-
Stock market raises K359m
Amid continued demand for shares on the Malawi Stock Exchange (MSE), the 14-counter local shares market raised K359 million [$941…
Read More » -
Business News
Basel II rollout: Ecobank Malawi ups capital
With only two months to Basel II roll-out in January 2014, shareholders of Ecobank Malawi Limited have pumped in $5 million (K1.9…
Read More » -
Business News
Standard Bank appoints new CEO
Standard Bank Malawi Limited has appointed Andrew Mashanda as the new chief executive officer (CEO), taking over from Charles Mudiwa…
Read More » -
Business News
Lynas Corp keen to resolve mine wrangle
Lynas Corporation Limited says it will continue to work with the Malawi Government to resolve issues of ownership affecting Kangankunde…
Read More » -
Business News
Ecobank Malawi appoints Asiedu as acting MD
Ecobank Malawi, a subsidiary of Ecobank Transnational Incorporated (ETI), has appointed Charles Asiedu as the bank’s acting managing director (MD)…
Read More » -
Business News
Listed companies post good half-year results
The 14-counter Malawi Stock Exchange (MSE) remained buoyant in the third quarter (July—September) of 2013, thanks to good half-year results…
Read More » -
Business News
Government says IPS stabilises tobacco market
Malawi Government says the introduction of Integrated Production System (IPS)—a contract system of tobacco growing and marketing approved in 2012—has…
Read More » -
Business News
Demand for stocks on the rise
Demand for shares on the Malawi Stock Exchange (MSE) continues as reflected in most of the counters with no volumes…
Read More » -
Business News
Credit bureau act execution critical
Competition and Fair Trading Commission (CFTC) has asked the Reserve Bank of Malawi (RBM) to develop proper regulations to ensure…
Read More » -
Business News
Paladin to cut costs, lay off workers at Kayelekera Mine
Dual-listed Paladin Energy Limited,owners of Kayelekera Mine (KUM) in Karonga through its subsidiary Paladin Africa Limited, has announced a reduction…
Read More » -
Business News
Malawi faces four key policy challenges
A latest study commissioned by the global oil firm Puma Energy has exposed four key challenges that policy makers in Malawi…
Read More » -
Business News
Nico Holdings closes in on General insurance deal
Financial services group, Nico Holdings Limited, is close to clinching a deal for one of its subsidiaries and has indicated…
Read More » -
Business News
Globe Metals initiates Cost reduction plan
Globe Metals and Mining, the Australian Securities Exchange (ASX)-listed miner exploring for niobium at Kanyika in Mzimba, will continue its…
Read More » -
Business News
Malawi commercial bank deposits decline
Commercial bank deposits have declined, interbank rates risen while the kwacha has depreciated as the economy enters the lean period…
Read More » -
Business News
Malawi to benefit from tobacco warehouse at Beira port
Cornelder de Mozambique (CdM), the concessionaire of the Beira port’s major container and general cargo terminals, is building a…
Read More » -
Business News
Beira port built for Malawi, three others
Malawians’ perception of the Indian Ocean’s port of Beira needs to change and begin to understand that the facilities there…
Read More » -
Business News
Vale hopeful of Malawi’s rail link
Vale Logististics Limited, a subsidiary of Brazilian-based mining group Vale, says it is unable to rail all the coal mined…
Read More » -
Business News
Chuka dates Socam, upbeat about future
Reserve Bank of Malawi (RBM) Governor Charles Chuka has commended the Society of Accountants in Malawi (Socam) vision for an…
Read More » -
Business News
5 counters gain, MSE raises K75m
Five counters added value on the Malawi Stock Exchange (MSE) with K75 million [$208 193.76] worth of business transacted in…
Read More » -
Business News
AHL wants equality in tobacco selling systems
Auction Holdings Limited (AHL), Malawi sole tobacco auctioneer, is hoping that tobacco industry authorities will allocate equal number of days…
Read More »