Business

2013 economic downturn, Mega South African shops start closing down in Malawi

Malawi’s economy is plunging, if on the face it can manage to pretend then the reality on the ground is […]

After the war-torn C.A.R, Malawi is the second worst economy

The Economic Recovery Plan has failed, Zimbabwe is better than us, Somalia is even something we should look at with […]

Telekom Networks Malawi (MSE:TNM) FORECASTS 200% GROWTH IN PROFIT

Telekom Networks Malawi–TNM has forecasted a profit after tax of 200% higher than it made last year. This means that […]

CASHGATE NEGATIVELY AFFECTS MRA’s TAX COLLECTIONS

Analysts attribute it to effects of cash gate The Malawi Revenue Authority –MRA’s TAX collections have dropped by 26% in […]

MALAWI STOCK EXCHANGE: MONTHLY TRADING REPORT OCTOBER 2013

The Market registered a monthly return on index of 15.22%(9.02% in US Dollar terms) to close the month of October […]

IMF HOPES FOR POSITIVE DONOR REACTION TOWARDS GOVT EFFORTS TO RESOLVE CASHGATE

The International Monetary Fund IMF has expressed hope that the donor community will return to Malawi as soon as government […]

Reserve Bank Of Malawi Sees Financial Literacy Week As Opportunity To Boost Bankable Population

The ongoing Financial Literacy Week, first of its kind in the country, which is running under the theme; Promoting Financial […]

Malawi Tax Rate On The Rise – PWC & World Bank Report

PricewaterhouseCoopers (PWC) and the World Bank have attributed the increase in the country’s total tax rate in the last year […]

MWK – Malawian Kwacha Exchange Rates 10 Dec 2013

This is a snapshot of today’s exchange rates as quoted on international currency markets. The Malawi Kwacha exchange rate values […]

Malawi (MWK) To Stabilize – Malawi Finance Minister

Speaking on his arrival from Brussels Belgium, Malawi’s Minister of Finance Dr. Maxwell Mkwezalamba has assured the public that the […]

The Agricultural Commodity Exchange for Africa (ACE) Issuing Forward Contracts

The Agricultural Commodity Exchange for Africa (ACE) has issued the first guaranteed forward contracts. Buyers are guaranteed to receive the […]

A Good Friend: Japan still on Malawi’s side

Japan has been described as a country that remains a key strategic development partner for Malawi since the establishment of […]

Nico General sees 50% jump in 2013 business

NICO General Insurance Company says it expects growth of its business to register a 50% jump by December 21, 2013. […]

Malawi’s banked population continues to grow

A report by the Reserve Bank of Malawi (RBM) has shown that the number of Malawians with access to banking […]

Tobacco Export Firms Likely To Earn US$600 million

The Tobacco Control Commission (TCC) says merchants could earn as much as US$600 million from tobacco which they bought from […]

NBM profits forecast to rise by 40%

In compliance with the listing requirements of the Malawi Stock Exchange (MSE), National Bank of Malawi (NBM) has released a […]

Internet Could Contribute U$300bn to Africa’s GDP by 2025 – McKinsey Report

According to a recent report from global consulting firm McKinsey, internet use in Africa is on the rise. Even though […]

Cu Ton Company LTD sets up cotton seed multiplication plant in Malawi

Cotton farmers can now locally source affordable modern and certified cotton seeds following the coming of cotton seed multiplication technology […]