Business

TOBACCO SEASON IMPACTS FOREX SUPPLY

The foreign reserves situation has kept on improving since the opening of this year’s tobacco selling season on March 24th. […]

DECREASING TREASURY BILL INTEREST AFFECTS DEMAND

People’s curiousness to invest in Treasury bills is diminishing following the decreasing rates the investment category is fetching. Treasury bills […]

NATIONAL BANK POSTS K18 BILLION PROFIT

National Bank’s group pre-tax profit grew by 68% to reach the excess of K18.4 billion (2012: K11.0 billion). The shareholders […]

2014 GDP GROWTH ESTIMATES UNTRUE -EXPERTS

Financial institution, National Bank sees the 6.1% forecasted growth rate being revised much lower before the year ends. Government predicted […]

TAMA BLAST CALLS BY FUM ON TOBACCO

Tobacco Association Malawi (TAMA)  chief executive officer Graham Kunimba has quashed the call by Famers Union of Malawi(FUM)that Tobacco Companies […]

YOU ARE INVITED TO THE FIRST-EVER PAN AFRICAN BUSINESS EXPO IN LONDON THIS MONTH

 Since the onset of independence in African and Caribbean countries, citizens in those countries have been taking the back seat, […]

NO DIVIDENDS FOR NBS BANK SHAREHOLDERS REGARDLESS OF IT POSTING 168% PROFIT GROWTH.

Listed NBS Bank and its subsidiary, NBS Forex Bureau Limited reported profit before tax of MK2, 851 million in 2013 […]

TNM PUSHES UP MASI AT MSE

The Stock exchange’s Domestic Share Index has shot to 10006.83 points curtsey of the TNM’s rising share price.   The […]

High jet fuel costs threaten air transport sector in Malawi

High jet fuel costs in Malawi is a serious threat for the sustenance of air transport operations, representatives of the […]

WORLD BANK LOAN AWAITS PARLIAMENT-PAC

Governments’ indecisiveness may risk this country failing to get a multi-billion Malawi Kwacha loan from World Bank. Malawi is expected […]

ECONOMISTS, RBM DIFFER ON MONETARY POLICY PERFOMANCE

Former finance minister Friday Jumbe have branded as failed government’s monetary policies that were aimed at curbing the rise in […]

NO NEW TOBACCO BUYER AT THE AUCTION

There are same old seven buyers at the auction this season. This comes at a time when minister of agriculture […]

MALAWIAN AIRLINES OFFICIALLY LAUNCHED, WORRIED WITH HIGH FUEL PRICES

The recently launched airliner -Malawian Airlines has promised to strive for excellence although it has depicted high fuel prices as […]

MALAWI TO HAVE NEW CHILEKA AIRPORT

The government of Malawi  through Minister of Transport and Public works Ulemu Chilapondwa has said that plan to construct an […]

MALAWI TO HAVE NEW SHIP

Mota Engil Group through its water transport shipping arm Malawi Shipping Company has unveiled  a Malawi-soil-built ship, MV Chilembwe. The […]

TOBACCO SELLING SEASON ROLLS OUT

Her Excellence Dr Joyce Banda on Monday called on buyers to sustain better prices of Malawi’s green gold. She said […]

GROUP WANTS ECONOMIC EMPOWERMENT POLICY IMPLEMENTED

One of the local economic empowerment lobby groups –has expressed concern over government’s unwillingness to adopt the national economic empowerment […]

POLITICIANS’ ‘CASH-GATE’ CAMPAIGN TO PUSH INFLATION

Economists have warned that the declining inflation rate may rise again if authorities will not manage politicians’ cash splashes during […]