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 […]
Business
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 […]
Simama tussles with Mulli over National Bus Company
Businessman cum Man of God, Bishop Abraham Simama, is alleged to have taken to task head of the Mulli Brothers […]
Road Traffic directorate stops handling car ownership transfer over Cash gate
The Malawi Road Traffic Directorate has suspended all its dealings in transferring ownership of cars from a person to another […]
Man arrested for dragging President Banda’s name in the mud
Dedza Police Station is keeping a man in its custody for allegedly giving false information implicating state President Joyce Banda […]
I’m worth $60 Million – Prophet Angel
Spirit Embassy founder Prophet Uebert Angel says he is worth US$60 million and insists that his fortune is from his […]
Zambia threatens to shut down Shoprite
Zambia threatened to shut Shoprite stores on Thursday, a move that could tarnish its image as an investor-friendly frontier market, […]