Standard Bank Malawi reduces base lending rate
One of the leading banks in the country, has reduced its base lending highlighting confidence that the financial sector has in the country’s economy. Standard Bank’s action is basically a...
Category Archives: Business
Neno Farmers Get Solar Irrigation Pumps
Small scale farmers under the 500-hectare Mtengula Irrigation Scheme in Neno have been provided with Solar Irrigation Pumps by the Malawian government to help them produce enough food throughout the ...
Minibus Drivers go on strike in Blantyre
Residents of Blantyre City had a rude awakening on Friday morning as Minibus Drivers and conductors in the city of Blantyre started to strike following new city regulations that heavily penalize amon...
PIL donates to Dedza District Hospital
Petroleum Importers Limited (PIL) has donated items worth K5 million to Dedza District Hospital. The items included emergency equipment such as nebulisers, vacuum extractors, Pulse oxi-meter and deli...
Society of Malawi re-elect whole executive
The Society of Malawi, a group which among others, aims at the promotion of interest in literacy, historical and scientific matters has given a fresh mandate to its whole executive during an Annual G...
Farmers Union criticizes govt ban on maize exports
The following is the full statement released by the Farmers Union of Malawi on May 17 2017: Farmer’s Union of Malawi observes with great concern the practice by government of imposing export ba...
Chiputula Youth Organization Changes Name
Mzuzu City based Chiputula Youth Organisation has changed its name to Save the Generations Organisation (SAGEO). Chairperson for SAGEO, James Mhango said the change of name is an indication that the ...
Number of guns increases in Northern Region
Police in the Northern Region have confirmed an influx of firearms mostly in the form of muzzle-loaders in Rumphi, Mzimba and Chitipa but could not directly comment on the actual number of guns and a...
Malawi Bureau of Standards warns traders
The Malawi Bureau of Standards (MBS) has warned traders of stiff punishment if found using counterfeit scales in their business transactions. The news is a relief to local customers and smallholder f...
UGI triumphs in insurance quiz
United General Insurance (UGI) last week emerged overall winners in the Insurance Institute of Malawi (IIM) quiz which started in December 2016. UGI beat Nico General Insurance Company Limited by nin...