Illovo, Nico shares gain

The stock market last week saw two counters registering share price gains resulting in the upward movement of the Malawi All Share Index...

Paladin’s Kayerekera uranium mine output up with 15%

Production at Kayelekera Uranium Mine (KUM) in Karonga jumped 15 percent in the quarter ending March 2012 over the previous quarter, according to...

Urban and rural inflation rates continue to rise

The year-on-year headline inflation for the country continued to rise for the month of March 2012. For the third month running, the inflation is...

Partnerships boost Globe Metals’ development of vital Health Post in Malawi

Globe Metals & Mining release an announcement to inform the market of its participation in the development of the Etandweni Health Post, nearby...

Reserve Bank of Malawi angers local contractors

The awarding of a multi-million kwacha contract to a foreign contractor for curtain, walling and glazing of the Reserve Bank of Malawi (RMB)...

Government to shelve Shire Zambezi project

The People's Party (PP) led government has said it will put on the shelf the highly publicised Shire-Zambezi waterway project which was a...

Banks’ profits raise eyebrows

Despite the deteriorating economy and shrinking business opportunities in the country, most banks have raked in huge profits, a development which has raised...

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...

Pick n Pay to enter Malawi, DRC

South Africa’s No.2 food retailer, Pick n Pay, will enter Malawi and the Democratic Republic of Congo (DRC) in the next 12 months,...

Unfair mining agreements depriving Africa of enough earnings from gold revenues...

Africa is not cashing in enough from its large gold resources, despite the spiralling price of the metal over recent years, a working...

Finance Minister Ken Lipenga leaves to attend International Monetary Fund (IMF)...

Finance Minister Ken Lipenga leaves today for Washington DC, United States of America to attend the spring meetings of the International Monetary Fund...

Banda must fix Malawi economy – Adviser

Joyce Banda, who marked her first week as Malawi's president Saturday, needs to shore up the country's economy, a former president said. Bakili Muluzi,...

Economist optimistic on economic recovery

A Lilongwe-based financial economist has said he expects the Malawi economic to take a quick turn to recovery on the bank of donor...

Joyce Banda’s business background offers hope to entrepreneurs

President Joyce Banda's entrepreneurship background has given hope to local small and medium scale entrepreneurs in the country who believe the president would...

Late Pres. Bingu Mutharika’s wealth – Part 1

(A) What hugely profitable beneficial trusts does Mutharika have (as allowed him by Section 88(4)) that have allowed him to accumulate such immense wealth...

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....

Ghana and Nigeria among world’s fastest growing economies in 2012/2013

The west African nations of Ghana and Nigeria are expected to be among the world’s fastest growing economies in 2012, according to an...

Malawi Stock Market Commentary

With Easter approaching the week opened and closed on a low with activity decreasing significantly both in terms of volume and turnover. Turnover...