‘Supernormal profit’ tax counterproductive –MCCCI
Industry captains have described the extension of 10 percent income tax on profits above 10billion kwacha as a counterproductive move...
George Lumwira
‘Development budget’ as minister unveils 5.9tn fiscal plan
Finance minister Simplex Chithyola Banda presented a K5.98 trillion proposed 2024-2025 budget which is targeting production by channeling 30 percent...
NBM ranked among Africa’s top 20 banks
Latest rating of African banks has ranked local banks highly with National Bank of Malawi Plc. positioned number 20 out...
Govt operations post K1tn budget deficit in 2023
The government operations closed a calendar year 2023 with a K1 trillion budget deficit despite recording a surplus in November...
The budget should speak to SONA –NPC
President Lazarus Chakwera has forecasted a speedy economic recovery for the coming fiscal year in a State of the Nation...
Visa removal critical to tourism, forex –experts
Industry players are expressing excitement with the gazetting of Immigration Amendment Regulation, which waives visas for citizens of 48 countries...
Firm calls for economic policy debate as interest rates rise
Analysts are calling for inclusive and robust economic policy debate that could lead to a suitable, tailor-made Malawi’s monetary policy...
Cost of borrowing skyrockets, policy rate hits 26%
Consumers should brace for tougher times ahead as the cost of production is set to rise even further following a...
Transporters set minimum dry cargo haulage rates
Transporters have set up minimum haulage rates for dry cargo following the 44 percent devaluation of the kwacha. The Transporters...
Inflation at 28.2% in second quarter
Monetary authorities are touting the tightening of policy rate on easing inflation which dropped 0.2 percentage points in third quarter...
