Business

AfDB African Economic Outlook

The country’s Field Office of the African Development Bank (AfDB) launched the 2012 African Economic Outlook (AEO) report in Malawi […]

Economic future in government hands

All of us have a role to play in the economic recovery process of the country but the largest responsibility […]

Malawi external debt hits US$1.1 billion

Malawi’s Ministry of Finance says the country’s debt levels have reached US$1.1 billion in July this year as the rate […]

IMF cuts 2012 Africa growth forecast

The International Monetary Fund on Tuesday cut its 2012 forecast for Africa along with most other countries around the world […]

JB calls for patience on economic recovery

President Joyce Banda has asked Malawians to be patient as she is doing everything possible to turn around the country’s […]

Joyce Banda denies causing economic hardships

President Joyce Banda has said her government is not responsible for the economic hardships that Malawians going through at the […]

Malawi economy close to recession

Reserve Bank of Malawi (RBM) Governor Charles Chuka has disclosed that the Malawi economy is expected to shrink further this […]

Donors yet to release K7.1 billion in grants

Malawi’s donors are yet to release about K7.1 billion (about $23.7 million) in dedicated grants for the first quarter of […]

Malawi Stock Market Commentary – Week Ending October 5, 2012

Turnover increased to MWK 84.4m from MWK 5.6m registered last week. Active counters during the week were OML (MWK 600, […]

JB orders Min. of Local Govt to facilitate registration of Lilongwe Vendors Association.

President Mrs Joyce Banda has directed the Ministry of Local Government to facilitate the registration of Lilongwe Vendors Association. The […]

Bingu wa Mutharika’s regime to blame for slowing of Malawi economy, key donors say

Malawi’s economic performance has slowed down way below the earlier projection of 4.3 percent, Finance Minister Ken Lipenga acknowledged on […]

Malawi embassies in Mozambique & South Africa overspending – National Audit Office report

A National Audit Office report has faulted Malawi embassies in Mozambique and South Africa for overspending with about K1.2 billion. […]

‘Kwacha’s fall will be limited’ – Reserve Bank of Malawi

Reserve Bank of Malawi (RBM) Governor Charles Chuka has said the continued depreciation of the Malawi kwacha will eventually reach […]

Cutting of presidency salaries not enough- Kapito

A consumer rights activist says reducing the salaries of President Joyce Banda and Vice president Khumbo Kachali is meaningless, if […]

IMF Calls for Patience on Economic Recovery

Amid rough economic times in Malawi, the International Monetary Fund on Monday pleaded for patience from Malawians to give the […]

IMF affirms donors fulfilled pledges to Malawi

Representatives of the International Monetary Fund (IMF) have affirmed that the donors have fulfilled pledges they made towards assisting the […]

Stop irritating Malawians and using the past for your defence, Kapito tells govt

After high heat levels on the K308 million (about $1.1m) expenditure on the UN trip, State House looked to the […]

President Joyce Banda and her vice Khumbo Kachali to take 30% salary cut

Malawi President Joyce Banda and Vice President Khumbo Kachali on Friday voluntarily cut down their salaries by 30 percent as […]