Multichoice Malawi admits operating GOtv illegaly – Macra
Multichoice Malawi, a digital television services provider, has admitted that it did not follow the law and procedures in launching GOtv, according to the Malawi Communications Regulatory Authority...
View ArticleIMF insists on sustained tight economic policies in Malawi
The International Monetary Fund (IMF) has reiterated to Malawi that policy continuity is critical for curbing inflation and for a sustained recovery despite increasing calls from the civil services and...
View ArticleMalawi Parly adopts Personal Property Security Bill to help SMEs
Malawi Parliament Thursday adopted the Personal Property Security Bill which is aimed addressing challenges Small Medium Enterprises (SMEs) in accessing finances for the businesses. Speaking to the...
View ArticleLipenga says water, electricity tariff hikes justified
Malawi Government has backed the current water and electricity tariff hike saying it is the only way that will allow Electricity Supply Corporation of Malawi (ESCOM) and Water Boards to maintain...
View ArticleGov’t considered selling spare parts in saving Air Malawi from creditors -report
Government attempted to save the debt-ridden now-liquidated flag carrier Air Malawi by, among other things, trying to sell spare parts, it has been reported. The leaked document, a presentation to the...
View ArticleNyiombo slashes fertilizer prices owing to Malawi Kwacha strength
One of the country’s major local fertilizer suppliers, Nyiombo Investments, has lowered its price for the commodity following the continued appreciation of the Malawi Kwacha. The company has slashed...
View ArticleBullets FC win K5m in Malawi Carlsberg promotion
Malawi’s soccer powerhouse Big Bullets FC won the K5 million Carlsberg Win For Your Club Promotion proving that they are most supported team. The team won the K5million prize money during the grand...
View ArticleIllovo Malawi share price increasing due to billions of kwacha profit
Illovo share price increased by K5.50 from K179.50 to K185 at the Malawi Stock Exchange (MSE) this week due to what stockbrokers say is high demand of the company’s shares by investors after the K9...
View ArticlePay your tax in installment: Malawi vehicle importers told
The Malawi Revenue Authority (MRA) has given owners of about 190 motor vehicles currently lying at Songwe Boarder for failing to pay duty a lifeline by asking them to settle their outstanding dues in...
View ArticleBlantyre shop workers on strike for higher wages
Business in Limbe, a major shopping centre in Malawi’s commercial capital Blantyre was on Monday grounded to a halt following a sit-in strike by shop workers who were demanding higher monthly wages...
View ArticleNational Bank of Malawi warns of continued high interest and inflation rates
The country’s largest bank by assets, National Bank of Malawi (NBM) has warned that the combined effect of the tight monetary policy and weak fiscal performance is likely to maintain the high interest...
View ArticleEx-Malawi footballer Philip Madinga now new FDH Bank’s MD
Former Mighty Wanderers player and seasoned banker, Philip Madinga has been appointed as the new Managing Director of FDH Bank Limited effective July 4, 2013. FDH Bank Limited is a subsidiary of FDH...
View ArticleMalawi money market pressure alarms analysts
National Bank of Malawi (NBM) Capital says the ongoing oversubscription of Treasury Bills is indicating that there is little investment room on the money market or lack of innovation by players. In...
View ArticleNASME assures SMEs on loan accessibility: Malawi should be exporting country
National Association of Small and Medium Enterprises (NASME) has assured Small and Medium Enterprises (SMEs) in Blantyre that it will help them on loan accessibility from financial institutions....
View ArticleMalawi Stock Exchange in slight share price increases this week
The Malawi Stock Exchange (MSE) has reported minimal share price increases in only three counters as it closed business on Friday for Independence celebrations and a public holiday Monday. As the last...
View ArticleJumbe says Malawi economy surviving by chance
New Labour Party president and 2014 presidential hopeful Friday Jumbe assessment on the state of the Malawi economy was rife with full of contradiction through the remarks he made on Zodiak...
View ArticleLocal investors salivate on prospects to own part of Malawi Airlines
Some Malawians in the private sector have said they will try their luck to invest in the new airline company whose set up is being championed by the Private Public Partnership Commission (PPPC). The...
View ArticleKaronga district council bows down to vendors demand: Reduce market fee
Officials at Karonga district council in northern Malawi’s have bowed down to vendors demand and reduced the recently hiked market fee from K120 to K80 per day. The reduction has come few days after...
View ArticleKapichira Hydro Station ready August, to spur Malawi business growth —JB
President Joyce Banda says she will commission the first 32 mega watts (MW) machine rehabilitated at Kapichira in August. The President was saying this during a rally in Salima on Tuesday while...
View ArticleAirtel Malawi’s Fortuner grand prize winner revealed: Teen boy student
An 18-year-old man Makiyoni Kayuni, a Form One student at Iponga Community Day Secondary School based at Songwe in Karonga on Tuesday won the grand prize of Toyota Fortuner in Airtel’s Bola Kunthazi...
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