Business
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Oxfam decries huge debt servicing cost
October 23, 2020
Oxfam decries huge debt servicing cost
Oxfam in Malawi has decried Treasury’s sky-rocketing cost of servicing debt, saying it is “sucking away” the much-needed revenue to…
Green Belt Authority eyes export markets for vegetables
October 23, 2020
Green Belt Authority eyes export markets for vegetables
The Green Belt Authority (GBA) says its Greenhouse Project is set to start supplying high-value vegetables to local and export…
Malawi’s per capita income jumps to $603
October 23, 2020
Malawi’s per capita income jumps to $603
Malawi’s per capita income has jumped by 72 percent from $350 (K262 500) to $603 (about K455 000), thanks to…
When banking becomes a nightmare
October 22, 2020
When banking becomes a nightmare
Most commercial banks in the country have invested heavily in information and communications technology (ICT) infrastructure in apparent bid to…
Dyke facilitates rural economic development
October 22, 2020
Dyke facilitates rural economic development
Zainab Maida and her family could still have been holding double temporary settlements if the community did not manage a…
Treasury asked to raise corporate tax
October 22, 2020
Treasury asked to raise corporate tax
Two international non-governmental organisation (NGOs)—Oxfam in Malawi and ActionAid Malawi—have asked Treasury to raise corporate tax rate from the current…
Public debt rise worries World Bank
October 21, 2020
Public debt rise worries World Bank
The World Bank has called on creditors and borrowers to collaborate to stave off the growing risk of sovereign debt…
Multilateral lenders Top Malawi’s creditors
October 21, 2020
Multilateral lenders Top Malawi’s creditors
Multilateral lenders top Malawi’s creditors with the World Bank alone accounting for $1.01 billion (about K761 billion), or 42 percent…
Veep dares councils on reforms, tourism
October 21, 2020
Veep dares councils on reforms, tourism
Vice-President Saulos Chilima has challenged local government councils to identify game-changing reforms to boost tourism and in turn create more…
Treasury outlines public debt risks
October 20, 2020
Treasury outlines public debt risks
Treasury has cited high stock of domestic debt, debt refinancing and exposure to exchange rate as risks to the sustainability…