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Govt to audit road projects

Roads authorities are calling for bids from potential consultants to conduct an audit exercise on all government funded road projects that run in the...

IMF Staff concludes review mission in Malawi

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this...

Govt told to impress tax payers not donors

Development partners under the Common Approach to Budgetary Support (CABS) have advised the Malawi government to work towards impressing tax payers who contribute 60...

Top 20 Presidential State Cars in the World 2015 | Cars265.com

Presidential State Cars A state car is a car that is used to transport a head of state. State cars are also used occasionally to...

Illovo Malawi locked in a dispute with farmers over land

Illovo Malawi is locked in a dispute with farmers who claim it has occupied their land for decades. For 35 years now, more than 400...

Tobacco sales at Mzuzu Auction Floors disrupted by angry farmers

Drama characterized the sales of Tobacco at Mzuzu Auction Floors on Thursday which happened to be the second day of the market as farmers...

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...

Malawi speaking to International Monetary Fund to resolve budget deficit

Malawi has approached the International Monetary Fund to bankroll its budget deficit. The country recently passed a zero aid budget of 1.8 billion dollars,...

Malawi govt formulates 2014-2015 national budget without donor aid

The Malawi government has started working on the 2014-2015 national budget that does not encompass direct budget support from the donors, according to Finance...

KWACHA DEPRECIATION WORRY MALAWIANS

Malawians are to embrace tough times following the depreciation of the kwacha .The kwacha is trading at about k530 to dollar in some of...

World Bank and Malawi inks two loan deals, worth MK34 Billion

Two loan deals, worth MK34 billion (about US$83.8 million) has been inked by the World Bank and Malawi, aimed at toughening the social safety net and skills development. The...

Statement at the Conclusion of an IMF Mission to Malawi –...

A team from the International Monetary Fund (IMF), led by Mr. Tsidi Tsikata, visited Lilongwe from July 7 to 15, 2014 to review recent...

MALAWI KWACHA NOW SELLING AT 595 AGAINST DOLLAR

Malawians should brace for more tough times ahead following the continued depreciation of the Kwacha against major foreign currencies. According to foreign exchange bureau rates...

Reserve Bank of Malawi confirms the return of Zambian Finance Bank

The Reserve Bank of Malawi (RBM) says the newly-licensed New Finance Bank will operate under a normal regulatory framework and there is no need...

JB’S SON, ROY, DECLARES WAR ON BAKER TILLY FOR BEING IMPLICATED...

Former President Joyce Banda's son who also happens to be the Member of Parliament for Zomba Malosa Constituency, Akajuwe Roy Kachale, has spat fire...

Standard Bank report confirms strong growth in Africa’s rising middle class...

Africa has experienced substantial growth in its middle class over the past 14 years, according to a study by Standard Bank (http://www.standardbank.com). The report, entitled...

FDH Bank partners Airtel on eMoney

FDH Bank has partnered Airtel Malawi in creating technology platform called FDH eMoney which will allow the bank’s customers transact using their e-value and...

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...