Business

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Parliament hails role of geological department

Parliament hails role of geological department

The Parliamentary Committee on Agriculture, Irrigation and Natural Resources and Climate Change has described the Geological Survey Department is key…
Tax incentives, rates boost stock market

Tax incentives, rates boost stock market

Minister of Finance, Economic Planning and Decentralisation Joseph Mwanamvekha’s removal of capital gains tax (CGT) on stock trades coupled with…
Study puts fresh focus on domestic borrowing

Study puts fresh focus on domestic borrowing

The International Monetary Fund (IMF) says domestic borrowing is emerging as a key tool for African economies, including Malawi, to…
Minister warns against bloated 2026/27 budget

Minister warns against bloated 2026/27 budget

Minister of Finance, Economic Planning and Decentralisation Joseph Mwanamvekha yesterday wound up debate on the proposed K10.9 trillion 2026/27 National…
Miner finds niobium in Lake Chilwa basin

Miner finds niobium in Lake Chilwa basin

Chilwa Minerals Limited, a mining firm conducting explorations in Mpyupyu Hill around Lake Chilwa in Zomba District, says it has…
Committee pushes for K4.3bn allocation to Cotton Council

Committee pushes for K4.3bn allocation to Cotton Council

Parliamentary Cluster Committee on Agriculture and Irrigation, Natural Resources and Climate Change has called for increased budget allocation to Cotton…
UK charity issues alarm on Malawi’s debt crisis

UK charity issues alarm on Malawi’s debt crisis

UK-based charity Debt Justice says Malawi’s external debt service have reached an average of 20 percent of government revenue pegged…
RBM urges Saccos to embrace digital innovations

RBM urges Saccos to embrace digital innovations

The Reserve Bank of Malawi (RBM) has urged savings and credit cooperatives (Saccos) in the country to embrace digital transformation…
The rise of commissionaire arrangements

The rise of commissionaire arrangements

Multinational enterprises (MNEs) are constantly walking a tightrope: expanding into new markets while avoiding the cost, complexity and tax exposure…
Study puts Mkango’s rare earth project profitability at K593bn

Study puts Mkango’s rare earth project profitability at K593bn

Mining firm Mkango Resources Limited definitive feasibility study (DFS) for its Songwe Hill Rare Earth Project in Phalombe District has…
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