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Government confirms debt unsustainability

Government confirms debt unsustainability

 Ministry of Finance and Economic Affairs says Malawi’s debt is unsustainable over the medium-term with the county’s risk of debt…
Low minimum wage fuelling poverty—CfSC

Low minimum wage fuelling poverty—CfSC

 2022/23 budget analysis by the Centre for Social Concern (CfSC) has found that maintaining the monthly minimum wage at K50…
Chamber calls for balanced spending

Chamber calls for balanced spending

 Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has expressed concern over government’s continued focus on recurrent spending at…
UN tips Malawi on economic recovery

UN tips Malawi on economic recovery

 The United Nations Economic Commission for Africa (Uneca) has urged Malawi to invest in key economic sectors that directly impact…
Kwacha depreciation to moderate, says EIU

Kwacha depreciation to moderate, says EIU

 The Economist Intelligence Unit (EIU) has projected that kwacha’s depreciation will moderate this year largely due to rising foreign investment…
Govt’s macroeconomic under microscope

Govt’s macroeconomic under microscope

While the macroeconomic assumptions envisaged by government for the 2022/23 fiscal year appear credible, realising the same will be difficult…
EIU sees current account deficit narrowing

EIU sees current account deficit narrowing

The Economist Intelligence Unit (EIU) says Malawi’s current account deficit is expected to narrow this year largely due to an…
Milan star scouts for Malawi talent

Milan star scouts for Malawi talent

AC Milan legend Claudio Balesini will this weekend scout for players aged between 12 and 23 in an exercise to…
Standard Bank upbeat on economic recovery

Standard Bank upbeat on economic recovery

Standard Bank plc chief executive Phillip Madinga says the 2022/23 National Budget can stimulate full economic recovery from the Covid-19…
VAT removal won’t trigger price drop

VAT removal won’t trigger price drop

Taxation experts say the removal of 16.5 percent value added tax (VAT) on cooking oil and tap water does not…
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