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Business News
Tough times for Low wage earners
Minimum wage earners are struggling to provide for their families following a decline in income due to the Covid-19 pandemic,…
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Business News
Employers’ covid-19 recovery on hook
Employers Consultative Association of Malawi (Ecam) says it is worried with lack of commitment from government on recovery measures for…
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Business News
Covid-19 to worsen Poverty levels—report
The International Food Policy Research Institute (Ifpri) says an estimated 1.1 million Malawians have fallen into the poverty trap two…
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Business News
Sunbird moves to contain risks
Sunbird Tourism plc says it has appropriate structures in place to ensure adequate responses to emerging risks in its operating…
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Business News
Icam cautions Treasury on borrowing
The Institute of Chartered Accountants in Malawi (Icam) has warned Treasury that increased borrowing in the 2020/21 fiscal year will…
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Business News
IMF tips treasury on debt
The International Monetary Fund (IMF) says prudent fiscal management is needed to maintain macroeconomic sustainability. IMF resident representative Farayi Gwenhamo…
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Business News
Traders fault policies on poor performance
The National Working Group on Trade Association says lack of diversification and politicisation of trade policies is stiffing trade activities…
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Business News
‘Low revenue threatens development expenditure’
Economics Association of Malawi (Ecama) says there is likelihood that projected low revenue collection in the 2020/21 fiscal year could…
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Business News
Tax measures to boost businesses, jobs—expert
Taxation consultant Misheck Msiska says the newly introduced tax measures in the proposed 2020/21 National Budget will help to promote…
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‘Rising public debt, interest payments to dampen economy’
Rising public debt and interest payments could threaten the 2020/21 National Budget aspirations, Deloitte managing partner Nkondola Uka said yesterday.…
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Business News
Information gap cost small taxpayers, says expert
Small and medium taxpayers are losing tax cases because of lack of information on tax dispute resolution process, an analysis…
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Business News
Slow GDP growth to affect jobs—Ecama
The Economics Association of Malawi (Ecama) says slow growth and contraction of the country’s key economic sectors could increase job…
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Business News
Airtel Malawi posts K15.9bn profit, foresees volatility
Airtel Malawi plc profit has jumped by more than 588 percent from K2.3 billion in 2018 to K15.9 billion last…
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Business News
Covid-19 takes a swipe At casual labourers
A lot of people employed in the trading sector and in private schools and colleges have been on half pay or…
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Business News
Malawi yet to benefit from e-commerce—UN
The United Nations Conference on Trade and Development (Unctad) says Malawi is yet to benefit from opportunities arising from e-commerce…
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Business News
Malawi courts UK energy investors
Malawian renewable energy firms are engaging potential UK investors for investment opportunities in the sector. Innovate UK, which is part…
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Business News
Illegal imports choke local poultry industry
The Poultry Industry Association of Malawi (Piam) has decried illegal importation of poultry products which it argues has put the…
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Business News
World Bank tips Malawi, others on trade amid Covid-19 crisis
The World Bank has asked countries in the sub-Saharan Africa (SSA), including Malawi, to introduce practical policies to support enterprises…
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Business News
Commission states Vision 2063 pillars, enablers
The National Planning Commission (NPC) says agriculture productivity and commercialisation, resource-based industrialisation and urbanisation will form the economic backbone of…
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Business News
Maize prices drop
Increased availability of maize on the market has helped to lower maize prices to a minimum of K111 per kilogramme…
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