Business

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Minimum wage debate rages on

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

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

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

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

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

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

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

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

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

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…
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