Latest Malawi and World Business, Finance, and Economic News

Malawi government in hot soup!

Nov 12, 2015 Thula Chisamba 22 &

Timber buyers in Chikangawa forest have sued government for detaining their trucks which carried timber they bought before the closure of the forest. One of the buyers who confirmed this, said they were surprised to… ...

‘You are stupid, mache**e ako!’ Mulli goes mad at journalist

Nov 11, 2015 Aubrey Makina 140 &

Business magnet Leston Mulli lost his cool at a journalist when he was asked why he was absent at this year’s Mulhakho wa Alhomwe. In a clip that has gone viral which Malawi24 has listened… ...

Mzimba market authorities under fire

Nov 11, 2015 Thula Chisamba 0 &

Traders at Matabwa market in Malawi's Mzimba district have expressed mistrust with their chairman Albert Chisiza alleging that he is masterminding corrupt activities. Speaking to Malawi24 on Monday, some vendors maintained they hate Chisiza's leadership… ...

Malawi to have largest rice factory in Southern Africa

Nov 11, 2015 Luke Bisani 62 &

Malawi is set to have the largest rice factory in southern Africa country in Nkhotakota district as one way of increasing exports from this country. The multimillion rice factory at Mpamatha in Nkhotakota will ready… ...

Malawi told to revoke licenses over Lake Malawi oil exploration

Nov 09, 2015 Aubrey Makina 30 &

…Malawi government does not own the lake The problems associated with drilling oil on Lake Malawi have resurfaced with the new claims challenging Malawi that they need to revoke the licenses they gave to Surestream… ...

Minister blames DPP over ESCOM failures

Nov 09, 2015 Aubrey Makina 80 &

The government of Peter Mutharika has been urged to check the failures of ESCOM or risk facing a popularity loss and a public resentment. According to Minister in the UDF regime who was also a… ...

Malawi Govt drilled on IMF fiscal tips

Nov 09, 2015 Victoria Milanzi 3 &

Economic experts in the country have called on the Government to abide by the advice given by the International Monetary Fund (IMF) on miscellaneous fiscal advices. Economics Association of Malawi (ECAMA) Executive Director Henry Kachaje… ...