Tag: business

MALAWI’S ECONOMY IN 2013

Published on January 18, 2014 by FACE OF MALAWI

The Monetary Policy Committee –MPC that met 8 times between June 2012-July 2013 had raised the bank rate to 25 […]

NAMPACK HEADS ON AFTER RE-BRANDING

Published on January 18, 2014 by FACE OF MALAWI

One of the country’s leading packaging companies has described as exciting the market response it has gotten since its name-change. […]

Blantyre Hotels Limited REVENUE GREW in 2013 –Thanks for Ryalls Hotel positive performance

Published on January 16, 2014 by FACE OF MALAWI

The Malawi Stock Exchange listed Blantyre Hotels Limited has started reaping from recent investments it made at its Ryalls Hotel. […]

Malawi’s Stock Market Ranked No 1 in Africa in 2013 with 108.31% return on investment

Published on January 16, 2014 by FACE OF MALAWI

FORTUNES ENGULF MSE IN 2013 Ranked No 1 in Africa during the year The Malawi Stock Exchange MSE was a […]

CASH DEPOSIT FACILITY PILOT PROJECT SUCCESSFUL- The Malawi Savings Bank (MSB)

Published on January 15, 2014 by FACE OF MALAWI

The Malawi Savings Bank MSB introduced the first cash deposit facility in the country and officials say its pilot has […]

Malawians should expect bright future in two to three years – EEAG

Published on January 13, 2014 by FACE OF MALAWI

The Economic Empowerment Action Group-EEAG has predicted that the local economy will normalize later in the year after the tripartite […]

FDH BANK NOW HAS 100% MALAWIAN SHAREHOLDERS

Published on January 13, 2014 by FACE OF MALAWI

FDH holdings Limited bought the shares that were owned by South African investors after the local authorities disqualified them from […]

Telekom Networks Malawi (MSE:TNM) FORECASTS 200% GROWTH IN PROFIT

Published on December 17, 2013 by FACE OF MALAWI

Telekom Networks Malawi–TNM has forecasted a profit after tax of 200% higher than it made last year. This means that […]

Action Aid questions why rich foreign investors operate tax free

Published on August 14, 2013 by FACE OF MALAWI

Action Aid International Malawi has urged SADC Heads of states and government to abolish tax holidays governments give to multinational […]

A private contractor Ernest Kawonga has been ordered by the High Court of Malawi

Published on August 14, 2013 by FACE OF MALAWI

Commercial Division to payback a sum of K84 million the firm neglected to pay government for hiring the services of […]

BUSINESS MAN PARADED NAKED IN BT

Published on August 10, 2013 by FACE OF MALAWI

A Blantyre man claims that businessman Arthur Malidadi Juma of Malidadi Enterprise kidnapped and tortured him after a business deal […]

Chartered Institute of Marketers (CIM) has embarked on a project to engage and help government in building Malawi

Published on July 17, 2013 by FACE OF MALAWI

The Chartered Institute of Marketers (CIM) has embarked on a project to engage and help government in building Malawi as […]

Mulli misses out on all maize contracts

Published on July 16, 2013 by FACE OF MALAWI

In the lot for Mzuzu deliveries his offer price was mk112/kg but contract offered to someone supplying at mk120/kg In […]

Virtual Offices Replacing Internet Cafes

Published on July 10, 2013 by FACE OF MALAWI

Blantyre — As a strategy to survive on the business market, internet cafes are diversifying into virtual offices in the […]

Mark Katsonga, owner of AXA Coach and Bus Companies, has bought a fleet of 15 buses to add to the now ramshackle fleet

Published on June 18, 2013 by FACE OF MALAWI

Business is at stand still in Limbe as vendors move door to door closing foreign owned shops.

Published on June 18, 2013 by FACE OF MALAWI

Business is at stand still in Limbe as vendors move door to door closing foreign owned shops. This comes as […]

Supplier reduces prices of fertilizer…cites currency appreciation

Published on June 17, 2013 by FACE OF MALAWI

The business community is slowly responding to recent positives in the local economy, with latest being one of the major […]

The bank base lending rates are just a punishment

Published on June 11, 2013 by FACE OF MALAWI

The bank base lending rates are just a punishment, this is why many people are getting poor and poorer because […]