Business Posts

Kapito says people’s money being ‘stolen’ in banks in form of high fees

Nov 01, 2021 Martha Chikoti 0 &

Consumers Association of Malawi (CAMA) Executive Director John Kapito says money is being stolen in form of high bank service charges and this will discourage Malawians from opening bank accounts. Kapito said this in a… ...

Reserve Bank heading to Supreme Court in ICT tender case

Nov 01, 2021 Andrew Cane Chilapondwa 0 &

Reserve Bank of Malawi (RBM) has applied for stay of application of judgment made by Judge Kenyatta Nyirenda who ordered the bank to restart procurement process for the 1.8 Billion Kwacha ICT contracts for procurement… ...

Restaurant charges about two million Malawi Kwacha’ for a steak

Oct 31, 2021 Sibu M. Mokoena 0 &

A newly opened restaurant in London is charging between K700 thousand and one million eight hundred thousand Malawi Kwacha for a steak. Financial Times reports that Salt Bae is charging £100 (179 thousand Malawi Kwacha) … ...

Cryptocurrency – Good ways to use it

Oct 30, 2021 Sibu M. Mokoena 0 &

Cryptocurrency is a gift from the technologically advanced digital world. In recent years, cryptocurrency has gained so much popularity that everyone is invested in learning and understanding more about them. The profit returns of these… ...

SRWB wants to increase water tariffs by 50 percent

Oct 30, 2021 Guest Writer 0 &

By Solister Mogha - MANA Southern Region Water Board (SRWB) says it wants to increase its water tariffs by 50 per cent in an attempt to sustain its operational costs. Speaking on Thursday during an… ...

Banks, MRA under fire over new VAT law

Oct 29, 2021 Malawi24 Reporter 0 &

Banks in Malawi and the Malawi Revenue Authority (MRA) have come under fire for failing to explain clearly the services to which the new value-added tax (VAT) will apply. Malawians have argued that both the… ...

Airtel offers trip to Dubai in K100m Boola Mtambo promotion

Oct 28, 2021 Macmillan Mhone 0 &

Airtel Malawi has launched K100 million Boola Mtambo promotion in which a customer will win a holiday in Dubai worth K5 million. The mobile phone service provider launched the promotion yesterday at BICC in Lilongwe.… ...