Business

Lilongwe woman exports cane products to US

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%

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

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

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

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

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

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

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

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 %

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

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

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

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

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

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’

‘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

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

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%

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

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…
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