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China financial pledge down 33%, yet to commit to Malawi

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

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

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

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

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

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

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

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

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

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…
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