Business

Karonga benefiting from Comsip

Karonga benefiting from Comsip

  Karonga District Council director of planning and development for Emmanuel Bulukutu says the Community Savings and Investment Promotions (Comsip)…
Press Trust hands over K22.1m school blocks

Press Trust hands over K22.1m school blocks

Press Trust, a public trust that assists government on developmental projects in the country, presented two school blocks at Kamwendo…
Filling stations may start selling ethanol next year

Filling stations may start selling ethanol next year

  Filling stations in Malawi may start selling ethanol fuel to motorists whose cars run on petrol and discussions with…
Malawi tobacco prices, volume drop

Malawi tobacco prices, volume drop

Malawi tobacco average prices, volume and revenue dropped in the week ending July 5, indicates official data provided by the…
MSB donates K3.8m for school block

MSB donates K3.8m for school block

  Malawi Savings Bank (MSB) on Thursday donated K3.8 million (about $9 500) to Help Malawi, towards the construction of school blocks…
Seed Co Malawi unveils $7m expansion plans

Seed Co Malawi unveils $7m expansion plans

Seed Co Malawi, a wholly-owned subsidiary of Zimbabwe Stock Exchange (ZSE)-listed Seed Co Limited, has unveiled plans for a $7…
Malawi slips on policy, institutional assessment

Malawi slips on policy, institutional assessment

Malawi slipped on Country Policy Institutional Assessment (Cpia)—World Bank annual reports that describe Africa’s quality of policies and institutions underpinning…
NBM introduces pay day loan scheme

NBM introduces pay day loan scheme

National Bank of Malawi (NBM), the biggest Malawi Stock Exchange (MSE)-listed bank in terms of assets, has introduced pay day…
‘GM cotton can do well in most parts of Malawi’

‘GM cotton can do well in most parts of Malawi’

  A renowned plant breeder, Dr Moses Maliro, says genetically modified (GM) cotton can do well in most parts of…
‘Fisp, a burden to Malawi youth’

‘Fisp, a burden to Malawi youth’

  The Sustainable Rural Growth and Initiative, a local non-governmental organisation (NGO), has added its voice to calls for an…
Legumes fetched K15.3bn in 2012

Legumes fetched K15.3bn in 2012

  Legumes’ exports raked in K15.3 billion in the second half of 2012, ranking third after tobacco and uranium, figures…
Three counters close higher on MSE

Three counters close higher on MSE

  The Malawi All Share Index (Masi), the overall measure of Malawi Stock Exchange (MSE) performance, went up 12.18 points…
‘Black market’ fuel traders invade filling stations

‘Black market’ fuel traders invade filling stations

Black market fuel merchants, who used to sell petroleum products in secrecy, have now come in the open and are…
Grow more mushrooms, SMEs advised

Grow more mushrooms, SMEs advised

  The National Association of Small and Medium Enterprises (Nasme) has urged the country’s Small and Medium Enterprises (SMEs) to…
Malawi aligns tariffs to Sadc

Malawi aligns tariffs to Sadc

  Malawi has progressively phased down her tariffs to align itself with the Southern Africa Development Community (Sadc), a government…
Lipenga calls for fiscal prudence

Lipenga calls for fiscal prudence

Malawi’s Finance Minister Ken Lipenga has warned against misuse of donor funds, saying doing so hurts taxpayers who have to…
MSE raises K2 billion

MSE raises K2 billion

  The 14-counter Malawi Stock Exchange (MSE) raised K2.1 billion ($5.5 million) in the second quarter (Q2) of this year,…
Comsip turns beggar into entrepreneur

Comsip turns beggar into entrepreneur

Masautso Chikuse used to beg for alms in his wheelchair at the Paul Kagame junction near the Lilongwe Hotel, until…
TEA EXPORT REVENUE AT $11.9 MILLION

TEA EXPORT REVENUE AT $11.9 MILLION

Cumulative export revenue for Tea, one of the country’s foreign currency earners, stood at $11.9 million out of 15.6 million…
Duty killing cross border businesses

Duty killing cross border businesses

Small and medium enterprises (SMEs) in Mzuzu say most businesses are shutting down due to high duty they pay to…
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