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RBM revises upwards 2013 average inflation

RBM revises upwards 2013 average inflation

Bothered by several risks in the financial system, the Reserve Bank of Malawi (RBM) has revised upwards Malawi’s annual average…
What happened there can happen here

What happened there can happen here

On the front cover of The Economist dated March 2 to 8 2013 the heading is “Aspiring Africa.” For a…
Development in leaders’ word

Development in leaders’ word

Writing in the Law and Society Review of March 2004 (USA), James Gibson points out that a human rights culture…
Council takes pre-budget consultations to communities

Council takes pre-budget consultations to communities

Zomba District Council has said holding pre-budget consultations is one way of enhancing governance at the local level and giving…
Transporters want spare parts waiver

Transporters want spare parts waiver

Local transporters have asked Malawi Government through the Ministry of Transport to consider a waiver on spare parts and equipment…
MRA intercepts two Fortuners

MRA intercepts two Fortuners

The Malawi Revenue Authority (MRA) has intercepted two Toyota Fortuners whose owners tried to evade paying duty in Dedza. In…
Malawi sugar price up 15%

Malawi sugar price up 15%

Consumers will have to dig deeper into their pockets to buy sugar following a 15 percent price hike by Illovo…
No relief for Malawians as fuel goes up 2.2%

No relief for Malawians as fuel goes up 2.2%

There seems to be no respite for consumers regarding the rise in commodity prices following an average 2.2 percent jump…
Malawi loses 140 000 tonnes of maize

Malawi loses 140 000 tonnes of maize

Malawi has lost 140 000 metric tonnes of maize between January and to date through informal exports, the Grain Traders…
Standard Bank profit up 125%

Standard Bank profit up 125%

Standard Bank has reported a 125 percent profit jump to K7.9 billion from the previous year’s K3.5 billion, beating by…
Malawi to focus on regional trade

Malawi to focus on regional trade

Minister of Industry and Trade Sosten Gwengwe has said intra-regional trade makes more economic sense to Malawi and has since…
Saudi Fund approves $15m for Phalombe Hospital

Saudi Fund approves $15m for Phalombe Hospital

The Saudi Fund for Development approved a loan amounting to $15 million (K5.5 billion) to supplement the money for the…
Report blames Malawi Govt on fertiliser costs

Report blames Malawi Govt on fertiliser costs

The World Bank has blamed high fertiliser costs on governments’ involvement and the commodity’s supply system which has hidden costs.…
Malawi’s textile manufacturer invests $35m

Malawi’s textile manufacturer invests $35m

Textile manufacturer Mapeto DWSM has invested $35 million (K13.7 billion, at the current exchange rate) in the company which includes…
Rainbow Paints start Mozambique exports

Rainbow Paints start Mozambique exports

Rainbow Paints Malawi has exported the first consignment of its products to Tete, Mozambique, as part of the company’s strategy…
US consultant schools Malawi on tourism

US consultant schools Malawi on tourism

An American consultant, Nancy Magsig, says Malawi should aggressively market itself in the Americas because not many people know about…
Malawi gears up for 2013 tobacco selling season

Malawi gears up for 2013 tobacco selling season

As the Malawi tobacco selling season starts on Monday March 18, players in the industry have expressed confidence that growers…
Malawi renegotiates Kanyika mine deal

Malawi renegotiates Kanyika mine deal

Malawi Government is renegotiating the Kanyika Mining Development Agreement to create a win-win situation in which Malawi, as a country,…
Malawi Stock Exchange shares value, volume drops

Malawi Stock Exchange shares value, volume drops

The Malawi Stock Exchange (MSE) says it registered a drop in total value of shares traded and volume in February…
Commodity prices jump 137% in 9 months —Cama

Commodity prices jump 137% in 9 months —Cama

The Consumers Association of Malawi (Cama) has said commodity prices have jumped at an average rate of 137 percent in…
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