Business
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Trade deficit narrowed by 5.4% in 2019—report
June 19, 2020
Trade deficit narrowed by 5.4% in 2019—report
Malawi’s trade deficit narrowed by 5.4 percent in 2019 as exports outweighed imports, figures from Malawi Government 2020 Annual Economic…
Tourism sector loses K40bn in 3 months
June 19, 2020
Tourism sector loses K40bn in 3 months
A preliminary study by the Malawi Tourism Council (MTC) shows that the tourism sector has lost about K40.5 billion in potential…
Good tax regime should offer equity—expert
June 19, 2020
Good tax regime should offer equity—expert
Taxation expert Emmanuel Kaluluma says a good tax regime should be based on equity in which all taxpayers are subjected…
covid-19 to worsen trade gap—OXFAM
June 18, 2020
covid-19 to worsen trade gap—OXFAM
Malawi’s trade gap is expected to worsen this year as the country intensifies imports of healthcare related items in the…
Sugarcane growers want contract review
June 18, 2020
Sugarcane growers want contract review
Sugarcane growers have called on Illovo Sugar (Malawi) plc to review prices and contractual agreement between them and the company.…
Fum accuses admarc Of frustrating farmers
June 17, 2020
Fum accuses admarc Of frustrating farmers
Farmers Union of Malawi (FUM) has accused the Agricultural Development and Marketing Corporation (Admarc) of failing to buy farm produce…
Commercial banks continue to face liquidity squeeze
June 17, 2020
Commercial banks continue to face liquidity squeeze
Commercial banks’ liquidity position decreased by 75 percent to K6.44 billion in May from K24.04 billion in March, a signal…
‘Low revenue threatens development expenditure’
June 17, 2020
‘Low revenue threatens development expenditure’
Economics Association of Malawi (Ecama) says there is likelihood that projected low revenue collection in the 2020/21 fiscal year could…
Tax measures to boost businesses, jobs—expert
June 16, 2020
Tax measures to boost businesses, jobs—expert
Taxation consultant Misheck Msiska says the newly introduced tax measures in the proposed 2020/21 National Budget will help to promote…
Two firms shortlisted for 350MW power project
June 15, 2020
Two firms shortlisted for 350MW power project
Public Private Partnership Commission (PPPC) has shortlisted two international energy firms as strategic sponsors for the 350 megawatts (MW) Mpatamanga…