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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…
TC ponders e-ticketing for tobacco marketing

TC ponders e-ticketing for tobacco marketing

Tobacco Commission (TC) says it is pondering on the introduction of e-ticketing of tobacco marketing to replace physical auctioning to…
Mlusu to bank on Wide consultations

Mlusu to bank on Wide consultations

Newly-appointed Minister of Finance Felix Mlusu says he will bank on wider consultations with various experts on how to grow…
AfDB boosts Covid-19 fund in 5 countries

AfDB boosts Covid-19 fund in 5 countries

Malawi is among five African countries in the Southern African Development Community (Sadc) region to benefit from the African Development…
MCCCI wants tax burden reduced

MCCCI wants tax burden reduced

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says it is hoping for efficiency-driven fiscal policies and reduced…
FDH Bank set to offload 20% stake in August

FDH Bank set to offload 20% stake in August

FDH Bank says it will offer 1.38 billion shares at K10 each through an Initial Public Offering (IPO) in anticipation…
Mera set to draw K150m for carbon tax

Mera set to draw K150m for carbon tax

Malawi Energy Regulatory Authority (Mera) says it will this month draw K150 million from the Price Stabilisation Fund (PSF) to…
Tough times for Low wage earners

Tough times for Low wage earners

Minimum wage earners are struggling to provide for their families following a decline in income due to the Covid-19 pandemic,…
Mpatsa Holdings acquires 49% stake in MyBucks

Mpatsa Holdings acquires 49% stake in MyBucks

Frankfurt-listed Fintech MyBucks S.A., the parent company of MyBucks Malawi, says it has agreed to reduce its shareholding in the…
Ray of hope for marooned fishing community

Ray of hope for marooned fishing community

A boat trip from Monkey Bay Port to Mbvunguti, an isolated community of about 6 000 inhabitants some 20 kilometres (11…
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