Business

Kayelekera to lay off 300

Once a beacon of hope in the mining sector in Malawi, now it is approaching its ruins. Reports from the […]

MALAWI TO MISS INITIAL BENEFITS OF GLOBAL ECONOMIC RECOVERY

Financial market analysts say –Malawi will not, anytime soon, feel the impacts of world economic recovery as it does not […]

NICO SUBSIDIARIES’ SEARCH FOR STRATEGIC PARTNERS CONTINUES

As the search for investment partners in NICO holdings limited’s subsidiaries continues, the group has cautioned share holders that the […]

MALAWIAN AIRLINES FLIGHT LAUNCH NOT PROMISSING – Expart

Former air Malawi chief executive officer Jimmy Korea Mpatsa has described Malawian airlines’ flights launch as below expectations and not […]

MRA COLLECTED MORE THAN REQUIRED IN DECEMBER

The tax collecting body -Malawi Revenue Authority MRA continued beating the record in its monthly collections and in December it […]

“IMF’s verdict on you doesn’t bother us,” says donors under CABS.

Malawi’s donors under the Common Approach to Budgetary Support (CABS) have indicated that they are not yet willing to lift […]

Airtel to wrap up Tipate with MK 10 million grand prize

The Airtel Tipate promotion is yet to be done distributing millions and in this last month of the competition it […]

Rate at which Malawi Kwacha has been depreciating against the U$ since 1985

How the Malawi Kwacha has been depreciating against the US Dollar over the past 30 years! These rates are from […]

MALAWI’S ECONOMY IN 2013

The Monetary Policy Committee –MPC that met 8 times between June 2012-July 2013 had raised the bank rate to 25 […]

NAMPACK HEADS ON AFTER RE-BRANDING

One of the country’s leading packaging companies has described as exciting the market response it has gotten since its name-change. […]

IFMS BACK ON TRACK

  Government announced a total switch of the once suspended Integrated Financial Management system –IFMS –following the submission of user […]

2013 WAS TOUGH IN DOING BUSINESS –SAYS IBAM

  The Indigenous Business Association of Malawi-IBAM has described the 2013 business environment as one of the worst. It was […]

Blantyre Hotels Limited REVENUE GREW in 2013 –Thanks for Ryalls Hotel positive performance

The Malawi Stock Exchange listed Blantyre Hotels Limited has started reaping from recent investments it made at its Ryalls Hotel. […]

Malawi’s Stock Market Ranked No 1 in Africa in 2013 with 108.31% return on investment

FORTUNES ENGULF MSE IN 2013 Ranked No 1 in Africa during the year The Malawi Stock Exchange MSE was a […]

CASH DEPOSIT FACILITY PILOT PROJECT SUCCESSFUL- The Malawi Savings Bank (MSB)

The Malawi Savings Bank MSB introduced the first cash deposit facility in the country and officials say its pilot has […]

Malawians should expect bright future in two to three years – EEAG

The Economic Empowerment Action Group-EEAG has predicted that the local economy will normalize later in the year after the tripartite […]

FDH BANK NOW HAS 100% MALAWIAN SHAREHOLDERS

FDH holdings Limited bought the shares that were owned by South African investors after the local authorities disqualified them from […]

“Forget the forensic audit report into Cashgate looting, it wasn’t for you,” govt. says.

Maybe we are illiterate, maybe it is in the same spirit that the President said that most of her cabinet […]