Business
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High electricity bills chokes irrigation project
April 13, 2013
High electricity bills chokes irrigation project
High electricity bills in areas where government is implementing the Small Farms Irrigation project may stifle government’s plans to handover…
Malawi advised to improve on critical analysis
April 13, 2013
Malawi advised to improve on critical analysis
Malawi Government authorities need to improve on critical analysis before effecting major policy changes to the country’s fiscal framework, a…
Power interconnection requires Escom overhaul
April 12, 2013
Power interconnection requires Escom overhaul
Finally, the power inter-connection deal has been put to paper. I only hope that our negotiators managed to get the…
MRA to electronically monitor VAT
April 12, 2013
MRA to electronically monitor VAT
Malawi Revenue Authority (MRA) Wednesday disclosed plans to install electronic monitoring system in all businesses registered to collect value added…
Access to finance key to growth—IFC
April 12, 2013
Access to finance key to growth—IFC
About 47 percent of firms in Malawi experience problems of accessing finance, consequently hindering private sector growth and retarding job…
PCL sells stake to Carlsberg Denmark
April 12, 2013
PCL sells stake to Carlsberg Denmark
Dual-listed conglomerate Press Corporation Limited (PCL) has sold its 10 percent shareholding in Bottling and Brewing Group Limited (BBGL), now…
The development paradox in Malawi
April 12, 2013
The development paradox in Malawi
Malawi has been subjected to a number of economic doses with an aim of improving its deteriorating status. Perhaps it…
Socam proposes tax penalties amnesty
April 10, 2013
Socam proposes tax penalties amnesty
The Society of Accountants in Malawi (Socam) has suggested to government to consider introducing a 12-month tax penalties amnesty to…
Malawi, Moz trade gap wide—govt
April 10, 2013
Malawi, Moz trade gap wide—govt
The Malawi Government has said its trade gap with the neighbouring Mozambique is too wide. Figures show the gap in…
NBM defends K11bn pre-tax profits
April 10, 2013
NBM defends K11bn pre-tax profits
National Bank of Malawi (NBM), which has reported a 110 percent pre-tax profit growth in the year ended 31 December…