finance Archives

The Emerging Malawian Economic Paradigm: Creative Economy

Aug 09, 2023 T.J. Mthiko 0 &

Our system of governance is inherited, so are our markets and their economic frameworks. The European and American powers who constituted our government and engineered the macroeconomic policies that control our markets, for not valuing… ...

Breaking: Former Malawi Finance Minister Goodall Gondwe has passed away

Aug 09, 2023 Malawi24 Reporter 0 &

Goodall Gondwe, the former Minister of Finance in Malawi, has passed away at the age of 86. Gondwe was born on December 1, 1936, and served as finance minister from 2004 to 2009. He was… ...

Where Do Jobs Come From? The Theory of the Malawian Economy

Aug 03, 2023 T.J. Mthiko 0 &

Every practice, social or otherwise, rests on a theory, even if the practitioners themselves are unaware of it. For us in Malawi, however, the question is: What theory of the Malawian economy explains our job… ...

Centenary Bank announces K970 million profit

Jul 31, 2023 Malawi News Agency (MANA) 0 &

Centenary Bank says it has made an after tax profit of K970 million from January to June 2023. The financial statement which Centenary Bank released on Monday signed by the bank’s Managing Director, Zandile Shaba,… ...

Malawi President Lazarus Chakwera is failing to lift the country's economy

The Fastest Growing Economies in 2023: Malawi misses out

Jul 16, 2023 Burnett Munthali 0 &

Worldwide India is expected to emerge as the fastest-growing economy in 2023, surpassing China and the United States. The International Monetary Fund (IMF) recently revised India's growth rate for 2023 to 5.9%, up from the… ...

Malawi Revenue Authority announced a tax hike on vehicle imports. The hike has been opposed by the general public.

Increased Taxes, Corruption, and Financial Indiscipline in Malawi

Jul 16, 2023 Burnett Munthali 0 &

The Malawi government recently increased the duty on importation of cars higher than the purchasing price. This has led to confusion and frustration among many Malawians, who do not understand why the government would impose… ...

National Bank of Malawi told to stop ill-treating customers

Jul 11, 2023 Archangel Nzangaya 0 &

While National Bank of Malawi has described the unreserved packing of customers in banking halls to update their accounts as a “positive response”, Forum for National Development (FND) has told the bank to stop treating… ...