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By Wezzie Gausi:
Government tax expenditures more than doubled between 2022 and 2024, reaching K811.6 billion.
Tax expenditure is revenue that the government forgoes through tax exemptions, deductions, credits, allowances and preferential tax rates granted to selected sectors, activities or groups.
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Ecobank Group Regional Executive for Central, Eastern and Southern Africa, Josephine Anan- Ankomah, has affirmed the bank’s commitment to continue contributing to national economic growth and development efforts.
She was in the country for a three-day strategic leadership visit which focused on strengthening engagement with stakeholders and advancing strategic alignme...
More than 1,300 members of Tipindule Community Sacco may not secure their savings after the Registrar of Financial Institutions (RFI) disclosed that the institution’s assets are insufficient to meet its liabilities.
The registrar had announced revocation of the Sacco’s licence and ordered its compulsory winding-up.
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By Myra Elias:
Partnerships between commercial banks and women-led businesses are helping in improving women-led enterprises’ access to finance through collateral free loans.
Graca Machel Trust Advocacy Manager Juliet Kimoto said this in Lilongwe on Thursday at a Comesa Federation of Women in Business (COMFWB) Malawi Chapter and Graca Machel Tr...
By Brenda Kayo:
Activist Sylvester Namiwa remains in custody after the High Court in Lilongwe deferred its decision on his bail application in a case in which he faces treason and publication of false news charges.
High Court Judge Mzondi Mvula Thursday heard arguments from both the defence and the State during a chamber hearing but said he ne...