Business
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Minimum wage debate rages on
July 6, 2020
Minimum wage debate rages on
Employers and an economist have warned that raising minimum wage across the board by about 43 percent without a corresponding…
Kwacha gains ground
July 4, 2020
Kwacha gains ground
Malawi’s currency, the kwacha continues to gain ground against major convertibles appreciating against almost all major trading currencies since January,…
Economists caution Mlusu on borrowing
July 4, 2020
Economists caution Mlusu on borrowing
Economic experts have cautioned the new Finance Minister Felix Mlusu against excessive borrowing to finance the government budget saying borrowing…
Agriculture commercialization faces investment hurdles
July 4, 2020
Agriculture commercialization faces investment hurdles
A working paper on Agribusiness Investment in Agricultural Commercialisation: Rethinking Policy Incentives in Africa, suggests that agriculture investment in Malawi…
Utility bills default cripples water boards
July 3, 2020
Utility bills default cripples water boards
Unpaid utility bills by ministries, department and agencies (MDAs) are worsening liquidity positions for the country’s water boards, the Malawi…
Admarc CEO admits delay to pay farmers
July 3, 2020
Admarc CEO admits delay to pay farmers
Agricultural Development and Marketing Corporation (Admarc) acting chief executive officer Felix Jumbe says the State produce trader has delayed paying…
Mixed fortunes in New tax measure
July 3, 2020
Mixed fortunes in New tax measure
Treasury’s move to widen the tax-free band and increase minimum wage could boost demand and production of goods for businesses,…
No honeymoon for Chakwera-Chilima
July 2, 2020
No honeymoon for Chakwera-Chilima
Now that the dust has settled, I would like to extend my hearty congratulations to President Lazarus McCarthy Chakwera and…
New IFMIS rolls out
July 2, 2020
New IFMIS rolls out
Accountant General Sungani Mandala has touted the new Integrated Financial Management and Information System (Ifmis) which went live yesterday, saying…
Income per capita to fall 1.8%—IMF
July 2, 2020
Income per capita to fall 1.8%—IMF
The International Monetary Fund (IMF) says the country’s gross domestic product (GDP) per capita or income per person could narrow…