Business
World Bank to loan Malawi $30m
March 26, 2012
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’
March 26, 2012
‘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’
March 26, 2012
‘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
March 26, 2012
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
March 24, 2012
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!
March 24, 2012
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
March 24, 2012
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
March 23, 2012
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
March 23, 2012
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
March 23, 2012
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%
March 23, 2012
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
March 21, 2012
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
March 21, 2012
Smuggled Malawi sugar confiscated in Tanzania
Tanzanian authorities have confiscated more than 6 000 kgs of Malawian sugar which was smuggled into that country. Â The…
Stansfield Motors lays off 48 workers
March 21, 2012
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
March 20, 2012
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
March 20, 2012
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’
March 20, 2012
‘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
March 20, 2012
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’
March 19, 2012
‘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
March 19, 2012
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…