Tuesday, December 6Malawi's top news source

1 Trillion Kwacha Govt Bonds Listed On Malawi Stock Exchange.

Share news to your friends

Over 1.1 trillion kwacha worth of government development bonds have been listed on the Malawi Stock Exchange.

In a statement, the local bourse is disclosing that it, on Monday, listed two government development bonds and 19 treasury notes with a combined face value of 1.12 trillion kwacha.

The amount was raised through various auctions in the primary market and was listed on MSE through an introduction to facilitate secondary trading.
The listing brings to 62 the total number of listed debt securities including one corporate bond by MyBucks and three government development bonds while the rest are treasury notes.

Speaking to Capital FM the MSE’s Chief Executive Officer, John Robson Kamanga describes the development as proof that the market has potential to raise capital for both public and private entities.

Related News
Felix Chitera Head of Alternate Channels

Felix is the Head of Channels at MyBucks since April, 2020. He is responsible for the digital channels and agency Read more

Chitera appointed Acting MD for FDH Bank

Chitera appointed Acting MD for FDH BankChitera appointed Acting MD for FDH BankAfrica-Press – Malawi. The Board of Directors of Read more

Katsonga Launch Pyxus Agriculture Limited Groundnut Processing Plant

Minister of Trade and Industry Mark Katsonga Phiri says the launch of the Pyxus Agriculture Limited Groundnut Processing Plant will Read more

Airtel sells its towers in Malawi for over K45 billion

Airtel Africa has sold its 723 towers in Malawi to Helios Towers, an independent telecommunications infrastructure company, for US$55 million Read more

AHL To Sell 30% Foreign Exchange To RBM

Reserve Bank of Malawi has ordered Auction Holdings Limited to begin a mandatory sale of 30 percent of it's foreign Read more

Airtel Malawi’s Telecommunications Tower Sold To London-based Helios Towers Plc

The sale of Airtel Malawi’s telecommunications tower to London-based Helios Towers plc will help Airtel to improve and strengthen its Read more

Banki Mkhonde women trained in business management

A Mchinji based organization, Girls Activist Youth Organization (GAYO) has trained village savings loan groups locally known as Banki Mkhonde Read more

Forex Shortage Hit Airline Business Operations

Malawi’s forex shortage is threatening operations in the airline business, creating uncertainty on the future of the industry, Business News Read more

Fuel Hike To AAffect Tobacco Market

Local tobacco producers are expressing fear that this year’s tobacco market will be affected by the recent fuel price hike. Read more

Leave a Reply

Your email address will not be published. Required fields are marked *