Malawi Kwacha gains against Dollar
The Malawi Kwacha held on to gains against the US Dollar due to the inflows from the tobacco trade - Malawi’s main foreign exchange earner accounting for more than half of all foreign exchange...
View ArticleEscom warns against advertising on its electric poles
The Electricity Supply Corporation of Malawi (ESCOM) has reiterated its warning to individuals and organizations that put up adverts on electricity poles saying the practice is dangerous. In a...
View ArticleKapito supports Malawi electricity tariff hike of 37%
Consumers Association of Malawi (Cama) has supported the move by Malawi Energy Regulatory Authority (Mera) to allow Electricity Supply Corporation of Malawi (Escom) hike its tariffs by 37.28 percent....
View ArticleMalawi justifies hiring of UK auditors Baker Tilly on Cashgate
The National Audit Office (NAO) has justified the hiring of British auditing firm, Baker Tilly to audit the Integrated Finance Management System (IFMS), stating the Malawi Government lacked funding to...
View ArticleStandard Bank Malawi strikes S$25m loan deal with UK financier
CDC Group plc (“CDC”), the UK’s development finance institution, has concluded a US$25 million loan to Standard Bank Malawi—a subsidiary of South Africa’s and Africa’s largest banking unit by assets,...
View ArticleStandard Bank brings transit goods insurance
As Malawi approaches the peak of its international trading season, Standard Bank is extending a transit goods insurance cover to its customers called TradeSure. TradeSure will be provided in...
View ArticleMalawi needs more electricity to develop its economy – JB
President Joyce Banda has emphasized on the need for the country to generate more electricity in order to boost the economic base. Banda made the remarks on Thursday in Lilongwe when she switched on...
View ArticleUnilever splashes K2m in ‘Omo wash and fly to Brazil’ promo
Unilever Malawi on Friday conducted the first draw of the “Omo wash and fly to Brazil” promotion which saw at least 31 customers winning prizes worth K2 million. The company recently launched the...
View ArticleMalawi inflation rate slows to 24.0 percent
Malawi’s consumer inflation as measured by the Consumer Price Index (CPI) slowed to 24.0 percent year-on-year in March, data from the National Statistical Office (NSO) showed on Monday. The inflation...
View ArticleAirtel Malawi in a ‘win-win’ Tisangalale @50 promo
As Malawi celebrates 50 years of Independence, Airtel Malawi is committed to make its customers smile through its Tisangalale 50 promotion where various prizes are splashed out with a Grand Prize of...
View ArticleMalawian Airlines slashes domestic fares to celebrate Easter
As part of celebrating with their customers during this year’s Easter Holiday, Malawian Airlines has slashed its fares for domestic route by 25 percent. Malawian Airlines Limited Public Relations...
View ArticleChina donates 533 solar mobile systems to Malawi
Chinese Government Wednesday handed over 226 solar powered street lighting systems to Malawi government and donated 533 solar mobile systems to Ministry of Health through Ministry of Energy. Speaking...
View ArticleMalawi shifts infrastructure to integrated rural development
Chief rural development officer in the Ministry of Local Government and Rural Development, Francis Sakala has said Government has shifted infrastructure development to integrated rural development to...
View ArticleLikoma Jetty might see light of day
The construction of Likoma Jetty, which has been a song since time immemorial, might soon be under construction after Likoma District Council and stakeholders recently agreed unanimously to construct a...
View ArticleEgyptian tobacco buyers jets in Malawi
A high level delegation of seven Egyptians Tobacco buyers have arrived in the country where they are expected to seal deals with Malawi based commercial tobacco buyers. Tobacco Control Commission (TCC)...
View ArticleKalondolondo rates Chikwawa average in public works programme
Programmes manager for Kalondolondo, Jephter Mwanza has rated Chikwawa not one of the best districts in execution of public works programme (PWP) emphasizing there are a number of issues that needs...
View ArticleStandard Bank scoops Restructure of the Year award: Helps Escom save millions
Standard Bank Limited has won the EMEA Finance award for the structuring advice it rendered to Malawi’s grid-power supplier – Electricity Supply Corporation of Malawi (ESCOM) Limited – which enabled...
View ArticleJB calls on Malawians to embrace drip irrigation
President Joyce Banda has called on Malawians to embrace drip irrigation describing it as one of the most efficient agriculture practices which have numerous advantages over other practices. Speaking...
View ArticleGermany pulls out of Malawi donor partnership: Gets ‘observer’ status in CABS
The Germany government has said it has decided to change its membership within the “Common Approach to Budget Support-Group” (CABS) to an observer status as it will no longer provide budget support for...
View ArticleMalawi earns US$38m tobacco forex first five weeks of sales
Malawi has earned K15 billion (about US$38 million) from tobacco sales during the first five weeks of the 2013/2014 marketing season, the Tobacco Control Commission (TCC) announced Tuesday. TCC chief...
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