Business
PCL H1 profit to jump 70%
July 17, 2013
PCL H1 profit to jump 70%
From the look of things, most of the Malawi Stock Exchange (MSE)—listed companies will enjoy good tidings based on the…
MTA faults shuttle bus tax removal
July 17, 2013
MTA faults shuttle bus tax removal
The Malawi Tourism Association (MTA) says although welcome, the incentive to remove taxes on shuttle buses offered to hoteliers does…
Ex-soldiers in Mchinji form Comsip Network
July 17, 2013
Ex-soldiers in Mchinji form Comsip Network
Former soldiers from the Malawi Defence Force (MDF) have regrouped in Mchinji District and formed a group called Retired MDF…
Malawi attracting foreign investment
July 17, 2013
Malawi attracting foreign investment
A team of 30 business delegates from India will be in Malawi to explore trade and investment opportunities, Malawi Investment…
Malawi tobacco revenue to beat target
July 16, 2013
Malawi tobacco revenue to beat target
With only a month to the closure of this year’s tobacco marketing season, the leaf’s revenue is fast rising and…
RFA launches fraud and corruption prevention policy
July 16, 2013
RFA launches fraud and corruption prevention policy
Malawi’s Roads Fund Administration (RFA) on Friday launched fraud and corruption policy to promote a culture that is intolerant to fraud and…
Iata, DCA to review Malawian Airlines plan
July 16, 2013
Iata, DCA to review Malawian Airlines plan
Ethiopian Airlines Limited, a strategic equity partner in Malawian Airlines Limited with 49 percent shareholding, will have to get a…
BCC confiscates 25 containers
July 16, 2013
BCC confiscates 25 containers
Blantyre City Council (BCC) has confiscated over 25 containers full of items from businesspeople in Blantyre and Limbe as some…
Sluggish Malawi economic spur corruption and fraud
July 16, 2013
Sluggish Malawi economic spur corruption and fraud
AMA associates, a newly formed organisation specialised in fraud prevention and risk management, say, Malawi’s sluggish economic development is due…
Malawi inflation eases to 27.9%
July 16, 2013
Malawi inflation eases to 27.9%
Malawi’s year-on-year inflation rate for June dropped 3.1 percentage points to 27.9 percent from 31 percent in May, the National…
Globe Metals appoints CEO as MD
July 16, 2013
Globe Metals appoints CEO as MD
Globe Metals and Mining, the Australian Stock Exchange (ASX)—listed company exploring for niobium at Kanyika in Mzimba has appointed the…
Malawi’s trade with EU, US drops
July 15, 2013
Malawi’s trade with EU, US drops
Malawi’s trade with the European Union (EU) and United States relatively declined between 1996 and 2011, with exports and imports…
Standard Bank named best investment bank in Africa
July 15, 2013
Standard Bank named best investment bank in Africa
Standard Bank has been named best investment bank in Africa, as well as the best bank in South Africa by…
Real’s H1 profit to jump 20%
July 15, 2013
Real’s H1 profit to jump 20%
Real Insurance Company of Malawi Limited expects its half-year performance and profitability to be more than 20 percent compared to…
‘MW TO SURVIVE GLOBAL ECONOMIC SLOW-DOWN’
July 13, 2013
‘MW TO SURVIVE GLOBAL ECONOMIC SLOW-DOWN’
Minister of Industry and Trade Sosten Gwengwe says Malawi will not be greatly affected by the global economic slow-down because…
‘Govt will not abandon greenbelt initiative’
July 13, 2013
‘Govt will not abandon greenbelt initiative’
Newly-appointed Minister of Irrigation and Water Development Brown Mpinganjira says government will not abandon the Green Belt Initiative (GBI) because…
Setting trends in shoe manufacturing
July 13, 2013
Setting trends in shoe manufacturing
Local shoe manufacturer, Trend Setters, is on the quest to become the country’s major shoe making company. After working in…
Malawi-India trade deficit widens to K40bn
July 12, 2013
Malawi-India trade deficit widens to K40bn
Malawi’s trade deficit with India almost doubled to K40.46 billion ($119 million) in 2011 from K23.46 billion ($69 million) in…
Malawi will not abandon Green Belt Initiative’
July 12, 2013
Malawi will not abandon Green Belt Initiative’
Malawi’s Minister of Water Development and Irrigation Brown Mpinganjira says government will not abandon the Green Belt Initiative because it…
Malawi loses 93% of fish stock in 20 yrs
July 12, 2013
Malawi loses 93% of fish stock in 20 yrs
Malawi has over the past two decades lost 93 percent of its fish production, according to an expert. “Between 1990…