Business

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Pension tax to hit jobs—ECAM

Pension tax to hit jobs—ECAM

Employers Consultative Association of Malawi (Ecam) has warned that some firms could be forced to fire workers following the 16.5…
Standard Bank plc H1 profit up 56%

Standard Bank plc H1 profit up 56%

Standard Bank plc has reported a 56 percent increase in profit after-tax to K12.75 billion in the first six months…
Minister ramps up efforts on job creation agenda

Minister ramps up efforts on job creation agenda

Minister of Labour Ken Kandodo says the ministry has developed a job creation strategy by involving small and medium enterprises…
FDH Bank donates to Friends of Embangweni Hospital

FDH Bank donates to Friends of Embangweni Hospital

FDH Bank plc has given K2 million to Friends of Embangweni Mission Hospital in Mzimba to enable the grouping buy…
Tobacco revenue down 18%, figures show

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

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

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

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

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

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…
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