economy Archives

US$1 billion high-tech teaching hospital to be constructed at KUHeS

Dec 02, 2022 Malawi24 Reporter 0 &

Amid reservations from various quarters over the US$6.8 billion Malawi has been promised to receive from Bridgin Foundation, Vice Chancellor for Kamuzu University of Health Sciences (KUHeS), Professor MacPherson Mallewa, has expressed joy that KUHeS… ...

Devaluation does not work in Malawi – European Union

Nov 30, 2022 Russell Kondowe 0 &

European Union (EU) Ambassador to Malawi Rune Skinnebach has said that devaluation of currency is pointless in a country with low exports like Malawi. Skinnebach said this in Blantyre during a media interaction with journalists… ...

Malawi gets $6.8 billion Grant from Belgium

Nov 28, 2022 Mike Kalumbi 0 &

President Lazarus Chakwera today presided over the signing ceremony of a $6.8 billion (K7 trillion) grant agreement with Belgium-based Bridgin Foundation. The grant will among others finance the production of up to 1000 megawatts of… ...

Mukang’amba ticket, kungani ina. Osaonetsa mtima onyanyala – Chakwera

Nov 27, 2022 Lindiwe Sambalikagwa 0 &

Mtsogoleri wa dziko lino a Lazarus Chakwera wati a Malawi ochuluka akudzinyonga kamba ka mtima wa chifooko. Polankhula ku Mzuzu pamene anapita kukapemphera, a Chakwera ati a Malawi sakuchedwa kufooka mu nyengo zowawa zomwe akudutsa.… ...

Azungu andidalira — Chakwera

Nov 22, 2022 Archangel Nzangaya 0 &

Mtsogoleri wa dziko lino a Lazarus Chakwera wati zomwe lapanga bungwe la IMF povomeleza kupeleka kudziko lino ndalama zokwana pafupifupi K90 billion, ndichisonyezo choti mabungwe akunja ayambiraso kukhulupilira dziko lino pansi paulamuliro wawo pakayendetsedwe ka… ...

ADMARC depots to open on December 1

Nov 22, 2022 Mwayi Mkandawire 0 &

Following pressure from activists and the opposition, Government through Minister of Agriculture Sam Kawale has announced that Agricultural Development And Marketing Corporation (ADMARC) will start selling maize in its depots on December 1. Kawale disclosed… ...

IMF approves K91 billion for Malawi

Nov 22, 2022 Mwayi Mkandawire 0 &

The Executive Board of the International Monetary Fund (IMF) on Monday approved a disbursement of US$88.327 million (K91 billion) to Malawi under the new Food Shock Window of the Rapid Credit Facility to help Malawi… ...