Business News
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Govt k5bn rental Arrears choke mpico
Mpico Limited, a Malawi Stock Exchange (MSE)-listed property management firm, has said the K5 billion rental arrears it is…
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Minibus owners form parallel association
There is division among minibus operators in the country as some have formed and registered a parallel association called Minibus…
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Macra developing cost models, pricing frameworks
The Malawi Communications Regulatory Authority (Macra) is developing cost model and pricing frameworks for telecommunication services to analyse and assess…
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Electrical contractors cry foul
Electrical contractors say they are losing business to uncertified and unregistered firms despite having the backing of Malawi Energy…
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Tax incentives, a dent on economies—network
While tax incentives are adopted and used by most African economies, including Malawi, to create jobs and encourage investment…
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Malawi exports to SA rise, hit K40bn
Malawi’s exports to South Africa were recorded at $54.722 million (about K40 billion) in 2016, according to figures from Malawi…
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Inflation drives up services Sector performance—MCCCI
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says the anticipated profit growth for companies in the service sector…
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Govt yet to adopt domestic tourism strategy
Two years after its formulation, Ministry of Industry, Trade and Tourism is yet to operationalise the Malawi Development Tourism…
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Mapa hails alcohol manufacturers’ move
Malawi Alcohol Policy Alliance (Mapa) national coordinator Nelson Zakeyu has hailed Alcohol Manufacturers Association (AMA) for recalling all liquor…
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Export diversification Still slow, says report
Malawi’s is yet to make meaningful headway in its export diversification drive, with figures from Malawi Revenue Authority (MRA)…
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Experts describe Malawi’s tax regime as unfair
Tax experts have described Malawi’s tax regime as unfair, saying instead of a broad tax base, the country has…
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Establish manufacturing firms, Teveta challenges Malawians
Technical, Entrepreneurial, Vocational Education and Training Authority (Teveta) has challenged Malawians to come up with manufacturing firms to grow…
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Businesses outline export challenges
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has said while the general business environment remains challenging, lack…
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UN Sacco surplus up 258% amid economic turmoil
United Nations (UN) savings and credit cooperative (Sacco) recorded a 258 percent increase in surplus to K27.5 million in…
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Two fuel reserves still dormant
The National Oil Company of Malawi (Nocma) says it is still exploring operational options for fuel reserves at Chipoka in…
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Economists call for unity in implementing MGDS III
As the country is yet to implement the third Malawi Growth and Development Strategy (MGDS III), economics analysts have called…
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Economic environment has slightly improved to attract foreign investors
Asset manager Alliance Capital Limited says the stability of the kwacha coupled with the decelerating inflation and other positive macroeconomic…
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‘Positive macroeconomic fundamentals recipe for FDIs’
Asset manager Alliance Capital Limited says the stability of the kwacha coupled with the decelerating inflation and other positive macroeconomic…
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MRA attributes target achievement to compliance
Voluntary tax compliance helped Malawi Revenue Authority (MRA) to beat its target for the 2016/17 fiscal year by K42.56 billion…
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MSE courts investors, holds symposium in Blantyre
The 13-counter Malawi Stock Exchange (MSE), which has not listed any company since 2008, has urged the private sector to…
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