Business

CDHIB Prime Rewards doubles customer base

CDHIB Prime Rewards doubles customer base

CDH Investment Bank (CDHIB) has said the ongoing Prime Rewards promotion that has been running since June 2, has doubled…
PWP’s double benefits

PWP’s double benefits

Grace Kaunda, 48, from Chikhasu Village in Senior Chief Kanyenda’s area in Nkhotakota braved insults when she joined Tikondane Community…
Malawi T-bills rates plunge

Malawi T-bills rates plunge

Treasury bills (T-bills) rates—one of the determinants of commercial bank interest rates—fell on all tenors in August compared to the…
Malawi explores US market for tobacco

Malawi explores US market for tobacco

Malawi President Peter Mutharika has asked the US-based Universal Leaf Tobacco Company (ULTC) to lobby their government through Congress to…
Smedi vows to improve livelihoods of SMEs

Smedi vows to improve livelihoods of SMEs

Small and Medium Enterprises Development Institute (Smedi) has reiterated its efforts of improving the welfare of small-scale businesses through special…
Banks lend out K500m to farmers through warehouse receipts

Banks lend out K500m to farmers through warehouse receipts

Farmers in the country have received over K500 million (about $1.3m) in loans from commercial banks through the Auction Holdings…
Malawi co-chairs global aid group

Malawi co-chairs global aid group

Malawi is co-chairing the Global Partnership and Advocate for Effective Development Cooperation (GPAEDC), an aid mobilisation tool, and is representing…
Muscco, Kenya’s CIC form new insurance company

Muscco, Kenya’s CIC form new insurance company

A new cooperative insurance company is in the offing after Kenyan insurance giant Cooperative Insurance Company (CIC) and Malawi Unions…
Tseka is Treasury’s new economics chief

Tseka is Treasury’s new economics chief

Government has appointed Reserve Bank of Malawi (RBM) research and statistics chief Ralph Tseka as director of economic affairs at…
Commission working on 10 projects requiring PPP deals

Commission working on 10 projects requiring PPP deals

Malawi’s Public Private Partnership Commission (PPPC), formerly Privatisation Commission (PC),says it is currently working on 10 projects that require public…
Malawi misses out on Africa Global Business Forum

Malawi misses out on Africa Global Business Forum

Malawi will not attend this year’s Africa Global Business Forum 2014, in Dubai next month,a platform that has been billed…
Mutharika seals deal on technical colleges

Mutharika seals deal on technical colleges

Malawi President Peter Mutharika, during his United Nations (UN) visit, has sealed a deal with United States of America based…
Discipline, grievance management enhances productivity—Ecam

Discipline, grievance management enhances productivity—Ecam

Employers Consultative Association of Malawi (Ecam) has said proactive discipline and grievance handling enhances productivity while a human resource expert…
MRA revenue four percent below target

MRA revenue four percent below target

Against a backdrop of the zero aid budget and budget support freeze, Malawi Revenue Authority (MRA) missed the August 2014…
New law to police warehouse receipts

New law to police warehouse receipts

Government is set to regulate the Warehouse Receipt System (WRS) by coming up with a law governing its operations. In…
Fuel reserves boon for retailers—NOCMA

Fuel reserves boon for retailers—NOCMA

National Oil Company of Malawi (Nocma) says the fuel reserves being constructed will, besides ensuring security of supply of the…
Sugar making factory excites FDH Bank

Sugar making factory excites FDH Bank

FDH Bank says it will help 54 farmers who will be supplying sugar cane to a factory currently under construction…
VP talks reforms at Icam conference

VP talks reforms at Icam conference

Vice-President Saulos Chilima has said the reforms government has undertaken will help to create a vibrant public service as well…
Investment package ready October—Mwanamvekha

Investment package ready October—Mwanamvekha

A package of all bankable investment projects in Malawi, which President Peter Mutharika demanded on his way from the Africa-America…
Nsanje port sold to US investors

Nsanje port sold to US investors

A team of trade and investment experts from Malawi have asked United States of America (USA)’s business captains to contribute…
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