Business
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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…
Investors shift to long term instruments
April 24, 2021
Investors shift to long term instruments
Appetite for long term instruments is fast picking evidenced by Reserve Bank of Malawi (RBM) data which shows Treasury bills…
Growers protest Low tobacco prices
April 23, 2021
Growers protest Low tobacco prices
Tobacco growers have protested poor prices buyers are offering and have asked the Ministry of Agriculture to engage buyers to…
MCCCI calls for tax policy review
April 23, 2021
MCCCI calls for tax policy review
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has called for review of the tax policy and reduce…
Tobacco indeed a dying industry, but
April 22, 2021
Tobacco indeed a dying industry, but
During the official opening of the 2021 Tobacco Marketing Season in Lilongwe on Tuesday this week, President Lazarus Chakwera made…
Tough q1 for consumers
April 22, 2021
Tough q1 for consumers
Rising food prices continued to push up inflation rate in the first quarter (Q1) (January to March), figures from the…
Milk producers decry 3% withholding tax
April 22, 2021
Milk producers decry 3% withholding tax
Milk Producers Association of Malawi has asked Treasury to scrap off the three percent withholding tax on milk at the…