Malawi Kwacha plummets again, by 16% this time

Those who said the Kwacha’s gaining of power was due to nothing but the tobacco being sold at the auction floors were right; actually,...

MRA IMPRESSED WITH INDUSTRY’s RESPONSE ON EFDs

The Malawi Revenue Authority (MRA) has expressed satisfaction over the industry’s response on its recently introduced Electronic Fiscal Device meant to maximize collection of Value Added...

IMF team starts tour of duty

A three day multi stakeholder’s conference on the Malawi economy started Friday in the capital Lilongwe with International Monetary Fund Deputy Director of...

Government to audit NGO’s

The government, through the National Audit Office, will soon embark on an audit of all non-governmental organisations in the country, dating back to...

Bingu wa Mutharika’s regime to blame for slowing of Malawi economy,...

Malawi's economic performance has slowed down way below the earlier projection of 4.3 percent, Finance Minister Ken Lipenga acknowledged on Tuesday. Lipenga was...

IMF predicts 5.4% economic growth for 2012

High commodity prices will buoy much of sub-Saharan Africa in 2012, but South Africa will continue to stumble due to its deep ties...

Reserve Bank Of Malawi Sees Financial Literacy Week As Opportunity To...

The ongoing Financial Literacy Week, first of its kind in the country, which is running under the theme; Promoting Financial literacy on personal and...

Govt cuts spending on travel and assets

Government has introduced nine expenditure control measures among them the suspension of all government funded external travel and procurement of capital assets until the...

ILLOVO MALAWI INTRODUCES STANDARDIZED PRICES FOR SUGAR

In a bit to maintain price consistency Illovo Sugar Company has introduced standardized prices for sugar across the country. Consumers will now be paying K534...

AfDB Grants Malawi US $3.04 Million for Kholombidzo Power Feasibility Studies

The African Development Bank (AfDB) Group approved, on March 25, 2013, a grant amounting to US $3.04 million to finance the Kholombidzo Hydroelectric Power...

Bank of England to help Malawi’s economic recovery

The Bank of England is expected to dispatch one of its economic experts to Malawi to help the country deal with the effects...

AIRTEL AGENT ROBBED MK900, 000: POLICE LAUNCHES MAN-HUNT

Police have mounted a man-hunt of three robbers who on Monday robbed Airtel distribution agent money and airtime amounting to K900, 000. Brian Tweya, aged...

EU backs Joyce Banda administration on reforms

The European Union (EU) has said Malawi’s economic hardships resulting from donor-driven reforms would continue even if Malawians voted out the current Joyce Banda...

ECONOMISTS, RBM DIFFER ON MONETARY POLICY PERFOMANCE

Former finance minister Friday Jumbe have branded as failed government’s monetary policies that were aimed at curbing the rise in inflation and interest rates. Jumbe...

Blantyre Hotels Limited REVENUE GREW in 2013 –Thanks for Ryalls Hotel...

The Malawi Stock Exchange listed Blantyre Hotels Limited has started reaping from recent investments it made at its Ryalls Hotel. The company has since made...

GOVT TO TABLE ZERO-AID BUDGET; MALAWIANS SHOULD EXPECT TOUGH TIMES AHEAD-KACHAJE

One of the business and economic commentators in the country, Henry Kachaje has said Malawians should expect tough times ahead following the yet to...

SA equipment firm in Malawi coal-mine deal

South African supplier of engineering equipment Barloworld has entered into a contract with Malawian coal firm Mchenga Coal Mines to supply econcrete pipe...