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MONEY

Malawi, Zimbabwe Stock Markets Lead African Markets in 2017

Your ads will be inserted here byEasy Plugin for AdSense.Please go to the plugin admin page toPaste your ad code OR Suppress this ad slot. The performance of African Stock markets so far in 2017 has been very impressive, looking at the current YTD performance, as most indices trade in the green zone. A quick review of African stock markets ...

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Zim’s Beverage company set to buy Malawi brewery

Your ads will be inserted here byEasy Plugin for AdSense.Please go to the plugin admin page toPaste your ad code OR Suppress this ad slot. Zimbabwe’s largest brewery, Delta Beverages, is looking to buy Malawi Traditional Beverages Limited for an undisclosed amount,. Local media in Zimbabwe reported on Friday that authorities in Malawi have revealed the deal. Report say that,The ...

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K6 million fake bank notes floods markets in Mzimba

People in Mzimba district have been warned to take extra caution in carrying out business transaction following the proliferation of fake currency in the market. Assistant Commissioner of Police, Louis Chigadula made the warn to the public during a press conference held at Mzimba Police Station on Thursday. Speakinga at the press conference which was organized to inform the public, ...

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Malawian shoe factory drops shoe prices in South Africa

In celebrating its two years of existence, owned by Malawian national, ‘Ashely Shoe Factory’ in South Africa is now selling shoes at a give away price. In an interview with Malawi News Hub on Wednesday, Ashley Shoe Company owner Ashley Ibrahim said his factory dropped prices of its products inorder to thank their customers for the continued support in the ...

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Bushiri buys daughter K300 million car as birthday gift

South Africa-based Malawi prophet and founder of the Enlightened Christian Gathering church , Prophet Shepherd Bushiri, surprised his daughter with a Maserati worth K300 million for her 6th birthday yesterday. Sharing photos on Facebook, Bushiri wrote; “I always count myself blessed during this time of the year because I get the honor to celebrate, not only one but two God-given ...

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Central bank to educate malawians to take better care of bank notes

Malawi government is said, spending millions of US dollars every year in replacing torn and dirty bank notes as people throw money as sign of good luck. Malawi’s central bank has now started a campaign of educating Malawians to stop this wear and tear. Malawians are said tearing and dirtening bank notes by throwing bills around at weddings, bridal showers ...

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Malawian young entrepreneur Chilewe Jnr in Forbes Africa 30 under 30 2017 list

Malawian young entrepreneur Mike Chilewe Jnr has been included in Forbes Africa 30 under 30 2017 list of great young entrepreneurs under the age of 30 across the continent. Chilewe Jnr who once worked for his well known successful entrepreneur father Mike Chilewe started his own business with tissue manufacturing plant. According to information on Forbes Africa website, the young ...

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FMB bid acquiring majority stake in BBZ raises concerns in Zimbabwe

Revelations that First Merchant Bank of Malawi (FMB) bid is to acquire a majority stake in Barclays Bank of Zimbabwe (BBZ) has raised concerns in Zimbabwe. The Herald newspaper in Zimbabwe reported that FMB is working with United Kingdom development finance group CDC in its bid to acquire a majority stake in Barclays Bank of Zimbabwe (BBZ). The paper said ...

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Malawi : Government increases minimum up to MK 25000.00

Malawi government has disclosed an increase in minimum wage for workers across the country. The increament was revealed in parliament during 2017/18 National Budget presentation by the Minister of Finance, Economic Planning and Developement Goodall Gondwe. In his words, Gondwe stated that the minimum wage has increased from MK19000 to Mk25000 per month. He said that the Government came up ...

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Malawi: New graduates gets rare opportunity in “Learn and Earn program”

New graduates gets rare opportunity in learn and earn program. New graduates in the country are getting a rare opportunity to practice their skills in a program by ServiceTouch whereby graduating students are engaged to come up with ‘learn and earn’ initiatives. The program is to help students earn something in business programs before getting employed. Cheif Consulting Officer of ...

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