World

2015/2016 National Budget: Mw Govt To Increase Salaries Of Junior Public Servants

2015/2016 National Budget: Mw Govt To Increase Salaries Of Junior Public Servants

Minister of Finance Economic Planning and Development, Dr Goodall Gondwe Friday announced in parliament that government would increase salaries for junior public servants from December this year. This, Gondwe said is one of the main feature of the  2015 /2016  national budget and is going to push up the wage bill from MK198.0 billion in […]

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 […]

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 […]

Malawi VP Gets Global Recognition: Appointed To International Body On Eliminating Hunger And Malnutrition

Malawi VP Gets Global Recognition: Appointed To International Body On Eliminating Hunger And Malnutrition

Malawi Vice-President Saulos Chilima has been appointed to serve on an international body that seeks to support countries eliminate hunger and malnutrition, his office announced yesterday in a statement. The statement said Chilima will serve as a member on the Leadership Council of Compact 2025 under the International Food Policy Research Institute (IFPRI) based in […]

Malawi Rejects UN Homosexuality, Death Penalty Calls

Malawi Rejects UN Homosexuality, Death Penalty Calls

The Malawi Government has rejected from 41 state parties of the United Nations, recommendations that suggest decriminalisation of homosexuality and activation of the death penalty. This was disclosed in Lilongwe Wednesday by the country’s Minister of Justice and Constitutional Affairs, Samuel Tembenu, who led the delegation that went to Geneva, Switzerland, where Malawi underwent a […]

MK36 billion World Bank Loan To Benefit All Malawians – Finance Minister Goodal Gondwe

MK36 billion World Bank Loan To Benefit All Malawians – Finance Minister Goodal Gondwe

Government has assured that all the 2015 disaster affected areas will accordingly benefit from the Malawi Floods Emergency Project under which Malawi has been offered a US$80 million (about MK36 billion) loan by the World Bank. This was asserted in Parliament Tuesday afternoon by Minister of Finance, Economic Planning and Development, Dr Goodall Gondwe, during […]

Britain Endorses MSB Sale: Private Businesses Better Placed To Run Banks-Nevin

Britain Endorses MSB Sale: Private Businesses Better Placed To Run Banks-Nevin

British High Commissioner Michael Nevin has urged the Malawi Government to be decisive on the proposed disposal of State-owned commercial bank, Malawi Savings Bank (MSB), to maintain the stability of the financial sector. He said, in an interview in Lilongwe on Friday, that ‘toxic’ loans should be dealt with as part of that process to […]

Malawi President Mutharika, BBC Mourn Tenthani: ‘I Will Remember Him As A Man Of Immense Talent’

Malawi President Mutharika, BBC Mourn Tenthani: ‘I Will Remember Him As A Man Of Immense Talent’

Malawi President Professor Arthur Peter Mutharika has paid tribute to celebrated columnist and journalist Raphael Tenthani who died in a road accident last evening. He passed away last night in a motor accident. His two sons and a cousin who were with him in the vehicle survived the accident. And writing on his official Facebook page, […]

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