Business
Private sector key to job creation—IFC
January 15, 2013
Private sector key to job creation—IFC
The private sector in developing countries including Malawi can create jobs at a faster rate if policymakers and development institutions…
EAC zero tariffs to benefit big companies—analysts
January 15, 2013
EAC zero tariffs to benefit big companies—analysts
Malawi’s small and medium-scale enterprises (SMEs) have expressed reservations on prospects that they will benefit from an extension of the…
Agriculture key to economic growth
January 15, 2013
Agriculture key to economic growth
Malawi’s agriculture sector will remain critical to the government’s Economic Recovery Plan (ERP) and the wider economic growth and development,…
Malawi’s cotton price set to rise
January 14, 2013
Malawi’s cotton price set to rise
Cotton prices on the Malawi market are likely to jump over last year, the vice- chairperson of Cotton Development Trust…
Don’t relax, RBM tells banks
January 14, 2013
Don’t relax, RBM tells banks
The Reserve Bank of Malawi (RBM) has asked Malawi banks ‘not to relax’ in their respective business endeavours. RBM deputy…
K4bn hotel under construction in Lilongwe
January 14, 2013
K4bn hotel under construction in Lilongwe
A K4 billion (about $12.1 million) five-storey hotel is under construction in Malawi’s capital, Lilongwe. The owners are Mantino Limited,…
Oasis furniture in expansion drive
January 14, 2013
Oasis furniture in expansion drive
Oasis Furniture is planning on expanding its tentacles into the cities of Blantyre and Mzuzu as one way of reaching…
Frequent blackouts costly for businesses
January 14, 2013
Frequent blackouts costly for businesses
Some Malawi business operators have singled out frequent and unannounced power cuts as a major obstacle to the success of…
MSB says 2012 was success
January 14, 2013
MSB says 2012 was success
Malawi Savings Bank (MSB) has described 2012 as a successful year for the bank. MSB head of retail and business…
Malawians feel sidelined in construction projects
January 12, 2013
Malawians feel sidelined in construction projects
The Economic Empowerment Action Group (EEAG) has described as segregation, government’s focus on Indian companies to bid for construction projects…
Malawi export plan to unlock productivity
January 12, 2013
Malawi export plan to unlock productivity
Malawi’s newly-appointed Minister of Industry and Trade, Sosten Gwengwe, says the recently launched National Export Strategy (Nes) will unlock private…
Don’t blame IMF for our economic mess
January 11, 2013
Don’t blame IMF for our economic mess
International Monetary Fund (IMF) managing director Christine Lagarde was in the country last week, in what I call a moral…
Nasfam to promote climate friendly agriculture
January 11, 2013
Nasfam to promote climate friendly agriculture
National Smallholder Farmers Association of Malawi (Nasfam) has said it will scale up its effort to promote climate smart agriculture…
‘Banks ripping off consumers’
January 11, 2013
‘Banks ripping off consumers’
The Consumers Association of Malawi (Cama) says banks are reaping off consumers through prohibitive charges and, thereby, making huge profits.…
Govt directive angers stationery suppliers
January 11, 2013
Govt directive angers stationery suppliers
A Malawi government directive that all stationery should be bought from the Central Government Stores has angered the National Association…
Investors shun long term govt securities
January 11, 2013
Investors shun long term govt securities
Investors are shunning government long-term securities for short term ones, which is an indication that they are uncertain about the…
Lilongwe ‘bridges’ owners losing business
January 11, 2013
Lilongwe ‘bridges’ owners losing business
Owners of makeshift bridges connecting Tsoka and Lizulu markets in Malawi’s capital, Lilongwe fear they will be pushed out of…
MRA meets November targets
January 9, 2013
MRA meets November targets
The Malawi Revenue Authority (MRA) in November failed to meet its targets in excise duties, value-added tax (VAT) and corporate…
PCL has new chairperson
January 9, 2013
PCL has new chairperson
Press Corporation Limited (PCL), the Malawi Stock Exchange (MSE) listed conglomerate has announced the appointment of Clement Chilingulo as its…
Black market fuel prices dip
January 9, 2013
Black market fuel prices dip
The availability of fuel in most service stations in the country has forced the black market to sell the petroleum…