Malawi Inflation Rate Now At 8.3%

National Statistical Office (NSO) has revealed that the country’s inflation is continuing to drop with current rate stands at 8.3 Percent.

 

The year-on-year inflation rate for October 2017 has dropped by 0.1 percentage points to 8.3 percent from the previous month’s 8.4 percent, NSO saidon Wednesday.

 

According to NSO, the drop reflects an increase in non-food inflation by 0.1 percentage points to 11.7 percent in October from the previous month’s 11.6 percent.

 

Malawi Losing Out On Uncharted Routes

Auction Holdings Commodities Exchange (AHCX) and Agriculture Commodities Exchange for Africa (ACE) have signed a memorandum of understanding (MoU) to counter informal trading.

 

It has been noted that traders who are opting to use uncharted routes to sale their agricultural commodities are denying the country an opportunity to earn revenue since they do not declare their commodities.

 

Minet Starts Operations in Malawi

Minet Malawi has launched its risk, reinsurance and human resources advisory operation, eight months after an announcement that the Pan- African private equity firm, Capital Works, had acquired Aon Plc’s operations across several sub-Saharan Africa countries.

 

Minet Malawi formerly Aon Malawi launched its operation on Tuesday as part of its quest to consolidate its market position in the country. The event was spiced up by legendary Yvonne Chaka Chaka who juggled the roles of official hostess and lead performer.

 

More Permits For Cement Importation

Ministry of Industry and Trade has started issuing out permits to allow the importation of cement into the country to address the shortage of locally produced cement on the market.

 

Cement scarcity has affected the construction industry and has forced vendors to cash in on consumers by hiking the commodity prices rising to between K9,000 and K10, 000 per 50 kilogramme bag from K6,000 recommended price. 

 

Lake Shore Hotels And Lodges Risk Closure For Noncompliance

The Environmental Affairs Department under the Ministry of Natural Resources, Energy and Mining has warned all hotels and lodges operating along the lakeshore that will be closed if they are not complying with Environmental Management Act (1996) stipulations.

 

The warning follows inspections the ministry is conducting in collaboration with the Department of Tourism and National Water Resources Authority.

 

ATC Partners Ashish Life Science On Livestock Production

Agricultural Trading Company (ATC) has entered into business agreement with Ashish Life Science to allow importation of affordable and quality veterinary drugs into the country.

 

ATC Marketing Manager, Maxwell Ng’ambi told local media they have been compelled to forge the partnership considering the impact of livestock production.

 

Ng’ambi said livestock production can help to alleviate poverty, diversify incomes and enhance food security.

 

Finance Manager

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Job deadline: 22nd November, 2017
Company: CADECOM Blantyre

Programmes Coordinator

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Company: World Food Programme

ABOUT WFP

Accounts Clerk

Location: Blantyre
Employment Type: Full-time
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Job deadline: 24th November, 2017
Company: NG Consulting

 

NG Consulting is a consultancy business based in Chigumula, Blantyre.

 
We are recruiting an Accounts Clerk.  We provide bookkeeping services to our clients and this role is primarily to service our clients, but will include some internal finance and administrative work too.

 
Main Duties