economy Archives

Cashgate suspect accepts stealing K12 Million

Nov 03, 2015 Lindiwe Sambalikagwa 37 &

In the continued crackdown of Malawi's largest financial scandal, suspect Esnart Ndovi has pleaded guilty to charges of money laundering of funds amounting to K12.9m from the government in August 2013. With the move, Ndovi… ...

Malawi crisis: No food in public hospitals

Nov 03, 2015 Lyonike Mughogho 108 &

...situation blamed on Joyce Banda The well being of some Malawians admitted in different government hospitals in the central part of Malawi is under threat as media reports indicate that Dedza, Balaka, Chiradzulu and Ntcheu… ...

Mutharika coy on buying new jet

Nov 02, 2015 Archangel Nzangaya 23 &

The Malawi government led by President Peter Mutharika has made a U-turn on a purported move to procure a presidential jet , days after the media blew the whistle that there were plans for the… ...

Malawi business people lack knowledge- Mlombwa

Nov 01, 2015 Victoria Milanzi 9 &

The Indigenous Business Association of Malawi (IBAM) has faulted a lack of knowledge among business people for perpetrating low production of goods that can be sold on the international market. IBAM chairperson Mike Mlombwa said… ...

Malawi economic crisis hits Agriculture Ministry

Oct 27, 2015 Thula Chisamba 26 &

As Malawi government keeps working under pressure as admitted by Minister of Finance, Goodall Gondwe a few weeks go, emerging reports reveal that lack of resources is affecting operations at the Ministry of Agriculture. A source… ...

Livingstonia synod loses hope in mining deals

Oct 26, 2015 Thula Chisamba 11 &

The synod of Livingstonia say that it has lost hope in the country’s mining deals because they are not benefiting Malawians. Project officer in the synod Paul Mvula told Malawi24 recently that it is depressing… ...

Banker says the Kwacha must not be fixed

Oct 23, 2015 Victoria Milanzi 26 &

A player in the banking industry says that fixing the Malawi Kwacha is not a solution to the continuing depreciation of the local currency against the dollar. The Malawi Kwacha is faring well on the… ...