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 […]
Business
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 […]
MWK down 7% against GBP in November
As the local economy’s lean period continues, the local currency (MWK) has certainly failed against other currencies –losing 7 percent […]
INVESTMENT OPPORTUNITY FOR MALAWI BASED SMEs
Reputable Small and medium Entrepreneurs stand to benefit from United States based entrepreneurs who have expressed interest to invest in […]
Malawi Saves $10 Million Through Automatic Fuel Pricing System
The Malawi Government has said the country is saving over $10 million USD (MWK 4bn) by using the automatic fuel […]
Katsonga’s response to information minister faulting of donors
Minister Of Information BJ “New Chitsulo Cha Njanji” Mpinganjila Malawi’s Minister of Information and a senior member in Her Excellency […]
Statement at the conclusion of an IMF mission to Malawi
Press Release No. 13/458 November 20, 2013 A team from the International Monetary Fund (IMF), led by Mr. Tsidi Tsikata, […]
Police crack down on forex parallel markets
Fiscal police have today gone on a crackdown on forex parallel markets, weeks after donors froze their aid and a […]
RBM says Malawi should brace for tough economic times
There is a gloomy sky ahead of us, that is the message that Reserve Bank of Malawi governor, Charles Chuka, […]
JB remains defiant on travels
President Joyce Banda yesterday remained defiant on cutting her travels as per advice of her Finance Minister technocrat, Maxwell Mkwezalamba. […]
Chuka snubs PAC on resignation
Reserve Bank of Malawi governor, Charles Chuka, has told the Parliamentary Accounts Committee (PAC) which called for his resignation a […]
JB slams Finance Minister Mkwezalamba’s austerity measures
President Joyce Banda has come out flat out declaring war against her own technocrat finance minister, Maxwell Mkwezalamba, and the […]
Finance Minister suspends local and foreign travels of public servants including JB
Finance Minister, Maxwell Mkwezalamba, has announced today that with immediate effect government has suspended all trips of public servants including […]
US to join in suspension of aid to Malawi despite Ambassador’s assurances
Reports indicate that the United States of America will be closing its taps of aid to Malawi in the light […]
Tough times ahead as donor partners freeze aid
Malawi’s donor partners under the Common Approach to Budgetary Support (CABS) have frozen direct budgetary support with immediate effect in […]