Minister’s directive hits industrial operations hard, deprives people water
The directive by Energy Minister Ibrahim Matola at public power generating firm Electricity Supply Corporation of Malawi (Escom) to keep the country’s capital city, Lilongwe, alight during the Sadc...
View ArticleMalawi’s slight interest rates drop draws varied reactions
African Alliance Securities has noted that Malawi’s money market and commercial bank interest rates continues have slightly dropped which they said is a good economic sign that consumers will access...
View ArticleAir time seller wins K1m in Airtel Malawi ‘Kutola Chikwama’ promotion
A Blantyre based woman Miracle Kumwima became the first lucky person to win K1 million in the Airtel Money ‘Kutola Chikwama Promotion. The 24 year old Kumwima, who sells airtime in Chitawira Town ship...
View ArticleNBM Capital projects a downward trend on Malawi’s money market
Investment and financial markets analysis firm NBM Capital says it foresees a downward trend in the interest rate and rejection levels on Malawi’s money market avenue. The company has said this in its...
View ArticleDHL, Malawi Posts Corp. goes into partnership
Sending mail, parcels and other forms of shipments domestically and abroad will no longer be a mammoth task following the sealing of a deal between Malawi Postal Corporation (MPC) and DHL International...
View ArticleEscom’s K35m donation irks Consumer Association of Malawi
The Consumers Association Malawi (Cama) has condemned the Electricity Supply Corporation of Malawi (Escom) for donating K35 million to the Presidential Initiative on Safe Motherhood claiming the money...
View ArticleRussia, Zambia to help boost Malawi’s mining industry
New envoys for Zambia and Russia to Malawi have pledged to help Malawi boost its mining sector which is steadily showing signs of growth. Zambian Ambassador, Charles Banda, and Russia’s Sergey...
View ArticleMalawi, Zimbabwe resumes direct flights
Malawi and Zimbabwe will have direct flights between them following the official resuscitation of a bilateral agreement dating back to 2004 when Malawi’s flag carrier Air Malawi was still limping into...
View ArticleMalawi’s overall inflation rate drops to 25.2%
The National Statistical Office (NSO) in eastern city of Zomba has said year on year inflation rate for the month of July, 2013 now stands at 25.2 percent down from 27.9 percent recorded in June. The...
View ArticleAir Cargo Malawi-UK still in full swing
Air Cargo Malawi Limited, an auxiliary of the liquidated and deflated Air Malawiis still in the game up and running in full swing with business as usual and going strong worldwide despite its mother...
View ArticleStandard Bank Malawi posts strong 6 months results
Standard Bank Malawi Limited has posted strong half year results and says it has realised its objectives despite the challenging operating environment in the first half of the year. In its 6 months...
View ArticleAirtel disqualifies K1m winner, plumber wins in new draw
Airtel Malawi has disqualified its first Airtel Money ‘Kutola Chikwama’ Promotion K1 million winner after being found to be in breach of terms and conditions of the competition. Miracle Kumwima, who...
View Article10 counters register trading at Malawi Stock Exchange
The Malawi Stock Exchange (MSE) said last week it recorded trading activity in 10 counters of First Merchant Bank, Mpico, National Bank of Malawi, NBS Bank, Nico, National Investment Trust Limited...
View ArticleMalawi hosts SADC sugar meet
The Malawi sugar industry is hosting a two day Annual Conference of the Federation of SADC Sugar Producers (FSSP) in Blantyre. About 150 delegates from the SADC region attended the conference which is...
View ArticleMalawi’s future lies in small scale agricultural commercialization, says...
Malawi can only come out of its current bleak economic situation if small scale agricultural commercialization is given priority and do away with the fertilizer subsidy programme which has done little...
View ArticleMalawi Revenue Authority vigilante to beat K340bn revenue target
The country’s revenue collecting body, Malawi Revenue Authority (MRA) has said although this year’s revenue target of K338.9 billion poses a great challenge to the body, it will make sure that all tax...
View ArticleDeal sealed: Peoples chain store to sell Kombucha Juice
Nutri.com, producers of Kambucha health juice, has struck a deal with one of the country’s chain store People’s Trading Center (PTC) to sell the new drink. Speaking in an interview with Nyasa Times,...
View ArticleMalawi kwacha depreciates against major currencies
The Malawi kwacha has depreciated over the last four weeks against some major international currencies at the official markets, Reserve Bank of Malawi (RBM) official exchange rates indicate. A...
View ArticleTNM Sapota Mapeto: Bullets pocket K1m, Nomads fan wins TV Screen
Big Bullets have once again demonstrated that it commands a large football fan base after it emerged as Telekom Networks Malawi (TNM) Sapota Mapeto promotion winner in second month running. Bullets...
View ArticleCommodities Exchange ropes in FDH Bank
The Auction Holdings Commodities Exchange (AHCX) says it will continue with its drive to assist farmers earn more from income from their harvests by making available all information regarding...
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