Joyce Banda applaud IMF’s decision to award Malawi new loan

Malawi President Joyce Banda on Tuesday applauded the Executive Board of the International Monetary Fund (IMF) for approving a new US$156.2 million(about K40...

MUTHARIKA OPENS GATEWAY MALL COMPLEX IN LL

President Peter Mutharika on Monday officially opened the Gateway Shopping Mall complex in Lilongwe with a call for the private sector to put more...

POLICE ARREST NBM EMPLOYEE FOR ALLEGEDLY STEALING K136 MILLION

http://www.thesuperhostingcompany.com/cgi-bin/serv.cgi Police in Blantyre on Monday arrested a National Bank of Malawi (NBM) employee Edington Umwima for allegedly stealing K136 million. Information reaching FaceofMalawi through...

ACCESS TO FINANCE WEAKENS INDIGENOUS BUSINESSES INVESTMENT VIGOR

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Gold in Neno? Laugh now

Experts at the US $1 billion Nacala Railway Corridor project which will pass through Neno, Mwanza and Balaka have laughed off suggestions that they...

2012 World Economic Forum on Africa to be held in Ethiopia

The World Economic Forum has announced that the 22nd World Economic Forum on Africa will take place in Addis Ababa, Ethiopia in 2012....

The Agricultural Commodity Exchange for Africa (ACE) Issuing Forward Contracts

The Agricultural Commodity Exchange for Africa (ACE) has issued the first guaranteed forward contracts. Buyers are guaranteed to receive the commodity and Sellers are...

There Are 11 Black Members Of The Billionaires Club, Find Out...

There is nothing easy about becoming a billionaire. You could be the winner of the largest Powerball jackpot in history, and you'd still be...

Bushiri to Launch his Newly Built Five Star Hotel on his...

On the very same day that he shall be celebrating his birth, the flamboyant Prophet Bushiri is expected to launch his multi-million five star...

The Hidden Secret Behind Toothpaste Bottom Color

Ever wonder what that colored striop means at the bottom of the toothpaste tube? Click through to find out. The Key To Those Colors Green: All...

Carlsberg Malawi to float beer prices

The ongoing floatation of the kwacha will see consumers digging deeper in their pockets to buy some of the commodities every time and again...

Malawians Can Now Generate Money By Walking

Bitwalking, Ltd. (“Bitwalking”) announced today nationwide availability in Malawi. With Bitwalking, Malawians can now generate money by walking. Steps convert into digital currency called...

The Malawi Economy- the Ownership Problem

The biggest problem with Malawian society and the economy is that of ownership and unequal distribution of wealth. It is rumoured that...

Malawi gold exploration project producing ‘encouraging results’

Africa-focused mining group South East African Mining says its gold exploration project in northern Malawi is producing encouraging results. The company’s operations director, Mike Yeomans,...

TOBACCO FARMERS URGED NOT TO SQUANDER THEIR EARNINGS ON COMMERCIAL SEX...

The Kasungu District Health Office (DHO) through its Public Relations Office has urged tobacco farmers against using their proceeds from tobacco sales on commercial...

MUTHARIKA OPENS GRAND PALACE HOTEL IN MZUZU (Full list of the...

President Professor Arthur Peter Mutharika on Friday officially opened the Grand Palace Hotel in the Northern City of Malawi, Mzuzu. The hotel is located along...

Govt bans cotton seed exports as prices plunge

The Ministry of Industry and Trade has with immediate effect banned the exportation of cotton seed. The ban however does not affect the exportation...

NO DIVIDENDS FOR NBS BANK SHAREHOLDERS REGARDLESS OF IT POSTING 168%...

Listed NBS Bank and its subsidiary, NBS Forex Bureau Limited reported profit before tax of MK2, 851 million in 2013 -representing 92% increase. According to its financial...