economy Archives

MRA Optimistic About Achieving K3.26 Trillion Target in Nine Months

Jul 26, 2024 Archangel Nzangaya 0 &

Although the Malawi Revenue Authority (MRA) fell short of its K748.11 billion collection goal for the first quarter of the 2024/25 financial year, it remains confident about reaching its K3.26 trillion target over the next… ...

Treasury applauds revamped Standard Bank Private Banking Services

Jul 25, 2024 Mike Kalumbi 0 &

The Ministry of Finance says innovative and bespoke banking services hold the key to achieving economic targets under Malawi's 2063 vision. Secretary to Treasury Betchani Tchereni said such transformative offerings can contribute meaningfully to Malawi's… ...

Malawi’s economy faces disruptions due to unstable foreign currency reserves, NOCMA reports

Jul 23, 2024 Burnett Munthali 0 &

Malawi's economy is experiencing substantial disruptions as a result of unstable foreign currency reserves, which are insufficient to ensure a continuous supply of fuel. The National Oil Company of Malawi (NOCMA) has highlighted this issue,… ...

2024 Tobacco Selling Season to End Early August

Jul 16, 2024 Martha Chikoti 0 &

The sales committee of Malawi's tobacco industry has proposed an early closure for the 2024 tobacco selling season, set at the start of August. According to Telephorus Chigwenembe, the Public Relations Officer of the Tobacco… ...

MRP says IMF, World Bank bar African countries from developing

May 20, 2024 Vincent Gunde 0 &

President and Commander in Chief of Muvi wa Chilungamo Revolutionary Party (MRP) Bantu Saunders Jumah, says the International Monetary Fund (IMF) and World Bank were established to stop African countries from developing. Jumah has noted… ...

Palibe kothawira, nayo kampani ya Salima Sugar yakweza mtengo wa shuga wake

Apr 22, 2024 Mike J. Kangwele 0 &

Kokapumira ndi kumwamba basi. Patangotha ma ola bungwe la Blantyre Water Board litalengeza kuti lakweza madzi ndinso kampani ya Illovo italengeza kuti shuga wake yakweza, nayo kampani ya Salima Sugar yalowa m'bwalo pofuna kuonetsetsa kuti… ...

With the cost of living on the rise, prices of Sugar in Malawi have also peaked in recent years to the extent that very few can afford the product.

Mitengo ya shuga yovomerezeka yakwera, ngakhale sakupezeka

Apr 22, 2024 Mike J. Kangwele 0 &

Kampani yopanga Shuga ya Illovo yalengeza kuti tsopano yakweza mitengo ya shuga wake amene sakupezeka molongosoka pa msika. Mu chikalata chimene kampaniyi yatulutsa, iyo yati kuyambira lolemba pa 22 April, ikhala ikukweza mitengo ya shuga.… ...