Business

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RBM sees tobacco revenue down 11%

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’

‘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

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

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

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

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

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

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

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

MCCI outlines business risks

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says despite the feet monetary authorities have achieved on the macroeconomic…
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