economy Archives

Zomba District Council approves K19 billion Budget

Mar 06, 2022 Contributor* 0 &

By: Raphael Likaka Zomba District Council has passed its 2022-2023 budget pegged at 19.8 billion kwacha. Council Chairperson, Councillor Michael Khwilipa expressed delight that the budget is now passed and communities will start having their… ...

Malawi consumer association demands cooking oil producers to reduce prices

Mar 01, 2022 Martha Chikoti 0 &

The Consumer Association of Malawi (CAMA) has demanded cooking oil refiners to reduce prices of cooking oil following the removal of Value Added Tax on the product. This has been stated in a press statement… ...

AGRA commits to champion agriculture commercialization in vision 2063

Feb 25, 2022 Chris Loka 0 &

In a bid to complement government efforts in achieving some of the goals in vision 2063, Alliance for a Green Revolution in Africa (AGRA) has reaffirmed the commitment to help the agriculture sector in advancing… ...

Cost of living has gone up under Chakwera, government study shows

Feb 22, 2022 Mwayi Mkandawire 0 &

A report released by National Statistical Office (NSO) shows that cost of living has gone up in Malawi under the Lazarus Chakwera administration. The Consumer Price Index report indicate that the country’s headline inflation –the… ...

Malawi Finance Minister presents K2.84 trillion Budget

Feb 18, 2022 Mike Kalumbi 0 &

Minister of Finance and Economic Affairs Sosten Gwengwe has presented the 2022/2023 national budget estimated at K2.84 trillion, representing 24 percent of the Gross Domestic Product (GDP), up from last fiscal year’s K2.2 trillion. Total… ...

I have improved Malawi economy — Chakwera

Feb 17, 2022 Malawi24 Reporter 0 &

President Lazarus Chakwera says his administration has improved Malawi's economy. Chakwera made the remarks during his state of the nation address (SONA) in Parliament when he presided over the opening of the 5th meeting in… ...

Malawi, African Development Fund signs K11.7 billion grant agreement

Feb 13, 2022 Malawi24 Reporter 0 &

The African Development Fund (ADF) and the Government of Malawi have signed a $14.2 million (K11.7 billion) grant agreement for Malawi to undertake infrastructure upgrades and create a more efficient and transparent digital payment system.… ...