Business

Malawi reports upsurge in exploration as economic crisis wanes

The Malawi government says mineral exploration in the country by local and international companies is gathering pace after slowing down […]

Britain gives Malawi £20 million emergency funds

Britain will give Malawi £20 million ($32 million, 25 million euro) in “emergency budget support” to boost social schemes in […]

African Development Bank commits US$3 million for Shire-Zambezi water way project

African Development Bank ADB has committed US$ 3.1 million to fund feasibility study for the Shire Zambezi water way project […]

RBM drills lending officers on Basel II

The Reserve Bank of Malawi (RBM) is equipping commercial bank staff responsible for credit and operational risk management on how […]

France cancels Malawi’s €11 million debt

France has wiped off Malawi’s remaining debt with the unpaid money to be re-directed towards a jointly funded mining based […]

UK to resume funding ACB

Britain says it is ready to resume financial aid to the Anti-Corruption Bureau (ACB) following the appointment of the graft […]

JB allays fears over fuel

…says PTA Bank to provide US$250m credit …assures supplies will normalise Dec-April President Joyce Banda says fuel supplies will normalise […]

Malawi Economy: More questions than answers

It appears the honeymoon is over. People have started asking the PP led government tough questions and are expecting satisfactory […]

Malawi runaway headline inflation hits 30%

Malawi’s year-on-year headline inflation for October jumped 2.3 percentage points to 30.6 percent on the back of volatile food and […]

Malawi debt hits 54% of GDP

The massive devaluation and subsequent depreciation of the kwacha has resulted in the country’s total debt stock swelling to 54 […]

Malawi economy under stagflation

The local economy is going through a stagflation process, which is a condition of slow economic growth and relatively high […]

EU warns govt on spending

The European Union in Malawi has urged the government to make responsible decisions that are not hard to explain and […]

Finance Bank re-opening in Malawi hangs in balance due to past money laundering record

In May this year, Finance Bank Zambia owner Rajan Mahtani announced that he will re-open his branches in Malawi which […]

Malawians want Goodall as next Finance Minister

If Ministers of Finance were to be popularly elected and voting took place today, Mzimba North Member of Parliament Goodall […]

Well done on Air Malawi

News that Capital Hill has finally come to its senses to liquidate national flag carrier, Air Malawi, and form another […]

EU to give Malawi K40 billion

The European Union is today, expected to give Malawi €98 million (about K40 billion) aimed at stabilising the ailing economy […]

SA equipment firm in Malawi coal-mine deal

South African supplier of engineering equipment Barloworld has entered into a contract with Malawian coal firm Mchenga Coal Mines to […]

Malawi grants UK firm 
pyrite exploration licence

UK mineral exploration and development group Lisungwe Mineral Resources has ?acquired a licence entitling it to explore for pyrite at […]