Tags: Comesa

Malawi to benefit from new Comesa deal

  Malawi is set to benefit from the new Common Market for East and Central Africa (Comesa) Mutual Recognition Framework (C-MRF), which aims at providing analytical results and recognition of certificates of analysis issued by the laboratories of the participating countries. According to a statement published on the Comesa website, the framework will address differences…

Comesa tips Malawi on boosting trade, tourism

The Common Market for Eastern and Southern Africa (Comesa) Competition Commission (CCC) has said Malawi should export processed farm produce and improve on her tourism industry to effectively compete in the Tripartite Free Trade Area (TFTA) which becomes operational in 2017. Speaking in an interview on the sidelines of a Second Regional Sensitization Workshop in…

Africa creates Cape to Cairo free trade zone

Heads of State of Sadc, EAC and Comesa on Wednesday launched a Tripartite Free Trade Area (TFTA) aimed at bolstering intra-regional trade by creating a wider market and increased investment flows. President Peter Mutharika, who attended the summit in Egypt, also signed the trade deal for the three existing trade blocs—the Southern African Development Community…

Malawi’s food security improves—report

Malawi’s food security situation has generally improved due to this year’s harvest, which has resulted in lower prices for the staple crop on the market, according to the Food and Agriculture Organisation (FAO) report for 2014. However, this is against the backdrop of a Malawi Vulnerability Assessment Committee (Mvac) report, which indicated that an estimated…

Malawi embraces Comesa electronic system

Malawi has become the latest country to embrace the Comesa Virtual Trade Facilitation System (Cvtfs) which aims to cut down non-tariff barriers, reduce the cost of doing business and improve intra-regional trade, among others. The system also aims to integrate systems used by regional revenue authorities, transporters, shippers, clearing agents, ports and customs to provide…

Malawi’s inflation fall highest in Comesa

Malawi recorded the highest fall in inflation in May although the rate remained one of the highest in the region, according to the Common Market for Eastern and Southern Africa (Comesa). The Comesa Harmonised Consumer Price Index (HCPI), a regional measure of inflation released last month indicates that Malawi recorded the highest month on month…

Payments infrastructure largely stable—RBM

Malawi’s central bank, the Reserve Bank of Malawi (RBM), says the country’s payments infrastructure has been largely stable, allowing a smooth flow of funds for economic activity. In 2013, the central bank continued to implement various infrastructural and regulatory reforms to improve the safety and efficiency of the national payments system, according to the National…

Ballot papers safe— MEC

The Malawi Electoral Commission (MEC) has assured Malawians that ballot papers for tomorrow’s tripartite elections are safe despite concerns about possible tampering. The concern came after an electricity blackout on Friday the time ballot papers were being distributed, and some sections of society feared the blackout was a deliberate ploy to tamper with the papers.…