other crops can rake in $1 bn per year— AHCX
Auction Holdings Commodity Exchange Limited (AHCX) head of operations Davis Manyenje said with appropriate policy support, commodities other than tobacco…
Malawi lobbies for investments in small factories
February 5, 2014
Malawi lobbies for investments in small factories
Malawi Minister of Industry and Trade Sosten Gwengwe has urged local communities to invest heavily in agro-processing through the creation…
US keen to revamp Malawi’s agriculture
February 5, 2014
US keen to revamp Malawi’s agriculture
Councillor for East Africa in the US Department of Agriculture Kate Snipes says her country has the desire to build…
Raiply launches K4m police unit
February 5, 2014
Raiply launches K4m police unit
Northern Police Commissioner Paul Kanyama has saluted Raiply Malawi Limited for constructing a K3.85 million police unit complete with a…
Alliance One donates bicycles worth K3.6m
February 5, 2014
Alliance One donates bicycles worth K3.6m
Alliance One, a major tobacco buying company has given 75 bicycles worth around K3.6 million to farmers who lead fellow…
Globe Metal’s apply for Kanyika licence extension
February 4, 2014
Globe Metal’s apply for Kanyika licence extension
Globe Metals and Mining, an Australian Securities Exchange (ASX)—listed miner exploring for niobium at Kanyika in Mzimba, has applied to…
LDF to prioritise aforestation programmes
February 4, 2014
LDF to prioritise aforestation programmes
Just a week after the Ministry of Environment and Climate Change Management called for intensified forestation efforts, Local Government Minister…
Escom says debris caused blackout
February 4, 2014
Escom says debris caused blackout
The Electricity Supply Corporation of Malawi (Escom) has said the power loss that occurred on Friday January 31 night was…
Masm members differ on demutualisation
February 4, 2014
Masm members differ on demutualisation
Members of the Medical Aid Society of Malawi (Masm) have differed on demutualisation, a process that could turn the health…
Malawi trade deficit widens to K48.2 billion
February 4, 2014
Malawi trade deficit widens to K48.2 billion
Malawi’s trade deficit widened by about 50 percent to K48.2 billion in June 2013 compared to same period in 2012,…
Malawi inflation rate rises to 23.5 percent
February 3, 2014
Malawi inflation rate rises to 23.5 percent
Malawi’s inflation rate as measured by the Consumer Price Index (CPI) rose by 0.6 percentage points to 23.5 percent in…
EU pleased with financial management progress
February 3, 2014
EU pleased with financial management progress
The vice-President of Malawi, Khumbo Kachali has said the European Union (EU) is pleased with the progress being made by…
Total to rebrand 40% of stations
February 3, 2014
Total to rebrand 40% of stations
Total Malawi has said it will rebrand 12 more service stations to reach 40 percent of the company’s network in…
Poor sanitation a challenge in local markets
February 3, 2014
Poor sanitation a challenge in local markets
Vendors in Karonga say inadequate sanitary infrastructure at selling places in the district are the cause for their reluctance to…
SMEs speak out on policy delay
February 1, 2014
SMEs speak out on policy delay
Two small and medium enterprises (SMEs) groups have spoken out on the delay by Cabinet to approve the national economic…