Business Posts

No holds barred! A reflection on Gondwe’s K1.1 trillion budget

May 29, 2016 José Safarao 24 &

In his remarks at the beginning of his 77-page budget statement, Malawi's Finance Minister, Goodall Gondwe, decried what he described as “Western-style bonuses to top executives in the private sector,” and called them a major… ...

FedEx acquires TNT Express

May 27, 2016 Luke Bisani 0 &

An American global courier delivery services company FedEx Corporation has acquired TNT Express in a $4.8 billion deal. The two companies have been operating independently in Malawi and other countries across the globe. In a… ...

Mutharika tells RBM to close mediocre banks

May 25, 2016 Macmillan Mhone 74 &

President Peter Mutharika has called on the Reserve Bank of Malawi (RBM) to grow some teeth and close banks which are failing to provide good services to Malawians. The Malawi leader made the remarks when… ...

Kachere residents get rude awakening

May 24, 2016 Malawi24 Reporter 29 &

Kachere residents in Blantyre today had a rude awakening after a bulldozer demolished their houses and structures. According to reports, there was heavy police presence in the area when a Mota Engil bulldozer went about… ...

Just in: Beta TV wins super league beaming rights

May 23, 2016 Richard Jimu 73 &

Beta Television Station has been awarded exclusive broadcasting rights of Super League of Malawi games, Malawi24 can report. According to a press statement signed by the Super league of Malawi (Sulom) General Secretary, Williams Banda, the… ...

Pakistan national robbed in Ntchisi

May 21, 2016 Gladson Mbumpha - Citizen Journalist 42 &

Police in Ntchisi district are looking for unknown criminals who broke into a shop owned by a Pakistan national where they stole cash and items valued to K2, 001, 800. The incident happened during the… ...

GOTV subscription goes up

May 19, 2016 Lyonike Mughogho 109 &

Multichoice Malawi has announced a hike in subscription fee for DSTV's sister bunch of television providers, GOTV. The company introduced GOTV in Malawi in 2013 so as to help less privileged people access some DSTV… ...