Business

Anger in Malawi as President spends millions to change portraits

Malawi government has been criticised for its move to start printing new portraits for President Joyce Banda this month to […]

Govt pays up K24bn fuel arrears

Malawi government through Mera, has squared the K24 billion debt it owed fuel companies, raising hopes that the price of […]

Malawi to spend millions to put ‘Dr’ on President Banda’s portraits

Malawi government will from this month start printing new portraits for President Joyce Banda to accommodate her new doctorate title, […]

Rising external debt worries Reserve Bank

The Reserve Bank of Malawi (RBM) says the supersonic speed at which the country’s external debt grew after April 2012 […]

Malawi banks risk shrinking forex business

Malawi’s commercial banks are risking a reduction in foreign exchange business due to the prevailing global liquidity shortages, the Reserve […]

MRA fails to meet December targets, but no cooking the books this time

Malawi Revenue Authority (MRA) in December failed to meet its targets in income and profits tax, value added and excise […]

Are small businesses the main victims of the devaluation in Malawi?

There have been many complaints among citizen of Malawi; especially those who operate small scale businesses due to the effects […]

Malawi Parliament spends K14m on Katopola’s hired car

Malawi’s National Assembly has so far paid over K14 million (about $38 889) hiring a vehicle for Clerk of Parliament […]

World Bank approves $695 million 5-year assistance strategy for Malawi

The World Bank board of executive directors has approved a new five-year Country Assistance Strategy (CAS) for Malawi with a […]

Médecins Sans Frontières assists in flood-affected areas in Malawi and other Southern African countries

Heavy rains in the eastern part of Southern Africa lead to flooding in the area of the Limpopo River last […]

Joyce Banda lied that economy would recover in 18 months

President Joyce Banda is not an economist. She also has never managed anything that gave her knowledge or experience of […]

Flood victims to receive additional farm inputs

The government is to distribute additional farm inputs to farmers, whose crops were destroyed by floods that hit ten districts […]

‘Malawians run government childishly’ says socio-economic commentator Kachaje

One of the country’s socio-economic commentators has accused authorities of running government childishly by, among other things, underrating the power […]

Kwacha weakens to its lowest since 1993

Malawi’s kwacha, the worst- performing currency this year, dropped to its lowest in almost a decade as the Southern African […]

Experts doubt ERP success

ECONOMIC experts have expressed doubts that the Economic Recovery Plan (ERP), instituted by the Joyce Banda administration last year to […]

Float Salaries, Kabwila Blasts JB on Crumbling Economy

Malawi’s vocal academic freedom and human rights activist Jessie Kabwila has mockingly asked the government to also float people’s salaries […]

UK Calls for Patience on Economic Reforms

As the majority of Malawians still feel the pinch of the economic reforms President Joyce Banda’s administration has adopted, Britain […]

EU cautions Malawi on mining

The European Union (EU) has advised Malawi that sound governance, regulations and appropriate taxation measures are key if the country […]