Month: March 2021 Posts

Boma lichotsa msonkho pa njinga zamoto

Mar 16, 2021 Archangel Nzangaya 0 &

Boma la Malawi lalengeza kuti posachedwapa lichotsa msonkho omwe anthu amapeleka akagula ndikulowetsa mdziko muno njinga za moto kuchokera m'maiko akunja. Izi ndi malingana ndi nduna ya zachuma a Felix Mlusu omwe amayankhula kunyumba ya… ...

Finance committee concerned over Govt borrowing

Mar 06, 2021 Malawi24 Reporter 0 &

Budget and Finance Committee of Parliament has expressed concern over the rise in domestic borrowing, saying it is risky, consumptive and overburdening. Chairperson Gladys Ganda made the remarks in Parliament on Thursday when she was… ...

DPP warns Malawians to brace for tougher times ahead

Mar 02, 2021 Mwayi Mkandawire 0 &

The Democratic Progressive Party (DPP) says Malawians should brace for tougher times ahead as the government is failing to generate enough forex reserves and the Kwacha is depreciating against major currencies. DPP spokesperson on Finance… ...

Free electricity and water connection pushed to next financial year

Feb 27, 2021 Mwayi Mkandawire 0 &

Minister of Finance Felix Mlusu says Tonse Alliance Government expects to fulfill the free electricity and water connection promise during the 2021/22 financial year. The Tonse Alliance led by Dr Lazarus Chakwera promised remove fees… ...

Malawi Budget revised to K2.3 trillion

Feb 26, 2021 Martha Chikoti 0 &

The 2020/2021 National budget has been revised upwards from K2.190 trillion to K2.334 trillion, with Finance Minister Felix Mlusu mentioning Covid-19, re-administration of exams and election case legal costs as factors for the increase. Mlusu… ...

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… ...

30% of IMF aid will be siphoned to 2021 financial budget

Oct 23, 2020 Sibu M. Mokoena 0 &

30% of the $102 million aid that the International Monetary Fund dedicated to Malawi will be directed towards the 2021 financial budget in order to shore up the issues caused by the recent pandemic. The… ...