economy Archives

US$80 million from World Bank will provide Malawi with needed forex, says Chakwera

Dec 15, 2023 Chikondi Daza 0 &

President Lazarus Chakwera says the immediate release of US$80 million (about K135 billion) by the World Bank will provide the Reserve Bank of Malawi (RBM) with needed forex to boost import cover. Chakwera made the… ...

TNM yakweza mitengo ya mabandulo ake oimbira komanso a intaneti

Dec 14, 2023 Gracious Zinazi 0 &

Patangopita masiku ochepa kampani ya lamya za m'manja ya Airtel Malawi itakweza mitengo yogulira ma bandulo ake, nayonso TNM yakweza mitengo yake ndi K20 pa K100 iliyonse. Malingana ndi uthenga omwe kampaniyi yatulutsa yati yachita… ...

Chakwera thanks World Bank for restoring direct budget support

Chakwera thanks World Bank for restoring direct budgetary support

Dec 14, 2023 Malawi News Agency (MANA) 0 &

President Lazarus Chakwera has expressed gratitude to World Bank for restoring direct budgetary support and investors' confidence in Malawi’s economy. He was speaking in Lilongwe Thursday, during the signing ceremony of US$137 million budgetary support… ...

CFTC warns traders against agreeing on prices

Do not agree on prices with fellow traders even if you are selling tomatoes, CFTC warns

Dec 14, 2023 Chikondi Daza 0 &

The Competition and Fair-Trading Commission (CFTC) says it is against the law for traders selling similar products to agree on prices of their goods. This comes as the world was commemorating this year's World Competition… ...

President Lazarus Chakwera during the launch of the Katunga -Maseya (KAMA) cooperative Mega Farm in Chikwawa district in October 2023

Banki ya dziko lonse yayambanso kuthandiza Malawi

Dec 13, 2023 Ben Bongololo 0 &

Kwa nthawi yoyamba tsopano kuchokera mchaka cha 2017, banki yayikulu pa dziko lonse ya World Bank yalengeza kuti ipeleka thandizo loti lithandizile mundondomeko yazachuma mdziko lino. Ndipo padakali pano yapereka ndalama zokwana 137 miliyoni dollars… ...

Malawi Electricity workers protesting against low salaries

Escom workers protest against 10% pay increase, demand 44%

Dec 07, 2023 Mwayi Mkandawire 0 &

Electricity Supply Corporation of Malawi (Escom) are demanding a 44 percent pay increase, saying the 10 percent salary hike the company has implemented is unrealistic following the 44 percent devaluation of the Malawi Kwacha. Workers… ...

Malawi government and World Bank have signed a MK125 billion Malawi Social Protection Multi Donor Trust Fund (MDTF) which will support vulnerable people.

World Bank and Malawi Government sign MK125 billion agreement

Dec 07, 2023 Chikondi Daza 0 &

Malawi Government and World Bank have signed a MK125 billion Malawi Social Protection Multi Donor Trust Fund (MDTF) which will support vulnerable people. According to Malawi Government, the funding has been contributed by different donors… ...