Business

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Firm to cut 25% jobs due to VAT on cooking oil

Firm to cut 25% jobs due to VAT on cooking oil

The impact of 16.5 percent value-added tax (VAT) reintroduced on refined cooking oil continues to be felt, with the latest…
Towards an efficient, sustainable energy sector

Towards an efficient, sustainable energy sector

Did Electricity Generation Company (Egenco) and Aggreko escape regulatory scrutiny in coming up with their wholesale prices? The exercise of…
Why Malawians should worry about debt stock

Why Malawians should worry about debt stock

In his 35-page maiden State of the Nation Address (Sona) delivered in Parliament on September 4, President Lazarus Chakwera expressed…
Treasury to issue Development bond

Treasury to issue Development bond

Ministry of Finance has unveiled plans to issue the first-ever development bond with a maturity of 15 years in the…
Cross-border traders fear red tape in AfCFTA

Cross-border traders fear red tape in AfCFTA

Some cross-border traders have expressed fears on their potential to fully benefit from the African Continental Free Trade Area (AfCFTA)…
Network demands consideration in govt contracts

Network demands consideration in govt contracts

The Back Indigenous Business Network, has demanded special consideration in government contracts saying this will help empower Malawians. Network co-founder…
Chambo too expensive for the poor—study

Chambo too expensive for the poor—study

A latest study on Malawi’s fish variety tilapia  (chambo) in urban areas has shown that the commodity is more expensive,…
Capital markets face investor apathy—RBM

Capital markets face investor apathy—RBM

The Reserve Bank of Malawi (RBM) and Ministry of Finance have urged Malawians to embrace a culture of investing in…
Treasury moves to Curb revenue losses

Treasury moves to Curb revenue losses

Ministry of Finance has moved to curb revenue losses by cancelling non-productive Double Taxation Agreements (DTAs) with some countries not…
Commission warns traders of uncertified herbal medicine

Commission warns traders of uncertified herbal medicine

The Competition and Fair Trading Commission (CFTC) has warned unscrupulous traders of uncertified herbal medicines to stop selling the products…
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