Business
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Experts tip treasury On 2021/22 budget
April 29, 2021
Experts tip treasury On 2021/22 budget
Economists have tipped Treasury to develop a 2021/22 National Budget that will spur economic development by providing private sector incentives…
Taxes choke ICT sector
April 28, 2021
Taxes choke ICT sector
Information and Communications Technology Association of Malawi (Ictam) has urged government to review some of the taxes in the ICT…
Ministry moves to craft Covid-19 recovery plan
April 27, 2021
Ministry moves to craft Covid-19 recovery plan
Ministry of Finance says it is working with the United Nations (UN) to develop a Covid-19 economic recovery plan to…
Covid-19 knocks manufacturing
April 27, 2021
Covid-19 knocks manufacturing
Manufacturing output continues to decline occasioned by the global containment measures instituted to stop the spread of Covid-19, the Malawi…
Tobacco buyers cautious on buying auction leaf
April 26, 2021
Tobacco buyers cautious on buying auction leaf
The Tobacco Processors Association (TPA) says due to international regulations on traceability of tobacco, buyers are cautious on buying the…
RBM sees deficit widening to 11.3% of GDP
April 26, 2021
RBM sees deficit widening to 11.3% of GDP
The Reserve Bank of Malawi (RBM) has projected that the 2020/21 fiscal deficit will worsen further to an equivalent of…
Levy suspension cripples local tourism industry
April 26, 2021
Levy suspension cripples local tourism industry
The Ministry of Tourism, Wildlife and Culture has decried suspension of the tourism levy last year due to Covid-19, saying…
Cooking oil manufacturers insist VAT pushed up price
April 25, 2021
Cooking oil manufacturers insist VAT pushed up price
Edible Cooking Oil Association of Malawi (Ecoam) has insisted that the 16.5 percent value added tax (VAT) levied on the…
Nico Holdings diversifies portfolio, sets up new firm
April 25, 2021
Nico Holdings diversifies portfolio, sets up new firm
Nico Holdings plc, a Malawi Stock Exchange (MSE)-listed financial services group, has established a new company Nico Capital Limited to…
External debt service soars
April 24, 2021
External debt service soars
Malawi’s external debt service has soared significantly in the past decade; a situation analysts fear is costing the country a…