Business

World Bank to loan Malawi $30m

World Bank to loan Malawi $30m

The World Bank on Thursday approved a $30 million (about K5.01 billion) loan to Malawi to shore up diversification from …
‘Quantity surveyors key to Africa’s development’

‘Quantity surveyors key to Africa’s development’

Africa’s quantity surveyors face a challenge to help governments realise beneficial costs in construction so as to improve lives of…
‘Malawi a gem of Africa’

‘Malawi a gem of Africa’

The International Council of Tourism Partners (ICTP) on Thursday announced that Malawi has become a destination member, a move which…
Mkango upbeat on second phase drilling

Mkango upbeat on second phase drilling

Mkango Resources Limited, a mining company trading on TSX venture exchange in Canada, says it has intensified exploration works for…
Globe on target on EIA

Globe on target on EIA

Africa-focused Globe Metals and Mining is on target for the completion of the definitive feasibility study (DFS) by the end…
Easier said than done!

Easier said than done!

‘’Don’t spend your time worrying about specific money-saving tactics right now. Spend a week or so really thinking about your…
TI dares Malawi on mining deals

TI dares Malawi on mining deals

Transparency International (TI) has challenged Malawi civil society organisations (CSOs) and the media to ensure independent and strict scrutiny of…
RBM says no policy shift on tobacco dollars

RBM says no policy shift on tobacco dollars

As tobacco sales are geared to start in Lilongwe on Monday, the Reserve Bank of Malawi (RBM) says there is…
Malawi showcases tourism products in Germany

Malawi showcases tourism products in Germany

Five Malawian companies last week showcased their tourism products at the International Tourism Travel Bourse (ITB) in Berlin, Germany. The…
Zambia invites Malawi to 28th Zim trade fair

Zambia invites Malawi to 28th Zim trade fair

Zambia has invited Malawian firms to take part in its 48th International Trade Fair to be held on June 27…
Malawi-India trade jumps 85%

Malawi-India trade jumps 85%

Trade between Malawi and India soared by 85 percent to hit $113 million (K18.9 billion) between April and November 2011,…
EEW publishes business directory

EEW publishes business directory

The Economic Empowerment for Women (EEW) Project has produced a directory to ease challenges women face when they start businesses.…
Smuggled Malawi sugar confiscated in Tanzania

Smuggled Malawi sugar confiscated in Tanzania

Tanzanian authorities have confiscated more than 6 000 kgs of Malawian sugar which was smuggled into that country.   The…
Stansfield Motors lays off 48 workers

Stansfield Motors lays off 48 workers

Stansfield Motors Limited has laid off 48 employees between August 2011 and February 2012, reducing their workforce from 189 to…
IMF starts talks with Malawi

IMF starts talks with Malawi

The IMF on Monday started Article IV consultations with Malawi aimed at assessing Capital Hill’s implementation of economic and financial…
Malawi debt with banks at K30.2bn

Malawi debt with banks at K30.2bn

Malawi Government’s outstanding debt with commercial banks has peaked at K30.2 billion (about $180.8 million), the Reserve Bank of Malawi…
‘Malawi not borrowing too much’

‘Malawi not borrowing too much’

Minister of Finance and Development Planning Dr Ken Lipenga has dismissed claims that Malawi is borrowing too much and needlessly.…
Expectations soar as tobacco sales start

Expectations soar as tobacco sales start

Expectations are high among Malawi’s tobacco growers as this year’s marketing season opens Monday. Tobacco Control Commission (TCC) chief executive…
‘Basel II to boost investor confidence’

‘Basel II to boost investor confidence’

The Reserve Bank of Malawi (RBM) says the implementation of Basel II in January 2014 will help the country in…
Illovo controls sugar supply, fuels speculation

Illovo controls sugar supply, fuels speculation

Illovo Sugar (Malawi) Limited’s control of supplies it releases on the domestic market is fuelling panic and price speculation among…
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