
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 [...]
Feb 3 2012 | Posted in
BUSINESS |
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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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]