‘Devaluation only way to economic recovery’ – MCCCI defends govt

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has defended government's decision to devalue the kwacha, saying it is only way...

Why heavily spend forex on fertiliser for maize when it doesnt...

Blantyre –based business magnate Jimmy Korea Mpatsa has faulted the country's huge foreign exchange expenditure on fertilizer whose produce maize was not being...

Stop irritating Malawians and using the past for your defence, Kapito...

After high heat levels on the K308 million (about $1.1m) expenditure on the UN trip, State House looked to the past for defence,...

Malawi to get nearly $500 million in budget aid

Malawi's donors have pledged $496 million in budget support for the 2012/13 financial year, more than double pledges for the previous year's budget,...

IMF Calls for Patience on Economic Recovery

Amid rough economic times in Malawi, the International Monetary Fund on Monday pleaded for patience from Malawians to give the economic recovery plan...

‘I APPLIED FOR A DEED IN 2006’ -SMEs SAY FINANCIAL INSTITUTIONS...

Small and Medium Entrepreneurs in the country, have decried the lack of government commitment in improving their operating environment. The concern comes amid deteriorating interest...

TOBACCO EARNINGS HIT US$38 MILLION

As the Tobacco selling season for 2014 is in the firth Week, reports indicate that Malawi has earned over  US$38 million  easing the country's...

IMF happy with Malawi 2012 national budget

The International Monetary Fund (IMF) on Monday hailed Malawi’s 2012/13 K406 billion budget presented last Friday and describing it as pro-poor and business...

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...

NICO HOLDINGS IN TOURISM INVESTMENTS

By Steven Godfrey Mkweteza Nico holdings limited plc has unveiled its ambitious plans that will see it constructing a five star Hotel in the country’s...

Tension Between Minibus Operators and Passengers on New Hiked Prices and...

It still seems there is a disagreement between the minibus operators and passengers on minibus fares and number of people to be carried on...

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...

First ATM in the World Celebrates 50th Birthday (photos)

The world’s first ATM (Automated Teller Machine), a technology which brought transformation in the way people obtained and used cash, on June 27th, 2017,...

Ponderani appointed as new Budget Director

Government has appointed Mr Peterson Ponderani as the new Budget Director. Mr Ponderani replaces Mr Chauncy Simwaka who was promoted as Principal Secretary for Defence...

World Bank approves US$150 million to Malawi to support current reform...

The World Bank’s Board of Executive Directors approved US$150 million to Malawi to support the government with its current reform program to stabilize...

Find out if your car is a target for thieves

Drivers have been warned which cars are the biggest targets for thieves who are using modern technology such as relay boxes. The list of cars...

Capital hill havs alleged that some commercial banks are involved in...

Authorities at Capital hill have alleged that some commercial banks are involved in a forgery syndicate that has led to millions of kwacha’s being...

Malawi govt should learn from costly decisions

nce again, we are seeing poor decision-making by the government costing taxpayers hundreds of millions of kwacha in claims by those affected by...