Business

RBM forex reserves target speculative, says economist

RBM forex reserves target speculative, says economist

University of Malawi’s Chancellor College economics professor Ben Kaluwa has doubted Reserve Bank of Malawi (RBM) ability to build official…
Airtel hands over K50m to Tisangalale promo winner

Airtel hands over K50m to Tisangalale promo winner

A Lilongwe based minibus driver, Ganizani Phiri, has been handed over the MK50 million, the grand prize of Airtel’s Tisangalale…
GOVT COULD SAVE K22BN ON FISP—ECAMA

GOVT COULD SAVE K22BN ON FISP—ECAMA

Government could save a whopping K22.4 billion (US$54 368 932) in the implementation of the Farm Input Subsidy Programme (Fisp)…
African postal services meet amid changing landscape

African postal services meet amid changing landscape

The 33rd session of the Pan African Postal Union (Papu) took place  in Lilongwe yesterday, with the gathering of postal…
Economist commends govt proposal to donor partners

Economist commends govt proposal to donor partners

Government has plans to let donors pay for some budget allocations directly, without passing through account number one, a development…
Govt to plug mining sector leakages

Govt to plug mining sector leakages

The Malawi Economics Justice Network (Mejn) has called for the urgent need for government to ‘plug leakages’ by both large…
Govt rules out single digit inflation rate

Govt rules out single digit inflation rate

Secretary to Treasury (ST) Newby Kumwembe has ruled out the possibility of Malawi attaining a single-digit annual average inflation rate…
Fighting the bear called tax evasion

Fighting the bear called tax evasion

Malawi has been awash with the golden jubilee celebrations. The pomp created by this has received mixed reactions as to…
Experts propose new agriculture statutory body, council

Experts propose new agriculture statutory body, council

Agriculture experts and civil society groups working in the agriculture field have proposed the creation of the National Agriculture Transformation…
High interest rates increase credit stress

High interest rates increase credit stress

High interest rates have created stress in the financial system with loan defaults increasing to 15.7 percent and experts have…
Pension assets on the rise, hits K202bn

Pension assets on the rise, hits K202bn

The increase in pension contribution and income investments has pushed up the pension sector assets by 16 percent to K202…
Illovo denies land grabbing plot fears

Illovo denies land grabbing plot fears

Sugar making giant, Illovo Sugar Limited has dismissed as “unfounded” and falsehood reports that the company’s Dwangwa Corporation is involved…
PCL jolts MSE into action

PCL jolts MSE into action

Press Corporation Limited (PCL) was last week the only counter that pushed the performance of the Malawi Stock Exchange (MSE),…
RTOA accuses international truck operators of sabotage

RTOA accuses international truck operators of sabotage

Road Transport Operators Association of Malawi (Rtoa) executive director Chrissie Flao says the tendency by some international truck operators to…
Malawi sweetens Illovo group profits

Malawi sweetens Illovo group profits

Illovo Sugar (Malawi) Limited, a subsidiary to the regional sugar producer, contributed the largest chunk of profits of up to…
Tracker Malawi to curb thefts, improve fleet management

Tracker Malawi to curb thefts, improve fleet management

Amid increased cases of vehicle thefts, Tracker Malawi, a subsidiary of Tracker Africa, has come onto the scene bringing “complete…
Project registration beneficial, says NCIC

Project registration beneficial, says NCIC

The National Construction Industry Council (NCIC) says specialised and risk associated nature of the construction industry places a responsibility on…
TCC cherishes 2014 tobacco sales season

TCC cherishes 2014 tobacco sales season

The Tobacco Control Commission (TCC), which has set August 29 as the closing date for the 2014 tobacco marketing season,…
JTI calls for reforms in Malawi tobacco sector

JTI calls for reforms in Malawi tobacco sector

JTI Leaf Malawi Limited which started its operations in Malawi in 2009 after it acquired Africa Leaf Limited has called…
Entrepreneurship: Thombozi creates clothes

Entrepreneurship: Thombozi creates clothes

The Malawi fashion scene has over the years gone through a metamorphosis. At the turn of the millennium, the mushrooming…
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