Business
Malawi can save K4bn with GM cotton—CDT
February 5, 2013
Malawi can save K4bn with GM cotton—CDT
The Cotton Development Trust (CDT) has said Malawi would save K4 billion and boost yield if it embraces genetically-modified (GM)…
Malawi stock of private liabilities up
February 5, 2013
Malawi stock of private liabilities up
Malawi’s stocks of foreign private liabilities have jumped 24 percent to $1.3 billion from $1.1 billion, a recent foreign private…
Comesa commission to benefit Malawi
February 5, 2013
Comesa commission to benefit Malawi
The Competition and Fair Trading Commission (CFTC) has said Malawi stands to benefit by hosting the Common Market for Eastern…
‘Transport costs make Malawi products uncompetitive’
February 5, 2013
‘Transport costs make Malawi products uncompetitive’
Malawi Confederation of Chamber of Commerce and Industry (MCCCI) has said high cost of international transport is a major obstacle…
Malawi not doing enough on irrigation
February 5, 2013
Malawi not doing enough on irrigation
The Farmers Union of Malawi (FUM) has said Malawi is not doing enough to venture into serious irrigation farming to…
‘Malawi banks risk shrinking forex business’
February 4, 2013
‘Malawi banks risk shrinking forex business’
Malawi’s commercial banks are risking a reduction in foreign exchange business due to the prevailing global liquidity shortages, the Reserve…
AHL urges growers to diversify
February 4, 2013
AHL urges growers to diversify
Auction Holdings Limited (AHL) has said due to the worldwide anti-smoking campaign, tobacco growers need to grow other crops apart…
MRA struggles to meet Dec targets
February 4, 2013
MRA struggles to meet Dec targets
The Malawi Revenue Authority (MRA) in December failed to meet its targets in income and profits tax, value added and…
Malawi Govt to promote rural factories
February 4, 2013
Malawi Govt to promote rural factories
Malawi Government has said it is committed to promote small-scale factories to create business and employment opportunities in rural areas.…
Devaluation affects Entrepreneurship Revolution
February 4, 2013
Devaluation affects Entrepreneurship Revolution
Devaluation of the kwacha and its subsequent floatation has negatively affected the rollout of the Entrepreneurship Revolution Programme. Business consultant…
Press Trust spends K4m on flood victims
February 4, 2013
Press Trust spends K4m on flood victims
Press Trust has distributed maize and beans worth K4 million to flood victims in 10 districts of the country. George…
Delays to open Presidents Hotel cost Malawi millions
February 2, 2013
Delays to open Presidents Hotel cost Malawi millions
Malawi government has admitted that delays to open the President’s Hotel in Lilongwe are costing it millions as the facility…
Cotton trust urges efficiency in production
February 2, 2013
Cotton trust urges efficiency in production
The Cotton Development Trust (CDT), a cotton industry association representing different players in the cotton value chain, says cotton farmers…
Australian miner buys EPL in Malawi firm
February 1, 2013
Australian miner buys EPL in Malawi firm
Intra Energy Corporation Limited (IEC), an Australian Stock Exchange-listed developer of coal with a focus on Africa, has acquired three…
Malawi kwacha free-fall not surprising—analysts
February 1, 2013
Malawi kwacha free-fall not surprising—analysts
The continued free-fall of the Malawi kwacha is not surprising because the local unit is responding to forces of the…
Malawians are not lazy people
February 1, 2013
Malawians are not lazy people
In a Johannesburg suburb, some years ago I tumbled on a community newspaper. Curiously, I checked the classified adverts section…
Malawi expensive to send money to—World Bank
February 1, 2013
Malawi expensive to send money to—World Bank
The latest World Bank report has revealed that Malawi is one of the few African countries which are most expensive…
Experts doubts benefits of CFTA
January 30, 2013
Experts doubts benefits of CFTA
Experts have said Malawi may not benefit much from the African Union’s (AU) proposed Continental Free Trade Area (CFTA) as…
SMEs find lucrative market at Tete
January 30, 2013
SMEs find lucrative market at Tete
The National Association of Small and Medium Enterprises (Nasme) has expressed the need to train small and medium enterprises (SME)…
Revised audit standards to improve governance
January 30, 2013
Revised audit standards to improve governance
The Institute of Internal Auditors in Malawi (IIA-Mw) has said revised internal audit standards will improve corporate governance in the…