Thanks Ken, but it is not a Zero Deficit Budget!

The Honourable Minister of Finance, Mr Ken Kandodo on Friday, June 3, 2011 delivered the 2011/12 Fiscal Year budget. Like all people...

Govt reverses decision to introduce MK5,000 banknote

Government has cancelled plans to introduce a K5000 banknote following criticisms from all corners of country. Minister of Finance, Economic Planning and Development Goodall Gondwe...

Malawi could have become a failed state without devaluation

Historic relations between Great Britain and Malawi hit its lowest ebb when former President Bingu wa Mutharika expelled Her Majesty's top envoy in Lilongwe...

Malawi’s buying power improving – Analysts

Market analysts say the country’s foreign reserves are on their way to recovery owing to the resumption of the International Monetary Fund -...

Tobacco rakes in US$3 million

This year's tobacco marketing selling season has already seen the green leaf earning about US$3 million (about K398 million) in foreign exchange since its...

Climax of Ken Lipenga’s weak leadership

Ken Lipenga could be cementing his legacy as potentially one of the weakest finance ministers in Malawi’s history. The man of letters’ lack of backbone...

CHOOSING BETWEEN JAPANESE CAR IMPORTERS VS LOCAL CAR DEALER MARKETS

Factors that most vehicle buyers try to conclude is whether when they are buying it from a dealer or importing them from a private...

MUTHARIKA PLEADS WITH MAJOR TOBACCO BUYERS TO OFFER BETTER PRICE

President Peter Mutharika has appealed to Phillip Morris International (PMI) of USA to consider increasing their tobacco buying prices depending on the market forces...

NASME WANTS SMEs MINISTRY

The National Association of Small and Medium Entrepreneurs (NASME) has expressed the need for government to consider introducing a specific ministry responsible for promotion...

REAL REASON AID HAS BEEN WITHHELD IN MALAWI | Economist and...

The big question that needs to be asked is; are donors with holding aid because they are truly concerned about the well being...

Globe Metals & Mining progresses DFS for 60 million tonne niobium...

Globe Metals & Mining (ASX: GBE) is forging ahead with the Definitive Feasibility Study (DFS) at its Kanyika Niobium Project in Malawi, with...

Know the world richest black Man, Aliko Dangote: Manson, net worth

Aliko Dangote is the 67th richest person in the world and the richest in Africa with an estimated net worth of US$12.9 billion as...

AIRTEL ADMITS THAT LAST YEAR’S ECONOMIC MISFORTUNES AFFECTED ITS OPERATIONS

One of the country’s leading mobile service providers, Airtel Malawi says the country’s economic downturn last year has impacted its business. Airtel Malawi Public Relations...

Reserve Bank of Malawi governor warns on wage increases

Reserve Bank of Malawi (RBM) Governor Charles Chuka has warned against the implementation of wage increase as demanded by public servants, saying the...

Malawi Saves $10 Million Through Automatic Fuel Pricing System

The Malawi Government has said the country is saving over $10 million USD (MWK 4bn) by using the automatic fuel pricing mechanism. This according...

CHILEKA AIRPORT CLOSURE HEAVY BLOW TO MW AIRLINE

Malawian Airlines has said temporally closure of Chileka International Airport in Blantyre has heavily  affected the business of the company. Spokesperson for Malawian Airline, Maganizo...

MW TAKES PART AT COMMONWEALTH YOUTH FORUM

Senior government officials from commonwealth Countries in Africa including Malawi are  meeting in Lusaka,Zambia, from Wednesday 26 2014 to review priorities for the youth...

Meg Kajiyanike appointed deputy governor Reserve Bank of Malawi

Demonstrating her commitment towards empowering women through appointments into higher positions, President Joyce Banda has appointed Meg Kajiyanike as the new Reserve Bank of...