Business
RBM revises upwards 2013 average inflation
March 15, 2013
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
March 15, 2013
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
March 15, 2013
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
March 13, 2013
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
March 13, 2013
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
March 13, 2013
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%
March 13, 2013
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%
March 13, 2013
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
March 12, 2013
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%
March 12, 2013
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
March 12, 2013
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
March 12, 2013
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
March 11, 2013
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
March 11, 2013
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
March 11, 2013
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
March 9, 2013
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
March 9, 2013
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
March 8, 2013
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
March 8, 2013
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
March 8, 2013
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…