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Aid by the World Bank toward Malawian economy

Aid by the World Bank toward Malawian economy

World Bank is renowned for being on the forefront in helping the African countries either financially of by advice on how to boost the economy. The bank either gives grants to the state at lower interest rates or they engage in supporting the community’s trough non-governmental organizations. On 22nd November 2017, the bank launched three […]

Heavy Downpour Destroys Houses in Malawi

Heavy Downpour Destroys Houses in Malawi

Heavy rains that were accompanied by strong winds experienced in Traditional authority (TA) Katuli in Mangochi Malawi have destroyed 112 houses and left five individuals with casualties according to District Protection Committee (DCPC).  Amongst the five people who were injured are two women and three children. The patients were able to treated and discharged on […]

Cost Implications of Building Local Firms in Africa

Most of the African countries are poor hence not in a position to finance their investments. Eventually, most citizens and governments believe that it’s only through Foreign Direct Investment (FDI) that African countries can grow. FDI comes with technical and organizational skills; it creates more employment opportunities to the locals. Besides, it pays taxes to […]

Airbnb Flourishes in South Africa though With a Lot of Concerns

Airbnb Flourishes in South Africa though With a Lot of Concerns

Tourism is the backbone of the economic growth in most of the African countries. For the better growth of tourism, most of the factors must be put in place for the smooth running and working towards the achievement of the customer’s satisfaction to the maximum. Transport networks, hotels, and restaurants are just but few critical […]

Mzuzu International Airport Construction Project to Start in January 2018

Mzuzu International Airport Construction Project to Start in January 2018

The Malawi government will commence the construction of one of its major international airports in January 2018 as announced by Arthur Peter Mutharika, the president. The head of state announced to the citizens at Katoto Roundabout; while on official duty in the region. Malawian government wants to boost its economic development, and one way through […]

Malawi Economy under Siege Says MCP

Malawi Economy under Siege Says MCP

During the annual parliamentary, presidential address, President Peter Mutharika on his 47th session of parliament assured the members of parliament that the Malawian economy was on a steady rise citing the reduction in inflation and interest rates which shows signs of economic stability. The president talks about the 5.5% growth which has been realized within […]

Lilongwe K75 Billion Business Park

Lilongwe K75 Billion Business Park

Most of the capital cities in Africa act as a business hub. A major business milestone is to be realized soon in the capital city of Malawi. A business park worth K75 billion is to be set up at Lilongwe which will automatically give the city a better physical appearance. The Lilongwe Business Park is […]

K102 Million Public Health Construction in Chikwawa

K102 Million Public Health Construction in Chikwawa

Public health facilities including a delivery hall and staff premises are to be constructed where the Hunger Project is located at Chikwawa District around Nchalo. Hunger Project will facilitate the project at the cost of K102 million. The investment is good news for the people within the vicinity of Nchalo who have stayed for a […]

Cleaning the Air on Delay in Construction of Nsaje Stadium

Cleaning the Air on Delay in Construction of Nsaje Stadium

There has been an outcry by some of the sports fan who thought that the construction of Nsaje stadium is taking longer than expected. Ganizani Zongoloti, one of the strong soccer fans in Malawi, is complaining about why the construction of the Nsanje stadium is taking place at the slowest rate unlike the other stadiums […]