Tax Archives

NBM realizes K71.9 billion profit after tax

Mar 26, 2024 Archangel Nzangaya 0 &

When other Institutions were complaining about unfavorable business conditions, the National Bank of Malawi (NBM) plc made an impressive profit after tax of 71.96 billion Kwacha and paid to the Malawi government a whopping 48.17… ...

Tobacco buyer Alliance One Tobacco Malawi (AOTM) is said to have evaded corporate income tax in Malawi in 2020 despite exporting tobacco worth over US$168 million dollars.

Alliance One said to have evaded tax in Malawi

Mar 03, 2024 Macmillan Mhone 0 &

Tobacco buyer Alliance One Tobacco Malawi (AOTM) is said to have evaded corporate income tax in Malawi in 2020 despite exporting tobacco worth over US$168 million dollars. This is according to a published report by… ...

MRA motivates stations after being tasked to collect extra K70bn

Jan 18, 2024 Malawi24 Reporter 0 &

As government has tasked the Malawi Revenue Authority (MRA) to collect an extra 70 billion Kwacha before March 31, 2024, the commission has motivated its team by awarding outstanding stations so as to make the… ...

CDEDI hailed for its critical advocacy approach

Jan 16, 2024 Martha Chikoti 0 &

Top notch Columnist and Veteran Journalist Levi Zeleza Manda has hailed the approach employed by Centre for Democracy and Economic Development Initiatives (CDEDI) for its effectiveness. Writing in his column 'Bottom Up', Manda highlighted that… ...

Boma lapemphedwa kuti liunikenso misonkho ya galimoto

Jan 11, 2024 Ben Bongololo 0 &

Malingana ndi kukwera kwa misonkho ya galimoto m'dziko lino, bungwe lomwe limayang'anira zokhudza galimoto zowilitsidwapo kale ntchito la Used Car Dealers Association of Malawi, lati nkofunika kuti boma liunikenso misonkho yomwe bungwe la MRA likumalipiritsa… ...

MRA hails media for the role in providing tax education

MRA hails media for its role in providing tax education

Dec 07, 2023 Mike Lyson Zgambo 0 &

Malawi Revenue Authority (MRA) has hailed journalists in the country for the positive role they play in disseminating and educating masses on tax related issues. Speaking in Mzuzu on Monday during a two-day media training,… ...

MRA confident of meeting K2.13 trillion target

Nov 30, 2023 Archangel Nzangaya 0 &

Despite the tough economic environment which has paralyzed businesses in the country, the Malawi Revenue Authority (MRA) says it is is confident of collecting 2.13 trillion kwacha in tax revenues in the 2023/24 financial year.… ...