Business

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Malawi underutilises US Agoa window

Malawi underutilises US Agoa window

Despite having a ready market for handicrafts and other light manufacturing, Malawi is yet to utilise the sectors’ potential to…
Government forecasts 7% GDP growth in 2020

Government forecasts 7% GDP growth in 2020

Minister of Finance, Economic Planning and Development Joseph Mwanamvekha says Treasury projects real gross domestic product (GDP) growth of seven…
Nico life and Nico pension staff donate to kondanani childrens home

Nico life and Nico pension staff donate to kondanani childrens home

NICO Life Insurance Company its subsidiary NICO Pension Services Company members of staff made a donation of assorted items to…
Maize price rise threatens economic gains—experts

Maize price rise threatens economic gains—experts

Maize prices have continued to escalate despite the country having an estimated surplus of 355 000 metric tonnes (MT), a…
Committee proposes zero-deficit budget

Committee proposes zero-deficit budget

Budget and Finance Committee of Parliament has advised Treasury to consider implementing a zero-deficit budget to cushion the country from…
Treasury positive on budget despite risks

Treasury positive on budget despite risks

Minister of Finance, Economic Planning and Development Joseph Mwanamvekha says emerging donor support gives fiscal confidence despite procurement, fraud and…
Illovo boosts vitamin A fortification at Dwangwa

Illovo boosts vitamin A fortification at Dwangwa

Illovo Sugar (Malawi) plc had installed two new vitamin A dosing plants at Dwangwa Sugar Factory in Nkhotakota to enhance…
Experts lobby for VAT reforms

Experts lobby for VAT reforms

Institute of Internal Auditors Malawi (IIA-M) has asked Treasury to consider reducing value added tax (VAT) to between 14 and…
IPMM urges workers to plan for retirement

IPMM urges workers to plan for retirement

Institute of People Management Malawi (IPMM), a grouping of human resource professionals, has urged workers to plan for their retirement…
Bank to support domestic tax collection initiatives

Bank to support domestic tax collection initiatives

The World Bank says it is poised to support government initiatives that will improve domestic tax collection to increase tax-to-gross…
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