Month: November 2021 Posts

Muneneze mabanki omwe akukudulani ndalama – Mlusu

Nov 03, 2021 Archangel Nzangaya 0 &

Boma kudzera kwa nduna ya zachuma a Felix Mlusu lati anthu omwe akudulidwa ndalama zawo ku mabanki mu dzina la VAT, akanene ku banki ya Reserve kuti ndalama zawo zonse zibwezedwe. A Mlusu amayankhula izi… ...

Banks, MRA under fire over new VAT law

Oct 29, 2021 Malawi24 Reporter 0 &

Banks in Malawi and the Malawi Revenue Authority (MRA) have come under fire for failing to explain clearly the services to which the new value-added tax (VAT) will apply. Malawians have argued that both the… ...

MRA to sell 174 vehicles by public auction

Aug 14, 2021 Mike Kalumbi 0 &

The Malawi Revenue Authority (MRA) is set to dispose various items including 174 vehicles in a public auction sale to be conducted from 20th August to 8th September 2021 at its stations across the country.… ...

MRA urges business operators to register for duty free week

Aug 09, 2021 Malawi24 Reporter 1 &

The Malawi Revenue Authority (MRA) has urged business operators including individual citizens in the country to register with the revenue body in order for them to benefit from the duty free week. Speaking in an… ...

MRA procuring drones to end smuggling of goods

Aug 04, 2021 Archangel Nzangaya 0 &

The Malawi Revenue Authority (MRA) says it is in the process of procuring drones which are aimed at halting the increasing cases of goods smuggling. This is according to MRA’s Head of Corporate Affairs Steven… ...

MRA to introduce electronic tax stamps on alcoholic drinks

Aug 03, 2021 Guest Writer 0 &

By George Banda Malawi Revenue Authority (MRA) has said it will soon introduce a revenue electronic stamps on all alcoholic beverages as a way of minimizing the smuggling of alcoholic products into the country. A… ...

US$3.1 trillion stolen from Malawi since 1964

Jul 18, 2021 Russell Kondowe 0 &

Member of Parliament Werani Chilenga says illegal financial flows have left Malawi poorer, with the country losing US$3.1 trillion over the past six decades. According to Chilenga who is Chairperson of the Parliamentary Committee on… ...

MRA justifies new tax measures

Jul 12, 2021 Malawi24 Reporter 0 &

The tax collector, Malawi Revenue Authority (MRA) has justified the newly introduced tax measures, including the advance Income Tax (AIT) which compels all businesspersons in the country to be paying 3 percent Value for Duty… ...

MRA intensifies crackdown on EFD offences

Jun 22, 2021 Malawi24 Reporter 0 &

Malawi Revenue Authority (MRA) has sealed a total of eight establishments in Blantyre and Limbe since Monday over non-issuance of EFD (Electronic Fiscal Device) receipts. The development follows commencement of an operation by the Authority… ...

Smoke out more Mapetos, Batatawalas

May 29, 2021 Guest Writer 0 &

By Mulotwa Mulotwa This week has been interesting. People that have transcended regimes in terms of sustaining warm ties with the politburo of ruling bureaucracies were called to account. It is unusual in this country… ...

Tax evasion suspect Faizal Latif arrested

May 23, 2021 Malawi24 Reporter 0 &

Tax evasion suspect Faizal Latif, who was in hiding and was  pleading with Tonse Alliance politicians to shield him, has been arrested today in Blantyre. Latif who is the Director of Mapeto David Whitehead and… ...

Malawians back MRA: Demand arrest of David Whitehead CEO over tax evasion

May 01, 2021 Malawi24 Reporter 0 &

Malawians have demanded arrest Mapeto David Whitehead & Sons boss over tax evasion and they have bashed the company saying it is blackmailing government by threatening to fire workers. Mapeto has threatened to fire 1000… ...

Mapeto to retrench 1000 workers over tax evasion probe

May 01, 2021 Mwayi Mkandawire 0 &

Mapeto David Whitehead & Sons has told Government that it will lay off about 1,000 workers as the company is being investigated for K0.7 billion tax evasion. Deputy Labour Minister Vera Kamtukule and Malawi Congress… ...

Specialist in tax evasion? Faizal Latif investigative over K0.7 billion revenue

Apr 23, 2021 Malawi24 Reporter 0 &

Faizal Latif, owner of David Whitehead and Sons who has previously been investigated for an accumulative amount of more than K12 billion evaded tax for the past 5 years, is being investigated for another K0.7… ...

MRA yet to discipline officers implicated in recruitment scam

Mar 31, 2021 Malawi24 Reporter 0 &

The Malawi Revenue Authority (MRA) management is non-committal on when it will implement the Anti-Corruption Bureau's (ACB) directive to discipline its senior officers involved in a fraudulent recruitment of Revenue and Custom officers. The ACB… ...