Business
Study faults social protection programmes
January 4, 2014
Study faults social protection programmes
While pro-poor social protection is increasingly being praised as an important poverty-reducing strategy, it has the potential of dividing the…
Fuel imports drop
January 4, 2014
Fuel imports drop
Import volumes of fossil fuels including diesel and petrol dropped in June 2013 compared to same period last year. Data…
Malawi seeks fair returns from mining investment
January 3, 2014
Malawi seeks fair returns from mining investment
A senior government official in the Ministry of Finance says government is currently implementing a number of measures to ensure…
Power blackout still a barrier to investment—MCCCI
January 3, 2014
Power blackout still a barrier to investment—MCCCI
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has said intermittent power supply continued to be the biggest…
Questions on 2013 monetary policy
January 3, 2014
Questions on 2013 monetary policy
In the year 2013, marked with the cashgate, donor aid freeze, rising food prices and a tumbling kwacha, the Reserve…
Research faults Sadc trade protocol
January 3, 2014
Research faults Sadc trade protocol
A research by a Zimbabwe-based AfrAsia Kingdom Bank has described the Southern Africa Development Community (Sadc) trade protocol as weak…
China eager to share development opportunities
January 1, 2014
China eager to share development opportunities
Chinese Ambassador to Malawi Pan Hejun says China wants to share its development opportunities with the rest of countries in…
Malawi expects normal rains
January 1, 2014
Malawi expects normal rains
Farmers in Malawi should not be frightened by the late onset of rains this year because the maize crop has…
Recounting 2013 fiscal mess
January 1, 2014
Recounting 2013 fiscal mess
The cashgate and its ripple effects, including the withholding of aid, may be 2013 worst fiscal disaster, but surely it…
Malawi GDP per capita slumps 20%
December 31, 2013
Malawi GDP per capita slumps 20%
Malawi’s gross domestic product (GDP) per capita—an approximation of the value of goods produced per person in the country—often considered…
Sanlam completes acquisition of three Nico Holdings’ subsidiaries
December 31, 2013
Sanlam completes acquisition of three Nico Holdings’ subsidiaries
Sanlam Emerging Markets (Proprietary) Limited, a South African-based life insurer, has finalised the acquisition of 49 percent stake in three…
Malawi milk producers protest high taxes on dairy products
December 31, 2013
Malawi milk producers protest high taxes on dairy products
Milk producers under the Malawi Milk Producers Association (MMPA) have complained about “punitive” taxes on dairy products and equipment, arguing…
Airtel Malawi still concerned about high corporate tax
December 31, 2013
Airtel Malawi still concerned about high corporate tax
Mobile telecoms operator Airtel Malawi has said it is still concerned over a hike in corporate tax by three percentage…
Multimillion kwacha rice milling factory excites government
December 31, 2013
Multimillion kwacha rice milling factory excites government
Secretary for Agriculture Jeff Luhanga says the multimillion Mpamantha Rice Milling Factory in Nkhotakota to be commissioned mid-next year has…
RBM’s new facility to help stressed banks
December 30, 2013
RBM’s new facility to help stressed banks
The Reserve Bank of Malawi (RBM) has introduced a new facility called Lombard which will attract an interest rate of…
Malawi exports to Brazil jump 300%
December 30, 2013
Malawi exports to Brazil jump 300%
Malawi’s total exports to Brazil rose by about 300 percent to an all time high of $8.42 million (K3.7 billion)…
China ready to buy Malawi’s flue cured tobacco
December 28, 2013
China ready to buy Malawi’s flue cured tobacco
Chinese Ambassador Pan Hejun says China is ready to purchase every leaf of the flue cured tobacco the country can…
Tea earnings drop 31 percent
December 28, 2013
Tea earnings drop 31 percent
Malawi’s tea earnings up to end-October 2013 dropped by about 31 percent to $13.5 million (about K6 billion) compared to…
Mbewe discovers gold in maize mills
December 28, 2013
Mbewe discovers gold in maize mills
Somewhere in the township of Mbayani, Blantyre is situated a company by the name Lemke Board Engineering which specialises in…
Cashgate pushes spending by 40%
December 27, 2013
Cashgate pushes spending by 40%
The cashgate scandal is partially responsible for a 40 percent increase in government expenditure, consequently widening the fiscal deficit as…