Govt justifies K1.6bn ministers’ cars purchase
Malawi finance authorities have defended the purchase of a new fleet of vehicles for cabinet ministers, describing the move as […]
Business
Insurance Industry in Malawi
Malawi has a small and growing insurance industry which encompasses a population of 16.63 million. It grew at a positive […]
Old Mutual premiums grow by 74%
The mandatory Pension Law enacted by parliament last year has began paying dividends for insurance companies such as Old Mutual […]
Government issues 100 exploration licences
Ministry of Mining says so far it has issued out almost 100 exclusive prospecting licences for mineral exploration in the […]
Malawi runaway inflation surges, now hovering at 40%
Malawi’s year-on-year inflation has continued its upward surge, hitting 37.9 percent in February, a 2.8 percentage point increase from 35.1 […]
Malawi ‘wobbles under Joyce Banda’
Almost a year after Joyce Banda rolled into office as Malawi’s first female president, analysts and activists are asking whether […]
AfDB Grants Malawi US $3.04 Million for Kholombidzo Power Feasibility Studies
The African Development Bank (AfDB) Group approved, on March 25, 2013, a grant amounting to US $3.04 million to finance […]
President Dr Joyce Banda Invites British Investors
We start by extending our heartfelt thanks to President Dr Joyce Banda for her personal interest in indentifying foreign direct […]
Tobacco rakes in US$3 million
This year’s tobacco marketing selling season has already seen the green leaf earning about US$3 million (about K398 million) in […]
Of David Cameron pledges and bad politics
A lot of celebration has been made out of financial pledges that Britain, through Prime Minister David Cameron, has made […]
Economic recovery will take longer – Nico Assets Managers
A local financial services firm has said Malawi’s economic recovery will take longer than projected but remains optimistic about the […]
Kwacha is still under control, says RBM Governor
Reserve Bank Governor, Charles Chuka , says the central bank has not lost grip of the exchange rate, claiming the […]
Malawi to receive 37 million pounds in UK aid
Malawi will receive £37 million in UK aid to help tackle HIV and boost the supply of vital medication, Justine […]
World Bank to support Malawi financial system
Malawi and the World Bank have signed an agreement which will see the bank contributing towards the setting up of […]
EU’s planned tobacco curbs break WTO rules, Malawi says
The European Union’s plans for tough new anti-smoking rules would break international trade rules, Malawi has told the World Trade […]
Govt depletes pay out budget
Malawi Government has depleted the K1.1 billion (about $3.06 million) budget for compensations in the 2012/13 fiscal year. According to […]
French firm claims US$100m from Malawi govt
Secucom International, a security products and systems company from France, says the Malawi government owes it close to US$100 million […]
WHO anti-smoking campaign worries Malawi leader
Malawi President Joyce Banda has faulted the World Health Organisation’s (WHO) campaign to stop people from smoking cigarettes, saying it […]