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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...

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...

Malawi inflation rate at 22.3%

Malawi consumer inflation braked to 22.3 percent year-on-year in July, its slowest since October last year and compared with 22.5 percent in June, the...

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...

TOBACCO EARNINGS PREDICTED TO DROP THIS YEAR

Tobacco growers have predicted that earnings from the country’s tobacco might decline this year compared to the last growing season, if prices remain unstable...

FOREX AND FUEL ESSENTIAL FOR ECONOMIC GROWTH IN MALAWI SAYS IMF

The International Monetary Fund (IMF) has exclaimed that the availability of foreign exchange and fuel is important for the realization of economic growth as...

US$10 MILLION CREDIT SCHEME HAS BEEN INITIATED IN THE COUNTRY TO...

A new enterprise support fund has been launched in Malawi through a partnership involving some South African investors as well as the World Bank’s...

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...

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...

GOODALL TELLS MALAWIANS TO BRACE FOR A POSSIBLE ZERO DEFICIT BUDGET

New finance minister, Goodall Gondwe, has told the nation that they should not just be thinking of donor aid but as well as think...

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...

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...

FDH Bank’s Zatheka account promo hits 300 customers

FDH bank customers continue to open accounts with the bank through the Zatheka promotion with more than 300 of them qualifying for the fourth...

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...

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...