Business
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Tobacco revenue down 18%, figures show
August 24, 2020
Tobacco revenue down 18%, figures show
Malawi has to date earned $131 million (about K96 billion) from tobacco in week 18 of sales, figures from Tobacco…
Indigenous businesses Lose out procurement
August 24, 2020
Indigenous businesses Lose out procurement
Minister of Trade Sosten Gwengwe says indigenous Malawians are not benefiting from public procurement despite available regulations for preferential treatment.…
Rab Group CEO gives govt hints on job creation
August 24, 2020
Rab Group CEO gives govt hints on job creation
Rab Group of Companies group chief executive officer Ahmed Sunka has asked government to address issues of high taxes, smuggling…
Malawi’s trade deficit improves in June
August 22, 2020
Malawi’s trade deficit improves in June
Malawi’s trade deficit-an amount by which the cost of a country’s imports exceeds its exports-slightly improved in June by 2.8…
Govt seeks affordable capital for SMEs
August 22, 2020
Govt seeks affordable capital for SMEs
In a bid to secure affordable financing for small and medium enterprises, the Ministry of Industry is engaging financial institutions…
When MGDS III fails mid-term exams
August 21, 2020
When MGDS III fails mid-term exams
The mid-term performance of the Malawi Growth and Development Strategy (MGDS III) is like a student who has failed mid-term…
Govt closes year With k429bn deficit
August 21, 2020
Govt closes year With k429bn deficit
Treasury has posted a K428.7 billion deficit in the 2019/20 financial year, published Reserve Bank of Malawi (RBM) figures showed…
Slow progress on 41MW power plant irks minister
August 21, 2020
Slow progress on 41MW power plant irks minister
Minister of Energy Newton Kambala has warned that government will engage a new investor if work continues to stagnate at…
Businesses call for voluntary compliance window extension
August 21, 2020
Businesses call for voluntary compliance window extension
The private sector and a tax expert have called for the extension of voluntary compliance window (VCW) to allow businesses…
Pension tax irks workers
August 21, 2020
Pension tax irks workers
Malawi Congress of Trade Unions (MCTU) has decried the 16.5 percent value added tax (VAT) that will be levied on…