Parliament approves K49.7 billion grant
By Cathy Maulidi: Parliament has given the Executive the greenlight to receive two grants worth K49.7 billion from the African Development Fund and International Development Association The first grant of…
Kondwani Nankhumwa in no-show
Opposition Democratic Progressive Party (DPP) vice president for the Southern Region Kondwani Nankhumwa, who is also Leader of the Opposition in Parliament, failed to appear before the party’s disciplinary committee…
Parliament nodes to K276 billion Word Bank grant
Parliament on Tuesday passed two bills allowing the government to receive grants totalling K276.8 billion for the Agricultural Commercialisation (Agcom 2) project under the Food Resilient Programme for Eastern Southern…
‘Inflationary pressure to persist’
The Reserve Bank of Malawi (RBM) has said it might be too early to conclude that lowering of headline inflation in June signals a turn-around as pressure persists. The bank…
National Bank moves to attract remittances
National Bank of Malawi (NBM) has introduced what it calls Diaspora Account to accord customers outside the country an opportunity to save or invest their money in the country with…
Minister for SMEs protection laws
Minister of Industry and Trade Simplex Chithyola Banda has said the country needs to formulate legal and regulatory frameworks that can promote industrialisation by allowing small and medium enterprises to…
Queens in fifth place fight
Malawi National Netball Team is out of the top four race at the ongoing Netball World Cup in Cape Town, South Africa, following Tuesday’s heavy defeat to Australia. The Queens…
Mikoko Mystics register first win
Giants Mikoko Mystics have registered their first win of the season in the Southern Zone Basketball League (Sozobal) Women’s Division after defeating Mubas Lady Cats 85-14 at Blantyre Youth Centre…
Malawi to cancel East Bridge deal
Malawi has told the International Monetary Fund (IMF) that it will cancel its fertiliser procurement deal with Romanian firm East Bridge Estate. In a Letter of Intent, dated June 30…
Kwacha falls by 3 percent
The Kwacha Tuesday fell marginally by 3 percent from K1,063 to the United States dollar to K1,095, figures from the Reserve Bank of Malawi (RBM) show. This is the second…
