June 21, 2023
Malawi: U.S.$2.6 Billion Secured From Afrexim Bank for Mega Farms, Development Projects
President Dr Lazarus McCarthy Chakwera arrives home from Ghana with US$2.6 billion (K2.6 trillion) which he has successfully secured from Afrexim Bank to finance construction of… Read more »
June 20, 2023
Malawi: Local Contractors, Quarry Miners Want 30 Percent M1 Rehabilitation Works
Scores of local contractors and quarry miners fear may not be subcontracted 30 percent of rehabilitation works on the M1 road-- between Lilongwe and Rumphi--awarded to Chinese… Read more »
Malawi: Mulli in Ghana for Afrexim Bank Anniversary Celebration
Malawian business maestro, Leston Mulli is in Accra, Ghana where he is to make an address at the 30th anniversary celebration of African Export Import Bank -Afrexim Bank. Read more »
Malawi: Afrexim Bank Considers Restructuring Malawi's U.S.$850 Million Debt
Afrexim Bank officials say they will consider restructuring a US$850 million debt Malawi has with the bank and the Trade and Development Bank to allow the country secure an IMF… Read more »
Malawi: Chakwera Discusses Mega Farms Funding With Afrexim Bank
President Dr Lazarus McCarthy Chakwera has extensively discussed with Afrexim Bank on mega farms funding, the Tonse Alliance flagship campaign promise which is expected to create… Read more »
Malawi: Chakwera Meets Afrexim Bank Officials Over DPP Administration Toxic Loans
President Dr Lazarus McCarthy Chakwera on Sunday met Afrexim Bank officials to discuss repayment of the toxic loans the Democratic Progressive Party (DPP) led government took which… Read more »
June 19, 2023
Malawi: Local Authorities Call for Mw2063 Realization Funding, Government Demands Efficiency
Local government authorities, faced with the problem of inadequate funds compounded by the absence of fiscal devolution from the central government, have asked for more financial… Read more »
June 15, 2023
Malawi: Court Removes Injunction On Salima Sugar Board, Reinstates Newly Appointed Chair
The High Court has removed an injunction obtained by former Salima Sugar board chairperson stopping the newly appointed board from operating. Read more »
Malawi: Illovo, Govt At Loggerheads Over Sugar Prices
Government has ordered Illovo Sugar Limited to reduce the price of sugar in the country within seven days. Read more »
June 09, 2023
East Africa: Chakwera Pushes for Economic Integration Among Comesa Member States
Malawi President Dr. Lazarus McCarthy Chakwera has emphasized the need for economic integration among Common Market for Eastern and Southern Africa (COMESA) member states. Read more »
June 07, 2023
Malawi: Govt Reaffirms Commitment to Producing High Skilled Labour Force
The Malawi Government, through the Minister of Education, Science and Technology, has reaffirmed its commitment to producing high skilled and talented labour force to spur social… Read more »
June 06, 2023
Malawi: Malawi Investment Summit 2023 Touches On Importance of Energy Sector to Further Economic Growth
Malawi Investment Summit 2023 -- that attracted high-level local and international delegates and key economic stakeholders that included presence of President Lazarus Chakwera --… Read more »
Malawi: Malawi's Small-Scale Sugarcane Grower Cooperative Wins Global Sustainability Award
Sustainable Agriculture Initiative (SAI) Platform has bestowed Malawi's Phata Sugarcane Outgrowers Cooperative with its inaugural 'Growing a Better Planet Award' -- under the farm… Read more »
June 01, 2023
Malawi: Minister Hara Appeals for Quality in Construction Sector
The Ministry of Transport and Public Works has expressed dissatisfaction over lack of innovation and creativity by contractors and designers as well as continued substandard… Read more »
Malawi: Mnangagwa in Malawi to Boost Trade, Investment Between Zimbabwe, Malawi
Zimbabwean President Emmerson Mnangagwa has arrived in the country for a three day state visit which authorities say will boost trade and investment between Zimbabwe and Malawi. Read more »
May 30, 2023
Malawi: Wine Festival to Encourage Businesses for Malawi's Economic Growth
Wine &Wings--a renowned wine company providing individuals and businesses with top-notch wines and craft beers--is this week hosting its second annual Wine Festival in… Read more »
Malawi: Govt Mandates National Food Reserve Agency to Buy Maize On Behalf of Admarc
Government says it has given K6 billion to National Food Reserve Agency (NFRA) to start buying maize. Read more »
Malawi: Develop Positive Perception Towards Bank Loans, NBM Urges SMEs
Bank of the nation, National Bank of Malawi (NBM) Plc has urged Small and Medium Enterprises (SME's) in the country to develop a positive perception towards bank loans which are… Read more »
May 29, 2023
Malawi: Mkango Subsidiary to Acquire 100% of UK-Based Rare Earth Magnet Recycler Hypromag
Maginito, a 90 percent owned subsidiary of Mkango Resources Limited a TSX.V and Aim stock exchange listed company, has entered into an agreement to acquire 100 percent of the… Read more »
May 25, 2023
Malawi: Chakwera Says Malawi Is Next Biggest Investment Destination
President Dr Lazarus Chakwera is predicting Malawi will be the next biggest investment destination in Africa and beyond. Read more »
May 24, 2023
Malawi: Internet Connectivity Key to Improving Malawi's Agricultural Productivity, Commercialization-Macra
Malawi Communications Regulatory Authority (MACRA) has said there must be concerted efforts aimed at ensuring there are right initiatives and incentives to connect farmers to… Read more »
Malawi: IMF Rates Malawi Poorly On First Review of Extended Credit Facility Qualification
The International Monetary Fund (IMF) has poorly rated Malawi on the first review of the Malawi staff monitored program, the first step towards the qualification for extended… Read more »
May 22, 2023
Malawi: NBS Bank Introduces 'Open Banking'
NBS Bank has introduced 'open banking', a form of integrational banking that allows other banks and financial institutions to integrate with its system for various payments to… Read more »
May 18, 2023
Malawi: Chakwera Calls for Speedy Certification Processes to Promote SMEs
President Dr Lazarus McCarthy Chakwera has called upon authorities at the Malawi Bureau of Standards (MBS) to ensure speedy certification processes, stressing that this is key in… Read more »
Malawi: 2023 ICT Expo Opens With a Call to Learn, Connect, Embrace Digital Technology
The 2023 International ICT Expo has opened in Lilongwe with a call to Malawians to learn, connect and embrace the power of digital technology to build a more resilient and… Read more »