On Wednesday, the Economist Intelligence Unit (EIU) revised the country’s economic growth projection for 2019 to 4.9 percent. The revision is 10 basis points lower than Treasury’s initial forecast of 5 percent. Nico Asset Managers said in its Monthly Economic Report for July 2019 that the unit revised Malawi’s growth projection after Cyclone Idai caused…

No easy job for graduates

  On a chilly Wednesday on June 6 2016, Golden Peackock Hotel in Lilongwe was home to long, winding rows as youthful Malawians queued for jobs. The Chinese-owned hotel wanted to recruit waiters, bartenders, cleaners, stewards, security guards, receptionists and room attendants with Malawi School Certificate of Education (MSCE). However, some job-seekers stuck in the…

MRA donates to NPL Mother’s Fun Run

Malawi Revenue Authority (MRA) has donated medical equipment worth K3 million towards this year’s Nation Publications Limited (NPL) Mother’s Day Fun Run. Speaking at a ceremony at MRA offices in Blantyre on Wednesday, MRA corporate social responsibility officer Emma Mwasinga said the donation is an expression of the public tax collector’s commitment to improve the…