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, […]
Business
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 […]
World Bank upbeat on budget support, economic recovery
The World Bank, one of Malawi’s leading development partners, has justified the delay in budget support disbursement by other donors, […]
UK to review its aid to Malawi
Britain intends to review its budget support to Malawi before the end of this year, Sarah Sanyahumbi, head of Britain’s […]
Economists back JB’s bloated entourage to UN
The 308 million kwacha UN assembly trip by President Joyce Banda and her 33 member entourage is receiving support from […]
Malawi’s Economy Recovery Plan(ERP)
Presidential Statement When I took over the office of the President of the Republic of Malawi, on April 7th, 2012, […]
World Bank supports power interconnection
The World Bank has clarified that it remains in strong support of Malawi connecting to the regional power pool as […]
Don’t expect rescue package – EU tells Malawi
The EU’s ambassador to Malawi on Friday called on Malawi to put its house in order, warning it should not […]
Government considers fixing Kwacha
The Joyce Banda administration is contemplating reverting to a managed exchange rate regime as a way of containing runaway imported […]
JB meets investors at UN Assembly
Malawi President Joyce Banda has utilized her trip to the United Nations general assembly to attract potential investors and world […]