A London-based investment advisory firm has said various investors are watching developments in Malawi with keen interest following the injection of US$25 million (about K9.2 billion) in capital in the Malawi Mangoes Project in Salima by various major European investors.

Malawi is said to have high untapped mineral resource potential with a very diverse resource base.

Malawi is said to have high untapped mineral resource potential with a very diverse resource base.

The Reserve Bank of Malawi (RBM) says the country's economic prospects will continue to be sluggish with inflation rate expected to rise further to 35.4 percent in March.

The midterm budget review meeting by Parliament would deliberate on a Land Bill which, among others, proposes barring of foreigners from owning land in the country.

Air Malawi Limited currently under liquidation is set to ground operations with its last flight to South Africa scheduled for Wednesday, the BNL Times has learnt.

Scores of angry Electricity Supply Corporation of Malawi (Escom) workers in Blantyre on Thursday blocked the entrance to the Chichiri Power House in protest against unpaid bonuses.

Mineral laws are expected to be revised to offer equal benefits to both Malawians and mineral investors.

Malawi has for the first time in its tourism history, crowned runner-up in the 2013 Safari Awards in the "Best Africa Tourist Board" category at an event that took place in London on Monday.

The government through Mera, has squared the K24 billion debt it owed fuel companies, raising hopes that the price of the commodity may fall soon, The Business Times has established.

The signing ceremony of the power interconnector deal between Malawi and Mozambique which is expected to take place soon will be done in Maputo.

A US$200 million (about K74 billion) export venture being facilitated by Export Development Fund (EDF) is failing to take off as government is said to be failing to assure investors that no export ban on produces would be instituted to secure the project's earnings.

Puma Energy customers have expressed their disappointment following the deactivation of their smartcards without their knowledge over the weekend.

Hybrid seed producer, Monsanto Malawi Limited, has introduced another seed variety DKC 9053 which is yet to hit the market.

The Reserve Bank of Malawi (RBM) says the supersonic speed at which the country's external debt grew after April 2012 is a cause of concern.

Puma energy Malawi Limited Managing Director Davies Lanjesi says he is confident Malawi will not experience a fuel shortage this year.

SOME economic players in the country have said the visit by International Monetary Fund (IMF) Managing Director Christine Lagarde had no economic impact as she did not offer any solutions.

GOVE RNMENT h a s awarded a mining licence to another Australian miner, Intra Energy Corporation (IEC) which will open a coal mine in Karonga.

One of the country's socio-economic commentators has accused authorities of running government childishly by, among other things, underrating the power of the private sector in the economic creation process.

Mining Minister John Bande says government has not completely suspended the renewal of mining and exploration licenses to investors, backtracking on an earlier statement he made last week that his ministry was not renewing licenses until a review is made on how the expired licenses were acquired.