Business
Nguru ya Nawambe to be opened to the public
June 21, 2012
Nguru ya Nawambe to be opened to the public
As one way of turning Kasungu into a tourist haven, the Kamuzu family has turned Nguru ya Nawambe into a…
Munlo sees commercial law degree courting investors
June 20, 2012
Munlo sees commercial law degree courting investors
Chief Justice (CJ) Lovemore Munlo has expressed confidence in the newly-established Masters of Law programme in Commercial Law at the…
Ecobank eyes top 3 spot in Malawi
June 20, 2012
Ecobank eyes top 3 spot in Malawi
Ecobank Malawi says its strategic intent is to become one of the country’s three largest banks by both assets and…
Commission condemns unfair trade practices
June 20, 2012
Commission condemns unfair trade practices
The Competition and Fair Trading Commission (CFTC) has condemned persisting anti-competitive and unfair trade practises which it says contravenes the…
Real posts K96m loss
June 20, 2012
Real posts K96m loss
 Real Insurance Company of Malawi Limited has reported a K96 million (about $384 000) loss in the year ended…
Ecobank Malawi to boost local exports
June 19, 2012
Ecobank Malawi to boost local exports
Ecobank Malawi says it is committed to boosting Malawi’s trade, especially exports, and is in talks with local authorities to…
Cotton growers feel cheated on prices
June 19, 2012
Cotton growers feel cheated on prices
The continued plunge of cotton prices this year has riled growers in the Shire Valley districts of Chikhwawa and Nsanje…
Escom clarifies tariff increase
June 19, 2012
Escom clarifies tariff increase
The Electricity Supply Corporation of Malawi (Escom) has dismissed reports that the recent 64.89 percent electricity tariffs adjustment is aimed…
Mera banks on new fuel pricing regime
June 19, 2012
Mera banks on new fuel pricing regime
The Malawi Energy Regulatory Authority (Mera) has said the adoption of an automatic pricing mechanism (APM) will help mitigate the…
Tobacco rakes in K25 billion
June 18, 2012
Tobacco rakes in K25 billion
 Cumulative earnings from tobacco, Malawi’s major foreign currency earner, have improved to $100.2 million (about K25 billion) as of…
Africa is our strategy, says Ecobank chief
June 18, 2012
Africa is our strategy, says Ecobank chief
A teary Arnold Ekpe, the outgoing group chief executive officer of Ecobank Transnational Incorporated (ETI), on Friday said the company…
Malawi Govt warned on zero domestic financing
June 18, 2012
Malawi Govt warned on zero domestic financing
Economics professor at Chancellor College Ben Kalua has cautioned government to tread carefully on its main fiscal anchor in the…
Ministry to sensitise Malawians on trade fair
June 15, 2012
Ministry to sensitise Malawians on trade fair
 Malawi’s Ministry of Trade and Industry says it will come up with promotional messages to sensitise Malawians on the…
EU pumps more funds into RIDP
June 15, 2012
EU pumps more funds into RIDP
 Head of European Commission to Malawi, Alexander Baum, has announced that the European Union will pump more money into…
Malawi to register two cigarette makers
June 15, 2012
Malawi to register two cigarette makers
Two companies have expressed interest to start manufacturing cigarettes in Malawi, a move which could help the country create more…
FMB advises govt on investment, taxes
June 15, 2012
FMB advises govt on investment, taxes
FMB Bank executive director Sean O’Neill on Monday said both Malawi government and the private sector need to provide credible…
Money market stabilising, say experts
June 15, 2012
Money market stabilising, say experts
The money market seems to have stabilised with a positive closing liquidity position of K4 billion (about $16m), analysts have…
Budget offers no solution to power woes–MIE
June 15, 2012
Budget offers no solution to power woes–MIE
The Malawi Institution of Engineers (MIE), a local professional body of engineers, has said the K406 billion (about $1.6bn) 2012/13…
RBM’s K30bn bond future uncertain
June 13, 2012
RBM’s K30bn bond future uncertain
The future of the K30 billion (about $120m) Reserve Bank of Malawi (RBM) treasury note issued last year hangs in…
Malawi earns K37bn from uranium
June 13, 2012
Malawi earns K37bn from uranium
Kayerekera Uranium Mine, Malawi’s largest mining investment, has earned the country $245 million (about K37 billion) since its inception in…