Ministry of Finance Archives

Nyumba ya Malamulo yadutsitsa ma bill awiri okhudza ngongole

Dec 19, 2024 Mphatso Khutcha Richard 0 &

Aphungu a Nyumba ya Malamulo lero adutsitsa bill yoti boma livomeleze ngongole ya ndalama kuchokera ku OPEC for International Development yokwana 20 million dollars yothandizira ntchito za gawo lachiwiri la Shire Valley Transformation Program (SVTP),… ...

Parliament passes Bill No. 31 European Investment Bank loan authorisation

Dec 19, 2024 Mike Kalumbi 0 &

Parliament has today approved Bill No. 31 of 2024, authorising the government to borrow EUR 90 million from the European Investment Bank to finance the Water-Energy Framework Project. This loan will be allocated among four… ...

Parliament passes Insurance Bill Number 26 of 2024

Dec 17, 2024 Mike Kalumbi 0 &

Parliament has passed Bill No. 26 of 2024: Insurance which seeks to reform the country's insurance industry. The Bill repeals and replaces the outdated Insurance Act, addressing emerging issues and promoting a safer, more transparent… ...

MRA boosts capacity to combat tax evasion with digital tax stamp system

Dec 16, 2024 Archangel Nzangaya 0 &

The Malawi Revenue Authority (MRA) has bolstered its fight against tax evasion, thanks to a nationwide training program that has equipped its officers with expertise in utilizing the innovative Digital Tax Stamp system. A comprehensive… ...

Malawi poised for revenue boost with electronic excise tax stamps implementation

Dec 07, 2024 Archangel Nzangaya 0 &

Authorities say Malawi is poised to boost its revenue collection with the implementation of electronic excise tax stamps. This innovative measure targets specific goods, including bottled water, alcoholic beverages, cigarettes, and soft drinks, to combat… ...

Malawi’s revised budget: Govt ups revenue collection efforts

Dec 04, 2024 Archangel Nzangaya 0 &

Malawi's Minister of Finance and Economic Affairs, Simplex Chithyola Banda, has presented a revised budget for the 2024-25 fiscal year. The revised budget includes significant increases in allocations for wages and salaries, as well as… ...

New mobile payment system for social cash transfers in Mzimba

Nov 07, 2024 Ephraim Mkali Banda 0 &

The Ministry of Finance and Economic Affairs has announced a new mobile payment system aimed at improving the efficiency of social cash transfers in Mzimba. Beginning in December, beneficiaries of the Social Cash Transfer Programme… ...