MHC rentals hike July 1: Malawi landlords to follow suit
Tenants of the Malawi Housing Corporation (MHC) will from July this year dig deeper into their pockets following the corporation’s rental hike. MHC General Manager, Wezi Mkandawire has not indicated...
View ArticleMinister warns ‘illegal tenants’ in MHC houses
Minister of Lands, Housing and Urban Development Paul Chibingu has issued a stern warning to Malawi Housing Corporation (MHC) tenants who illegally sublet their houses to other people, saying...
View ArticleActivist Mfiti says Malawi oil exploration breaching international convention
Malawi risks being blacklisted for failure to comply International Conventions, according to an environmental activist in Southern Africa, Godfrey Mfiti who is also the Director of Institute of...
View ArticleNational Bank of Malawi posts K14.bn profit
One of the commercial banks in the counntry, National Bank of Malawi (NBM) has announced it has raked in K 14.5 billion profit after tax in 2014 up from K12.7 billion earned in 2013, representing a...
View ArticleMwapasa appointed new board chair at Malawi Revenue Authority: Replaces...
Malawi government has appointed a new board chairperson of the Malawi Revenue Authority (MRA) who will oversee the tax collection body for the next three years. She is Evelyn Mwapasa. Bachelor of...
View ArticleMahtani demands US$1m from Nyasa Times, arrested in Zambia on forgery charges
Finance Bank chairman Dr. Rajan Mahtani who is demanding One Million United States Dollars (US$1,000,000.00) from Nyasa Times as damages in a defamation claim for a column the news site published...
View ArticleMalawi CSOs petition Egypt, France on climate change
A coalition of Malawian civil society organization working on climate change and food security have petitioned the Egyptian and French governments to lobby them on the forthcoming Paris climate change...
View ArticleMalawi, World Bank sign MK36bn disaster loan
Malawi Government Wednesday officially signed the US$ 80 million (about MK 36 billion) loan for the Malawi Floods Emergency Recovery Project following the floods and dry spell that have befallen the...
View ArticleChina donates K18m towards Malawi Investment Forum
The People’s Republic of China has donated over K18 million to the Malawi Government through Ministry of Trade and Industry for the Malawi Investment Forum (MIF) which will take place on 29 – 30 June,...
View ArticleTNM dishes out motorised tricycles in Tikolore Promotion
Four TNM customers have won motorised tricycles in the on-going Tikolore promotion which aims to celebrate the current harvest season and help Malawians prepare for the coming farming season. Eight...
View ArticleStandard Bank Malawi sustains profit momentum: Net profit up at K12.289 billion
Despite a difficult operating environment characterized by high interest and inflation rates which hampered borrowing and consumption, Standard Bank has announced sustaining its healthy profit record....
View ArticleJustice Mwaungulu orders review of Mulli assets : Malawi Savings Bank saga
Supreme Court through Justice Dunstain Mwaungulu has has vacated an injunction obtained by Mulli Brothers Limited stopping Malawi Savings Bank (MSB) from selling its properties and has ordered both...
View ArticleChinese make jobs in Malawi, not take them -Ambassador
China Ambassador to Malawi, Zhang Qingyang, has said Chinese are not taking jobs for Malawians but are creating employment in the country and contributing to economic development. There have been...
View ArticleMalawi assures American investors on security
President Professor Peter Mutharika Thursday assured American investors that the country will provide security to their business. Speaking at Kamuzu Palace in Lilongwe during the meeting with...
View ArticleMalawi donors decry low utilisation of funds from$100 fund: Cisanet says...
The Donor Committee on Agriculture and Food Security (DCAFS) has asked for the intervention of the Minister of Agriculture, Irrigation and Water Development Dr. Allan Chiyembekeza on the weak financial...
View ArticleFacebook launches new ‘lite’ app: Nyasa Times in it for Malawi
Malawians who struggles to access Facebook due to slow internet connectivity have something to smile about as Facebook has launched a new version of its social network app, designed to give access to...
View ArticleChina Xinwei Telecom to roll out in Malawi: Xu meets Mutharika
A Chinese telecommunication firm, Beijing Xinwei Telecom Technology Inc., will soon roll out in Malawi to offer cost-effective communication technologies to the rural masses according to the company’s...
View ArticleMalawi companies to benefit from Africa trade deal: Mutharika to sign accord...
The Minister of Trade and Industry Joseph Mwanamvekha has said the Tripartite Free Trade Area (TFTA) which 26 African countries are launching this Wednesday in Egypt to create a common market across...
View ArticleMalawi banks struggling to meet liquidity requirements
Some commercial banks in Malawi are struggling to meet their minimum liquidity regulatory requirements with an analyst blaming it on the uncertainty in the sale of Malawi Savings Bank (MSB) which has...
View ArticlePress Corp ‘war': National Bank, TNM collide on mobile charges in Malawi
In a more like case of children of the same father fighting to get recognition, telecommunication giant TNM has withdrawn from National Bank of Malawi (NBM) mobile phone platform after disagreements on...
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