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Business News
FDH Bank’s Bancassurance to relieve businesses, individuals
In response to uncertainties of life, FDH Bank has introduced Bancassurance—an insurance cover product—that aims at selling the bank’s products…
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Business News
Paladin to still wait for Escom power
Paladin (Africa) Limited (PAL), owners of Kayelekera Uranium Mine (KM) in Karonga, will have to wait a while longer before…
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Business News
Malawi Airlines set to fly to more destinations
Malawian Airlines Limited which takes to sky this week, will fly to more destinations than its successor, Air Malawi, a…
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Business News
EIU inflation forecast counters IMF target
The Economist Intelligence Unit (EIU) has projected Malawi’s average inflation rate of 18.7 percent in 2014, a fall from 28.6…
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Business News
Smile Life CEO Stain Singo tells it all
In this interview with Business journalist CHIKONDI CHIYEMBEKEZA, Singo speaks about the company’s operations and prospects for the future. Q:…
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Business News
Small businesses group tips development council
The Small and Medium Enterprises Association (Smea), a grouping of local entrepreneurs, has implored the newly constituted High Level Development…
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Business News
National Bank ready for election period, plans accordingly
National Bank of Malawi (NBM), the Malawi Stock Exchange (MSE)—listed largest bank in terms of assets, says it is ready…
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Business News
MRA to sell vehicles not cleared at customs-controlled areas
The Malawi Revenue Authority (MRA) says it will sell all the motor vehicles that have exceeded three months at a…
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Business News
Globe sends 40 tonnes Kanyika samples to China
Globe Metals and Mining, an Australian Securities Exchange (ASX)—listed mining company, has completed the bulk sampling campaign at Kanyika Niobium…
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Business News
Group lobbies for economic empowerment policy
The Economic Empowerment Action Group (Eeag) has asked Cabinet to approve the national economic empowerment policy, which was framed after…
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Business News
National Bank bids farewell to Chibesakunda, Likubwe
National Bank of Malawi (NBM) on Monday bid farewell to two senior employees of the bank at a farewell get-together…
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Business News
Local entrepreneurs form group
A group of local entrepreneurs has formed an association called Small and Medium Enterprises Association (Smea) to complement efforts by…
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Business News
Globe chairperson Shao resigns
Globe Metals and Mining, an Australian Securities Exchange (ASX)—listed miner exploring for niobium at Kanyika in Mzimba, has announced the…
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Business News
Poor work affects K4m LDF school block
Poor work has affected the construction of a K4 million (about $10 000) school block in Nsanje District financed by…
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Business News
Power blackout still a barrier to investment—MCCCI
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has said intermittent power supply continued to be the biggest…
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Business News
Sanlam completes acquisition of three Nico Holdings’ subsidiaries
Sanlam Emerging Markets (Proprietary) Limited, a South African-based life insurer, has finalised the acquisition of 49 percent stake in three…
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Business News
Festive season dampens MSE performance
Trading on the Malawi Stock Exchange (MSE) ended last week with no share price gain as the festive season continues…
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Business News
Tea auction raises K7.2m price peaks at $33/kg
The Charity Tea Auction, a biannual event organised by the Tea Association of Malawi (Taml), Tea and Coffee Merchants Association…
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Business News
Malawi pledges support on regional tea market
Malawi Government has pledged its support to the tea industry on its plans to develop the Limbe Tea Auction into…
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Business News
Tea industry bonus payout jumps 148%
The Tea Association of Malawi (Taml) has paid out a record bonus of K13.26 (about $0.03) per kilogramme (kg) of…
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