Business

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Economists speak on budget review

Economists speak on budget review

 Economists have cautioned Ministry of Finance and Economic Affairs to tread carefully on revising the proposed K3.7 trillion 2023/24 National…
 Banks rue 40% tax on profits

 Banks rue 40% tax on profits

The Bankers Association of Malawi (BAM) has protested the introduction of 40 percent corporate tax on annual profit above K10…
Minister reiterates mining potential to economy

Minister reiterates mining potential to economy

Minister of Mining Monica Chang’anamuno says government has put the mining sector at the centre of the economy as part…
Budget is stillborn, needs fresh start

Budget is stillborn, needs fresh start

When Minister of Finance and Economic Affairs Sosten Gwengwe tabled the proposed 2023/24 National Budget in Parliament, he was upbeat…
Nissan Malawi supports Cyclone Freddy survivors

Nissan Malawi supports Cyclone Freddy survivors

Nissan Malawi on Saturday donated K8 milion worth of assorted food and non-food items at Mpama Camp in Chikwawa District…
Agriculture sector faces K563bn funding gap

Agriculture sector faces K563bn funding gap

Malawi has a financing gap of $543 million (about K563 billion) required to achieve the transition to sustainable agriculture and…
 Treasury borrowing pushes up T-Bills rates

 Treasury borrowing pushes up T-Bills rates

The Treasury Bills (T-bills) market is gaining momentum with rates on all the tenors rising largely due to Treasury’s growing…
RBM moves to increase financial inclusion by 75%

RBM moves to increase financial inclusion by 75%

The Reserve Bank of Malawi (RBM) has outlined an ambitious plan to increase access to formal financial services to 75…
World bank cautions on forex shortage

World bank cautions on forex shortage

The World Bank says Malawi needs to urgently address the prevailing foreign exchange crisis, warning that prolonged forex shortage could…
Ecobank Malawi sponsors K30m for Malawi Exporters Awards

Ecobank Malawi sponsors K30m for Malawi Exporters Awards

Ecobank Malawi has secured the K30 million headline platinum sponsorship for the inaugural Malawi Exporters Awards being organised by the…
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