The Malawi Congress of Trade Unions (MCTU) and Communications Workers Union of Malawi (Cowuma) have said there is no harm for employees to have multiple jobs as a way of managing the ever increasing cost of living in the country.
Business
‘Multiple jobs solution to rising cost of living’
- 04 April 2013
- Henry Mchazime
Mzuzu Coffee goes into tourism
- 04 April 2013
- Karen Msiska
Mzuzu Coffee Cooperative Union on Monday announced its venture in tourism with the partial opening of its Mzuzu Coffee Suites situated in the low density Chimaliro location in Mzuzu.
NBM pre-tax profits up 110%
- 04 April 2013
- Caroline Kandiero
National Bank of Malawi (NBM), one of the financial institutions in the country has registered a 110 percent pre-tax profit jump.
Tobacco forex to last 47days only
- 03 April 2013
- Taonga Sabola
AN analysis by The BNL Times has shown that this year's forex earnings from the country's green gold, tobacco, will just be enough to meet Malawi's forex needs for 47 days.
Expert says interest rates hike temporary
- 03 April 2013
- Thom Khanje
An investment banker says he believes the recent upward adjustments in interest rates by commercial banks in the country is temporary, saying the rates will soon start getting better as the economy moves into the lean harvest and export season.
Energy sector ropes in 4 firms
- 03 April 2013
- Kingsley Jassi
The Ministry of Energy says four companies have so far started investing in energy sector.
Full recovery remains a medium term issue—Jooma
- 03 April 2013
- Business Reporter
Minister of Economic Planning Ralph jooma has said full recovery of Malawi economy remains a medium term issue, taking into account the damage that was caused in the previous regime.
Poor energy, road network affect bank’s rural rollout
- 02 April 2013
- Jacob Nankhonya
Opportunity International Bank (OIBM) says its efforts to extend banking services to many rural areas of the country have been hampered by the country's poor road network as well as erratic supply of electricity and petroleum.
Tobacco trading rakes in US$11m
- 02 April 2013
- Taonga Sabola
The country had as of Thursday March 28 earned a total of US$11 million (about K4.6 billion) from tobacco sales at the auction floors, two weeks after the marketing season started on March 11, 2013, Auction Holdings Limited (AHL) has said.
‘Make air transport affordable’
- 02 April 2013
- Taonga Sabola
Government has appealed to operators in the aviation industry to make air transport affordable.
Farmers want review of seed subsidy suppliers
- 02 April 2013
- Caroline Kandiero
Some farmers in Chiradzulu and Blantyre have asked government to consider reviewing the list suppliers of seed under the Farm Input Subsidy Programme (Fisp).
Pharmaceutical supplier avails itself to Malawi government
- 02 April 2013
- Jacob Nankhonya
Executives from an international pharmaceuticals company, Adcock Ingram, met with officials in the Ministry of Health in March with an aim of selling its services to the country, taking advantage of the country's drug shortage situation, Public Relations Officer for the ministry, Henry Chimbali, has confirmed.
Jooma says economy has almost recovered
- 01 April 2013
- Caroline Kandiero
Newly appointed Minister of Economic Planning and Development, Ralph Jooma, has come up with his own timing version of the Economic Recovery Plan, declaring that the economy has now almost recovered several months before the planned 18 month timeline.
Malawi’s roads ranked higher than neighbours
- 01 April 2013
- Taonga Sabola
A study by the World Economic Forum has ranked Malawi's roads as better in quality than those in neighbouring countries.
Regional body to promote women enterprises in Malawi
- 29 March 2013
- Kingsley Jassi
The Lilongwe-based Federation of National Association of Women in Business in Eastern and Southern Africa (Femcom) intends to rollout a business incubator programme targeting women-owned businesses in eight countries, including Malawi.
Banks start hiking their interest rates
- 29 March 2013
- Thom Khanje
Standard Bank Malawi on Thursday announced an upward adjustment of its lending and deposit rates, a development that is expected to be replicated by other banks in a move that suggests loss of confidence in the monetary authority by the financial market.
Issuance of COFs to be outsourced
- 29 March 2013
- Caroline Kandiero
Motorists will soon start getting Certificate of Fitness (CoF) licences from private operators, the Ministry of Transport and Public Infrastructure has revealed.
Zomba farmers get a raw deal on road construction
- 29 March 2013
- Caroline Kandiero
Some farmers in Zomba have expressed concern over the construction of the Zomba–Blantyre road which has seen parts of their gardens being idle this farming season.
Malawi Government issues list of jobs under 18s must not do
- 29 March 2013
- Grace Thipha
The Ministry of Labour has published a list of jobs which children and the youth under the age of 18 must not do and defines what is hazardous to the young workers in various sectors of the economy.
Police foil burley smuggling in KU
- 28 March 2013
- Kingsley Jassi
Kasungu Police last week foiled a tobacco smuggling attempt in Kasungu district when they arrested four traders and a driver as they tried to cross the border into Zambia with 35 bales of burley tobacco.
MCCCI surplus drops
- 28 March 2013
- Caroline Kandiero
The Malawi Confederation of Chambers of Commerce and Industry has registered a fall of K5 million in its surplus for the year 2012 compared to that of the previous year.

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