Placing culture and cultural heritage at the top end of the priority scale could help Malawi create a national identity, build social cohesion as much as it could attract investment and generate employment, says Serman Chavula, Chairperson of the Foundation for Arts and Culture (FoAC). Read more.
Malawi must realistically deal with the social, political and administrative challenges that have ended up in shameless tax evasion and avoidance activities by individual taxpayers and corporations. Read more.
Malawian hand-crafted teas curated and blended by the United Kingdom’s Rare Tea Company and grown by Malawi’s Satemwa Tea and Coffee Estates have been introduced on the USA market.
Malawi’s nonprofit outfit, Pamudzi Soundscape Foundation for Arts, Culture and Social Development has stepped up its efforts to offer local and international travelers an authentic cultural and historic experience that reflects the country’s national identity. Read more.
The quality of Malawi’s top-soil, a critical asset to food production, has left the country with reduced quantity and quality of its agricultural output because of the sweeping use of synthetic fertilisers over the years. Read more.
In its frantic attempt to meet the beef, dairy and poultry market demands, Malawi’s livestock industry barely scratches the surface when yet a close, deliberate, environmental scan exposes the country as a lucrative investment destination for intensive livestock production.
Carbon market opportunities are largely found in the energy, industrial, construction, agriculture and forestry sectors.
Twenty percent of Malawi’s total area is covered by 18 water resource areas comprising of key river basins that are further sub-divided into individual river catchments. Lake Malawi dominates the country’s water catchments with a total size of 28,750 km2 and accounting for 95 percent of all surface water resources in the country. Read more.
By the end of 2020, Malawi’s Arts Sacco, a cooperative run by various artists, posted US$15, 325 in profits while it raised US$29,118 and US$103,499 in share and saving values. Read more.
Frequent power outrages and inadequate energy supply has wrung the Malawi’s social, economic and industrial development, leading to the Malawi Investment Trade Centre (MITC) to compile the country’s available bankable energy sector projects. Read more.
Notwithstanding the impact of Covid 19 on tourism ,leading Malawi stock exchange listed Sunbird Hotels and Resorts is embarking on massive expansion and is set to open a new hotel this year. Read more.
The National Bank of Malawi (NBM) plc has announced that it has now completed the acquisition of a 51 percent controlling stake in Akiba Commercial Bank plc (ACB) in Tanzania for a consideration of USD 7.31 million. Read more.
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