Business

Malawi to commission 37 factories in rural areas

Malawi to commission 37 factories in rural areas

Malawi will by the end of this year commission 37 factories in rural areas as one way of economically empowering…
Kammwamba coal fired plant awaits Chinese loan

Kammwamba coal fired plant awaits Chinese loan

Kammwamba coal fired power plant which is expected to double Malawi’s electricity generation from about 287 megawatts, awaits a loan…
Malawi GDP rises by 18 percent in 5 years

Malawi GDP rises by 18 percent in 5 years

Malawi gross domestic product (GDP) at 2007 constant prices is expected to rise by 18 percent from K951 billion to…
Carlsberg conducts second draw

Carlsberg conducts second draw

  Carlsberg Malawi conducted the second draw of the spirits promotion at Shoprite on Friday, where Blantyre-based Kwame Thipa emerged winner…
BCA drills NPL supervisors

BCA drills NPL supervisors

Nation Publications Limited (NPL) supervisory level staff last week took time off to sharpen their skills on the team leadership…
Malawi tobacco revenue 11% above projection

Malawi tobacco revenue 11% above projection

  With four weeks before the end of the marketing season,tobacco revenue hit $333.55 million in week 20, about 11…
Police to train Fisp prosecutors

Police to train Fisp prosecutors

The Malawi Police Service (MPS), in its quest to make sure that this year’s Farm Input Subsidy Programme (Fisp) has…
Six counters gain on Malawi Stock Exchange

Six counters gain on Malawi Stock Exchange

  The local shares market, the Malawi Stock Exchange (MSE), was bullish in the week ending July 26 which saw…
Malawi inflation highest in Comesa

Malawi inflation highest in Comesa

  Malawi’s annual inflation rate in the month of June 2013 was the highest in the Common Market for Eastern…
Malawi inflation highest in Comesa

Malawi inflation highest in Comesa

  Malawi’s annual inflation rate in the month of June 2013 was the highest in the Common Market for Eastern…
Escom loses K160m to vandals

Escom loses K160m to vandals

  Over K160 million was lost to vandalism and theft of electricity infrastructure last year alone, the Electricity Supply Commission…
Nsanje farmers bemoan lack of markets

Nsanje farmers bemoan lack of markets

  People of Nyanthana Village in Bangula, Traditional Authority (T/A) Mbenje in Nsanje can testify on changed living standards, following…
Malawi trade deficit raises to K110bn in Q1

Malawi trade deficit raises to K110bn in Q1

Malawi 2013 First Quarter (Q1) trade deficit rose to about K110 billion from K109.2 billion in the preceding quarter, official…
Govt blamed on banana dangerous disease

Govt blamed on banana dangerous disease

The Civil Society Agriculture Network (Cisanet) has blamed Malawi government on its inaction against banana bunchy top disease which is…
Sunbird in mushroom production

Sunbird in mushroom production

Public- listed hotel chain Sunbird Tourism Limited has ventured into mushroom production in a bid to add flavour to its…
KPMG bails out Choma Health Centre

KPMG bails out Choma Health Centre

Audit and advisory firm KPMG has bailed out Choma Health Centre in the outskirts of Mzuzu from mobility problems facing…
Residents pay different price for water at Kiosks

Residents pay different price for water at Kiosks

Some residents in the peri-urban areas of Blantyre are paying higher water tariffs for water supplied at kiosks than others,…
Rural areas to access internet services

Rural areas to access internet services

The introduction of the Television White Spaces (TVWS) project will ensure that rural and underserved areas have access to affordable…
MRA upbeat on 2013/14 tax collection target

MRA upbeat on 2013/14 tax collection target

Public tax collector Malawi Revenue Authority (MRA) is upbeat that it will collect the projected tax revenue at K338.9 billion…
NBM cuts lending rate by 5 percentage points

NBM cuts lending rate by 5 percentage points

National Bank of Malawi (NBM) has reduced its base lending rate by five percentage points to 35 percent from 40…
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