Donors to review Malawi situation March 11
The second 2013/14 Common Approach to Budget Support (CABS) biannual review will take place on March 11, and will ascertain if Malawi is ready to receive aid. The forthcoming review will, among other...
View ArticleMalawi Airlines launches first flight
At long last, the Malawian Airlines is scheduled to launch its air operations Thursday, January 30, with a domestic flight from Lilongwe to Blantyre. The national flag carrier, whose motto is ‘From the...
View ArticleFirst Merchant Bank profit to rise 75 percent
First Merchant Bank Limited (FMB), which is listed on Malawi Stock Exchange (MSE), expects its after-tax-profit for the year ended December 31 2013 to jump by over 75 percent compared to that of the...
View ArticleStandard Bank fined for money-laundering
Britain’s financial regulator has fined the UK arm of South Africa‘s Standard Bank Group 7.6 million pounds ($12.6 million) for lax anti-money laundering controls of corporate customers linked to...
View ArticleMTL free calls promo boosts sales: 98 000 handsets sold in a month
Malawi Telecommunications Limited (MTL) has profited from its one month free calls promotion, which was initially launched to run from December 21 to January 21. During the promotion MTL mobile phone...
View ArticleGaudy Maluza one of Malawi’s richest dies
Gaudy Maluza, one of Malawi ‘s richest and most well-connected businessman, has died . Maluza died on Monday at Mwaiwathu Hospital in Blantyre, his family confirmed. They did not disclose the cause of...
View ArticleChina funding construction of new Malawi airport at $250m
The Malawi Government with funding from the China government has earmarked close to K112.5billion for the construction of a new Chileka International Airport in Blantyre. The new airport is expected to...
View ArticleMalawi Revenue Authority to commemorate International Customs Day
Malawi Revenue Authority (MRA) will on January 31, 2014 join the rest of the world in commemorating the International Customs Day (ICD). This years’ commemoration, under the theme ‘Communication:...
View ArticleAlliance One Tobacco donates 75 bicycles to farmers
Alliance One Tobacco Malawi Limited has donated 75 bicycles to farmers who have been elected as zone leaders to ease transport problems to ensure effective monitoring of fellow famers in their...
View ArticleMzimba man wins Airtel Malawi K10m grand prize
A Mzimba based Lameck Nyirenda has immerged as a lucky winner in Airtel Malawi Tipate promotion after getting K10 million grand prize. Nyirenda, who is based at Visenda in Zalangwe, won the price after...
View ArticleMalawi Airlines inaugurates first domestic flight
Malawian Airlines on Friday morning successfully celebrated its inaugural domestic flight from Lilongwe to Blantyre and back using its newly acquired Bombardier Q400 aircraft. But despite flying a few...
View ArticleEU pleased with Malawi financial management progress
The vice-President of Malawi, Khumbo Kachali has said the European Union (EU) is pleased with the progress being made by the government in its effort to manage the challenges brought about by the...
View ArticleMalawi losing over $15b through dubious mining operation per year-Report
Malawi is losing over $15 billion worth of revenue every year through uncharted sales and dubious mining operations in the country. According to a report by Malawi Miners Task Force, more precious...
View ArticleMalawi hikes fuel price over Kwacha’s fall to Dollar
Motorists in the country will again have to dig deeper into their pockets following the upward adjustments of fuel prices by Malawi Energy Regulatory Authority (MERA). The regulator announced on...
View ArticleMaldeco says investigating sinking ‘Fish Eagle’ on Lake Malawi
Maldeco Fisheries says it is investigating the circumstances that led to the sinking of its multi million new vessel on Lake Malawi in Mangochi Monday night. The vessel, named The Fish Eagle, sank...
View ArticleMalawian Airlines commences Harare flight
Barely a week after launching its local flight between Lilongwe and Blantyre, Malawian Airlines has now crossed the domestic boarders by introducing the Harare route. The Airlines successfully...
View ArticleAirtel Malawi presents K3million to SOS Childrens Home
Airtel Malawi on Thursday handed over a K3 million cheque to SOS Children’s Village Malawi to help in eduacating the youths especially orphans to become useful citizens thereby contributing in the...
View ArticleMr Price retail shop closing down in Malawi
Mr Price an upmarket retail shop is closing down barely five years after it opened in Malawi. One of the employees at Mr Price Shop at Ginnery Corner in the commercial city if Blantyre confirmed the...
View ArticlePaladin job cuts in Malawi: Production suspended, Kayelekera mine to be shut...
Paladin Africa Limited employees working at Kayelekera Uranium Mine in the northern Malawi are to be laid off and the mine is heading for shut down. The mine which will remain with a few skeleton staff...
View ArticleMaldeco cautious of adverse effects on Lake Malawi’s environment
The Foods Company Limited (FCL), formerly Maldeco Fisheries, says it is taking all necessary measures to ensure that there are no long term adverse effects on the environment surrounding the area where...
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