[ad_1] TRADE promotion agency, ZimTrade has tabled plans to connect local companies to the Zambia Agritech Expo set to kick off later this week. The high-level event in Zambia showcases the latest agricultural technology, products, and services which include precision agriculture technology, irrigation systems, seed and fertilizer innovations, livestock management solutions, and agricultural machinery and … Read More “Zimbabwe: Zimtrade Targets Zambia’s Agritech Expo” »
Tag: Business and Finance
[ad_1] Washington DC — As leaders gather for the Spring Meetings of the IMF and World Bank amid the cherry blossom trees of Washington, DC, there is some good news to celebrate. After three years of difficult negotiations within the G20 Common Framework on Debt, with the support of the IMF, Zambia has finally secured … Read More “Africa: Leaders Need to Break the Chokehold of Debt and Austerity. Our Health Depends On It” »
[ad_1] Dozens of energetic and productive Malawian youths are migrating to South Africa and Tanzania every year to seek employment and other economic opportunities. But as Derrick Chihana confided in local journalists when he returned from South Africa recently, grass is no longer greener for foreigners in the rainbow nation. Chihana revealed that the hard … Read More “Malawi: ‘Incentivize Agriculture to Stop Youth Migration’” »
[ad_1] The Dedza border post, situated between Malawi and Mozambique, is a busy place. On average, more than 80 trucks are cleared daily, carrying shop merchandise from South Africa to Malawi including fertilizers for Malawi’s agriculture sector. For the past few years, before the construction of the new One-Stop Border Post (OSBP) facility, it took … Read More “Malawi: Unlocking Malawi’s Trade Barriers Through One-Stop Border Posts” »
[ad_1] The Ministry of Energy has sustained a suspension of a 40.9 percent electricity tariff adjustment. The ministry’s energy officer, Austin Theu, has disclosed this. “The December 2023 directive is still in force. Official communication from the government will be provided in due course,” he said. Last year, the Malawi Energy Regulatory Authority (MERA) approved … Read More “Malawi: Govt Maintains Its Stand Not to Hike Electricity Tariffs” »
[ad_1] DPP MP for Blantyre City South Noel Lipipa has reiterated his earlier stand on the 2024-2025 budget estimates emphasizing that the financial plan delivered by the Minister of Finance and Economic Affairs, Hon. Simplex Chithyola Banda, MP is not only bordering on populism but unrealistic. Writing on his Facebook page in response to the … Read More “Malawi: DPP MP Lipipa Reiterates His Reservation With 2024/25 Budget – ‘Its Populist but Unrealistic.’” »
[ad_1] The United Nations Development Programme (UNDP) has challenged women to embrace renewable energy for social-economic development to make meaningful strides within their respective homes and communities. UNDP’s Gender and Development Specialist in Malawi, Juliet Sibale made the call at Ryalls Hotel in Blantyre during a Gender, Entrepreneurship and Financial training for women from Mulanje … Read More “Malawi: UNDP Tells Malawian Women to Embrace Renewable Energy” »
[ad_1] Malawi experienced substantial development and strategic positioning for the future in regards to rail development with notable highlights being, among other things, increased Regional Integration, according to the Director of Railway Services, Geoffrey Magwede. “CEAR and Vale Logistic Limited continued their successful operation of the Nacala Corridor, with increased frequencies leading to a rise … Read More “Malawi: Railway Transport Registers Progress in Landlocked Malawi” »
[ad_1] Washington — The World Bank today released the following statement on Zambia: “The World Bank welcomes the agreement between the Government of the Republic of Zambia and bondholders on the terms for restructuring Zambia’s Eurobonds. This follows the agreement Zambia reached in 2023 with the official bilateral creditors. The Official Creditor Committee has confirmed … Read More “Africa: World Bank Group Statement On Debt Restructuring Agreement for Zambia” »
[ad_1] Parliament on Tuesday passed the 2024/25 National Budget where members adopted 44 votes of estimates. The budget is pegged at K5.98 trillion and the sum will be appropriated to the Consolidated Recurrent and Capital Accounts for the purpose set out in the Recurrent and Capital Estimates. The Agriculture Sector has a lion’s share of … Read More “Malawi: 2024/25 National Budget Passed, DPP Says Implementation Is Key” »