Month: May 2017 Posts

Poverty ripping off Malawi farmers

May 15, 2017 Luke Bisani 34 &

Poverty has left farmers with no option and selling crops at a low price is the only way they can get some money to buy basic needs. With reports of bumper yields that Malawi has… ...

Lenders trained on collateral registry

May 09, 2017 Victoria Milanzi 1 &

Financial institutions that lend money to small and medium businesses have been trained on accepting movable assets such as maize mills as collateral. The training was organised by the Ministry of Justice and Constitutional Affairs… ...

Mutharika happy with state of economy

May 06, 2017 Bright Malenga 86 &

President Peter Mutharika has said Malawi’s economy is now improving following a good harvest this year. Mutharika made the remarks during the official opening of 2017/2018 budget session at Parliament Building in Malawi’s capital city,… ...

Sigh of relief for Malawi: World Bank supports budget

May 05, 2017 Bright Malenga 79 &

The World Bank Board of Executive Directors have approved an $80 million credit to the Malawi Government for general budget support. This has been confirmed by a post on the World Bank's website. According to… ...

Take advantage of poor economy, Malawians told

Apr 20, 2017 Luke Bisani 16 &

A local business mentor in Malawi Daniel Walusa has urged citizens to take advantage of the country's economic malaise and start new companies. Speaking during a Christian Finance seminar that was held in Blantyre, Walusa… ...

Malawi asked to find an alternative to tobacco

Apr 16, 2017 Mphatso Khutcha Richard 0 &

A commentator has reiterated the need for Malawi to replace tobacco as the country’s highest forex earner following low prices at the market. The 2017 tobacco selling season opened last week but farmers sang the… ...

MPICO profits up

Apr 16, 2017 Bright Malenga 1 &

Malawi Property Investment Company (MPICO) Limited has posted K2 billion in profit for 2016, more than doubling its profit  recorded in 2015. According to a statement issued highlighting the results for the year ended December… ...