Business Posts

GOTV subscription goes up

May 19, 2016 Lyonike Mughogho 109 &

Multichoice Malawi has announced a hike in subscription fee for DSTV's sister bunch of television providers, GOTV. The company introduced GOTV in Malawi in 2013 so as to help less privileged people access some DSTV… ...

The rich should pay more taxes – Experts

May 19, 2016 Victoria Milanzi 21 &

National Tax Justice Platform (NTJP) has asked government to introduce policies that will ensure that the rich pays more taxes. One of the members of NTJP Dalitso Kubalasa said there is need for big companies… ...

FHL donates equipment to community colleges

May 18, 2016 Mphatso Khutcha Richard 0 &

The Financial Holdings Limited (FHL) has donated information communication technology equipment to the community technical colleges worth K19.2 million. During the donation ceremony Tuesday at Sanjika palace in Blantyre, Financial Holdings Limited chief executive officer… ...

Two in jail over fake notes

May 18, 2016 Victoria Milanzi 13 &

Police in Mulanje district have arrested two men for being found in possession of fake Malawi notes. Mulanje police spokesperson Grecian Ngwira said the two, Julius Kachala aged 35 and Chimwemwe Malidadi, were arrested separately… ...

Malawi impresses IMF: loan programme extended to end June

May 17, 2016 Macmillan Mhone 1 &

The International Monetary Fund (IMF) has approved an extension of Malawi’s arrangement under the Extended Credit Facility (ECF) to end of June. According to a press release by the IMF, the extension will provide additional… ...

Panama papers: Press Trust among 46 Malawi businesses in off-shore tax haven

May 17, 2016 Collins Mtika 5 &

...Reserve Bank defends 'tax dodgers' ...“We don’t pay tax to Malawi” says Press Trust The Reserve Bank of Malawi has disclosed that it duly approved Press Trust Overseas Limited, a subsidiary of Press Trust, to… ...

Tobacco farmers cry foul!

May 16, 2016 Archangel Nzangaya 86 &

Tobacco farmers at Limbe Auction Floors say they feel betrayed by government which has been silent on the issue of tobacco rejection rate. According to some farmers, it is very painful that the government is… ...