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Remittances drop Hits households
May 18, 2021
Remittances drop Hits households
A new report shows that 80 percent of households in Malawi experienced a decline in remittances, a situation experts fear could…
Report shows Treasury borrowed K124bn in Jan
May 18, 2021
Report shows Treasury borrowed K124bn in Jan
Net credit to central government from commercial banks grew by 16.9 percent or K124.1 billion to K857.3 billion in January…
Tobacco Commission unveils new buyer
May 17, 2021
Tobacco Commission unveils new buyer
Tobacco Commission (TC) on Friday unveiled a Serbian tobacco buying company called Tobacco Industry of Bujanovac (TIB). The company is…
Bad start for Fiscus in H2
May 17, 2021
Bad start for Fiscus in H2
Treasury has started the second half (H2) of the 2020/21 financial year with a 30.6 percent or K45.8 billion revenue…
Farmers losing out on maize minimum prices
May 15, 2021
Farmers losing out on maize minimum prices
Retail maize prices declined by six percent to an average of K171 per kilogramme (kg), published International Food Policy Research…
Local Banks In Cautious Lending
May 15, 2021
Local Banks In Cautious Lending
Private sector credit declined by seven percentage points to 16.8 percent in the first quarter—January to March 2021—published “The quarterly…
Gloomy outlook for Q2
May 14, 2021
Gloomy outlook for Q2
Reserve Bank of Malawi (RBM) says the local unit will depreciate by about 2.2 percent in the second quarter (April…
CfSC for increased minimum wage
May 14, 2021
CfSC for increased minimum wage
The Centre for Social Concern (CfSC) has asked Treasury to consider effecting another minimum wage hike as a way of…
Internet tax review can make data rates fall
May 13, 2021
Internet tax review can make data rates fall
When Malawi Communications Regulatory Authority (Macra) announced that effective Thursday, April 22 2021, mobile network operators in the country would…
Going gets tough For urban poor
May 13, 2021
Going gets tough For urban poor
The Covid-19 pandemic could push over 147 000 Malawi urban dwellers into poverty, this is according to the World Bank.…