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National budget should stimulate economy, growth

National budget should stimulate economy, growth

From February 9 to April 5 2024, Parliament will start meeting in Lilongwe for the Budget Meeting to debate and…
External debt costs up 87% in 5 years—report

External debt costs up 87% in 5 years—report

Malawi’s external debt service costs have risen by 87 percent in five years, a development analysts say has shifted scarce…
Support human capital development—Mubas

Support human capital development—Mubas

Malawi University of Business and Applied Sciences (Mubas) has asked Treasury to support human capital development through education and skills…
Bankers call for vat rate reduction

Bankers call for vat rate reduction

The Bankers Association of Malawi (BAM) has urged Treasury to reduce value added tax (VAT) rate from 16.5 percent to…
Malawi’s savings rate lowest, shows analysis

Malawi’s savings rate lowest, shows analysis

Malawi’s savings rate at  11 percent is one of the lowest in the world and below the Sadc region’s 25…
MCCCI wants tax incentives for manufacturing sector

MCCCI wants tax incentives for manufacturing sector

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has urged government to provide tax incentives to manufacturing firms that…
Icam urges govt to widen tax-free band

Icam urges govt to widen tax-free band

The Institute of Charted Accountants in Malawi (Icam) has asked government to consider increasing further the tax-free bracket for employees…
IMF increases borrowing quota, analysts cautious

IMF increases borrowing quota, analysts cautious

Malawi and other IMF member countries have an opportunity to boost their capacity to borrow more from the fund after…
Economists hail IMF ECF positive impact

Economists hail IMF ECF positive impact

The impact of the International Monetary (IMF) four-year Extended Credit Facility (ECF) is being felt through the outpouring of resources,…
Thousands of MSMEs get FInES support

Thousands of MSMEs get FInES support

At least 44 677 Micro Small and Medium Enterprises (MSMEs) have gotten financing support worth about $53.8 million (about K53.8…
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