Famous Brands, which owns Steers‚ Wimpy and Debonairs, plans to open 243 new restaurants in the coming year after reporting record turnover and profit for the year. It is also planning to enter Angola and Ghana.
By Zeenat Moorad 20 May 2014 06:29
The Government of Malawi announced that it is joining the Better Than Cash Alliance, committing to transition government cash payments to electronic disbursements.
1 Jul 2013 10:54
Microsoft has announced the opening of 21 web stores for apps and games across several African countries.
18 Dec 2012 12:19
Once again Malawi finds itself in a tight spot. A food crisis set off by erratic rains, rising food prices and economic hardships is slowly unfolding. Sadly and unexpectedly, Malawi has lost its hard-earned status as an agricultural success story. Many are now wondering what went wrong and whether there could be lessons for other African countries.
By Masimba Tafirenyika 18 Dec 2012 10:56
Malawian insurance firm, Nico General Insurance, with immediate effect, will start insuring BlackBerry and Samsung mobile phone handsets under an insurance package called Cellsure.
By Gregory Gondwe: @Kalipochi 27 Jul 2012 13:49
Telecoms Networks Malawi (TNM) Limited has announced that it will be increasing base tariff by an average of 19.5% from 1 August 2012 in order to be able to fulfill its plans to expand its coverage and upgrading the older infrastructure by investing more that US$20 million per annum over the next five years.
By Gregory Gondwe: @Kalipochi 26 Jul 2012 10:21
As global businesses begin to turns towards African developing markets, outdoor advertising companies need to understand the different segments in the economies and how best to reach disparate groups of consumers.
14 Jun 2012 13:03
Malawi's donors under the Common Approach to Budget Support (CABS) have asked the country to revive its International Monetary Fund (IMF) program or forget their financial assistance.
By Gregory Gondwe: @Kalipochi 8 Dec 2011 13:33
The Banker, a leading journal of the global banking industry, has named Standard Bank as the 2011 Bank of the Year in Africa and Best Bank in Botswana, Lesotho, Malawi and Zimbabwe.
1 Dec 2011 16:01
NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy.
9 Nov 2011 09:36
The International Labour Organisation (ILO) has released a report on Malawi which is trying to establish on how monetary policy instruments can be used to encourage Malawi onto a path of employment-generating growth. The report titled Macroeconomic policy for employment creation: The Case for Malawi released last month has identified three policy areas for consideration.
By Gregory Gondwe: @Kalipochi 2 Nov 2011 12:19
The Reserve Bank of Malawi (RBM) has sought assistance from established firms or advertising agencies to provide currency public sensitisation service throughout the country on its behalf after the country has been badly hit by fake currency circulation.
By Gregory Gondwe: @Kalipochi 27 Oct 2011 13:05
Fresh Living, the food magazine on South African shelves, continues to expand on its African footprint as it goes on sale this month in Mauritius.
10 Oct 2011 11:27
Malawi's central bank has issued a warning to the country after being severely hit by counterfeit notes of its biggest bill of 500 kwacha, a situation the Reserve Bank of Malawi (RBM) governor Dr. Perks Ligoya has described as undermining the integrity of the national currency.
By Gregory Gondwe 30 Sep 2011 08:38
One of Malawi's two mobile phone companies, Telekom Networks Malawi Limited (TNM), which is incorporated in Malawi as a licensed mobile telecommunications operator has announced a 23% growth which the company has attributed to various innovative product offerings and promotions.
By Gregory Gondwe 12 Sep 2011 10:14
Mozambique's newest privately-owned full service bank, Banco Único, opened its doors to the public this week as a sign to further confide in foreign investors interest of the country and in southern Africa's growth potential.
1 Sep 2011 13:56
The newly appointed chairperson of the African Association of Central Banks (AACB), Perks Ligoya who is also governor for the Reserve Bank of Malawi (RBM), said he will now fast track the establishment of African Central Bank which has been on the card for some time now.
By Gregory Gondwe 19 Aug 2011 09:38