2 MORE CEAR TRAINS ARRIVED IN THE COUNTRY OVER THE WEEKEND

The Central East African Railways (CEAR) wishes to inform the general public that two locomotives which are part of the five the company procured...

FDH Bank Bans Wearing Of Hats In Their Banking Halls

FDH Bank has banned its customers from wearing hats in their heads as they are stepping into the FDH banks premises. The FDH management passed...

AIRTEL MALAWI LAUNCHES TISANJE PROMOTION

One of the leading mobile service providers in the country Airtel Malawi has launched Tisanje promotion where subscribers stand a chance of reaping millions...

Health hazard: Kanyika water highly contaminated with uranium

Selina Nyirongo balances a pail of water on her head, a daily chore for most women around Kanyika area, Traditional Authority (T/A) Mabilabo...

IMF to learn Malawi’s policy intentions

Minister of Finance and Development Planning Ken Lipenga says the country has taken advantage of the visiting team from the International Monetary Fund...

Exim Bank’s Line of Credit to the Government of the Republic...

To All Category – I Authorised Dealer Banks Madam / Sir, Exim Bank‘s Line of Credit of USD 76.50 million to the Government of the Republic of Malawi Export-Import Bank of...

EU to give Malawi K40 billion

The European Union is today, expected to give Malawi €98 million (about K40 billion) aimed at stabilising the ailing economy that continues to...

MUTHARIKA HAILS HTD LIMITED FOR INVESTING IN THE COUNTRY

President Professor Arthur Peter Mutharika on Thursday applauded HTD Limited for its investments in the country. Mutharika said this during the official opening of...

Inclusive growth top agenda on IMF Multi-Stakeholder Conference

The International Monetary Fund (IMF) says the multistakeholder conference it will jointly host with the Ministry of Finance and the Reserve Bank of...

MALAWI’S ECONOMY IN 2013

The Monetary Policy Committee –MPC that met 8 times between June 2012-July 2013 had raised the bank rate to 25 per cent in December...

Banking Mistakes That Can Cause You Trouble

There are certain banking mistakes that can land you in serious trouble if you make them. These are some of those mistakes. Consumers are often...

MALAWI STOCK EXCHANGE HAS DROPPED TO SECOND PLACE ON REGIONAL INDEX

The Malawi Stock Exchange has been named as Africa’s best market performer with Tanzania in first place now. According to African Capital Markets, Tanzania Stock...

Standard Bank Fire 10 Branch Managers

Standard bank head of marketing and communications, Thoko Unyolo has confirmed the sacking of 10 Standard bank`s branch managers following their failure to meet...

ANALYSTS ATTRIBUTE DECLINING RATES TO EXCESS LIQUIDITY

Analysts have attributed the current declining interest rates to –depressed loan demand that resulted in financial institutions having excess accumulation of cash. It has been...

Malawi needs US$4.5 billion to recover

Malawi's ailing economy requires up to US$4.5 billion to recover from the current crises. The revelation is in sharp contrast to what President Joyce Banda...

MALAWI TO MISS INITIAL BENEFITS OF GLOBAL ECONOMIC RECOVERY

Financial market analysts say –Malawi will not, anytime soon, feel the impacts of world economic recovery as it does not directly trade with big...

APPLE RELEASES PRICES OF IPHONE 6, IPHONE 6 PLUS

Apple has finally released prices of the newly launched iphone 6 which is available in two models namely, the iphone 6 and iphone 6...

Ligoya apologises to Paradin

By Rex Chikoko Reserve Bank of Malawi governor Perks Ligoya has swallowed his pride and apologised to Paradin Energy Ltd over the remarks he...