Business
RBM’s Lombard facility boomerangs
January 7, 2014
RBM’s Lombard facility boomerangs
Although the Lombard facility is meant to assist liquidity-stressed banks and discipline the market, the provision has boomeranged, prompting a…
RBM to monitor banks on basel II
January 6, 2014
RBM to monitor banks on basel II
The Reserve Bank of Malawi (RBM) will monitor some banks that had challenges on meeting capital requirements under Basel II,…
Malawi should subsidise crop insurance
January 6, 2014
Malawi should subsidise crop insurance
A Lilongwe-based renowned insurance practitioner, Macdonald Liwonde Chibwe, has urged government to subsidise crop insurance to protect more farmers from…
Poor work affects K4m LDF school block
January 6, 2014
Poor work affects K4m LDF school block
Poor work has affected the construction of a K4 million (about $10 000) school block in Nsanje District financed by…
Cama accuses RBM for protecting banks
January 6, 2014
Cama accuses RBM for protecting banks
The Consumers Association of Malawi (Cama) executive director John Kapito has accused the Reserve Bank of Malawi (RBM) of promoting…
Extending marriage to business partnership
January 4, 2014
Extending marriage to business partnership
Lloyd and Chrissie Majawa are not just husband and wife, but business partners as well. The family operates Maziko Executive…
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…