Business

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‘Tax reforms key to boosting revenue’

‘Tax reforms key to boosting revenue’

The international Monetary Fund (IMF) says tax reforms in revenue administration and tax policy are key to improving tax collection.…
Investors okay FDH bank IPO

Investors okay FDH bank IPO

FDH Bank Initial Public Offer (IPO) which closed on July 17, has received positive response from investors, with a 2.1…
Minister outlines job creation plan

Minister outlines job creation plan

Minister of Labour Ken Kandodo says government has come up with a road map for job creation, which includes  setting…
Tobacco growers lose case against regulator

Tobacco growers lose case against regulator

The High Court in Lilongwe has rejected an application by 10 tobacco growers from Dowa who sought to stop the…
Fresh push for tourism waivers

Fresh push for tourism waivers

Malawi Tourism Council (MTC), a grouping of tourism industry players, has made a fresh push for waivers from government, including…
Dwasco Sacco surplus jumps 9.2% to K83m

Dwasco Sacco surplus jumps 9.2% to K83m

Dwangwa Sugar Company Savings and Credit Cooperative (Dwasco Sacco) has posted K83 million after-tax surplus in the year-ended December 2019,…
Group calls for Covid-19 moratorium extension

Group calls for Covid-19 moratorium extension

A local economic think-tank has asked the Reserve Bank of Malawi (RBM) and commercial banks to consider extending the three-month…
Germany, Malawi sign K24bn financial pact

Germany, Malawi sign K24bn financial pact

Germany has given the Malawi Government 28.1 million euro (about K24 billion) to support the reform agenda and fight against…
PCL delists from London Stock Exchange

PCL delists from London Stock Exchange

Conglomerate Press Corporation plc has delisted from the London Stock Exchange (LSE) as a global depository receipt following a review…
World Bank reaffirms recession fears in 2020

World Bank reaffirms recession fears in 2020

The World Bank has reaffirmed that the domestic economy could drift into recession and contract by 3.5 percent in 2020…
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