Business

Devaluation to boost sugar exports – Illovo

Illovo Sugar Malawi Limited has said the devaluation of the kwacha will boost sugar exports apart from restoring growth and […]

UK resumes funding to Malawi

The U.K. Department for International Development is reviving its budget support to the Malawian government after rerouting aid to nongovernmental […]

Globe Metals speaks on global demand for niobium

Globe Metals and Mining has said the global market has plenty of room to accommodate the miner’s 3 000 tonnes […]

Chinese govt expected to hand over 90 million US Dollar five star hotel and Bingu Interconference centre

The Chinese government is expected to hand over a 90 million US Dollar five star hotel and Bingu Inter-conference centre […]

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 […]

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 […]