Business
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How kwacha depreciation caused devastation in 2021
December 29, 2021
How kwacha depreciation caused devastation in 2021
For businesses, 2021 will remain a painful year following the tumbling kwacha, which saw the country grappling with higher costs…
Bank says economic growth faces risk
December 29, 2021
Bank says economic growth faces risk
The World Bank says Malawi’s economic recovery and growth face risks from macroeconomic imbalances and continued government expenditure towards consumption…
Council seeks K2bn bailout from central government
December 29, 2021
Council seeks K2bn bailout from central government
Mzuzu City Council has engaged government for a K2 billion bailout to settle arrears it owes suppliers of goods and…
Neef loans demand increased in 2021
December 28, 2021
Neef loans demand increased in 2021
Amid Covid-19 economic hardships, the surge in demand for National Economic Empowerment Fund (Neef) soft loans aimed at inducing economic…
NSO survey indicates child labour rampant
December 28, 2021
NSO survey indicates child labour rampant
The latest Multiple Indicator Cluster Survey by the National Statistical Office (NSO) has shown that child labour remains a huge…
MCCCI makes fresh call for cut in ICT services taxes
December 28, 2021
MCCCI makes fresh call for cut in ICT services taxes
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has urged Ministry of Finance to review taxation policies on information…
Market liberalisation hits consumers hard—Cama
December 27, 2021
Market liberalisation hits consumers hard—Cama
Consumers Association of Malawi (Cama) says the liberalised market system, which removed direct government grip of controls on the market,…
MCCCI, Icam want tax policies reviewed
December 27, 2021
MCCCI, Icam want tax policies reviewed
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) and Institute of Chartered Accountants in Malawi (Icam) have asked Treasury…
Four-month deficit jumps to K202.5bn
December 27, 2021
Four-month deficit jumps to K202.5bn
Treasury has recorded a deficit of K202.5 billion in its budget operations in the first four months of this fiscal…
Multi-billion Kwacha tourism city on the cards
December 26, 2021
Multi-billion Kwacha tourism city on the cards
Construction of a multi-billion Kwacha tourism city along the beach of Lake Malawi in Nkhotakota is set to commence in…