Real Estate and Property in Malawi for Sale and Rent

2017

President of Malawi, Mutharika, Kick-Starts Lilongwe’s Grand Business Park Construction  

  Malawi’s first citizen, Professor Arthur Peter Mutharika, said the establishment of the Grand Business Park in Lilongwe, is a confirmation that the direct investment program established by the government will yield positive results, bring jobs and money into the country. The statement was made during the ceremony to mark the construction of the multi-million dollar project - the Grand...

Construction of K360M Basketball Court in Lilongwe Underway

It is great news for basketball lovers and the Basketball Association of Malawi (BASMAL). According to the association, construction of a basketball court in Lilongwe worth that is K360M is underway. According to Edgar Ng’ong’ola, the Secretary-General of the Basketball Association of Malawi, the project for the construction of basketball court in different parts of the country began since 2016. The...

Construction of Hall of Fame Receives Different Views

The idea came from Mr. Allan Ngumuya, a member of parliament for Blantyre City South. Mr. Allan thought that the Malawian past prominent people, who positively changed the country’s look, were not given the right attention they deserve. The Member of Parliament said that the Hall of Fame should be used in documenting and housing the historical facts about those who achieved greatness in...

Aid by the World Bank toward Malawian economy

World Bank is renowned for being on the forefront in helping the African countries either financially of by advice on how to boost the economy. The bank either gives grants to the state at lower interest rates or they engage in supporting the community’s trough non-governmental organizations. On 22nd November 2017, the bank launched three main reports on Malawians economy at a ceremony that was held...

Heavy Downpour Destroys Houses in Malawi

Heavy rains that were accompanied by strong winds experienced in Traditional authority (TA) Katuli in Mangochi Malawi have destroyed 112 houses and left five individuals with casualties according to District Protection Committee (DCPC).  Amongst the five people who were injured are two women and three children. The patients were able to treated and discharged on the same day at the local...

Construction of US$100 million Lilongwe Grand Business Park Project to start today

This construction, starting on November 22, is the result of the  2015 Malawi Investment Forum (MIF) which government hosted. A ceremony presided by President Peter Mutharika will take place at the site location in Area 46. In this park you will find a shopping mall, high class office buildings, villas with supporting facilities such as a five star hotel and a conference center. The core objective...

Cost Implications of Building Local Firms in Africa

Most of the African countries are poor hence not in a position to finance their investments. Eventually, most citizens and governments believe that it’s only through Foreign Direct Investment (FDI) that African countries can grow. FDI comes with technical and organizational skills; it creates more employment opportunities to the locals. Besides, it pays taxes to the government hence helping the state...

Airbnb Flourishes in South Africa though With a Lot of Concerns

Tourism is the backbone of the economic growth in most of the African countries. For the better growth of tourism, most of the factors must be put in place for the smooth running and working towards the achievement of the customer’s satisfaction to the maximum. Transport networks, hotels, and restaurants are just but few critical areas where a standard is required. Airbnb is an online marketplace and...

Mzuzu International Airport Construction Project to Start in January 2018

The Malawi government will commence the construction of one of its major international airports in January 2018 as announced by Arthur Peter Mutharika, the president. The head of state announced to the citizens at Katoto Roundabout; while on official duty in the region. Malawian government wants to boost its economic development, and one way through which this can be achieved quickly is through growth...

Malawi Economy under Siege Says MCP

During the annual parliamentary, presidential address, President Peter Mutharika on his 47th session of parliament assured the members of parliament that the Malawian economy was on a steady rise citing the reduction in inflation and interest rates which shows signs of economic stability. The president talks about the 5.5% growth which has been realized within a spell of a shorter time. As expected the...

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