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Tobacco tenancy system rife—ILO

Tobacco tenancy system rife—ILO

Despite its abolition in the country, the International Labour Organisation (ILO) says the tenancy system is still existing with 31…
Forex reserves at 2.4 months cover—RBM

Forex reserves at 2.4 months cover—RBM

Foreign exchange reserves have picked up over the past three months, hitting $603 million (about K1 trillion), an equivalent of…
Africa’s payment platform is fully operational, Papss chief tells bankers

Africa’s payment platform is fully operational, Papss chief tells bankers

Pan-African Payment & Settlement System chief executive officer (CEO) Mike Ogbalu III, has told executives of African commercial banks and…
Property sector struggling, rental income growth slows

Property sector struggling, rental income growth slows

The property sector is yet to reach its full potential post-Covid-19 with rental income failing to grow because of high…
MCCCI courts youths on FINANCing, jobs

MCCCI courts youths on FINANCing, jobs

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has courted youths to the 34th Malawi International Trade Fair (MITF),…
Domestic tourism revenue jumps 18%

Domestic tourism revenue jumps 18%

Malawi has moved away from reliance on international visitors for the tourism sector as domestic tourism generated K632 billion last…
MRA rolls out excise tax stamps regime

MRA rolls out excise tax stamps regime

Malawi Revenue Authority (MRA) has rolled out excise tax stamps on various products in a bid to boost revenue collection…
MSE share prices, market capitalisation drop—report

MSE share prices, market capitalisation drop—report

The Malawi Stock Exchange (MSE) market capitalisation marginally dropped as share prices dipped, leaving the local bourse in negative return…
Regional body hails Malawi progress on solar energy

Regional body hails Malawi progress on solar energy

Representatives from the Regional Energy Regulators Authority (Rera) have hailed the progress Malawi has made in developing its solar energy…
Public debt could swell to K15tn

Public debt could swell to K15tn

Ministry of Finance and Economic Affairs says public debt hit K13.1 trillion in December 2023, consuming half of tax revenue…
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