Investment advisory firms recommend FDH Bank shares
Four leading Investment Advisers have recommended to members of the public to purchase FDH Bank shares currently on offer saying they offer a great opportunity for a great return on investment in...
View ArticleNGO wants digital platforms in agriculture amid Covid-19
Farm Concern International, a non-governmental organisation (NGO), is advocating for extension workers to use digital platforms when discharging their duties in various communities in the face of...
View ArticleStandard Bank equips Malawi major hospitals with Covid-19 response equipment
As way of contributing towards the fight against Covid-19 pandemic, Standard Bank PLC on Wednesday donated assorted medical items valued at K90 million to Government of Malawi targeting the country’s...
View ArticleShoe making takes shape in Mchinji
Concerned Youth Organization (CYO) has trained youths in Mchinji in shoe making using locally available materials. The 30-day trainings which have been taking place in five Traditional Authorities...
View ArticleOld Mutual Malawi accused of ‘corporate sabotage’ over FDH shares
Old Mutual Investment Group has been accused of ‘corporate sabotage’ over the sale of FDH Bank shares after it released a report telling its pensioners not to purchase the shares even though Old Mutual...
View ArticlePlanning Commission proposes aligning Malawi national budget to development...
The National Planning Commission (NPC) director general Thomas Chataghalala Munthali, has said the commission’s involvement in the national budget consultations should be at planning stage for public...
View ArticleMalawi to slip into economic recession as Covid-19 takes its toll —NBM plc
Malawi could be heading for economic recession with gross domestic product (GDP) projected to contract by -3.5 percent as the financial toll of the coronavirus continues to escalate. A recession is a...
View ArticleMalawi Heritage magazine launches: Applauded by Chanco lecturer, Minister Mtambo
Zomba-based Infinity Media Group has launched a Malawi Heritage magazine which covers the country’s cultural heritage, ranging from traditional dances, food, language and health aspects. The magazine...
View ArticleFuture weed smoker
In the recent past, the world has been bombarded with news on marijuana’s health and recreational benefits. This new information on the future weed smoker is difficult to absorb for many people for two...
View ArticleHow the Casino trade could boost tourism to Malawi
Although Malawi has historically not been one of the most visited African countries, times appear to be changing. Over the last decade, tourism has grown steadily, with the last five years seeing a...
View ArticleFDH Financial Holdings posts K5.8 billion half year profit: Up 18 %
FDH Financial Holdings Limited (FDHFHL), the parent company of FDH Bank, has posted a profit after tax of K5.87 billion for the half year ended 30th June 2020 representing 18% increase from K4.96...
View ArticleMost Indians working at Salima Sugar Factory are illegal in Malawi
Salima Sugar Company has been accused of being dodgy employers hiring illegal immigrants from India after Homeland Security Minister Richard Chimwendo Banda’s visit to the factory on Tuesday after...
View ArticleGovt appoints board members for MRA, Reserve Bank of Malawi
Government has on Tuesday appointed new board members for Reserve Bank of Malawi (RBM) and Malawi Revenue Authority (MRA). This is barely three weeks after President Lazarus Chakwera dissolved boards...
View ArticleSparks at Msokho House but no fire, says Malawi Revenue Authority
The Malawi Revenue Authority (MRA) has allayed concerns that a fire broke out at its head office Msokho House in Blantyre, saying there were only “a spark” from a power extension in one of the offices...
View ArticleMalawi launches K5 billion project to improve agriculture productivity,...
Malawi is expected to benefit from a five-year Development of Smart Innovation through Research in Agriculture (DeSIRA) project, which seeks to improve productivity, profitability and sustainability of...
View ArticleChilima engages Escom, Egenco on power all day: Meets MBC top brass
Vice President Salous Chilima on Wednesday held a joint meeting with the top leadership of Electricity Supply Corporation of Malawi (ESCOM) and Electricity Generation Company (EGENCO) to ensure there...
View ArticleIndustry minister Kachale justifies visit to bakery
Industry minister Roy Kachale has taken up on Facebook to justify his recent visit to a bakery in Blantyre, saying major industries started out as Small and medium-sized enterprises (SMEs) before...
View ArticleMinister Kambala promised uninterupted supply of electricity: Phombeya...
Minister of Energy, Newton Kambala has said Electricity Supply Corporation of Malawi’s power substation at Phombeya in Balaka is earmarked to be upgraded for possible power interconnection with...
View ArticleInternet users slam TNM over data reduction claims
Internet users have slammed telecommunications provider, TNM for announcing that it has reduced data cost by 70 per cent when in fact internet charges remain exorbitantly high. The internet users say...
View ArticleBusinessman courts British Hemp investor, Aziz says 1 million jobs possible...
Malawian businessman and agriculture investor, Ibraham Aziz, says the Industrial Hemp industry has the potential to turn around the economic fortunes of the country within the next foreseeable future...
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