Business
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Firm sees inflation surge, kwacha depreciation
September 19, 2019
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
September 19, 2019
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
September 19, 2019
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
September 18, 2019
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
September 18, 2019
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
September 18, 2019
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
September 17, 2019
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
September 17, 2019
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
September 17, 2019
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
September 14, 2019
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…