Business

Former Scottish First Minister Lord Jack McConnel Hails Malawi’s ‘Responsible’ Budget, Meets APM

Former Scottish  First Minister Lord Jack McConnel Hails Malawi’s ‘Responsible’ Budget, Meets APM

Visiting former First Minister of Scotland Lord Jack McConnel has hailed as a responsible budget, the proposed 2015/16 national financial plan presented by Minister of Finance Goodall Gondwe in Parliament on Friday. Speaking to journalists after paying a courtesy call to President Peter Mutharika at Kamuzu Palace on Monday, McConnel said stability in the Malawi economy is […]

Kasungu Smiles, As Airtel Malawi Opens New Express Shop

Kasungu Smiles, As Airtel Malawi Opens New Express Shop

    Airtel Malawi has put yet another smile on the faces of people living in Kasungu as it has opened an Express shop signifying yet another business development mileage in the area. Kasungu is one of the biggest agro business centered area in the country with thousands of people making business transactions on a […]

Donors Impressed, As Gondwe Unveils MK901.6 billion 2015/2016 Budget

Donors Impressed, As Gondwe Unveils MK901.6 billion 2015/2016 Budget

Malawi Finance Minister, Dr Goodall Gondwe, Friday unveiled the 2015/2016 National Budget pegged at MK901,6 billion with key allocations of MK133.7 billion to agriculture, MK109.8 billion to education, and MK77.4 billion to health sectors. Gondwe said although the figure appeared to be higher in money terms than the 2014/15 financial year revised total expenditure of […]

APM Statement At The Official Opening Of The 27th Malawi International Trade Fair

APM Statement At The Official Opening Of The 27th Malawi International Trade Fair

STATEMENT BY HIS EXCELLENCY, PROF. ARTHUR PETER MUTHARIKA,  PRESIDENT OF THE REPUBLIC OF MALAWI AT THE OFFICIAL OPENING OF THE 27TH MALAWI INTERNATIONAL TRADE FAIR, ON 22ND MAY 2015, CHICHIRI TRADE FAIR GROUNDS, BLANTYRE.     Your Excellency the First Lady of the Republic of Malawi, Madam Gertrude Mutharika; Your Honour the Vice President, Saulosa Klaus Chilima […]

APM Opens 27th Trade Fair, Encourages ‘Buy Malawian Initiative’

APM Opens 27th Trade Fair, Encourages ‘Buy Malawian Initiative’

President Professor Peter Mutharika Friday morning officially opened the 27th Malawi International Trade Fair at Chichiri Trade Fair Grounds in Blantyre with a call for Malawians to support Small and Medium Enterprises-SMEs by buying Malawian products. President Mutharika said his Government recognizes the importance of SMEs and entrepreneurship as drivers of economic growth and poverty […]

CCJP Calls for Recovery Budget

CCJP Calls for Recovery Budget

The Catholic Commission for Justice and Peace (CCJP) has urged Members of Parliament to use the 2015/2016 Budget Session for the sustenance of the poor and the vulnerable by ensuring that the incoming fiscal plan is a recovery one. According to the organization, doing so would set a tone for fiscal development in the next […]

Malawi Set To Build New Port at Liwonde: To Reduce Cost Of Transporting Goods From Nacala Port

Malawi Minister of Transport and Public Works Francis Kasaila has said the Liwonde dry port to be constructed by Mota-Engil will reduce the cost of transporting goods from the port of Nacala in Mozambique into Malawi. Discussions between the Portuguese construction conglomerate, Malawi Government and others on the construction of the port are currently underway […]

Malawi To Have Multi-million Kwacha Rice Plant By July: Malawi Rice Is One Of The Best In The World

Malawi To Have Multi-million Kwacha Rice Plant By July: Malawi Rice Is One Of The Best In The World

Mtalimanja Holdings Limited (MHL) has said the construction of its $18.5 million (K8.3 billion) rice milling plant in Nkhotakota is on course. MHL managing director David Kamchacha told Business News on Monday that the project will benefit some of the selected rice schemes and farmers. The project, which is expected to be completed in July […]

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