Business

Malawi to get nearly $500 million in budget aid

Malawi’s donors have pledged $496 million in budget support for the 2012/13 financial year, more than double pledges for the […]

Donor bailout awaits approval

President Joyce Banda has said Malawians should wait a little longer for the donor community to release money for cushioning […]

President Joyce Banda and Malawi’s Economic Development

Joyce Banda, Malawi’s new president, is off to a great start. I cheered when she assumed the top job in […]

EU pumps $56 million into Rural Infrastructure Development

Head of European Commission to Malawi, Alexander Baum, has announced that the European Union will pump more money into the […]

Obama unveils US Africa strategy

The White House has announced a new US strategy for sub-Saharan Africa, which focuses on the continent’s economic potential. It […]

IMF happy with Malawi 2012 national budget

The International Monetary Fund (IMF) on Monday hailed Malawi’s 2012/13 K406 billion budget presented last Friday and describing it as […]

Malawi ‘Recovery’ Budget Too Little Too Late, Critics Say

Economic commentators in Malawi said President Joyce Banda’s first national budget, presented to Malawi’s parliament Friday, gives the country’s poor […]

Lynas Corporation Limited assessing Malawi High Court decision on Kangankunde Rare Earths

Lynas Corporation Limited (“Lynas”) (ASX:LYC, OTC:LYSDY) is currently assessing a recent decision of the Malawi High Court that may affect […]

Funds raised by Joyce So far

Donor                                                 Amount World bank                                  […]

Malawi’s dramatic turn of events: Enough to lift MCC suspension?

By Sarah Jane Staats (Center for Global Development) The Millennium Challenge Corporation (MCC) board of directors suspended Malawi’s $350 million […]

Malawi aid effort comes from the heart of Scotland

By Michael MacLeod With cuts biting hard into frontline services, finances in Scotland’s public sector have rarely been so stretched. […]

Exit ‘zero deficit’ enter national ‘recovery’ budget

Finance Minister Ken Lipenga on Friday tabled a K406 billion (about $1.6 billion) 2012/13 national budget which, although it provides […]

Why Britain and Banda should do business

The International Development Secretary has concluded a three-day visit to Malawi, a fortnight after the Government announced that Britain will […]

Joyce Banda visiting Britain and the United States of America

President Joyce Banda has said she will take advantage of her trip to the United Kingdom to speak with other […]

Govt bans cotton seed exports as prices plunge

The Ministry of Industry and Trade has with immediate effect banned the exportation of cotton seed. The ban however does […]

British aid not tied to gay rights

The British government has denied legalising gay relationships is a precondition that it has set for Malawi to be a […]

Illovo Sugar Group earnings up with 31%

South Africa’s Illovo Sugar Group Limited on Monday released its financial results for 2011, posting a 31 percent operating profit […]

Britain to buy £20 million of Malawian currency

Britain is to buy up to £20 million worth of Malawian currency to help stabilise the African state’s economy following […]