Business

‘Malawi is Africa’s largest source of rare earths’

‘Malawi is Africa’s largest source of rare earths’

Malawi could probably be Africa’s largest source of rare earths, a situation that could make the country’s mining sector contribution…
Malawi to have starch factory in Nov

Malawi to have starch factory in Nov

About  9 000 farmers are expected to benefit from Universal Farm Limited’s starch factory set to start this November at…
Cama condemns shop owners in Malawi

Cama condemns shop owners in Malawi

Consumers Association of Malawi (Cama) has condemned shop owners who force customers to surrender their handbags at the reception when…
Malawi flops on MIF economic index

Malawi flops on MIF economic index

Malawi has fared badly on sustainable economic opportunity category of the 2012 Ibrahim Index of African Governance (IIAG). IIAG, sponsored…
Malawi demarcates border with Zambia, Mozambique

Malawi demarcates border with Zambia, Mozambique

The Ministry of Lands and Housing has completed demarcating the border between Malawi and Zambia. Surveyor General in the Department…
Doubts hang over Comesa Customs Union creation

Doubts hang over Comesa Customs Union creation

There is a cloud of uncertainty hanging over the creation of the Common Market for Eastern and Southern Africa (Comesa)…
Kuwait company to invest in Malawi

Kuwait company to invest in Malawi

Alghanim Group president Tarek Issa has pledged to invest in Malawi’s energy sector. This should be good news to businesses…
Malawi’s economic plan needs achievable targets

Malawi’s economic plan needs achievable targets

Malawi’s Economic Recovery Plan (ERP) must be supported by the entire civil service with targets that are measurable, achievable and…
Malawi engages extra gear in attracting FDI

Malawi engages extra gear in attracting FDI

Malawi Investment and Trade Centre (Mitc) on Friday launched a website to help the country attract more foreign direct investment…
Malawi told to ban luxury imports

Malawi told to ban luxury imports

Some market analysts have asked government to impose a temporary ban on luxury imports to lessen foreign currency drainage. Capital…
Making ends meet

Making ends meet

Tourism is touted as one area with potential to turn around Malawi’s foreign exchange woes. Apart from breathtaking sceneries, curios…
Nancholi youth to export scarves

Nancholi youth to export scarves

World University Service of Canada (Wusc) last week gave a sewing machine to Maganizo Women Empowerment (Mawe) in Nancholi, Blantyre.…
Malawi’s milk producers want supportive legislation

Malawi’s milk producers want supportive legislation

Shire Highlands Milk Producers Association (Shmpa) has called on policy makers to design supportive legislation for promoting widespread distribution of…
‘Malawi has low bank access’

‘Malawi has low bank access’

Malawi is one of the countries with low access to commercial banks in the Eastern and Southern Africa (ESA) Region,…
TCC registers more tobacco growers

TCC registers more tobacco growers

Tobacco Control Commission (TCC) says the number of registered tobacco growers in the 2013 tobacco growing season has more than…
Malawi engages public on recovery plan

Malawi engages public on recovery plan

After a barrage of criticism that the recently launched Economic Recovery Plan (ERP) lacks clarity and focus, government has this…
‘Tobacco has future in Malawi’

‘Tobacco has future in Malawi’

Players in the tobacco industry in Malawi say the crop still has a future despite global threats emanating from the…
Nico Holdings’ SFG asked to recapitalise

Nico Holdings’ SFG asked to recapitalise

Nico Holdings Limited subsidiary, Zimbabwe-based SFG Insurance Company, has been asked to come up with a ‘viable recapitalisation plan’ to…
Malawi needs radical rethink on exports

Malawi needs radical rethink on exports

Reserve Bank of Malawi (RBM) Governor Charles Chuka is surprised that the monthly import bill is well in excess of…
Is ASCA Banking an alternative solution?

Is ASCA Banking an alternative solution?

ASCA is an acronym for accumulating savings and credit association. It is an informal bank which collects equal contributions of…
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