Business
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RBM sees tobacco revenue down 11%
August 7, 2019
RBM sees tobacco revenue down 11%
The Reserve Bank of Malawi (RBM) is projecting this year’s tobacco revenue to be 11 percent lower than last year…
‘Local structured markets too advanced for farmers’
August 7, 2019
‘Local structured markets too advanced for farmers’
Agricultural economist Derrick Kapolo says the existing structured markets have failed to bring desired outcomes to farmers as their operations…
Living wage could lead to retrenchments—ministry
August 6, 2019
Living wage could lead to retrenchments—ministry
Ministry of Labour, Skills and Innovation has warned that workers continued demand for a living wage could lead to massive…
IMF tips treasury On managing DEBT
August 6, 2019
IMF tips treasury On managing DEBT
International Monetary Fund (IMF) outgoing resident representative Jack Ree has advised Treasury to commit new debt based on good cost-benefit…
Icon Properties plc posts K1.28bn profit in 2 months
August 6, 2019
Icon Properties plc posts K1.28bn profit in 2 months
Icon Properties plc, a subsidiary of Nico Holdings plc and listed on Malawi Stock Exchange (MSE) early this year, has…
Milk imports threaten local dairy industry
August 5, 2019
Milk imports threaten local dairy industry
Imported milk products continue to put local farmers at a disadvantage, Malawi Milk Producers Association has said. In its position…
World bank speaks On budget support
August 5, 2019
World bank speaks On budget support
The World Bank says it is ready to provide 2019/20 budget support if Treasury tightens the grip on expenditure controls…
MRA impounds 213 bales for EFD offences
August 5, 2019
MRA impounds 213 bales for EFD offences
Malawi Revenue Authority (MRA) on Thursday impounded about 213 bales of second-hand clothes suspected to have been bought without issuance…
Fiscal consolidation key to recovery—IMF
August 3, 2019
Fiscal consolidation key to recovery—IMF
The International Monetary Fund (IMF) says bringing fiscal consolidation back on credible path focusing on 2019/20 National Budget is key…
MCCI outlines business risks
August 2, 2019
MCCI outlines business risks
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says despite the feet monetary authorities have achieved on the macroeconomic…