Illovo Malawi reduce sugar prices, records highest profits
Illovo Sugar (Malawi) has announced a reduction of sugar prices by an average of 5% owing to the appreciation of the kwacha. The company says the ex-mill prices of sugar have been reduced by an average...
View ArticleMalawi 2013/14 budget leaves the poor with tax load- – Centre for Social Concern
The Centre for Social Concern (CfSC) , a Malawian research organization, has described the tax incentives extended by Finance Minister Ken Lipenga to various sectors of the economy in the 2013/14...
View ArticleMalawi group says tax policy is retrogressive to citizens, economy
Faith based group, the Centre for Social Concern (CfSC), which focussed on the economic wellbeing of Malawians has said tax policy adopted by government in the 2013/14 national budget is retrogressive...
View ArticleJB lures China Development Bank, Huawei Tech to invest in Malawi
Malawi President Joyce Banda who is currently in China on official visit has met officials of Huawei Technologies and beckoned them to invest in the southern African nation. During the meeting, the...
View ArticleMalawi inviting airline business: Qatar, Emirates show interest
Malawi government is inviting some airline business into the country after clearance by the Organisation of Civil Aviation, declaring Kamuzu International Airport in the capital Lilongwe fit for all...
View ArticleShare trades increase by over 1,000% at Malawi Stock Exchange
The Malawi Stock Exchange (MSE) says volumes of shares for the month of May, 2013 have increased by 1170.77 percent. MSE’s monthly market report said from 1st May to 31st May, 2013 a total of...
View ArticleThree African airlines introduce new flight paths to Malawi
Tourism in Malawi is expected to gain an additional boost as more and more airlines chart new flight paths to the land-locked southern African country. The move increases the possibility of dual...
View ArticleIllovo Malawi abolishes sugar distributors, quotas
Illovo Sugar Malawi Limited says it has now liberalized local sugar distribution and is now allowing anyone interested to participate in the selling of the product. The company said the public is free...
View ArticleMalawi fuel prices slashed again: Govt warns against defying call for price...
uel prices went down effective on Thursday, Malawi Energy Regulatory Authority (Mera) has announced. The energy regulatory body said petrol prices is down from K694.30 to K680.80 per litre, diesel...
View ArticleMalawi leader JB addresses first China-South Asia exposition
Malawi President Joyce Banda, who on Friday winds up her official to the People’s Republic of China, addressed the First China-South Asia Exposition and Twenty First Kunming Import and Export Fair, in...
View ArticleMalawi engages international legal experts in drafting mining deals
The Government of Malawi has engaged foreign legal expertise to assist the Ministry of Mining in the drafting and subsequent negotiations of the niobium project in Kanyika in Mzimba. The experts, led...
View ArticleReserve Bank of Malawi cancels Treasury Bills auction
The money market experienced an unusual occurrence this week as the Reserve Bank of Malawi (RBM) cancelled auction on treasury bills. This happened at the auction held on June 4 in what the central...
View ArticleChikaonda, TNM board get 125% pay rise as subscribers soar
Professor Mathews Chikaonda, as Board Chairman of Telekom Networks Malawi (TNM), and non-Executive Directors have awarded themselves 125 remuneration hikes, which has been approved with reservations by...
View ArticleMalawi forex reserves still below 3 months cover
The Reserve Bank of Malawi (RBM) says gross official reserves for the country were at $343 million as of last week. Some analysts say the status of foreign currency reserves shows a positive trend...
View ArticleMalawi commentators downplay govt claims on economic recovery: ‘Too early to...
Malawi’s economic and business commentators Vitima Mkandawire and Henry Kachaje have described as insults government claims that the country’s economy has recovered due to the appreciation of the local...
View ArticleCarlsberg Malawi launches Facebook page with party
Carlsberg Malawi on Friday launched their Carlsberg Facebook page at Kaya Launge in Blantyre. This is the first foray onto the digital platform for Malawi’s beloved beer brand. Carlsberg Malawi’s...
View ArticleLilongwe car spare parts dealer gets ‘early wedding present’ from Airtel Malawi
A Lilongwe based car spare parts dealer Brian Sorey has emerged winner in the ongoing Airtel Malawi Bola Kunthazi Promotion by claiming a ninth Toyota Hilux during the draw held at the company’s head...
View ArticleCommoners still grappling to survive in Malawi – Centre for Social Concern
The majority of Malawians in urban areas are still finding it hard to make ends meet as the cost of living for a family of six continues to be high than their income. Most of such households monthly...
View ArticleMalawians tipped on financial freedom
Malawian business and financial market’s entity, Alliance Capital Limited, has gone out of it way to offer the public lessons in personal economic management to gain financial freedom. The company is...
View ArticleMpamba TNM mobile money goes wider
TNM Central Regional Finance Manager Sumaice Musamaleke says TNM Mpamba wallet which was launched early May this year has helped to ease hassles to the poor. The TNM Mobile money in connection with...
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