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CENTRAL AFRICA Malawi's new procurement procedures to support SMEs[Gregory Gondwe] Government, through its office of the director of public procurement (ODPP) has set up new procurement procedures, which will support small-to-medium enterprise (SMEs), other local manufacturers and producers. 4 Feb 2010 10:29 CENTRAL AFRICA Zambia: Higher fuel costs will drive up food pricesLUSAKA: A raft of fuel price hikes that will affect agricultural production costs as well as consumer pockets is expected to drive food price inflation in Zambia, where about two-thirds of the population live on US$1 or less a day. 26 Jan 2010 08:37 CENTRAL AFRICA 2010: after third phase, tickets go to PMAs
CENTRAL AFRICA Central bank establishes foreign exchange controls[Gregory Gondwe] Malawi has set up new exchange controls as a strategic way of ensuring adequate utilisation of its foreign exchange reserves. 11 Jan 2010 07:07 CENTRAL AFRICA Malawi requires new IMF programme
CENTRAL AFRICA Malawi: Kwacha devaluation causes panic[Gregory Gondwe] The government's decision to devalue the local currency, the Malawi Kwacha, last week has sparked fears that it might affect interest and inflation rates. 20 Nov 2009 11:54 CENTRAL AFRICA FNB officially launches Zambia operation
CENTRAL AFRICA Malawi starts exporting uranium
CENTRAL AFRICA Air Malawi's survival dependant on public[Gregory Gondwe] Air Malawi CEO Wisdom Mchungula has confessed that the debt-riddled airliner is surviving by the mercy of Malawian public. The CEO made these confessions in the presence of the Malawi Parliamentary Committee on Budget and Finance in Lilongwe last week. 15 Oct 2009 10:37 CENTRAL AFRICA Reserve Bank of Malawi appoints new governor[Gregory Gondwe] President Bingu wa Mutharika, on Monday, 14 September 2009, appointed a new govener of the country's reserve bank. Dr. Perks Ligoya, who was director of economics in the finance ministry and initially worked at the central bank for 20 years, has already accepted the challenge. 16 Sep 2009 10:11 CENTRAL AFRICA President Mutharika expels four tobacco buyers[Gregory Gondwe] President Bingu wa Mutharika, early last week, deported four tobacco buyers for allegedly conniving to sabotage the Malawi economy. 15 Sep 2009 07:33 CENTRAL AFRICA Malawi: Bata Shoe Company turns 115[Gregory Gondwe] The Bata Shoe Company is celebrating its over 115 year survival in the business of making footwear by refurbishing its 32 shops across Malawi - a venture that will cost K50 million. 8 Sep 2009 07:04 CENTRAL AFRICA Malawi establishes credit reference bureau[Gregory Gondwe] The Bankers Association of Malawi (BAM) has joined hands with Kenyan-based CRB-Africa to form the first of its kind Credit Reference Bureau (CRB-Malawi). BAM President George Partridge who is also the country's CEO for Malawi's largest bank by assets, the National Bank of Malawi (NBM) said the bureau would help commercial banks stop wasting time and resources trying to establish history of customers. 14 Aug 2009 09:19 Latest jobs | Ad showcase |
FIFA has agreed to create a new participating member associations (PMAs) sales phase between 9 February and 7 April 2010, it announced on Friday, 15 January 2010. Only one such phase had previously been planned, which closed on 13 January 2010. 
LUSAKA: First National Bank announced yesterday, 27 October 2009, the launch of its Zambia operation. The operation was officially opened by the president of Zambia, President Rupiah Banda. The company's banking license was issued on 25 November 2008. 
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