Saturday, February 24

Reserve Bank Of Malawi Plans To Sell Gold Next Month

The Reserve Bank of Malawi (RBM) will next month start processing and selling the gold it has been buying in the country.

RBM Director [Public Relations] Ralph Tseka said revenue from the commodity will help in raking forex for the country.

  • Ekhaya Extends Wanderers Sponsorship

    Ekhaya Extends Wanderers Sponsorship

    Mighty Mukuru Wanderers can now breathe a sigh of relief as their major sponsor Ekhaya Group of Companies has extended the club’s sponsorship. The decision to extend the sponsorship comes weeks after Ekhaya owner Thomson Mpinganjira, who is also the Lali Lubani Road outfit’s president and board chairperson, cast doubt on extending the sponsorship, saying…

  • Admarc Depots Full ‘Rotten’ Maize

    Admarc Depots Full ‘Rotten’ Maize

    Agricultural Development and Marketing Corporation (Admarc) has said it sold all the 12 304 metric tonnes (MT) of maize which was at first declared “not fit for consumption” last year. Admarc spokesperson Agnes Ndovi confirmed this in an interview yesterday, saying the decision to dispose off the maize followed a second opinion from Malawi Bureau…

  • Mulli’s K270 billion Claim Ruling In March

    Mulli’s K270 billion Claim Ruling In March

    The High Court in Blantyre has deferred its ruling for 14 days on whether to proceed or dismiss a case involving businessman Leston Mulli. Mulli is seeking up to K270 billion, plus interest, from the government in a lawsuit for loss of business over a three-year period during the Joyce Banda administration after a ban…

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