Inflation hits 33.3%

Malawians will tomorrow join the rest of the world in celebrating Christmas, the birth of Jesus Christ, a man Christians believe is the son...

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...

Police on Hunt for Mzuzu Bank Robbers, K2.5 Million Missing

Robbers who broke into FDH bank on Monday in Mzuzu are on the wanted list by Malawi Police. The incident happened within the wee hours...

Malawi Diaspora Desk to increase foreign investment

Malawians living abroad will from now keep abreast and contribute to the development of the nation following government’s establishment of a Diaspora desk...

250,000 Blantyre rural residents to benefit from 100 boreholes

Over 250,000 Blantyre rural district residents stand to benefit from 100 boreholes, the Blantyre district water office is currently drilling in all Traditional Authorities...

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...

CHIBUKU COMPANY DONATES BREATHALYZERS TO MPS

The Chibuku company Limited has donated breathalyzers to Malawi police Services to help in curbing the drink and drive accident in the roads of...

Malawi external debt hits US$1.1 billion

Malawi's Ministry of Finance says the country's debt levels have reached US$1.1 billion in July this year as the rate of borrowing sharply...

MERGERS AND ACQUISTION (M&A) – SIMPLE EXPLANATION

  By : Winston Upile Mponda   If you are an interested reader of various business news articles, this is one of the common topics that...

African Development Bank gives Malawi $40 million

The African Development Bank on Friday gave impoverished Malawi $40 million in budget help, just days after two of the country's biggest donors,...

Malawi weighs signing controversial EU trade deal

Malawi has opened up negotiations on the economic partnership agreement (EPA) with the European Union, which have been deadlocked since 2002. The new round...

POLITICIANS’ ‘CASH-GATE’ CAMPAIGN TO PUSH INFLATION

Economists have warned that the declining inflation rate may rise again if authorities will not manage politicians’ cash splashes during campaign period. The unstable economy...

Malawi’s banked population continues to grow

A report by the Reserve Bank of Malawi (RBM) has shown that the number of Malawians with access to banking services has increased by...

MBS suspends operations of Cafe Lounge at Chichiri Shopping Mall

Malawi Bureau of Standards (MBS) has with immediate effect suspended operations of Cafe Lounge situated at Chichiri Shopping Mall in the commercial capital Blantyre. This...

Kwacha down by 107% since May

The Malawi kwacha exchange rate to the United States dollar closed the year 2012 at an average price of K346, down from K167 on...

IMF Executive Board Approves New US$ 156.2 Million Extended Credit Facility...

The Executive Board of the International Monetary Fund (IMF) today approved a new three-year arrangement for Malawi under the Extended Credit Facility (ECF)...

Apple Unveils iPhone X and 8 Models

Apple unveiled iPhone X, its first premium-tier phone, at an event in Cupertino, Calif., on Tuesday. Here’s what else the company had to say. iPhone...

CHILIMA TO ATTEND NABW EXHIBITION

The country's Vice President Saulosi Klausi Chilima is expected to attend exhibition by the National Association of Business Women (Nabw) dubbed Malawi National Business...