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Business News
Govt sets up workers’ compensation fund
Minister of Labour Ken Kandodo has admitted that rising workers’ compensation claims are increasingly becoming a burden on some employers,…
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Business News
Pension tax to hit jobs—ECAM
Employers Consultative Association of Malawi (Ecam) has warned that some firms could be forced to fire workers following the 16.5…
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Business News
Rab Group CEO gives govt hints on job creation
Rab Group of Companies group chief executive officer Ahmed Sunka has asked government to address issues of high taxes, smuggling…
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Business News
Indigenous businesses Lose out procurement
Minister of Trade Sosten Gwengwe says indigenous Malawians are not benefiting from public procurement despite available regulations for preferential treatment.…
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Business News
Malawi’s trade deficit improves in June
Malawi’s trade deficit-an amount by which the cost of a country’s imports exceeds its exports-slightly improved in June by 2.8…
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Business News
Govt closes year With k429bn deficit
Treasury has posted a K428.7 billion deficit in the 2019/20 financial year, published Reserve Bank of Malawi (RBM) figures showed…
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Business News
Pension tax irks workers
Malawi Congress of Trade Unions (MCTU) has decried the 16.5 percent value added tax (VAT) that will be levied on…
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Business News
Tea industry rebuffs minimum wage hike proposal
Tea Association of Malawi (Taml), a grouping of large tea estates, says it cannot afford to pay its workers the…
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Business News
Audit key to settling utility bills—Treasury
Ministry of Finance says it will wait for the National Audit Office to audit oustanding arrears government institutions owe the…
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National News
Old Mutual pays health workers’ Covid-19 claims
Old Mutual (Malawi) plc says it has settled one claim with two others in the pipeline four months since the…
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Business News
Commission zeroes in on poultry sector
Competition and Fair Trading Commission (CFTC) plans to carry out a study in the poultry sector following complaints of anti-competitive…
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Business News
Illovo speaks on sugar prices amid reduced exports
Listed sugar manufacturer Illovo Sugar (Malawi) plc says it will continue with its internal reforms to reduce production costs, amid…
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National News
Macra tackles data tariffs
The Malawi Communications Regulatory Authority (Macra) says it is engaging operators to reduce data prices in the country. In an…
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Business News
Industry output drops
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says output for firms that use imported raw materials has declined…
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Business News
Poor revenue collection chokes water sector—Jica
Inefficiencies in revenue collection by the country’s water boards is affecting the water sector from meeting its objectives, the Japanese…
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Business News
Govt to audit IPPs progress
Minister of Energy Newton Kambala says his ministry plans to assess the progress of Independent Power Producers (IPPs) in the…
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Business News
Mera cautious on global oil prices
Malawi Energy Regulatory Authority (Mera) says it is committed to ensuring that consumers pay the right prices for fuel while…
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Business News
Macra unpacks data price buildup
Malawi Communications Regulatory Authority (Macra) has cited low demand for Internet data, saying it forces operators to spread costs to…
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Business News
Maize farmers still getting raw deal on prices
A crowd sourcing exercise conducted by the Institute for Food Policy and Research International (Ifpri) indicates that farmers continue to…
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Editors Pick
Household loans surge
For two months running, individual and household loans have been registering an increase despite the wholesale and retail trade sectors…
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