Malawi economy to recover in a year, says IMF
The International Monetary Fund (IMF) says the economy would bounce back in a year’s time following the government’s economic reforms […]
Business
Tobacco farmers satisfied with devaluation
Tobacco farmers in Malawi have expressed satisfaction with the devaluation of the kwacha, describing it as a positive development. Speaking […]
Beware The IMF, Oh Malawi!
We know that territorial colonialism has almost ended. But a new colonialism of a more insidious and pervasive kind–economic colonization […]
Malawi optimistic on MCC’s US$350 million
The Malawi government has said power supply problems faced by the private sector will in the short run be a […]
Reserve Bank f Malawi’s statement on Kwacha devaluation
The Reserve Bank of Malawi (the Bank) has today 7 May 2012 devalued the Malawi kwacha exchange rate from K168 […]
Official Exchange Rates for 07-May-2012
Below is information we feel will be helpful in understanding the current official exchange rates. Should you require any further […]
Uranium pollutes water at Kanyika mine, posing a risk of kidney effections
Drinking water from boreholes around the proposed site of Kanyika nobium mine in Mzimba south is polluted with a high […]
Researchers back idea of Islamic banks in Malawi
As the concept of Islamic finance captivates the international market, a paper released by Malawian researchers has supported the idea […]
IMF programme to wait for 2012 budget
The International Monetary Fund (IMF) may wait until they see the 2012/2013 budget for Malawi before making a decision on […]
Illovo, Nico shares gain
The stock market last week saw two counters registering share price gains resulting in the upward movement of the Malawi […]
Paladin’s Kayerekera uranium mine output up with 15%
Production at Kayelekera Uranium Mine (KUM) in Karonga jumped 15 percent in the quarter ending March 2012 over the previous […]
Urban and rural inflation rates continue to rise
The year-on-year headline inflation for the country continued to rise for the month of March 2012. For the third month […]
Partnerships boost Globe Metals’ development of vital Health Post in Malawi
Globe Metals & Mining release an announcement to inform the market of its participation in the development of the Etandweni […]
Reserve Bank of Malawi angers local contractors
The awarding of a multi-million kwacha contract to a foreign contractor for curtain, walling and glazing of the Reserve Bank […]
Government to shelve Shire Zambezi project
The People’s Party (PP) led government has said it will put on the shelf the highly publicised Shire-Zambezi waterway project […]
Banks’ profits raise eyebrows
Despite the deteriorating economy and shrinking business opportunities in the country, most banks have raked in huge profits, a development […]
IMF predicts 5.4% economic growth for 2012
High commodity prices will buoy much of sub-Saharan Africa in 2012, but South Africa will continue to stumble due to […]
Pick n Pay to enter Malawi, DRC
South Africa’s No.2 food retailer, Pick n Pay, will enter Malawi and the Democratic Republic of Congo (DRC) in the […]