Month: February 2025 Posts

MRA intercepts K85m worth of smuggled goods, boosts fight against tax evasion

Feb 12, 2025 Archangel Nzangaya 0 &

The Malawi Revenue Authority (MRA) has made a significant breakthrough in enforcing the Kalondola Digital Tax Stamp system, intercepting MK85 million worth of smuggled goods in Lilongwe. Acting on a tip from a patriotic citizen,… ...

Chithyola says 2025/26 budget to resonate with people’s aspirations

Jan 15, 2025 Synd Kalimbuka 0 &

Minister of Finance and Economic Planning Simplex Chithyola Banda has assured stakeholders that this year's national budget will be pro-Malawians and will resonate with people's aspirations. Speaking during the first Ministerial pre-budget consultation meeting at… ...

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 The Bill repeals and replaces the outdated Insurance Act, addressing emerging issues and promoting a safer, more transparent… ...

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… ...

Activists demand dismissal of Chithyola Banda, Tcheleni amid economic crisis

Nov 09, 2024 Ephraim Mkali Banda 0 &

The governance-focused group Concerned Citizens of Malawi has called on President Lazarus Chakwera to swiftly fire Finance Minister Simplex Chithyola Banda and Treasury Secretary Betchani Tcheleni due to the current economic crisis that has hit… ...