Business
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World Bank commits support to social protection initiatives
February 7, 2024
World Bank commits support to social protection initiatives
The World Bank says it will continue to help Malawi with adaptive social protection initiatives to enhance resilience of vulnerable…
MRA facing hitchesto broaden tax net
February 6, 2024
MRA facing hitchesto broaden tax net
Malawi Revenue Authority (MRA) efforts to attract the informal sector into the tax net continue to face hurdles as most…
Govt eyes K1tn cut in external debt
February 6, 2024
Govt eyes K1tn cut in external debt
Malawi could see its external debt declining by about $592 million (K1 trillion) if the country’s proposed debt restructuring strategy…
Minister wants strict enforcement of new minimum wage
February 6, 2024
Minister wants strict enforcement of new minimum wage
Minister of Labour Agnes NyaLonje yesterday challenged labour inspectors to strictly inspect and enforce compliance to the newly gazette minimum…
IMF lauds progress on economic reforms
February 5, 2024
IMF lauds progress on economic reforms
International Monetary Fund (IMF) country representative Nelnan Koumtingue has commended the country’s fiscal authorities for the progress made in implementing…
Forex situation to determine regulation review, says RBM
February 5, 2024
Forex situation to determine regulation review, says RBM
The Reserve Bank of Malawi (RBM) says monetary authorities will review the 30 percent mandatory sale of export proceeds regulation…
Chapola retires from Nico Life, urges insurance-friendly laws
February 4, 2024
Chapola retires from Nico Life, urges insurance-friendly laws
Nico Life Insurance Company Limited outgoing chief executive officer (CEO) Eric Chapola says Malawi needs insurance-friendly laws to fully benefit…
Consumers want action on sugar crisis
February 3, 2024
Consumers want action on sugar crisis
Consumers Association of Malawi (Cama) has asked sugar manufacturer Illovo Sugar (Malawi) plc and Ministry of Trade and Industry to…
Salima sugar moves to stem supply gap
February 3, 2024
Salima sugar moves to stem supply gap
Salima Sugar Malawi has started repackaging sugar from its 50 kilogramme (kg) bags into one-kilogramme packets for sale in local…
Firms courted to free trade area
February 2, 2024
Firms courted to free trade area
Ministry of Trade and Industry says it it searching for businesses willing to trade in the guided trade initiative (GTI)…