banner
banner
Category archives for: BUSINESS

Malawi In rail concession review after due diligence raises concerns

zambia malawi  railway

Written By Marcel Chimwala Malawi is finalising a review of the concession of the country’s rail operator, Central East African Railways (CEAR), to ensure the company, which has incorporated Brazilian mining giant Vale Emirates as a major shareholder, is entirely responsible for the operation, maintenance and development of the railway network in the country. Malawi [...]

International Agricultural Fund Gives Malawi US$45m

ndisale

By Justice Mponda The international Fund for Agricultural Development (Ifad) has approved a US$22.85 million loan and US$22.85 million grant to Malawi to help the smallholder farmers improve food security. Brave Ndisale, who is Malawi’s ambassador to Belgium and Permanent Representative to the United Nations Food and Agriculture Agencies in Rome and Ifad President Kanayo [...]

MRA Introduces GPRS Cargo Trucking System

mra_logo

Limbikani Mhura Moving with Time. The Malawi Revenue Authority (MRA) has introduced a GPRS aided Cargo Trucking System which will help importers follow their goods online. The innovation was introduced on Thursday at Mount Soche Hotel in Blantyre during activities to commemorate the World Customs Day which falls on 26th January every year. The system which [...]

Malawi Receive US$ 45.7 Million Loan To Boost Food Security

irrigation

The International Fund for Agricultural Development (IFAD) will provide a US$22.85 million loan and US$22.85 million grant to the Republic of Malawi to help smallholder farmers improve food security and reduce rural poverty in the country. Brave Rona Ndisale, Ambassador of the Republic of Malawi to Belgium and the Permanent Representative to the United Nations [...]

MRA to shut down 100 shipping and clearing companies.

mra_logo

By Elijah Phimbi. About 100 shipping and clearing companies risk being closed by Malawi Revenue Authority-MRA a body entitled to collect taxes and revenues for Malawi government, Malawi Voice has established. This has been disclosed by a clearing agent working at one of the shipping and clearing companies in Lilongwe (name withheld) who stormed Malawi [...]

Mining to Became Malawi’s Biggest Foreign Currency Earner

mining

With tobacco production slumping, experts believe mining is poised to become Malawi’s biggest foreign currency earner. Tobacco presently accounts for 70 percent of Malawi’s foreign currency receipts but production has been on a downward curve. According to the Department of Mining and Geological Survey, a state campaign to attract mining investors is paying dividends with [...]

Mapeto David Whitehead Invests Mk3 Billion in New Machine

mg_0356

By Austin Kakande The country sole textile producer, Mapeto David Whitehead & Sons has invested Mk 3 billion in a new machine. This, according to the company’s general manager Martin Mpata, would see its exports moving from 33 percent to 55 percent. Mpata said the new machine, which has been purchased from Korea, would be [...]

Government Engages Serious Talks With IMF

malawi kwachas

The International Monetary Fund (IMF) and the Malawi government are currently engaged in negotiations that will hopefully result in getting Malawi’s Extended Credit Facility (ECF) back on track. As it stands, Lilongwe is not receiving external aid from the IMF, other international financial institutions and independent donors, who have cited poor governance and political repression [...]

Fuel Scarcity: Let’s Rent Our Fertile Land to Middle East Countries for Barrels of Fuel-DD Phiri

mafuta abvuta pa malawi

By Austin Kakande Celebrated historian and economist Desmond Dudwa Phiri says Malawi should try renting some of its fertile land to the Arab world in exchange of fuel. Writing on his Economic & Business Forum in the Monday’s edition of The Nation, the economist, who is popularly known as DD Phiri, said Middle East countries [...]

MEC Training MPLC’s on Election Conflict Management

msosa

By Limbikani Mhura The year 2014 when the country will hold general elections may seem far away but the Malawi Electoral Commission (MEC) has already started preparing for the polls. MEC has meanwhile stated training trainers to train the Multi Party Liaison Committees (MPLC) in the districts on how they can deal with conflicts arising during [...]

Archives

Photo Gallery

Log in | Designed by Malawi Voice