Business
Mzuzu council lost K166m in property rates
April 23, 2014
Mzuzu council lost K166m in property rates
Mzuzu City Council has lost K166 million in property rates its residents failed to pay in the present financial year,…
Proliferation of unregulated markets worries Cama
April 23, 2014
Proliferation of unregulated markets worries Cama
The Consumers Association of Malawi (Cama) says the proliferation of unregulated markets is a big problem which is making the…
RBM exchange rate falls to K388
April 23, 2014
RBM exchange rate falls to K388
The official buying exchange rate as announced by the Reserve Bank of Malawi (RBM) has gone down to K388 to…
Mzuzu auction floors open today
April 23, 2014
Mzuzu auction floors open today
The Mzuzu Auction Floors is set for opening its market today, a month after the official opening of the 2014…
IMF maintains Malawi single digit inflation projection
April 23, 2014
IMF maintains Malawi single digit inflation projection
The International Monetary Fund (IMF) has maintained Malawi’s end 2014 single digit inflation target of 9.7 percent, according to the…
Golden Forex Bureau reopens in Limbe
April 22, 2014
Golden Forex Bureau reopens in Limbe
Golden Forex Bureau has reopened its Limbe branch with a promise to be leaders of the market by offering competitive…
Malawi forex reserves drop 14 percent
April 22, 2014
Malawi forex reserves drop 14 percent
Malawi’s gross foreign exchange reserves, official and private sector combined, dropped by about 14 percent to 3.86 months of import…
Online company registration rolls out soon, says govt
April 22, 2014
Online company registration rolls out soon, says govt
Malawi Government says online registration of businesses as part of reforms to improve the ease and reduce the cost of…
FDH group on a growth path—Mpinganjira
April 22, 2014
FDH group on a growth path—Mpinganjira
FDH Financial Holdings Limited is well positioned for further growth and expects the group’s fortunes to turnaround, particularly its flagship…
Likoma Jetty might see light of day
April 22, 2014
Likoma Jetty might see light of day
The construction of Likoma Jetty, which has been a song since time immemorial, might soon be under construction after Likoma…
Malawi industry output falls on reduced capacity
April 22, 2014
Malawi industry output falls on reduced capacity
Malawi’s industrial production slumped in December 2012 compared to same period the previous year, signaling reduced capacity utilisation and productivity,…
Branding can improve economy— Changaya
April 22, 2014
Branding can improve economy— Changaya
Branding can improve Malawi’s economy through creation of a positive image of local products which can lead to better sales…
Comsip to train 32 cooperatives countrywide
April 22, 2014
Comsip to train 32 cooperatives countrywide
The Community Savings Investment Promotion (Comsip) is expected to train 32 cooperatives countrywide to instill in communities a culture of…
Malawi shifts infrastructure to integrated rural development
April 21, 2014
Malawi shifts infrastructure to integrated rural development
Chief rural development officer in the Ministry of Local Government and Rural Development, Francis Sakala has said Government has shifted…
‘Fincoop set for recovery’
April 21, 2014
‘Fincoop set for recovery’
Fincoop Savings and Credit Cooperative says it is set on a path to full recovery after years of being…
Bullish stock market rakes in K15.95 million
April 21, 2014
Bullish stock market rakes in K15.95 million
The country’s only bourse, the Malawi Stock Exchange (MSE) was bullish last week with National Bank and Press Corporation Limited…
Government pays less debt interest in Q2
April 21, 2014
Government pays less debt interest in Q2
Malawi Government paid K16.2 billion in debt interest in the second quarter (Q2)—October to December—K6.2 billion below the projected amount,…
Govt upbeat on Thyolo-Bangula road funding
April 19, 2014
Govt upbeat on Thyolo-Bangula road funding
Malawi Government is hopeful that financiers of the 82-km Thyolo-Thekerani-Muona-Bangula road project will provide extra funds for the project as…
Asian booming ivory trade affecting Malawi tourism
April 19, 2014
Asian booming ivory trade affecting Malawi tourism
The flourishing market for ivory and turtles in Asia is badly affecting the country’s tourism causing the country’s wild life…
China donates 533 solar mobile systems to Malawi
April 18, 2014
China donates 533 solar mobile systems to Malawi
Chinese Government Wednesday handed over 226 solar powered street lighting systems to Malawi government and donated 533 solar mobile systems…