Business

Nguru ya Nawambe to be opened to the public

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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…
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