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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…
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…
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…
Mixed reactions as Mzuzu Auction Floors open
April 10, 2013
Mixed reactions as Mzuzu Auction Floors open
Mzuzu Auction Floors officially opened for the 2013 tobacco sales on Monday with mixed reactions from different stakeholders regarding the…
Malawi urges private sector to up investment levels
April 10, 2013
Malawi urges private sector to up investment levels
Malawi’s Minister of Industry and Trade Sosten Gwengwe says government will continue supporting the growth of the private sector, arguing…
Kasungu electrification project gathers pace
April 10, 2013
Kasungu electrification project gathers pace
The street electrification project in Kasungu Municipality is entering a second phase from Kasungu CCAP all the way to Chiphaso,…
Malawi tobacco rakes in $16.7m
April 9, 2013
Malawi tobacco rakes in $16.7m
Cumulative revenue from tobacco, Malawi’s main foreign exchange earner, hit $16.7 million (K7bn), a more than 50 percent jump from…