Nissan Malawi Launches New Nissan Navara

Nissan Malawi is living up to its billing of being an innovation that excites its customers. The company is launching an exciting Nissan Navara modelon Thursday in Blantyre.


The event will take place at the Nissan’s showroom opposite Wenela bus depot in Blantyre.  


Nissan Navara got its name from the ]]>Navarre]]> region of northern Spain. And the new model has been labeled as rugged and redefined.

National Bank Rates Malawi’s Economic Outlook A Mix-Bag

National Bank of Malawi (NBM) has rated the country’s economic outlook as mixed despite the improvements registered in some key macroeconomic fundamentals.

NBM Chief Executive Officer, Macfussy Kawawa told the local media that there is need to exercise caution although some economic drivers are showing signs of stability.

In the past 10 months, inflation has been decelerating, hitting single digit at 9.3 percent in August and further going down to 8.4 percent in September.

World Economic Forum (WEF) Says Income Opportunity Declines

World Economic Forum (WEF) says opportunity to earn income slowed in 2017, with statistics showing the country’s economic participation has tumbled 73 places to 85 out of 144 economies.


Last year same period, the country was ranked 12 out of 144 economies, according to the WEF Global Gender Gap Report 2017. 


WEF report states that the country did well on labour force participation (1), estimated income earned (15) and wage equality for similar work (73).


Parliament Wants Malawian Companies To Transport Fuel

Parliamentary committee on Commissions Statutory Authority and State Enterprises has asked National Oil Company of Malawi (NOCMA) to ensure that 50 percent of the business of transporting oil into Malawi goes to locally owned companies.


Currently, it is estimated that 75 per cent of the transporters are from foreign countries, mainly Tanzania, with the remaining quarter from Malawi.


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