Firm to set up textile plant |The Nation Online: "Firm to set up textile plant
The Malawi Cotton Company Limited (MCCL), a Balaka-based Chinese-owned cotton ginner, has unveiled plans to open a multi-million kwacha textile mill to add value to the country’s cotton, a development that will fill the gap in the textile industry.
The company’s agriculture manager Trueman Kachale said on Friday the textile plant will create more job opportunities for Malawians and also help to diversify export products to boost the country’s foreign exchange generation avenue"
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Business and Economic News from Malawi
Monday, June 24, 2013
Saturday, June 22, 2013
World Bank urges Malawi to ‘stay the course’ on economic reforms | Malawi News
The Maravi Post - World Bank urges Malawi to ‘stay the course’ on economic reforms | Malawi News: "WORLD BANK URGES MALAWI TO ‘STAY THE COURSE’ ON ECONOMIC REFORMS
Created on Thursday, 20 June 2013 19:34 Written by MARAPOST CHIEF CORRESPONDENT
Pres. Banda
BLANTYRE (MaraPost) -- The World Bank, one of the major sponsors of Malawi’s tough economic reforms, has urged the poor southern African nation to “stay the course” on its economic reforms."
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Created on Thursday, 20 June 2013 19:34 Written by MARAPOST CHIEF CORRESPONDENT
Pres. Banda
BLANTYRE (MaraPost) -- The World Bank, one of the major sponsors of Malawi’s tough economic reforms, has urged the poor southern African nation to “stay the course” on its economic reforms."
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Malawi MPs approves K630.5bn national budget for 2013/14
Malawi MPs approves K630.5bn national budget for 2013/14 | Malawi Nyasa Times - Malawi breaking news in Malawi: "
National
Malawi MPs approves K630.5bn national budget for 2013/14
By Nyasa Times Reporter
June 21, 2013 · 4 Comments
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Malawi Parliament on Friday unanimously approved the National Budget to enable the government fund its operations in the financial year of 2013/14.
The lawmakers nodded to the financial plan after passing the remaining three votes as part of the K630.5 billion allocated to"
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National
Malawi MPs approves K630.5bn national budget for 2013/14
By Nyasa Times Reporter
June 21, 2013 · 4 Comments
Email This Post
Malawi Parliament on Friday unanimously approved the National Budget to enable the government fund its operations in the financial year of 2013/14.
The lawmakers nodded to the financial plan after passing the remaining three votes as part of the K630.5 billion allocated to"
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JPAGETITLE
JPAGETITLE: "Malawi trade peformance worsens in 10 yrs
Balance of Payment
Malawi’s trade performance with the rest of the world has worsened over the last decade, with a growing trade deficit averaging minus 14 percent of the country’s wealth between 2003 and 2011, the African Development Bank (AfDB) has bemoane"
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Balance of Payment
Malawi’s trade performance with the rest of the world has worsened over the last decade, with a growing trade deficit averaging minus 14 percent of the country’s wealth between 2003 and 2011, the African Development Bank (AfDB) has bemoane"
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FedEx lands in Malawi | BiztechAfrica Business, Telecom, Technology & IT News Africa
FedEx lands in Malawi | BiztechAfrica Business, Telecom, Technology & IT News Africa: "FedEx lands in Malawi
BUSINESS
By BiztechAfrica - June 21, 2013, 4:11 p.m.
Image: By BiztechAfrica
By Gregory Gondwe, Blantyre, Malawi
FedEx Corp, a firm that provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services yesterday announced that it has completed the first stage of a strategic acquisition by signing agreements to acquire the businesses operated by its current service provider Supaswift (Pty) Ltd. in Malawi.
"
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BUSINESS
By BiztechAfrica - June 21, 2013, 4:11 p.m.
Image: By BiztechAfrica
By Gregory Gondwe, Blantyre, Malawi
FedEx Corp, a firm that provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services yesterday announced that it has completed the first stage of a strategic acquisition by signing agreements to acquire the businesses operated by its current service provider Supaswift (Pty) Ltd. in Malawi.
"
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Friday, June 21, 2013
JPAGETITLE
JPAGETITLE: "Tobacco earnings set to beat $300 million target
Munthali (L): Market moving very fast
The Tobacco Control Commission (TCC) has forecast that chances are high that the country will surpass its target on foreign exchange earnings from tobacco in 2013."
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Munthali (L): Market moving very fast
The Tobacco Control Commission (TCC) has forecast that chances are high that the country will surpass its target on foreign exchange earnings from tobacco in 2013."
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Thursday, June 20, 2013
2013 Mw Tobacco Sales Best in 5yrs
2013 Mw Tobacco Sales Best in 5yrs: "2013 Mw Tobacco Sales Best in 5yrs
PDF | Print |
Written by Daniel Mababa
Tuesday, 18 June 2013 06:16
Malawi's major forex earner: Tobacco
Tobacco-Malawi’s major forex earner has generated 208 million dollars about 70 billion kwacha in 14 weeks since the opening of this year’s season."
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PDF | Print |
Written by Daniel Mababa
Tuesday, 18 June 2013 06:16
Malawi's major forex earner: Tobacco
Tobacco-Malawi’s major forex earner has generated 208 million dollars about 70 billion kwacha in 14 weeks since the opening of this year’s season."
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Wednesday, June 19, 2013
Malawi's Economy Is Recovering - World Bank
allAfrica.com: Malawi's Economy Is Recovering - World Bank (Page 1 of 2): "Malawi's Economy Is Recovering - World Bank
Lilongwe — The World Bank says Malawi's economy is recovering with official figures' estimates showing an expected growth of 5.7 percent in agriculture and more than 6 percent growth in manufacturing.
The Bank disclosed this on Tuesday evening when its highly powered delegation of more than 10 officials had audience with President Dr. Joyce Banda at Kamuzu Palace in Lilongwe to present the Bank's overall assessment of the country's economy over the past 12 months. Leader of the delegation, Kundhavi Kadiresan, who is World Bank Country Director for Malawi, Zambia and Zimbabwe but based in Zambia, said the Bank had been following closely Malawi Government's efforts towards economic recovery and that it was pleasing to note that there were positive strides."
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Lilongwe — The World Bank says Malawi's economy is recovering with official figures' estimates showing an expected growth of 5.7 percent in agriculture and more than 6 percent growth in manufacturing.
The Bank disclosed this on Tuesday evening when its highly powered delegation of more than 10 officials had audience with President Dr. Joyce Banda at Kamuzu Palace in Lilongwe to present the Bank's overall assessment of the country's economy over the past 12 months. Leader of the delegation, Kundhavi Kadiresan, who is World Bank Country Director for Malawi, Zambia and Zimbabwe but based in Zambia, said the Bank had been following closely Malawi Government's efforts towards economic recovery and that it was pleasing to note that there were positive strides."
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Monday, June 17, 2013
JPAGETITLE
JPAGETITLE: "Economic growth forecast decreases
COM_CONTENT_CATEGORY COM_CONTENT_PUBLISHED_DATE COM_CONTENT_WRITTEN_BY
Unemployment is one of the economic indicator of slow growth
Malawi’s gross domestic product (GDP) has been slashed to 4.4 percent down from the January 5.4 percent projection, indicates the latest World Bank report."
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COM_CONTENT_CATEGORY COM_CONTENT_PUBLISHED_DATE COM_CONTENT_WRITTEN_BY
Unemployment is one of the economic indicator of slow growth
Malawi’s gross domestic product (GDP) has been slashed to 4.4 percent down from the January 5.4 percent projection, indicates the latest World Bank report."
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