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Mixed views on banks’ withholding tax

Mixed views on banks’ withholding tax

Tax experts have expressed mixed views on the implementation of withholding tax on bank interest, arguing that other banks have…
Encroachers affecting rail operations—Cear

Encroachers affecting rail operations—Cear

Central East African Railways (Cear) says encroachers along the Nkaya-Mchinji railway corridor are affecting movement of trains and putting lives…
Macra, Marine Dept partner on wireless communication

Macra, Marine Dept partner on wireless communication

  Malawi Communications Regulatory Authority (Macra) and Department of Marine Services have signed a memorandum of understanding (MoU) to promote…
Cotton outlook Gloomy—farmers

Cotton outlook Gloomy—farmers

  Cotton Farmers Association of Malawi (Cofam), a grouping of small-scale cotton farmers, says the future of cotton farming still…
Electronic transactions can decongest banking halls—NBM

Electronic transactions can decongest banking halls—NBM

  National Bank of Malawi Plc (NBM) says electronic transactions have the potential to decongest banking halls as customers transact…
Firm urges conducive environment for SMEs

Firm urges conducive environment for SMEs

Investment and portfolio management firm, Alliance Capital Limited, has asked government to consider the current economic environment together with stipulations…
Malawi’s forex reserves recover from slight decline

Malawi’s forex reserves recover from slight decline

Malawi’s gross foreign exchange reserves —a combination of official and private sector reserves— inched upwards to 3.68 months of import…
FIA, Parks Dept partner to curb wildlife crime

FIA, Parks Dept partner to curb wildlife crime

The Financial Intelligence Authority (FIA) and the Department of National Parks and Wildlife on Wednesday signed a memorandum of understanding…
Trade group explains Nacala Corridor underutilisation

Trade group explains Nacala Corridor underutilisation

  The National Working Group on Trade Policy says while Nacala Corridor remains one of the country’s cost effective routes,…
Sugar import licences Counter buy mw policy

Sugar import licences Counter buy mw policy

  Ministry of Industry, Trade and Tourism has issued two sugar import licences for 20 000 tonnes, a development that…
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