Latest Malawi and World Business, Finance, and Economic News

Finance Minister Felix Mlusu gives MRA K150 billion monthly target

Nov 17, 2020 Malawi24 Reporter 0 &

Finance Minister Felix Mlusu has given the revenue collection body, the Malawi Revenue Authority (MRA), a K150 billion monthly collection target during the 2020/2021 fiscal year. Speaking to reporters in Blantyre on Monday after touring… ...

Former NEEF boss accused of awarding loans to relatives, friends

Nov 16, 2020 Lindiwe Sambalikagwa 0 &

The Human Rights Defenders Coalition (HRDC) has accused former National Economic Empowerment Fund (NEEF) boss Mervis Mangulenje of awarding about K80 million in loans to friends and relatives. In a letter to the Anti-Corruption Bureau,… ...

Mwanza border reopens

Nov 13, 2020 Archangel Nzangaya 0 &

Malawi's truck drivers have called off their strike at Mwanza border after truck owners agreed to raise their salaries next month. This has been established at a signing in ceremony on 13th November, 2020 at… ...

Diplomat hits at NBS ban over stealing

Nov 12, 2020 Malawi24 Reporter 0 &

A diplomat has accused NBS Bank in Malawi of stealing customers' money. The diplomat, Lot Dzozi, who once served as Deputy Permanent Representative at Permanent Mission of the Republic of Malawi to the United Nations,… ...

Police arrest four FISD bosses

Nov 11, 2020 Malawi24 Reporter 1 &

Four FISD Limited Company directors are in police custody over suspected theft of government funds. The four are 40-year-old Moses Chirambo, FISD executive director Frank Mwenechanya aged 40, Kondwani Namchukwa aged 40 and 35-year-old Aurther… ...

Truck drivers disrupt operations at Mwanza border

Nov 11, 2020 Russell Kondowe 0 &

Protesting truck drivers have closed Mwanza border to show dissatisfaction over the resolutions their representatives have made with the government. According to Mwanza border spokesperson Pasqually Zulu, the drivers have closed border police offices and… ...

Misinformation: Cannabis Industry’s Worst Ally

Nov 10, 2020 Sibu M. Mokoena 0 &

We are living in times of change. What once used to be a no perhaps has become a yes nowadays, what used to be tradition could now be seen as old fashioned, what once was… ...