Business
WordPress is a favorite blogging tool of mine and I share tips and tricks for using WordPress here.
Bankers call for vat rate reduction
January 10, 2024
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
January 10, 2024
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
January 9, 2024
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
January 9, 2024
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
January 8, 2024
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
January 8, 2024
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
January 6, 2024
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…
Think-tank touts research for growth
January 6, 2024
Think-tank touts research for growth
Local think tank, the Mwapata Institute, has touted the power of systematic research to drive Malawi’s drive to diversify the…
Trade deficit hit $1.6 trillion in 2023
January 6, 2024
Trade deficit hit $1.6 trillion in 2023
The year 2023 closed with a trade deficit of about $1.6 billion (about K2.7 trillion) as the country’s export earning…
El Nino’s economic impact to be known in Feb—RBM
January 5, 2024
El Nino’s economic impact to be known in Feb—RBM
The Reserve Bank of Malawi (RBM) has allayed fears over potential economic fallout caused by El Nino, saying the real…