economy Archives

‘Malawi needs divine intervention’

Jan 18, 2016 Happy Arnold Soko 13 &

Deputy General Secretary of the CCAP Blantyre Synod reverend Moyenda Kanjerwa says Malawi needs divine intervention to get out of the current economic malaise. Kanjerwa who also ministers at Thawira Church made the remarks when… ...

Government faulted for snubbing local experts’ advice

Jan 18, 2016 Victoria Milanzi 3 &

One of Malawi’s economic commentators, Nelson Mkandawire, has expressed concern over the failure of government to take heed of advice from the country’s economic experts. Mkandawire was commenting on the closure of 20 People's Trading… ...

‘Malawi’s economy is in God’s hands’

Jan 17, 2016 Thula Chisamba 303 &

Minister of finance and economic affairs Goodall Gondwe has claimed that the future of economic stability in the country is in the hands of God. In an interview with Malawi24, Gondwe emphatically maintained that without… ...

Chitipa residents bemoan PTC closure

Jan 14, 2016 Lyonike Mughogho 39 &

Malawians in Chitipa district have expressed disappointment over closure of the sole People’s Trading Centre (PTC) retail shop in the district. PTC management embarked on a strategic move to boost business earlier this week, which… ...

Mining scandal involving trillions of money hits Malawi

Jan 12, 2016 Happy Arnold Soko 26 &

The mining industry which is touted to have the potential to pull Malawi out of its economic woes continues not to bear fruits as details of a fresh scandal involving trillions of Kwacha have emerged.… ...

Malawi Economic Crisis: Peoples Trading forced to close shops

Jan 11, 2016 Richard Jimu 159 &

At a time when Malawi’s economy continues to fall out, retail outlet Peoples Trading Center Limited says it will close 20 out of its 85 shops across the nation due to continued losses, Malawi24 can confirm.… ...

Malawi’s economy to stabilise

Jan 08, 2016 Victoria Milanzi 130 &

Economics Association of Malawi president Henry Kachaje says the economy of the country will be back on track in a few months. Kachaje, however, said this will happen if the country receives good rains and… ...