Call for Policy Review on Agricultural Mechanisation Equipment Taxation – Capital Radio Malawi
25 July, 2024

Call for Policy Review on Agricultural Mechanisation Equipment Taxation

Call for Policy Review on Agricultural Mechanisation Equipment Taxation

Centre for Agriculture Transformation CEO McCloud Nkhoma calls for policy review on agriculture mechanisation equipment.

Recently, Ministry of Agriculture removed tax on mechanisation equipment such as Tractors to promote mega farming.

Nkhoma pointed out, however, that “the challenge lies in the maintenance costs, particularly the high prices of spare parts for farm equipment.” He emphasized the need for “a reconsideration of taxes on spare parts to ensure sustainable operation of mechanised farming systems.”

This version integrates the key points and quotes while maintaining clarity and coherence.

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