Business
Karonga benefiting from Comsip
July 10, 2013
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
July 10, 2013
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
July 10, 2013
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
July 10, 2013
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
July 10, 2013
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
July 10, 2013
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
July 9, 2013
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
July 9, 2013
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’
July 9, 2013
‘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’
July 9, 2013
‘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
July 9, 2013
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
July 9, 2013
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
July 9, 2013
‘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
July 9, 2013
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
July 8, 2013
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
July 8, 2013
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
July 8, 2013
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
July 8, 2013
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
July 6, 2013
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
July 6, 2013
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…