Muslim traders accused of favoring Christian celebrations in Malawi
In Malawi, some Muslims are complaining that Muslim traders tend to reduce the price of goods for Christmas festivities, but […]
Business
Malawi gold exploration project producing ‘encouraging results’
Africa-focused mining group South East African Mining says its gold exploration project in northern Malawi is producing encouraging results. The […]
Malawians expects a lot from Joyce Banda
The barrage of criticism that President Joyce Banda has been receiving over the past months may have left her wondering […]
Ban on rare earth exploration worries Japan
Japanese ambassador to Malawi Fujio Samukawa says he is concerned with disagreements that have led to the stalling of the […]
Malawi could have become a failed state without devaluation
Historic relations between Great Britain and Malawi hit its lowest ebb when former President Bingu wa Mutharika expelled Her Majesty’s […]
EU releases K17bn budget support
The European Union (EU) has released K 17 billion as budgetary support to Malawi. This is the first tranche of […]
Govt cuts spending on travel and assets
Government has introduced nine expenditure control measures among them the suspension of all government funded external travel and procurement of […]
Expert slams bank rate hike
An economic expert from Chancellor College has slammed last week’s decision by Reserve Bank of Malawi (RBM) to hike the […]
Rising interest rates to fuel defaults
Investment management and advisory firm, Nico Asset Managers says the high costs of borrowing triggered by last week’s upward adjustment […]
Court stops Springstone Limited from rare earth exploration
The High Court in Blantyre has granted an injunction to some concerned citizens, stopping a mining company, Springstone Limited, and […]
Malawi should remain on course with reforms
It is pleasing to learn that one of the country’s major bilateral donor, Britain, has resuming aid to Malawi almost […]
State House backtracks on Joyce Banda’s salary
The State House has backtracked on its earlier confirmation that President Joyce Banda was yet to start honouring her salary […]
Ethiopian Airlines, ComAir among 11 firms expressing interest in Air Malawi
Malawi’s Privatisation Commission says it has received expressions of interest from 11 local and foreign companies vying to take over […]
Germany gives Malawi €5 million for Budget Support
Germany has finally released €5 million of budget support to Malawi that was previously held back and a further €3.5 […]
Press Cooperation Limited increases stake in PTC, rebrands to Peoples metro
The management of Press Cooperation Limited (PCL) says it has taken over full operations of PTC shops in the country […]
Malawi president too powerful – Ecama
Economics Association of Malawi (Ecama) wants Presidential mandate of appointing Governor of Reserve Bank of Malawi (RBM) and head of […]
Malawi raises bank rate to 400 basic points to stabilize kwacha, stem inflation
The central bank of Malawi raised its benchmark bank rate by 400 basis points to 25.0 percent in an “urgent […]
Joint Venture partners scaling up exploration for rare earths at Malawi prospect
ASX-listed Globe Metals & Mining and its joint venture (JV) partner, Resource Star, are scaling up exploration for rare-earth elements […]