‘Banki Mkhonde’ hailed for improving people’s lives in Dedza
A Non-Governmental Organization (NGO) World Vision Malawi has said that Village Savings and Loan Associations (VSLA) popularly known as Banki Mkhonde have improved living standards of people in the...
View ArticlePharmanova workers divided over strike
Workers at Pharmanova Malawi Limited (PLM) are divided over the strike which was started on Thursday. While the workers union distanced itself from the strike, the company management described the...
View ArticleUNHCR develops new livelihood strategic plan for Malawi
United Nations High Commissioner for Refugees (UNHCR) said it has developed a comprehensive livelihoods strategic plan for Malawi operation. UNHCR Resident Representative to Malawi, Monique Ekoko...
View ArticleMalawi regulator cancels Mount Meru petroleum importation licence
The Malawi Energy Regulatory Authority (MERA) has blocked one of the fuel importers in Malawi, Mount Meru Petroleum Company, orders it to stop operate its services in the country. A statement released...
View ArticleBusiness captains hail National Bank of Malawi for Credit Card
Business captains and customers have hailed National Bank of Malawi (NBM) for introducing its Visa branded credit card describing it a huge innovation and way forward for the banking industry in the...
View ArticleWorld Bank provide K69.7bn for Malawi to commercialize agriculture
The World Bank has approved a US$95 million (K69.7 billion at current exchange rate) credit which is expected to boost the country’s quality and quantity of various agricultural products for domestic...
View ArticleMalawian young entrepreneurs return from China
Five Malawian young entrepreneurs from across the country on Monday returned home from China where they went to learn various entrepreneurial skills. Speaking on arrival at Kamuzu International...
View ArticleMalawi govt bemoans foreigners’ dominance in business sector: Develops...
Malawi government has bemoaned the continued dominance by foreigners in the investment sector and has since initiated development of a policy to empower Malawians economically. Government through...
View ArticleNGO to construct earth bag houses in Karonga
A Rumphi based local Non-Governmental Organization (NGO), Loncha Development Centre has put aside K18 million to bailout the flood victims in Karonga by constructing flood resistant houses in the...
View ArticleSugar prices up —Illovo Malawi
Sugar prices have risen by about nine t percent effective Monday due national equalisations scheme, according to Illovo Sugar (Malawi) Limited. Illovo public relations officer Irene Phalula said there...
View ArticleMalawi can admire Kenya’s new Chinese-funded railway
Kenya has opened a major new railway between the port city of Mombasa and the capital, Nairobi, 18 months early. President Uhuru Kenyatta said during the launch that the $3.2bn (£2.5bn) Chinese-funded...
View ArticleMalawi’s First Merchant Bank takes over Barclays Bank Zimbabwe
Backlays Plc has sold its majority stake in its Zimbabwean operation to Malawi’s First Merchant Bank (FMB), putting an end to months of a fierce bidding war to take over one of the country’s iconic......
View ArticleWorld Bank cuts Malawi 2017 GDP growth rate: Projects 4.4 percent
The World Bank has painted a gloomy economic outlook for Malawi by revising downwards the country’s real gross domestic product (GDP) growth rate to 4.4 percent contrary to Reserve Bank of Malawi...
View ArticleVendors’ market fee boycott affects Mzuzu City Council revenue
Mzuzu City Council (MCC) has lost thousands of Kwacha worth of revenue following a two-month market fee payment boycott by some vendors, it has been learnt. Some vendors plying their business at Mzuzu...
View ArticleMalawian Mike Chilewe Jnr on Forbes list of enterprenuers: ’30 Under 30′ 2017
One of Malawi’s youthful entrepreneurs Mike Chilewe Jnr is among the top 30 successful African entrepreneurs under the age blacket of 30, this is according to the latest Forbes Africa 2017 list...
View ArticleOpportunity Bank of Malawi drills Mobile Banking Agents in service delivery...
Opportunity Bank of Malawi (OBM) Friday engaged its central region mobile banking agents in an interface meeting which was designed to enhance the agents’ performance and service delivery skills....
View ArticleMalawi to host first International Tourism Exposition
Malawi will in the month of September hold its first ever International Tourism Fairs or Expositions (Expo) at the Bingu International Convention Centre in bid to uplift the tourism industry in the...
View ArticleMugasa Imex Limited invests K250 million in car hire business
Over K250 million has been earmarked for the newly launched Mimosa Car Hire which was launched on Thursday at Game Stores Car Park in Lilongwe. The cars which include an exquisite white Limousine and...
View ArticleIllegal charcoal production on the rise due to poverty — Forestry Officer
The Blantyre District Forestry Office (DFO) has attributed the rise in illegal charcoal production and selling to high poverty levels among Malawians. Blantyre District Forestry Officer (DFO), Geoffrey...
View ArticleMalawi Oil Company strategic reserve tanks starts receiving fuel
National Oil Company of Malawi (Nocma) says it has started receiving fuel for storage in its strategic fuel reserve tanks at Kanengo depot in Lilongwe even though the tanks haven’t yet been...
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