Business
NITL, Standard Bank push up Masi
December 18, 2013
NITL, Standard Bank push up Masi
The country’s only stock market, the Malawi Stock Exchange (MSE), was marginally bullish during the week ending December 13 due…
Aid freeze to hit hard poor Malawians—CFSC
December 17, 2013
Aid freeze to hit hard poor Malawians—CFSC
The Lilongwe-based Centre for Social Concern (CfSC) has warned that the current withholding of budget support by Malawi’s major development…
Malawi to institute ‘comprehensive’ forensic audit
December 17, 2013
Malawi to institute ‘comprehensive’ forensic audit
Malawi says it will conduct a ‘comprehensive’ forensic audit of the Integrated Financial Management Information Systems (Ifmis) from 2005 when the…
World Bank donates 568 000 secondary school textbooks
December 17, 2013
World Bank donates 568 000 secondary school textbooks
Government of Malawi has received 568 000 secondary school textbooks worth K2.9 billion from World Bank. The books are expected…
Cashgate impact on economy worries Mkwezalamba
December 16, 2013
Cashgate impact on economy worries Mkwezalamba
Malawi Finance Minister Maxwell Mkwezalamba, has told Business News that he is worried with the likely erosion of economic gains…
Kwacha fall to push inflation to 28.6%
December 16, 2013
Kwacha fall to push inflation to 28.6%
The depreciation of the kwacha is expected to push up the 2013 average inflation rate to 28.6 percent from 26.9…
Muscco links VSL groups to Saccos
December 16, 2013
Muscco links VSL groups to Saccos
Malawi Union of Savings and Credit Co-operatives (Muscco) says the village savings loan groups (VSL) that are sprouting in communities…
Farmers pass-on 26 Heifer cows in Mchinji
December 16, 2013
Farmers pass-on 26 Heifer cows in Mchinji
Twenty six farmers in Mchinji on Tuesday passed-on 26 heifer cows to other beneficiaries of Heifer International’s Pass-On the Gift…
Kapichira Phase II switches on this month
December 14, 2013
Kapichira Phase II switches on this month
Kapichira Phase II Project, which is expected to bridge the power deficit that is the main cause of load shedding,…
Cashgate has shocked Malawians
December 14, 2013
Cashgate has shocked Malawians
Government has admitted that Malawians are shocked by the massive looting of public funds at Capital Hill. Speaking in Lilongwe…
Govt maintains ERP on course despite cashgate
December 13, 2013
Govt maintains ERP on course despite cashgate
Minister of Economic Planning and Development Ralph Jooma has said implementation of the Economic Recovery Plan (ERP) is on track…
Sadc to harmonise hotel grading system
December 13, 2013
Sadc to harmonise hotel grading system
Director of Tourism in the Ministry of Tourism Wildlife and Culture,Isaac Katopola, says countries like Malawi which struggle to bring…
Malawi receives K7bn in remittances
December 13, 2013
Malawi receives K7bn in remittances
Malawi received about $16 million (K7 billion) in remittances from migrants in 2012, a slight drop from about $17.4 million…
A cow a family impresses Comesa
December 13, 2013
A cow a family impresses Comesa
VET-GOV programme Coordinator in Comesa Dr Yoseph Shiferaw Mamo says the one cow a family programme being undertaken by President…
Chikaonda tips on forex management
December 11, 2013
Chikaonda tips on forex management
Ex-Reserve Bank of Malawi (RBM) governor and former Finance Minister Professor Matthews Chikaonda has urged commercial banks in the country…
Food basket raises cost of living
December 11, 2013
Food basket raises cost of living
The cost of living in Malawi’s four cities—Lilongwe, Zomba, Blantyre and Mzuzu—shot by an average 3.4 percent to K109 183…
RBM financial literacy takes off
December 11, 2013
RBM financial literacy takes off
In a quest to tackle financial exclusion in the country, Reserve Bank of Malawi (RBM) on Monday launched the much awaited National…
When good employees go bad
December 11, 2013
When good employees go bad
No employer wants to believe that their trusted employees would steal from them. Unfortunately, the unpleasant reality is that theft…
Groundnuts can change farmers’ lives—Cadecom
December 11, 2013
Groundnuts can change farmers’ lives—Cadecom
Director of Cadecom in Dedza Diocese, Patrick Namakhoma, says the groundnuts value chain and nutrition project being implemented in the…
NBM to pay K3.4bn interim dividend
December 11, 2013
NBM to pay K3.4bn interim dividend
Malawi Stock Exchange(MSE) listed financial services provider National Bank of Malawi (NBM) has resolved to pay a second interim dividend…