Business
MRA misses June tax revenue target
July 23, 2013
MRA misses June tax revenue target
The Malawi Revenue Authority (MRA) collected K26.5 billion in June 2013, missing its target by K271 million, the tax revenue…
Malawi must encourage NTBs removal—expert
July 23, 2013
Malawi must encourage NTBs removal—expert
Malawi must encourage the removal of non- tariff barriers (NTBs) in Comesa and Sadc to create seamless trade, an expert…
Govt VAT on internet raises rates
July 23, 2013
Govt VAT on internet raises rates
Internet service providers have jacked up their tariffs effective July 2013, apparently contradicting government’s argument on the services. Internet service…
Stock market trade sends indices up 0.4%
July 23, 2013
Stock market trade sends indices up 0.4%
The local shares market closed in a bullish trade last week with five counters registering price gains, sending the 14-counter…
Comesa signs private sector development pact
July 22, 2013
Comesa signs private sector development pact
The private sector in Eastern and Southern Africa will have a boost following the signing of a development agreement between…
Local producers to join network—Mftn
July 22, 2013
Local producers to join network—Mftn
The Malawi Fairtrade Network (Mftn) has engaged an extra gear to showcase its principles, achievements and challenges to woo more…
Africa must boost regional trade—UN
July 20, 2013
Africa must boost regional trade—UN
African governments should give more support to entrepreneurs to help boost regional trade flows, to allow businesses to benefit from…
Nanga, the computer dealer
July 20, 2013
Nanga, the computer dealer
Ajibu Nanga, 36, started selling computers three years ago under the name A Nanga Computers. He says he just wanted…
Ethiopia, Malawi airlines deal puts pressure on KQ
July 20, 2013
Ethiopia, Malawi airlines deal puts pressure on KQ
Kenya Airways (KQ) is set to face stiff competition in southern Africa following the return of Malawi’s national carrier with…
Investors’ shift to stock market looms
July 19, 2013
Investors’ shift to stock market looms
As T-Bill rates continue to tumble In an efficient market, the downward trend in Treasury bills (T-Bill) rates is supposed…
NBS presents prize to first Win-a-House Promo winner
July 19, 2013
NBS presents prize to first Win-a-House Promo winner
NBS Bank on Thursday presented K150 000 prize to Mwatikonda Mbendera , first winner in the on-going Win-a-House Promotion in which the…
Kayelekera mine in record production
July 19, 2013
Kayelekera mine in record production
Paladin Energy’s Kayelekera Mine (KM) in Karonga has achieved a record production which is four percent above the March quarter…
Maize, rice output to rise by 1.9%
July 19, 2013
Maize, rice output to rise by 1.9%
Malawi cereals output—including maize and rice—is projected to increase by 1.9 percent this year however, southern Africa’s total will decline…
HR function critical to firms’ performance
July 19, 2013
HR function critical to firms’ performance
Standard Bank Malawi has said the human resource (HR) function plays a critical role in any company’s performance, hence the…
Interest rates based on tangible economic trends—BAM
July 19, 2013
Interest rates based on tangible economic trends—BAM
The Bankers Association of Malawi (BAM) has said interest rates will decline considerably if the economy achieves tangible gains. BAM…
Dulux donates paint to Providence
July 19, 2013
Dulux donates paint to Providence
Dulux Paints Malawi, on Wednesday donated 200 litres of paint worth K320 000, to Providence Girls Secondary School for part of its…
A rethink on graft and bribery
July 19, 2013
A rethink on graft and bribery
A fortnight ago, Transparency International, a Berlin based corruption watch dog released results of its corruption barometer. It is different…
Illovo Malawi still glowing in Africa
July 18, 2013
Illovo Malawi still glowing in Africa
Illovo Sugar (Malawi) Limited’s performance continues to shine on the African continent, with the latest being ranked one of the…
Interest rates refusing to fall
July 18, 2013
Interest rates refusing to fall
IS ECONOMICS DEAD? President Joyce Banda, early this year, possibly based on objective economic analysis and of course to talk…
K215 billion for social spending in 2013/14
July 18, 2013
K215 billion for social spending in 2013/14
A total of K215 billion has been set aside for social spending in the 2013/14 Budget, representing 47 percent of…