Category: Business

* Malawi inflation problem is not an economic mystery, it is an institutional failure * For decades, Malawians have lived with 20%+ inflation as if it were normal * This numbness to economic pain has allowed policymakers to rely on the same narrow blunt toolkit of discretionary monetary policy — even though it has repeatedly failed to deliver stability By Duncan Mlanjira Diaspora-based Malawian economic expert Thomas Ngoma — who has advanced a serious agenda that if Malawi is…

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* Allocates 85% of contractual volumes for the current fuel supply to Malawian transporters following concerns of dominance by international transporters * NOCMA addressing concerns of loading delays at sea ports in Mozambique and Tanzania by establishing offices in Beira and Dar es Salaam By Duncan Mlanjira Malawi Energy Regulatory Authority (MERA), in collaboration with the Ministries of Energy and of Transport, has averted an industrial strike planned by Bulk Vehicle Operators Trade Union (BVOTU) from tomorrow April 7…

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* Road levy is at K521/litre; rural electrification levy at K207/litre; under-recovery K350/litre; price stabilisation fund K168.77/litre; excise duty K279.32/litre; duty at K253.92/litre * Along with carbon tax, SFR levy, energy regulatory levy, distribution fund, import base landed cost (IBLC) loss recovery * These are not global oil prices; these are domestic policy choices — line by line, levy by levy, decision by decision * Well over 30% to 40% of the final pump price is driven not by…

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* It is important to understand that both consumers and traders are affected by the fuel price increases and it will be necessary for both parties to recognise that they need each other during these difficult times * The recent price increase was unexpected but following recent global fuel price increases we expected to experience such fuel prices extended in Malawi * As well the recent wars in the Middle East that have triggered scarcities of fuel on the…

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