Mutharika says in 5 years Malawi to transform into skilled, export oriented economy

Malawi President Peter Mutharika has said his government has stepped up efforts aimed at transforming the country into a more skilled and export oriented economy within five years. Mutharika made the sentiments during a Televised Session cast live on CNBC-Africa which was part of the World Economic Forum summit dubbed ‘Annual Meeting of the new […]

Chinese ‘Mapwevupwevu’ for Mutharika: Malawi leader lauds China support

Chinese buffet for Malawi President Peter Mutharika on official visit in China is not only about food on his table, but he is also getting support for the social progress in fields like agriculture, health and education. Speaking at one of the luncheons [Mapwevupwevu] hosted in his honour by China’s Liaoning Provincial governor, Chen Qiufa, […]

Huawei offers Malawi ICT scholarships in China’s top universities

Huawei Technologies Company has given Malawi government scholarships that would enable young Malawians to train in areas of Information, Communication and Technology (ICT) at top Universities in the People’s Republic of China. Huawei Chief Executive Officer (CEO) Xu Wenwei disclosed this during an audience with Malawian President Peter Mutharika in Dalian, China on Wednesday. According […]

Mutharika hopes for new Chinese projects: Malawi shunned by western donors, ‘looks east’

President Peter Mutharika is in the People’s Republic of China for a five-day visit that should unveil the next phase of Chinese funded development projects in the country over the next five years. Mutharika’s takes the ‘Look East’ policy to Beijing to further trade deals to help rescue Malawi’s ailing economy, which is suffering the […]

Mutharika heads to China: Malawi ‘looks east’ policy

Malawi President Peter Mutharika from Sunday will be visiting China for an official visit to advance his government’s ‘Look East’ foreign policy after being dumped by West on aid. Mutharika’s takes the ‘Look East’ policy to Beijing to further trade deals to help rescue Malawi’s ailing economy, which is suffering the effects of an aid […]

Chinese investors to establish coal plant in Malawi: Meet Mutharika

Malawi President Peter Mutharika recently met a team of Chinese investors at the Kamuzu Palace in Lilongwe and expressed the hope thatan increase in the production of energy will help to woo investors in the country. The President said currently Malawi is producing 351 megawatts of power which is not enough for both commercial and […]

Blantyre befenits from Malawi Investment Forum

The Blantyre City Council (BCC) has benefited from the first ever Malawi Investment Forum if the Memorandum of Understanding (MoU) that the city’s authorities have signed with the China-Zambia and China-Tanzania Friendly Cultural Exchange Programme on enhancing cooperation in various development projects, is something to go by. Mayor of the City of Blantyre Councillor Noel […]

Malawi court convicts Chinese business woman over tax fraud: Fined K1 million

Blantyre Magistrates Court  has convicted Feng Shaohong, a Chinese national, co-owner of ABC Shop in Blantyre for failing to issue and retain an Electronic Fiscal Devices (EFDs) receipt. According to a Steve Kapoloma, Malawi Revenue Authority (MRA) Deputy Director of Corporate Affairs,  Shaohong in February this year failed to issue and retain a fiscal receipt after selling assorted […]

Standard Bank hosts Malawi-China business forum

A day-long China-Malawi Business Forum has been held in Lilongwe organized by Standard Bank in partnership with the Embassy of the People’s Republic of China in Malawi with the aim of strengthening and deepening business relations between the two countries. Chief Executive Officer Andrew Mashanda said the forum gives the bank a platform to showcase […]

Mutharika hails China ‘aid’ to Malawi as West still withhold budgetary support

President Peter Mutharika has applauded the Chinese Government for playing a significant role in transforming Malawi’s socio-economic landscape since the establishment of diplomatic relations on 27th December, 2007. Mutharika made the remarks on Sunday at a news conference on the sidelines of the African Union summit held in Johannesburg, South Africa. Responding to a question […]

Success Group linking Malawians to Dubai and Chinese markets

A recently launched firm, Success Series Group, whose chief aim is to link Malawian business associates with markets in China and Dubai says Malawi can only hit it big in business if players take up the challenge of competing on global markets. CEO of the group, Sam Silumbu, 25, who is also studying Civil Engineering […]

China Xinwei Telecom to roll out in Malawi: Xu meets Mutharika

A Chinese telecommunication firm, Beijing Xinwei Telecom Technology Inc., will soon roll out in Malawi to offer cost-effective communication technologies to the rural masses according to the company’s Chief Scientist, Guanghan Xu. This came to light Friday when a highly powered five-member delegation of the firm led by Guanghan met President Prof. Peter Mutharika at […]

Chinese make jobs in Malawi, not take them -Ambassador

China Ambassador to Malawi, Zhang Qingyang, has said Chinese are not taking jobs for Malawians but are creating employment in the country and contributing to economic development. There have been concerns that Malawi’s open door on Chinese immigration is costing Malawians jobs and also that the Chinese traders are displacing locals. The issue has been […]

China donates K18m towards Malawi Investment Forum

The People’s Republic of China has donated over K18 million to the Malawi Government through Ministry of Trade and Industry for the Malawi Investment Forum (MIF) which will take place on 29 – 30 June, 2015. The donation was presented on Tuesday at the ministry’s headquarters in Lilongwe during the signing ceremony of Memorandum of […]

China ‘commodity aid’ for Malawi: Donate Police vehicles

Malawi Police will receive motor vehicles donated by the Chinese government in the form of commodity aid, Finance Minister Goodall Gondwe told parliament on Friday. The country is grappling with increased cases of armed robberies and recently official from the Embassy of the People’s Republic of China s warned that Chinese investors may decide to […]

China pledges more support for Malawi ‘without interference’

China has pledged more support for impoverished Malawi in several areas including education, Health, Agriculture, Transport, Business and Telecommunication. Malawi, which depends on mostly Western donors to bankroll most of its development programs, has beniffited a lot of infrastructure development with support of the Chinese – of course most on long term loans. Notable projects […]

Malawi national stadium project 80% complete: China-funded

To have CCTV system, 56 corporate lounges No provision for electronic ticketing Construction project for the 40,050-seater Chinese-funded stadium being built in the capital city, Lilongwe is nearing completion with almost 80 percent of the construction work complete but despite concerns from sports experts on the ticketing system used at other stadiums during local and international […]

Illegal Chinese workers swarm Lilongwe at Golden Peacock

Some illegal Chinese workers are still working at  Golden Peacock in the capital Lilongwe without the blessings of the Department of Immigration which denied them working permits for several times. Nyasa Times investigations has revealed that Golden Peacock management is still keeping the workers in their managerial positions despite the Immigration Department advice that the […]