Business

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Firm sees inflation surge, kwacha depreciation

Firm sees inflation surge, kwacha depreciation

Local portfolio investment and advisory firm, Nico Asset Managers has warned that the onset of the lean season will likely…
Reflections on tourism potential, growth

Reflections on tourism potential, growth

It is September yet again in the calendar year, a month in which the global community commemorates the contribution of…
Chamber outlines AfCFTA business risks

Chamber outlines AfCFTA business risks

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has expressed fear that the proposed liberalisation of tariffs under the…
Green Belt Authority decries K800m budget allocation

Green Belt Authority decries K800m budget allocation

Treasury has allocated a paltry K800 million to the Green Belt Authority (GBA) in the proposed 2019/20 National Budget, which…
Trade-based money laundering costs K6.6bn

Trade-based money laundering costs K6.6bn

Malawi Revenue Authority (MRA) says trade-based money laundering has cost the economy $9 million (about K6.6 billion) between 2017 and…
Proposed 1% mobile money tax causes stir

Proposed 1% mobile money tax causes stir

The proposed one percent withholding tax on non-bank mobile money transactions threatens the financial inclusion agenda as the cost of…
Drying ports threaten water transport—report

Drying ports threaten water transport—report

Ministry of Transport and Public Works has admitted that the drying up of Chipoka and Chilumba ports in Salima and…
MCCCI says 2019/20 Budget unrealistic

MCCCI says 2019/20 Budget unrealistic

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has faulted the proposed 2019/20 National Budget for assuming a rosy…
ICAM warns treasury on debt strategy

ICAM warns treasury on debt strategy

Institute of Chartered Accountants in Malawi (Icam) has warned that external borrowing could expose the country to currency risks, which…
Gas tax reduction offers hope

Gas tax reduction offers hope

Treasury’s move to remove value added tax (VAT) on liquefied petroleum gas (LPG)  and gas cylinders, coupled with a 10.61…
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