Business Posts

SkyBand donates K0.5 million to ICTAM

Sep 05, 2017 Andrew Cane Chilapondwa 0 &

With just a month to go before the much anticipated innovation forum by Information Communication Technology Association of Malawi (ICTAM), SkyBand Broadband has donated K500,000 towards the event which is scheduled to take place from… ...

Temwani Simwaka appointed Standard Bank acting CEO

Sep 04, 2017 Richard Jimu 0 &

Standard Bank Malawi has appointed Temwani Simwaka as the bank’s acting Chief Executive Officer (CEO). This follows the departure of Andrew Mashanda who has been given a new role within the Standard Bank Group. According… ...

Kwezy Buses owner fined

Aug 29, 2017 Archangel Nzangaya 0 &

The Malawi Revenue Authority (MRA) has released buses belonging to Kwezy Buses after the owner paid K31.2 million for using forged documents to clear the buses. The owner Benson Vitsitsi was ordered to pay additional… ...

South African Airways to stop flights to Malawi

Aug 28, 2017 Archangel Nzangaya 3 &

South African Airways (SAA) will stop flights to Malawi within the next few months as a way of saving money. In a bid to cut costs and stay afloat amidst the financial mess at the… ...

Stick to quota, tobacco farmers told

Aug 28, 2017 Luke Bisani 0 &

Tobacco Control Commission (TCC) in Malawi has urged tobacco farmers to stick to quota to avoid overproduction. TCC Deputy Chief Executive Officer (CEO) David Luka urged tobacco farmers to adhere to the limits of production… ...

FMB slashes interest rates

Aug 24, 2017 Luke Bisani 0 &

First Merchant Bank (FMB) in Malawi has disclosed that it has slashed interest rates effective today. This follows the announcement of a cut in interest rate to 18 percent by Reserve Bank of Malawi (RBM)… ...

Counterfeit money worries RBM

Aug 23, 2017 Luke Bisani 0 &

The Reserve Bank of Malawi (RBM) has expressed concern over counterfeiting of money arguing the malpractice affects the country's economy. Speaking at the launch of National Counterfeit Policy in Lilongwe on Tuesday, RBM Governor Dalitso… ...