Treasury justifies increased 2024/25 Budget Estimates
High-ranking officials, including the President, Vice President, Members of Parliament, and senior judiciary and government officials, will no longer enjoy VAT waivers on motor vehicle imports.
MERA suspends operations for 3 filling stations
Operations of three fuel service stations have been suspended by the Malawi Energy Regulatory Authority (MERA) for selling fuel to customers in jerrycans and...
Buying of petrol in jerrycans banned as Govt. works towards stabilizing supply
The Malawi Energy Regulatory Authority (MERA) has with immediate effect, banned the buying of Petrol in jerrycans or drums from any Fuel Service Station...
UK speaks on how red tape is derailing business in Malawi
As Malawi and the United Kingdom (UK) partnership officially clocked 60 years, the British Government says setting up businesses in the country would be...
Centenary Bank unveils new branches in Mchinji, Chikwawa
Centenary Bank Limited has unveiled two new branches in Mchinji and Chikwawa districts in a move to expand its operational network in the country.
PayChangu paves the way for e-commerce growth in Malawi
In a significant leap for Malawi's digital economy, PayChangu is transforming the e-commerce landscape by providing businesses with a seamless and efficient online payment gateway. This innovative platform is not only streamlining transactions but also fueling the growth of digital products and services across the country.
Pigeon pea market still open in India
Government has said the exportation offer for 50,000 metric tonnes for Pigeon peas to India was still on and has been extend to 2025.
Smuggling remains a challenge for MRA
Malawi Revenue Authority (MRA) has admitted that smuggling of goods remains a key challenge in the drive to increase revenue collection in the country.
Mkandawire wins the inaugural Afreximbank Research and Innovation award
At the ongoing Afreximbank meeting in Bahamas, Malawi’s Professor, Richard Mkandawire and Nigeria’s, Umezuruike Linus Opara have been awarded with the inaugural Research and Innovation Competence in Agriculture Awards.
Undule says World Bank’s US$80m grant is endorsement for Malawi’s fiscal reforms
Governance and Human Rights Advocate Undule Mwakasungula has described the US$80 million grant from the World Bank's International Development Association (IDA) to the Government of Malawi as an endorsement for the country's fiscal reforms.
World Bank’s IDA approves US$80m absence-of objection grant for Malawi’s Fiscal Governance Program for...
The Board of Executive Directors of the International Development Association (IDA), a subsidiary of the World Bank, has approved on an absence-of objection basis a grant in the amount of US$80 million to the Republic of Malawi for the Fiscal Governance Program for Results.
NAP says direct budgetary support crucial step in bolstering Malawi’s economy
The National Advocacy Platform (NAP) has described the resumption of the budget support by the African Development Bank (AfDB) as a crucial step in bolstering our economy.
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Mutharika sets bold path for economic recovery amid fiscal turmoil
The President’s message marks a shift from rhetoric to reform — promising a mix of fiscal discipline, debt restructuring, and renewed trust in governance as the pillars of economic recovery. But as experts warn, implementation will determine whether the blueprint delivers real relief to Malawians still burdened by inflation and poverty.
Mutharika reintroduces FISP, declares food security top priority
President Arthur Peter Mutharika has reaffirmed his administration’s commitment to ensuring that no Malawian dies of hunger, announcing sweeping interventions in the agriculture sector,...
RBM warns of inflation surge, keeps policy rate at 26%
The Reserve Bank of Malawi has kept the Policy Rate at 26%, warning that inflation could reach 28.9% by year-end due to fuel prices and weak fiscal control.