Business

We underestimated reforms impact, says Joyce Banda

Malawi President Joyce Banda has told the IMF that her administration underestimated the impact of economic reforms currently being implemented […]

Chikaonda faults govt over cost-cutting measures

Press Corporation Limited (PCL) chief executive officer Mathews Chikaonda has criticised the government of President Joyce Banda for not showing […]

Kwacha down by 107% since May

The Malawi kwacha exchange rate to the United States dollar closed the year 2012 at an average price of K346, […]

Ex Miners want to meet JB over pension, benefits

About 10,000 Malawian miners who worked in South Africa want President Mrs. Joyce Banda to intervene in their quest to […]

Joyce Banda vows not to declare her assets

President Joyce Banda indicated yesterday she will not declare her assets now. This is a direct response to the long […]

State House blows $7.9 million annual budget in 5 months

State House has blown its 2012/13 annual budget less than five months into the financial year even as priority sectors […]

Australian firm invests in mining

An Australian company has applied for a coal-mining licence and further plans to invest in thermal power generating plants. Mining […]

Malawi’s economy to recover in 11 months, says govt

Economic Planning Minister Goodall Gondwe says he is confident the local economy will recover in the next 11 months. Gondwe […]

Kwacha floatation hurts workers—MCTU

The floatation of the Kwacha has made most workers in the country poorer, the Malawi Congress of Trade Unions (MCTU) […]

NGOs to audit Paladin CSR

SOME civil society organisations have said they will conduct an audit of what Paladin Africa Limited (PAL), miners of uranium […]

Cost of living in Malawi continues to soar

Cost of living in Malawi’s cities is still rising and enormously affecting consumers, according to the Centre for Social Concern […]

Malawians celebrate Christmas amid economic hustles

Most Malawians are spending cautiously during this year’s festive season as they continue to face the rise in the cost […]

Forex bills were underestimated – Ministry of Finance

The Ministry o f Finance has said the country’s outstanding foreign currency arrears accumulated due to lack of foreign currency […]

Mulli sailing in troubled financial waters, claims govt is squeezing it hard

Local business conglomerate MBL Holdings owned by Mulli Brothers has admitted it is currently sailing in troubled financial waters, alleging […]

Inflation hits 33.3%

Malawians will tomorrow join the rest of the world in celebrating Christmas, the birth of Jesus Christ, a man Christians […]

Malawi cabinet finally recommends to sell presidential jet

Malawi’s cabinet committee tasked to handle the fate of the controversial presidential jet has finally recommended selling the aircraft and […]

Malawi should have proper national priorities

Amidst the spectre of hunger afflicting over 1.6million of our citizens, recurring shortages of fuel and forex, we as a […]

World Food Programme, Mw govt and Airtel join hands to address food shortages in Malawi

The United Nations World Food Programme (WFP) has joined forces with the Government of Malawi and mobile telecommunications company Airtel […]