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Malawi facing capacity gaps despite strides

Malawi facing capacity gaps despite strides

The African Development Bank (AfDB) says Malawi still faces significant capacity gaps in macroeconomic modelling, despite the huge strides made…
New system rakes in K40.9bn tax revenue

New system rakes in K40.9bn tax revenue

The Malawi Revenue Authority (MRA)  says the Block Management System (BMS) has helped the tax agency.to widen the tax base,…
Devaluation pushes up Insurance premiums

Devaluation pushes up Insurance premiums

Insurance premiums are set to rise following the 44 percent devaluation of the local unit to allow firms realise adequate…
Fiscal deficit down 13%in Mid-Year Budget

Fiscal deficit down 13%in Mid-Year Budget

Minister of Finance and Economic Affairs Simplex Chithyola-Banda’s maiden financial plan will see the fiscal deficit as a percentage of…
NPC urges government to float the kwacha

NPC urges government to float the kwacha

National Planning Commission director general Thomas Munthali has urged the Malawi government to float the kwacha against major international currencies…
Local banks capitalisation hits K5.9tn—IMF

Local banks capitalisation hits K5.9tn—IMF

The banking sector’s total market capitalisation has doubled to K5.9 trillion as at end June 2023, exceeding banking sector total…
Forex market liquidity tight

Forex market liquidity tight

Foreign exchange market liquidity remains tight with demand outpacing supply,  thereby putting pressures on the local currency, Business News has…
Govt urged to focuson structural problems

Govt urged to focuson structural problems

Economic analysts have urged the government to focus on the “structural problems” that led to the devaluation of the kwacha…
Devaluation is here, tighten your belts

Devaluation is here, tighten your belts

Dust is yet to settle on the 44 percent devaluation of the kwacha the Reserve Bank of Malawi (RBM) implemented…
SMEs urge Treasury to formalise incentives

SMEs urge Treasury to formalise incentives

Chamber for Small and Medium Enterprises Association (Smea) has urged Treasury to come up with incentives to stimulate growth of…
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