Business

High import tax frustrates dairy industry

High import tax frustrates dairy industry

Malawi Milk Producers Association (MMPA), the umbrella organisation for all the dairy farmers in the country, says it is concerned…
Water for People donates motorbike to WUAs

Water for People donates motorbike to WUAs

Water for People, an international organisation working towards helping people to have access to clean and safe water in the…
Chinese imports jump 120 percent

Chinese imports jump 120 percent

Malawi imports from China jumped by a staggering 120 percent to $249 million in 2012, from $113 million in 2011,…
Private sector attracted K414 billion FDI—NSO

Private sector attracted K414 billion FDI—NSO

Malawi’s private sector alone attracted about K414 billion ($1.2 billion) Foreign Direct Investment (FDI) in 2010, the National Statistical Office…
Luanar students develop new food products

Luanar students develop new food products

Lilongwe University of Agriculture and Natural Resources (Luanar) home economics and human nutrition students have developed about 15 new food…
Unit Trust funds experiences rapid growth

Unit Trust funds experiences rapid growth

Old Mutual Unit Trust a subsidiary of Old Mutual, has gained the confidence of investors in Malawi since it was…
25 Malawians get Botswana full scholarships

25 Malawians get Botswana full scholarships

Deputy Minister of Education, Science and Technology Chikumbutso Hiwa has said the government of Botswana has awarded 25 scholarships to…
Malawi kwacha slips against major currencies

Malawi kwacha slips against major currencies

The Malawi kwacha slipped against major trading foreign currencies—the dollar, the pound sterling and the euro—over the last four weeks,…
Demand pushes stock prices up

Demand pushes stock prices up

Demand for some stocks on the 14-counter Malawi Stock Exchange (MSE) last week continued to heighten trade resulting in six…
Interbank rates at 17 percent

Interbank rates at 17 percent

Interbank lending rates dropped to 17 percent, while required reserves rose to over K42.4 billion on August 21, a sign…
Globe Metals encouraged by results

Globe Metals encouraged by results

Globe Metals and Mining, an Australian Securities Exchange (ASX)-listed miner, says it is encouraged by results on the mine’s engineering…
Malawi cost of living up on maize account

Malawi cost of living up on maize account

The cost of living in Malawi’s cities of Lilongwe, Zomba, Blantyre and Mzuzu marginally went up to K102 796.75 (about…
Malawi competition commission probes private schools

Malawi competition commission probes private schools

Malawi Competition and Fair Trading Commission (CFTC) is investigating private schools for allegedly violating provisions under fair trading practices. In…
Malawi All Share Index inches upwards

Malawi All Share Index inches upwards

Four of Malawi Stock Exchange (MSE) counters—FMB, National Bank of Malawi (NBM), Standard Bank and Old Mutual Limited (OML)—gained in…
TNM profits up 38 percent

TNM profits up 38 percent

Telekom Networks Malawi (TNM) profits for the period ended June 30 2013 rose 38 percent compared to the prior corresponding…
Malawi exports slump by 16 percent

Malawi exports slump by 16 percent

Malawi’s 2012 total exports to the rest of the world slumped by 16 percent to $1.27 billion from $1.53 billion…
Mejn for better cotton markets and production

Mejn for better cotton markets and production

In an effort to encourage cotton production in the country, the Malawi Economic Justice Network (Mejn) has set its target…
Malawi hosts Sadc sugar conference

Malawi hosts Sadc sugar conference

Malawi is hosting an annual conference of the Federation of Southern Africa (Sadc) Sugar Producers in Blantyre from Tuesday to…
AHCX projects higher commodity prices this week

AHCX projects higher commodity prices this week

Auction Holdings Limited Commodities Exchange (AHCX) expects higher prices this week due to improved quality thereby benefitting farmers, aggregators, and…
Bank rules out massive kwacha depreciation

Bank rules out massive kwacha depreciation

One of the country’s biggest commercial banks, Standard Bank Malawi Limited, has ruled out the possibility of the economy experiencing…
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