Fuel coverage increases 100%

Fuel coverage increases 100% | The Times Group: "Malawi’s fuel coverage has jumped from a ten day cover experienced immediately after the 2012 scarcity to over 20 days cover now owing to improved inflow of the commodity over the years."



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Fastjet to start flights to Malawi in July

Fastjet to start flights to Malawi in July - Proactiveinvestors (UK): "Fastjet (LON:FJET) is to launch its sixth international route after being granted permission to fly to Malawi from its base in Tanzania.

Flights between Dar es Salaam in Tanzania and Lilongwe, the capital of Malawi, will commence in July with tickets to go on sale immediately."



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Malawian kwacha bucking the trend… for now | beyondbrics

Malawian kwacha bucking the trend… for now | beyondbrics: "In the last six to eight months, most emerging and frontier currencies have weakened against the US dollar. One explanation is the likelihood of the US Federal Reserve raising rates at its September policy meeting, making US assets comparatively attractive. Meanwhile, the possibility of a ‘Grexit’ is exacerbating the need for investors to buy safe haven assets, of which dollar assets are among the most "



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Malawi, Mozambique discuss transit hurdles | The Times Group

Malawi, Mozambique discuss transit hurdles | The Times Group: "Malawi and Mozambique held bilateral trade talks in Maputo, Mozambique on Wednesday where they, among other things, discussed problems Malawian transporters face when moving goods to and through Mozambique."



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"The government of Malawi through the Lilongwe University for Agriculture and Natural Resources (Luanar) has installed an equipment to detect levels of aflotoxin, a fungal disease in groundnuts.Luanar Principal Investigator, Virginia Mangwela, said Thursday that the groundnuts from Malawi and other Southern African Development Community (SADC) countries receive high rejection rate from European countries due to the disease."



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Malawi cash scandal reaches SA

Malawi cash scandal reaches SA | News | Africa | M&G: "The Malawian authorities are investigating the Malawi Defence Force’s (MDF) payment of a whopping 1.9-billion kwacha (R60-million) to a South African company that allegedly provided nothing in return – and shifted half the money to its bank account in South Africa"



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Chipata dry port to cost US$10m

Times of Zambia | East dry port to cost US$10m: "GOVERNMENT says the setting up of a dry port and other facilities at Chipata –Mchinji railway line is expected to gobble approximately US$10 million.
Eastern Province Permanent Secretary Chanda Kasolo disclosed in Chipata last Friday that a good number of facilities needed the services of the dry port"



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Malawi's annual inflation slips to 19.5 percent in May - business - News - StarAfrica.com

Malawi's annual inflation slips to 19.5 percent in May - business - News - StarAfrica.com: "Malawi’s headline inflation for May stands at 19.5 percent compared to 22.6 percent for the same period last year, the statistics bureau said on Wednesday.According to the bureau, there is an increase of 0.7 percent from last month (April 2015)."



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Malawi aims for $16 billion in potential investment from summit | Reuters

Malawi aims for $16 billion in potential investment from summit | Reuters: "Malawi's first ever investment forum aims to generate about $16 billion in potential investments, a senior trade official said on Wednesday."



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PwC recommends further probe in K92bn Malawi cashgate: ‘Recover deleted database’ | Malawi Nyasa Times – Malawi breaking news in Malawi

PwC recommends further probe in K92bn Malawi cashgate: ‘Recover deleted database’ | Malawi Nyasa Times – Malawi breaking news in Malawi:



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Mozambique: Japanese Support for Nacala Port Development

allAfrica.com: Mozambique: Japanese Support for Nacala Port Development: "The Japanese government, through the Japanese International Cooperation agency (JICA), is to provide 250 million US dollars for the second phase of the Development Project for the northern Mozambican port of Nacala."



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Vale to ship coal along Mozambique Nacala Corridor in Q3 – exec

Vale to ship coal along Mozambique Nacala Corridor in Q3 – exec: " Brazilian miner Vale plans to start exporting coal along the Nacala rail and port corridor in Mozambique and Malawi in the third quarter after heavy rains damaged the rail line, the firm's head of coal told Reuters on Friday."



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Tobacco earnings hit US$153 million | The Times Group

Tobacco earnings hit US$153 million | The Times Group: "Tobacco earnings hit US$153 million
Posted By: Caroline Kandieroon: June 23, 2015In: BusinessNo Comments
The country’s tobacco earnings had by Wednesday last week hit US$153 million from sales of about 90 million kilogrammes of all types of tobacco at an average price of US$1.70 per kilogramme."



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Malawi government plans tollgate fees on major roads

Malawi government plans tollgate fees on major roads | The Times Group: "Malawi government plans tollgate fees on major roads
Posted By: Kingsley Jassion: June 23, 2015In: BusinessNo Comments
Motorists will soon start paying user fees as the Ministry of Transport and Public Works has plans at an advanced stage to introduce tollgates along some busy highways to boost revenue collection."



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Goodall Gondwe adjusts national budget

Goodall Gondwe adjusts national budget | The Times Group: "Goodall Gondwe adjusts national budget
Posted By: Macdonald Thomon: June 23, 2015In: NationalNo Comments
Minister of Finance Goodall Gondwe has announced that the 2015/2016 proposed budget has been revised upwards from K901 billion to K930 billion.

Gondwe said this yesterday in Parliament in his winding up statement on the debate on the national budget."



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AECI buys stake in Malawian group - Companies

AECI buys stake in Malawian group - Companies | IOL Business: "JSE-LISTED chemicals and explosives manufacturer AECI has acquired a 100 percent stake in Malawian agrochemicals, seeds and spraying equipment distributor, Farmers Organisation Limited (FOL) from Rendale Holdings."



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1 Month Uranium Prices and Price Chart

1 Month Uranium Prices and Price Chart: "

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Positive returns on Malawi Stock Exchange | The Times Group

Positive returns on Malawi Stock Exchange | The Times Group: "The Malawi Stock Exchange (MSE) in the month of May registered a positive return on index, with a slight gain in the Malawi All Share Index (MASI) from 16024.62 percentage points in April to 16141.51 points."



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9 US firms eye Malawi energy | The Times Group

9 US firms eye Malawi energy | The Times Group: "President Peter Mutharika says nine companies from the United States of America are prepared to invest in Malawi’s power sector through the Millennium Challenge Corporation (MCC) energy revitalisation initiative in the country."



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