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Business News
Delay expected as deadline looms for AfCFTA rules of origin talks
Talks aimed at finalising key aspects of the African Continental Free Trade Area (AfCFTA) are facing delays as member countries…
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Business News
Kwacha least volatile-SADC
Southern African Development Community (Sadc) says the kwacha is the least volatile currency in the bloc, alongside the Tanzanian shilling.…
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Business News
Malawian appointed into UN tax committee
Malawi Revenue Authority (MRA) director of policy planning and research Waziona Ligomeka has been appointed to the United Nations (UN)…
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Business News
PPDA decries procurement knowledge gaps
The Public Procurement and Disposal of Assets Authority (PPDA) says knowledge gaps on procurement is affecting reporting and follow-up of…
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Business News
MRA chief speaks on taxes
The Malawi Revenue Authority (MRA) has during the 2020/21 financial year beat its target by K28.7 billion. In this current…
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Business News
MRA hopes to beat target amid Covid-19
The Malawi Revenue Authority (MRA) says it is optimistic that measures put in place to help broaden the tax base…
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Business News
Tobacco rejection rate rises
Tobacco rejection rate under auction system rose by four percentage points to 42 percent in week 11 of sales, published…
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Business News
Maize prices down 30%, selling at an average of K134/kg
Maize prices declined by between five to 30 percent in May with a kilogramme (kg) selling at an average of…
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Business News
Commission probes funeral service providers
The Competition and Fair Trading Commission (CfTC) has launched an investigation into alleged anti-competitive and unfair trading conduct by some…
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Business News
PPDA in capacity building to enhance procurement
The Public Procurement and Disposal of Assets Authority (PPDA) says capacity building for public procurement staff is key to improving…
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Business News
Pressure mounts on tobacco
Despite a good start, the tobacco industry is facing challenges that may impact the performance of the cash crop in…
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Business News
Firm sees improved forex reserves
The Economist Intelligence Unit (EIU) says the country’s foreign exchange (forex) reserves are projected to improve. The projection contradicts Reserve…
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Business News
New tax measures excite businesses
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says businesses are banking on the proposed 2021/22 tax policies…
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Business News
MW ready to tap into K750bn African market
Malawi has potential to tap from a $943 million (K754 billion) export markets through the African Continental Free Trade Agreement…
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Business News
Power demand soars
The Electricity Supply Corporation of Malawi (Escom) sold 1 576 gigawatts (GWh) of electricity in 2020, a 6.3 percent rise…
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Business News
Scramble for village banks
Bankers Association of Malawi (BAM)says the move by commercial banks to tap into village banks will help create a more…
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Business News
Trade key to stability—EU
The European Union (EU) says trade is key to attaining stable macroeconomic fundamentals and improved welfare of the people in…
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Front Page
Mlusu concedes Subsidy pressure
Minister of Finance Felix Mlusu says Treasury is working on an exit strategy model for the Tonse Alliance administration’s flagship…
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Business News
ECAMA says budget too ambitious
The Economics Association of Malawi (Ecama) has described the 2021/22 fiscal plan as ‘quite ambitious’ despite having measures to help…
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Business News
Ornamental stones dominate export basket
Mineral exports in the 2020/21 financial year continued to be dominated by ornamental stones used for interior decoration, Treasury records…
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