Business
Lilongwe woman exports cane products to US
January 8, 2013
Lilongwe woman exports cane products to US
A Lilongwe-based entrepreneur Rosebill Satha has found a lucrative market for cane products in the US. The 28-year-old, who works…
IMF puts Malawi’s 2013 GDP at 5.5%
January 7, 2013
IMF puts Malawi’s 2013 GDP at 5.5%
The International Monetary Fund (IMF) expects the Malawi economy to grow by 5.5 percent this year, which is double the…
MRA intercepts smuggled goods worth K7m
January 7, 2013
MRA intercepts smuggled goods worth K7m
The Malawi Revenue Authority (MRA) last week intercepted goods worth over K7 million (about $21 212) that were smuggled into…
IMF pledges financial support, policy advice
January 7, 2013
IMF pledges financial support, policy advice
The International Monetary Fund (IMF) managing director, Christine Lagarde, has promised Malawi continued policy advice support and financial assistance to…
Filling a niche for contemporary sofa sets
January 7, 2013
Filling a niche for contemporary sofa sets
Realising the need for Malawians to access contemporary sofa sets, Fadeth Furnishers, a wholly-owned Malawian business specialising in production and…
Ndirande Village Bank shares K1.2m in six months
January 7, 2013
Ndirande Village Bank shares K1.2m in six months
Members of the six-month old Chitsanzo Village Savings and Loans Bank in December shared K1.2 million in dividends with the…
MBL may consider brewery plant
January 5, 2013
MBL may consider brewery plant
Malawi Beverages Limited (MBL), a wholly-owned subsidiary of SABMiller Africa, says its main focus is to establish business in the…
Ecam tips SMEs on business management
January 5, 2013
Ecam tips SMEs on business management
In its quest to build a strong small and medium enterprises (SMEs) base, Employers Consultative Association of Malawi (Ecam) this…
Governance path to recovery
January 4, 2013
Governance path to recovery
At the dawn of the current millennium, economists Craig Burnside and David Dollar of the World Bank wrote an influential…
MSE value drops 44 %
January 4, 2013
MSE value drops 44 %
The Malawi Stock Exchange (MSE) raised K3.9 billion in 2012, 44 percent down from K7 billion the year before, the…
Putting 2012 forex, fuel shortages in perspective
January 4, 2013
Putting 2012 forex, fuel shortages in perspective
Malawi has, in recent years, been experiencing the shortage of foreign currency in the formal financial market. The acute shortage…
Malawi advised against issuing export bans
January 2, 2013
Malawi advised against issuing export bans
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has decried government’s control in agriculture trade, arguing that it…
Mining sector: Opportunities, challenges, hopes
January 2, 2013
Mining sector: Opportunities, challenges, hopes
Malawi could be Africa’s largest source of rare earths, according to the Ministry of Mining. This could make the mining…
Skymobile Limited gets innovative through SMS
January 2, 2013
Skymobile Limited gets innovative through SMS
Skymobile Limited, a Malawian mobile information company, has come up with a new short message service (SMS) broadcast innovation that…
Airtel Malawi still concerned with corporate tax
January 2, 2013
Airtel Malawi still concerned with corporate tax
Airtel Malawi managing director Saulos Chilima says the telecommunications company is still concerned with corporate tax at 33 percent. Chilima…
‘Malawi banks ripping off consumers’
January 2, 2013
‘Malawi banks ripping off consumers’
The Consumers Association of Malawi (Cama) says banks in the country are reaping off consumers through prohibitive charges and, thereby,…
Japan to build K62.9 million clinic in Malawi
January 2, 2013
Japan to build K62.9 million clinic in Malawi
Japan has given the Lilongwe City Council (LCC) a K62.9 million (about $190 606) grant to construct a new medical…
Malawi yet to benefit from Repss
January 1, 2013
Malawi yet to benefit from Repss
Malawi has not lived up to its commitment to roll out the Common Market for Eastern and Southern Africa (Comesa)…
Fisp budget swells 40.3%
January 1, 2013
Fisp budget swells 40.3%
The 2012/13 budget for the Farm Input Subsidy Programme (Fisp) has swelled 40.3 percent to K57 billion from the initial…
TNM dips stock market
January 1, 2013
TNM dips stock market
Shareholders of TNM plc will probably end the year on a bad note as the counter’s share price has continued…