Investors continue to shun government bonds - The Nation Online

Investors continue to shun government bonds - The Nation Online:



Investors continue to shun

government bonds

Grace O April 19, 2018 1 Comment

Treasury' s hope of boosting trading on the 13- counter Malawi Stock Exchange (MSE) and

promoting financial assets diversification for investors is failing materialise.

This follows the lukewarm response from investors particularly on the listed bonds, a

situation market analysts attribute to the nature of investors.





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Kwacha’s strong outlook persists | The Times Group

Kwacha’s strong outlook persists | The Times Group: "Kwacha’s strong outlook persists
Posted By: Grace Thipaon: April 20, 2018In: BusinessNo Comments
An outlook of the performance of the economy going into the second quarter of 2018 done by Alliance Capital Limited, in association with Vunani Limited, points to continued stability of the exchange rate against the United States dollar, with a likelihood of appreciation.

However, Alliance Capital has also indicated that there are upside risks to other key fundamentals such as inflation, which is likely to go up following an anticipated rise in utilities and domestic fuel prices.

Elevated consumer spending associated with agricultural marketing season is also being seen as a potential risk factor.

Going forward, Alliance Capital has suggested that monetary authorities should exercise caution and be watchful of any changes in macroeconomic fundamentals."



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Inflation under control— Reserve Bank of Malawi | The Times Group

Inflation under control— Reserve Bank of Malawi | The Times Group: "Inflation under control— Reserve Bank of Malawi
Posted By: Taonga Sabolaon: April 20, 2018In: BusinessNo Comments
The Reserve Bank of Malawi (RBM) has said it is confident the country’s headline inflation will decline in the coming months, despite sprouting in March.

Malawi’s headline inflation jumped by 2.1 percent in March, from 7.8 percent to 9.9 percent, raising fears that it may go back to double digits in the near future.

But RBM spokesperson, Mbane Ngwira, said looking at the month-on-month inflation, figures point to falling inflation."



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Fears over risk of inflation reversal | The Times Group

Fears over risk of inflation reversal | The Times Group: "Fears over risk of inflation reversal
Posted By: Grace Thipaon: April 20, 2018In: BusinessNo Comments
The International Monetary Fund (IMF) has indicated that the risk of inflation reversal is now more real following quickening of the inflation rate to 9.9 percent year-on-year in March, from 7.8 percent the previous month.

This becomes the highest inflation rate on record since inflation made a historic turn to hit single digit at 9.3 percent in August, from 10.2 percent in July 2017.

Both IMF and the Economics Association of Malawi (Ecama) have indicated that the rising inflation rate is something that was expected."



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Exploring Malawi’s export potential - tralac trade law centre

Exploring Malawi’s export potential - tralac trade law centre: "Exploring Malawi’s export potential

Photo credit: IFPRI
19 Apr 2018

Regional integration is the key to Malawi’s trade success, according to a new ITC report that uncovers the country’s greatest untapped export potential in agro-processing."



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AECOM provides social services for Malawi graphite project

AECOM provides social services for Malawi graphite project: "Integrated infrastructure delivery company AECOM produced the winning bid for social services for Sovereign Metals’ Malingunde graphite project in the Lilongwe District in Malawi.

AECOM received a request for proposal from Sovereign Metals’ Environmental Assessment Practitioner (EAP), Dhamana Consulting of Perth, Australia. The EAP had approached three consulting firms, namely two in South Africa and one in Malawi, based on industry intelligence and recommendations from other professionals in the field."



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Malawi inflation rate soars to 9.9 percent | Malawi 24 - Malawi news

Malawi inflation rate soars to 9.9 percent | Malawi 24 - Malawi news: "Malawi’s inflation rate rose to 9.9 percent in March from 7.8 percent in February.

The figures released by National Statistical Office (NSO) show that the inflation rate for March is the highest since July, 2017."



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China donates K570 million equipment to Malawi | Malawi 24 - Malawi news

China donates K570 million equipment to Malawi | Malawi 24 - Malawi news: "China has donated office equipment worth K570 million to the Ministry of Industry, Trade and Tourism.

The items include computers, video conferencing units, cameras as well as office furniture.

"



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Malawi: U.S. Gives Egenco Weed Harvesters to Cut On Power Black-Outs - allAfrica.com

Malawi: U.S. Gives Egenco Weed Harvesters to Cut On Power Black-Outs - allAfrica.com: "More a
The United States government has given Electricity Generation Company (Egenco) two weed harvesters worth US$40 million which both Washington and Lilongwe would reduce power black outs the country is experiencing.

The US ambassador to Malawi, Virginia Palmer said weed is a serious problem in the production of hydro-power as it gets stuck in turbines and damages machines forcing a stop to the production of electricity"



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Malawi makes headway on economic transformation - The Nation Online

Malawi makes headway on economic transformation - The Nation Online:



Malawi makes headway on economic

transformation

Grace O April 18, 2018 o Comments

Malawi has improved on the Global Economic Transformation Index to 66 out of 129 countries

in 2018 from 90 in 2016, according to the Bertelsmann Stiftung Transformation Index (BTI)

published last week.

The 2018 BTI Malawi Country Report indicates that for the past two years, the country has

registered economic transformation gains. In 2016, Malawi failed to make economic

transformation gains, slipping eight places to 90 from 82 in 2014.





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