Reserve Bank speaks on Cryptocurrencies: ‘They are not legal tender in Malawi’
The Reserve Bank of Malawi (RBM) has said cryptocurrencies are not legal tender in Malawi and should not be used for the discharge of any obligations that suggests they are a perfect substitute to the...
View ArticleOfficial Malawi population figures release June
National Statistical Office (NSO) says official results of the 2018 population and housing census is expected to be released in early June. NSO spokesperson Kingsley Manda said the official results...
View ArticleAdmarc opens produce market
State produce trader, Agriculture Development and Marketing Corporation (Admarc) says it will open its buying market for produce next week to counter vendors who are buying produce from farmers below...
View ArticleMinistry of Natural Resources to identify minerals in central region
Ministry of Natural Resources, Energy and Mining has announced plans to conduct surface geological observation to identify minerals in the central region. According to the Acting Director of the...
View ArticleEconomists accuse parties of forex externalization
Political parties have been accused of forex externalization during campaign in the run up to the May 21 elections when they bought party materials from outside the country. Economists Association of...
View ArticleJob cuts at Castel Malawi: Brewer retrenches 300 workers
Castel Malawi says it set to retrench 300 workers because of harsh economic climate in the country. Senior brands manager for Castel Malawi Titha Mbilizi said the company has been posting losses in the...
View ArticleMzuzu City main market committee presses council to flush out illegal vendors
Mzuzu City Main Market committee has asked Mzuzu City Council (MCC) to address illegal vending which has been a thorny issue for the past two years. The committee says it is high time the council...
View ArticleECAM expresses need to promote entrepreneurship skills
Employers’ Consultative Association of Malawi (ECAM) has expressed the need to promote entrepreneurship skills among the youth in the country to enable them establish small businesses and create job...
View ArticleChinese construction company obtains court injunction over property seizure
A Chinese construction company has obtained a stay order against seizure of some of its property by a local company which was subcontracted to work on a road. Sheriffs seized some assets owned by the...
View ArticleMalawi Shipping company withdraws MV Ilala
Malawi Shipping Company has withdrawn MV Ilala from Lake Malawi waters for routine maintenance. Company spokesperson Thomas Chafunya has said MV Chilembwe will replace MV Ilala which goes for...
View ArticleMkango ships rare earth ‘samples’ from Phalombe to Australia for testing
Mkango Resources Limited, a mining firm exploring rare earths at Songwe Hills in Phalombe, has exported a 60 tonne rock ore samples to Australia for metallurgical pilot plant test. The Australian...
View ArticleMalawi Energy Regulatory Authority constructs K7.5bn office complex
In a bid to reduce cost and improve fuel test work in the country, Malawi Energy Regulatory Authority (MERA) has pumped K7.5 billion into construction of an office complex in Lilongwe. MERA Chief...
View ArticleNational Bank of Malawi declares K3.5 billion final dividend to shareholders
Listed National Bank of Malawi (NBM)plc held its 47th Annual General meeting (AGM) in Blantyre on Thursday where it declared a final dividend of K3.5 billion to its shareholders. Addressing the AGM,...
View ArticleForestry dept to renew agreement with Malawi army over forests protection
Department of Forestry says it will renew its agreement with the Malawi Defence Force (MDF) to continue protecting the country’s forests from wanton cutting of trees. Forestry department spokesperson...
View ArticleFDH Bank integrates Malawi National ID system through NRB system
FDH Bank on Friday became the first bank in the country to integrate the National Registration Bureau (NRB) National Identity database with its Know Your Customer (KYC) system which will facilitate the...
View ArticleFarmers empowered to fight-off effects of climate change in Chingale
Scores of farmers in Chingale Extension Planning Area (EPA) in Zomba are improving their incomes and lives through various interventions that the Food and Agriculture Organization of the United Nations...
View ArticleSalima Council constructing new dyke on Lifidzi River
Salima District Council is constructing a new dyke on Lifidzi River to prevent its annual flooding from affecting Lifidzi Trading Centre and Phaka Village in southern part of the district. According to...
View ArticleMV Ilala withdrawal on Lake Malawi raise maize prices at Chilumba
Residents at Chilumba island have to dig deeper from their pockets to buy a bag of maize which is now selling four times the recommended government price because of the withdrawal of MV Ilala from the...
View ArticleMalawi army soldiers demand allowances for working on Tsangano road
Malawi Defence Force (MDF) soldiers working on Tsangano-Neno-Mwanza road are demanding allowances for working on the road. Some of the soldiers say they have been working on the road for many months...
View ArticlePrince Harry and Meghan to travel to Malawi this year
The Duke and Duchess of Sussex are planning a big tour to Africa later this year which will connect the couple with some of Harry’s greatest passions as well as those of his late mother. Harry and...
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