Business
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China financial pledge down 33%, yet to commit to Malawi
December 10, 2021
China financial pledge down 33%, yet to commit to Malawi
Ministry of Finance says Treasury is yet to get feedback on whether China will fund some government projects in the…
Shrinking reserves to dampen Kwacha further—Fimda
December 10, 2021
Shrinking reserves to dampen Kwacha further—Fimda
Financial Market Dealers Association of Malawi (Fimda) says the continued decline of the country foreign exchange reserves will continue to…
Agricultural investment firms eyeing timber exports
December 9, 2021
Agricultural investment firms eyeing timber exports
Agricultural investment firm Pyxus Agriculture Limited says it has invested $8.2 million (about K6.7 billion) in forestry business, eyeing diversified…
ILO, partners for enhanced social protection programme
December 9, 2021
ILO, partners for enhanced social protection programme
The International Labour Organisation and players in the social protection sector are pushing for a well-coordinated implementation of social protection…
Inefficiencies grip Malawi’s vat system
December 9, 2021
Inefficiencies grip Malawi’s vat system
The new Domestic Revenue Mobilisation Strategy has exposed glaring inefficiencies in the country’s value added tax (VAT) system, revealing that…
Malawi IPPs to benefit from K71bn facility
December 9, 2021
Malawi IPPs to benefit from K71bn facility
The African Trade Insurance Agency (ATI)says it will issue additional guarantees to two of the country’s independent power producers (IPPs)…
Why forex will remain scarce in Malawi
December 9, 2021
Why forex will remain scarce in Malawi
Malawi is no stranger to foreign exchange shortages and fluctuations in value. This has been the situation for some time…
Covid-19 to determine economic growth—AfDB
December 8, 2021
Covid-19 to determine economic growth—AfDB
The African Development Bank (AfDB) says southern African countries, including Malawi, are set for an economic rebound in 2021 and…
MRA seeks to drag 1.3m SMEs into tax net
December 8, 2021
MRA seeks to drag 1.3m SMEs into tax net
Malawi Revenue Authority (MRA) says it expects to bring 1.3 million small and medium enterprises (SMEs) into the tax net…
IMF tips central banks on taming inflation
December 7, 2021
IMF tips central banks on taming inflation
The International Monetary Fund (IMF) has challenged central banks to be ready to adjust the course in the wake of…