Business

Govt rebuffs MPs on salary hike, but still gives them 28%

Malawi President Joyce Banda has turned down a Parliamentary Service Commission proposal to increase MPs basic pay by 137 percent. […]

Fragile forex reserves worry market analysts

Financial market analysts have expressed worry over the country’s thin forex reserves, currently at less than one month of import […]

Unilever Malawi to resume production

Unilever Malawi is expected to resume production any day this week. The company stopped production a couple of months ago […]

Kayelekera uranium deal not negotiable -Paladin

Paladin Energy Limited has warned the government against tampering with the Kayelekera uranium mining deal by way of renegotiation, saying […]

Malawi’s new law targeting Chinese traders in rural areas draws criticism

Legislation barring foreign business from trading outside four major cities branded xenophobic by civil rights organisations The move in Malawi […]

German pumps in K1.4 bn towards Malawi’s health sector

Malawi’s health system performance expects to improve following a boost of K1.4 billion from the German government. The joint financial […]

Clinton arrives in Malawi from Nairobi ‎

US Secretary of State Hillary Clinton arrived Sunday in the Malawian capital Lilongwe, becoming the first US chief diplomat to […]

Health hazard: Kanyika water highly contaminated with uranium

Selina Nyirongo balances a pail of water on her head, a daily chore for most women around Kanyika area, Traditional […]

British MPs question Joyce Banda decisions

Britain’s House of Commons International Development Committee has put in the spotlight some of Malawi President Joyce Banda’s decisions, including […]

Govt closes Asian shops in Lilongwe

Malawi government on Tuesday closed down four shops belonging to Malawians of Asian origin in the capital, Lilongwe for failing […]

IMF warns Malawi on donor aid dependency

The International Monetary Fund (IMF) has warned that unless Malawi weans itself off donor aid, the country faces an uncertain […]

Stock market gains momentum after Kwacha’s devaluation

A number of potential companies among other customers are making inquiries to list on the stock market following the devaluation […]

Malawi’s buying power improving – Analysts

Market analysts say the country’s foreign reserves are on their way to recovery owing to the resumption of the International […]

Reserve bank Governor Charles Chuka mocks banks

Reserve Bank of Malawi (RBM) Governor Charles Chuka has said he is puzzled at commercial banks’ insistence to lend money […]

Joyce Banda applaud IMF’s decision to award Malawi new loan

Malawi President Joyce Banda on Tuesday applauded the Executive Board of the International Monetary Fund (IMF) for approving a new […]

IMF Executive Board Approves New US$ 156.2 Million Extended Credit Facility Arrangement for Malawi

The Executive Board of the International Monetary Fund (IMF) today approved a new three-year arrangement for Malawi under the Extended […]

RBM Governor Charles Chuka, speaks out on economic recovery

Reserve Bank of Malawi (RBM) Governor Charles Chuka says political will and patience on the part of the masses will […]

Malawi aid champions Joyce Banda’s agenda

Erieka Bennett, head of the AU Diaspora Forum, says Malawi’s Joyce Banda represents the type of leadership that Africa needs […]