Tag: Economy

Economic recovery will take longer – Nico Assets Managers

Published on March 20, 2013 by FACE OF MALAWI

A local financial services firm has said Malawi’s economic recovery will take longer than projected but remains optimistic about the […]

DPP gurus face treason charges

Published on March 14, 2013 by FACE OF MALAWI

Acting president of Democratic Progressive Party (DPP) and brother to late president Bingu wa Mutharika has been charged with treason […]

Meddling donor, hidden agenda

Published on March 6, 2013 by FACE OF MALAWI

Does giving aid entitle donors to have a say on who should lead? The opinion expressed recently by western donors […]

Climax of Ken Lipenga’s weak leadership

Published on March 4, 2013 by FACE OF MALAWI

Ken Lipenga could be cementing his legacy as potentially one of the weakest finance ministers in Malawi’s history. The man […]

FDH Holdings Limited in tax evasion scandal

Published on February 25, 2013 by FACE OF MALAWI

Investigations have revealed that First Discount House (FDH) Group has not been remitting taxes to Malawi Revenue Authority since 2009. […]

Maize prices soar – K7,500/Bag

Published on February 21, 2013 by FACE OF MALAWI

Barely a month after a 50 kilogram bag of maize was sold at MK5000, the prices have skyrocketed again in […]

President Banda orders to put on hold printing of new portraits bearing her new title of “Dr”

Published on February 21, 2013 by FACE OF MALAWI

In a move to be seen as if she is responding to the problems rocking the country, Joyce Banda has […]

Malawi’s never-ending drug shortage problem

Published on February 20, 2013 by FACE OF MALAWI

Malawi is again experiencing a crisis in the delivery of essential medicines, with understaffed clinics and erratic drug supplies preventing […]

Joyce Banda angers IMF

Published on February 19, 2013 by FACE OF MALAWI

An International Monetary Fund (IMF) mission that was in the country until yesterday has faulted the Malawi government for failing […]

Malawi misses IMF target on social spending

Published on February 19, 2013 by FACE OF MALAWI

An International Monetary Fund (IMF) mission that was in the country until yesterday has faulted the Malawi government for failing […]

Energy Woes Stand in Malawi’s Development Path

Published on February 14, 2013 by FACE OF MALAWI

Energy problems are never rare in Malawi; ranging from persistent black-outs, to an alarming fuel supply shortage whose lasting solution […]

Rising external debt worries Reserve Bank

Published on February 6, 2013 by FACE OF MALAWI

The Reserve Bank of Malawi (RBM) says the supersonic speed at which the country’s external debt grew after April 2012 […]

Malawi banks risk shrinking forex business

Published on February 5, 2013 by FACE OF MALAWI

Malawi’s commercial banks are risking a reduction in foreign exchange business due to the prevailing global liquidity shortages, the Reserve […]

University of Jeunju’s foolhardy sense of humour

Published on February 3, 2013 by FACE OF MALAWI

Malawi’s presidents coming after Dr Hastings Kamuzu Banda – who actually studied and graduated twice for his medical degree, seem […]

Goodal Gondwe contradicts Joyce Banda: Recovery will not take 18 months but 5 years

Published on February 1, 2013 by FACE OF MALAWI

Malawi Economic Planning and Development Minister Goodal Gondwe shocked many when he said the Economic Recovery Plan doesn’t have a […]

ADMARC running out of maize, rationing in place

Published on February 1, 2013 by FACE OF MALAWI

Only 6,000 metric tonnes of maize is remaining in the government’s Agricultural Development and Marketing Corporation (ADMARC) depots to cater […]

PP led govt: Get rich or die trying

Published on February 1, 2013 by FACE OF MALAWI

For the PP led government, it has now turned into a case where hay must be made while the sun […]

Confusion in JB’s govt

Published on January 31, 2013 by FACE OF MALAWI

The President’s indecisiveness on issues that matter will always be the impetus for her own undoing. Look at the following […]