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Malawi among first beneficiaries of $450m LCDs request to fight climate change

Malawi is among the first six Least Developed Countries (LDCs) to benefit from the member states’ request for US$450 million to fight climate change. This was disclosed on Monday by the Chairperson for...

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Malawi govt applauds SF International for fulfilling tax obligations 3...

Malawi government has commended S.F International for fulfilling all tax obligations for the period of 2018/2019 to Malawi Revenue Authority (MRA)  which means they have done so for three consecutive...

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FDH’s Mpinganjira shares tips for successful business enterprises

First Malawian to establish his own bank, Dr. Thomson Mpinganjira has tipped people to diversify in their business undertakings in order to reduce investment risks and succeed in their business...

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Lilongwe Water Board losing over 35 per cent of revenue in non-revenue water...

Lilongwe Water Board (LWB) says it is striving to reduce non-revenue water (NRW) loss through leakage in water pipes, theft of water supplying equipment and illegal water connection among others. LWB...

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Cama challenges 1% mobile money tax: ‘Insult in Malawi budget!’

The Consumers Association of Malawi (CAMA) has called on government to withdraw the  the proposed one percent withholding tax on non-bank mobile money transactions, saying the tax is against financial...

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MRA tax awareness roars into an extra gear: VAT withholding agents in the loop

Blantyre and Lilongwe has hosted four sensitization meetings between the Malawi Revenue Authority (MRA) and some selected Value Added Tax (VAT) Withholding agents. In his inaugural national budget...

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Nankhumwa opens Malawi agriculture fair, props up agro-based industrialisation

Government is encouraging all farmer organizations in Malawi to adopt the business approach to agriculture through, among others, organising farmers around ‘cooperatives’, which could contribute...

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Japan tips Malawi on resilience programmes during disasters

Japanese Ambassador to Malawi, Kae Yanagisawa has advised Malawi Government to put more effort on resilience programmes which will help to mitigate risks that make most communities homeless each year...

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National Bank of Malawi gives FIMDA K0.5 m for lake conference

Listed National Bank of Malawi (NBM) plc Wednesday morning gave K500,000 to the Financial Market Dealers Association (FIMDA) towards their annual lake conference slated for 11 to 13 October 2019. NBM...

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2 business scribes on funded trip to South Africa by Airtel Malawi

Two outstanding business journalists for 2019 Media Institute for Southern Africa (MISA), Malawi chapter awards are all smiles with Airtel fully funded trip  to the republic of South Africa. The...

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Nankhumwa faults international anti-tobacco legislations: Malawi hosts...

Malawi too would like to continue benefiting from tobacco as a legal commodity while at the same time protecting public health, Minister of Agriculture, Irrigation and Water Development, Kondwani...

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Malawians discuss wealth creation: Sycamore Consult’s conference in line with...

The first wealth creation and personal finance conference which was organised by micro finance institution, Sycamore Consult is in line with Malawi government’s successor to Vision 2020 which National...

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Accelerating employment opportunities through macadamia production

Global Tea and Commodities Limited Chairperson, Nadeem Ahmed has expressed optimism that its partnership with local smallholder farmers shall realize the fruits of macadamia nuts farming. Ahmed said...

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Attach wages to grade of hotel, says Catering Workers Union of Malawi

While commending the raising of the minimum wage for employees in the 2019/2020 national budget, the Hotels, Food Processing and Catering Workers Union of Malawi has asked government to attach salaries...

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Nandolo farmers committed to address market challenges

Chairperson for Nandolo Farmers Association of Malawi (NFAM), Suzan Chimbayo says the association is committed to address market challenges encountered by farmers in Mwanza. Chimbayo said this in an...

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Nico’s Icon Properties plc posts K1.28bn profit in 2 months

Icon Properties plc, a subsidiary of Nico Holdings plc and listed on Malawi Stock Exchange (MSE) early this year, has posted a K1.28 billion profit for the two months ended December 31 2018. This was...

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Popular hotel Crossroads guilty of  polluting environment, fined  K1 million

A popular hotel in Lilongwe, Crossroads, has been found guilty of polluting the environment in the capital city and has since been fined K1 million. Director of Environmental Affairs Michael...

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Castel Malawi cuts more jobs: Brewer at risk of closure

Castel Malawi Limited, producers of alcoholic and non-alcoholic beverages,  says it is set to cut more jobs in a second phase of retrenchment this month. Director of Human Resources Naomi Nyirenda says...

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Standard Bank retains Malawi’s ‘Best Investment Bank’ accolade at Euromoney...

Standard Bank has for the second-year running been named Malawi’s Best Investment Bank in the Euromoney African Banker Awards. Euromoney has been the leading publication for covering the growth of...

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FDH Bank supports Surveyors Institute of Malawi

Locally grown FDH Bank Tuesday gave K1 million to Surveyors Institute of Malawi (SIM) towards its annual lake conference slated for Mangochi from 3 to 4th October 2019. FDH Bank Public Relations...

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