Month: July 2024 Posts

Let’s save Malawi, new Lingadzi Rotary President urges fellow members

Jul 29, 2024 Mike Kalumbi 0 &

The newly elected President of Lilongwe Lingadzi Rotary Club Limbani Kakhome has appealed to fellow Rotarians to work hard towards restoring Malawi’s glory through their charitable community works. He was speaking during his official inauguration… ...

Standard Bank launches new platform for growth conversations

Jul 27, 2024 Mike Kalumbi 0 &

Standard Bank has launched a new platform for growth conversations, through the platform, business captains, policymakers and other business experts will be coming together periodically to discuss issues that would contribute to the country's economic… ...

MRA Optimistic About Achieving K3.26 Trillion Target in Nine Months

Jul 26, 2024 Archangel Nzangaya 0 &

Although the Malawi Revenue Authority (MRA) fell short of its K748.11 billion collection goal for the first quarter of the 2024/25 financial year, it remains confident about reaching its K3.26 trillion target over the next… ...

Treasury applauds revamped Standard Bank Private Banking Services

Jul 25, 2024 Mike Kalumbi 0 &

The Ministry of Finance says innovative and bespoke banking services hold the key to achieving economic targets under Malawi's 2063 vision.  Secretary to Treasury Betchani Tchereni said such transformative offerings can contribute meaningfully to Malawi's… ...

Malawi’s economy faces disruptions due to unstable foreign currency reserves, NOCMA reports

Jul 23, 2024 Burnett Munthali 0 &

Malawi's economy is experiencing substantial disruptions as a result of unstable foreign currency reserves, which are insufficient to ensure a continuous supply of fuel.  The National Oil Company of Malawi (NOCMA) has highlighted this issue,… ...

2024 Tobacco Selling Season to End Early August

Jul 16, 2024 Martha Chikoti 0 &

The sales committee of Malawi's tobacco industry has proposed an early closure for the 2024 tobacco selling season, set at the start of August. According to Telephorus Chigwenembe, the Public Relations Officer of the Tobacco… ...

MRP says IMF, World Bank bar African countries from developing

May 20, 2024 Vincent Gunde 0 &

President and Commander in Chief of Muvi wa Chilungamo Revolutionary Party (MRP) Bantu Saunders Jumah, says the International Monetary Fund (IMF) and World Bank were established to stop African countries from developing. Jumah has noted… ...