Month: January 2020 Posts

Mutharika says his government has transformed lives in Malawi

Jan 23, 2020 Mwayi Mkandawire 0 &

President Peter Mutharika says there are visible signs that the changing economy has led to transformation of lives in Malawi, citing motorcycles which young people in rural areas are buying. Mutharika made the remarks at… ...

Agriculture sector contributes 30% to Malawi’s GDP

Jan 11, 2020 Daniel Sapuli 0 &

Minister of Agriculture, Irrigation and Water Development Kondwani Nankhumwa says the agricultural sector provides 90 percent of export earnings which contributes 30 percent to the Gross Domestic Product (GDP) of Malawi. Nankhumwa revealed this on… ...

NSO conducting census on economic activities

Dec 31, 2018 Bright Malenga 0 &

The National Statistical Office (NSO) is conducting a Census of Economic Activities which will provide up to date information and comprehensive data on the activities and structure of the Malawian economy. The exercise which commenced… ...

Hunger alert: Malawi’s maize production goes down

Aug 31, 2018 Luke Bisani 1 &

Malawi's Ministry of Agriculture Irrigation and Water Development has disclosed that maize production has gone down, a development that poses a risk of hunger in the country. Through its final survey, the ministry has disclosed… ...

JTI stresses need to end child labour

Aug 30, 2018 Martha Chikoti 0 &

JTI Malawi Limited has stressed the need to combat child labour in the tobacco industry in Malawi. JTI has been funding the Achieving Reduction of Child Labour in Support of Education (ARISE) project since 2011.… ...

Ending GBV through Banki Mkhonde

Jul 23, 2018 Chikondi Magalasi 0 &

Concern Worldwide has encouraged Malawians to join Village Savings and Loans (VSL) groups locally known as Banki Mkhonde so as to curb levels of gender based violence (GBV) in the communities. This was mentioned on… ...

Youths told to participate in politics

Jun 04, 2018 Archangel Nzangaya 1 &

Youths in the country have been urged to actively start participating in politics to bail out Malawi's poor economy. Public relations officer of Umodzi Party Pemphero Mphande made the call saying the country's economy can… ...

World Bank says there is improvement in Malawi’s business environment

Jun 01, 2018 Martha Chikoti 0 &

World Bank has said there is improvement in the business environment due to tight monetary stance by the Reserve Bank of Malawi. This was said by the World Bank Country Manager   Greg Toulmin during knowledge… ...

Reserve Bank warns companies on pension

May 01, 2018 Martha Chikoti 0 &

The Reserve Bank of Malawi (RBM) has warned companies that do not remit money deducted from employees to pension administrators that they will be prosecuted. RBM governor Dalitso Kabambe issued the warning on Monday when the… ...

I have done wonders for Malawi – Mutharika

Apr 27, 2018 Malawi24 Reporter 1 &

President Peter Mutharika has claimed that Malawi is the first country in Africa to turn around its economy in three years without donor support. According to Mutharika, Malawi has achieved macro-economic stability and the economy… ...

Malawi inflation rate soars to 9.9 percent

Apr 18, 2018 Malawi24 Reporter 3 &

Malawi’s inflation rate rose to 9.9 percent in March from 7.8 percent in February. The figures released by National Statistical Office (NSO) show that the inflation rate for March is the highest since July, 2017.… ...

Tobacco rakes in K4 BN in first week

Apr 17, 2018 Malawi24 Reporter 0 &

Malawi has sold tobacco worth US$5.7 million (about K4 billion) in the first week of the tobacco marketing season. According to the Tobacco Association of Malawi, the US$5.7 million has been made from the sale… ...

Tax outflows, debt cripples Malawi’s growth

Apr 16, 2018 Collins Mtika 0 &

Malawi is struggling to address loss of revenues due to smuggling of minerals, unregulated artisanal and small-scale mining activities, under declaration of taxable income and transfer mispricing by mining companies. Reserve Bank of Malawi statistics… ...

APM says Malawi’s economy favourable for investors

Apr 11, 2018 Bright Malenga 5 &

President Peter Mutharika has said the country’s economic stability is favourable for foreign investments. Mutharika made the remarks at Kamuzu Palace in Malawi's capital, Lilongwe during a meeting with Norwegian Minister of International Development Nikolai… ...

Women continue to face economic challenges – World Bank

Apr 08, 2018 Martha Chikoti 0 &

World Bank says women continue to face different challenges that prevents them from undertaking economic activities. According to World Bank's Women Business and Law report for 2018, women are facing widespread barriers, entrenched in laws… ...