Business

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Commercial banks continue to face liquidity squeeze

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’

‘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

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

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…
ECAMA punches holes In 2020/21 fiscal plan

ECAMA punches holes In 2020/21 fiscal plan

The Economics Association of Malawi (Ecama) says the K2 trillion 2020/21 National Budget framework has failed to outline clearly how…
Construction industry feels Covid-19 pinch

Construction industry feels Covid-19 pinch

Players in the construction industry are expressing worry that a prolonged Covid-19 pandemic situation would bring the business to its…
Likoma, Chizumulu hybrid plant spurs tourism hopes

Likoma, Chizumulu hybrid plant spurs tourism hopes

Tourism in Likoma and Chizumulu islands is expected to get a boost when construction works of the Likoma and Chizumulu…
Illovo responds to growers’ concerns

Illovo responds to growers’ concerns

Illovo Sugar (Malawi) plc has attributed the 16.2 percent drop in sugar cane prices supplied by growers to a number…
Information gap cost small taxpayers, says expert

Information gap cost small taxpayers, says expert

Small and medium taxpayers are losing tax cases because of lack of information on tax dispute resolution process, an analysis…
Innovation fund dangles K2.9bn for Covid-19 response

Innovation fund dangles K2.9bn for Covid-19 response

Malawi Innovation Challenge Fund (Micf), a competitive grant mechanism for businesses to finance innovative projects, has moved in to support…
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