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IMF assess utilization progress of $20m loan to Malawi

A team from the International Monetary Fund (IMF) is in Malawi to assess how the country used a US$20 million loan released by the international financial...

RBM GOVERNOR URGES MALAWIANS NOT TO PUSH THE GOVERNMENT TO SPEND...

Reserve Bank of Malawi (RBM) governor Charles Chuka has warned Malawians against forcing government to spend beyond its means. Chuka was speaking in Blantyre during...

Malawi Economy 2014: Recent developments and prospects

Malawi is emerging from two consecutive years of a slowdown in growth caused by exogenous shocks, exacerbated by slippage in macroeconomic policies and suspension...

Industrialization and global Value chains in Malawi

Malawi’s economy is highly undiversified, rendering it vulnerable to exogenous shocks. The export basket consists mainly of primary commodities. The main export commodity is tobacco,...

Zimbabwe miners to pay 80% wage increase

Zimbabwe mining companies – which include units of Anglo Platinum, Impala Platinum and Caledonia Mining – are to award a wage increase of just...

REAL ESTATE INVESTING IN MALAWI

Investing in Real Estate has always been a wise and solid decision as far as investment portfolios are concerned. The stability, over time, of...

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...

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...

Zimbabwe doubles bread price as economic woes mount

The price of bread nearly doubled in Zimbabwe on Tuesday, another burden for citizens already struggling with a weakening currency and rising...

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...

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...

MULTI-BILLION DOLLAR AFRICAN HAIR

Rising incomes around the continent as well as a surge in demands from hair concious women has seen a boom in the hair-related business...

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...

International Rotary chairperson visits Malawi

Chairperson of the United States-based Rotary Foundation, John Kenny is visiting Malawi to assess some of the projects supported by his organisation.Speaking on arrival...

STRIKES INVOLVING STAFF IN PUBLIC SERVICE INSTITUTIONS CRIPPLING ECONOMIC GROWTH

One economic analyst has cautioned government that operations could be crippled leading to slow economic growth if strikes involving staff in public service institutions...

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...

Malawi gets a boost from the World Bank to strengthen social...

The World Bank and Malawi on Wednesday signed two loan agreements valued at MK34 billion (about US$83.8 million) aimed at strengthening the social safety...

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...