Category: Business

Minister of Finance, Economic Planning & Decentralisation presenting the Mid-Year Budget review yesterday * Malawi faces significant fiscal pressures, but the Mid-Year Budget review demonstrates a new level of transparency and practical adjustment * If the government sustains revenue reforms, strengthens expenditure controls, and improves project execution, it can gradually stabilise the economy and rebuild fiscal space * The road ahead requires discipline, coordination, and a commitment to structural reform—DCG Chief Economist Chifipa Mhango By Duncan Mlanjira The 2025/26…

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* Describing it as a realistic, corrective, and confidence-building policy intervention that places Malawi on a firmer path toward macroeconomic stability and renewed growth * For the first time in several years, we see a budget review that openly acknowledges the structural failures of the past while proposing actionable and measurable solutions By Duncan Mlanjira The Chief Economist for South Africa’s Don Consultancy Group (DCG), Chifipa Mhango has welcomed the 2025/26 Mid-Year Budget review which was delivered by Minister…

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* 25% tax bracket has been abolished, with 30% now applying to incomes between K170,100 and K1.57 million * 35% applying from K1.57 million to K10 million, and a new 40% rate introduced for incomes above K10 million * Mobile money transaction limits also revised — increasing daily transaction and cash-out ceilings from K750,000 to K5 million * As government rolls out stringent expenditure and operational reforms aimed at restoring fiscal discipline and strengthening the efficiency of public institutions…

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* This follows loss of power supply that affected most parts of Limbe Central Business District (CBD) and surrounding areas of Blantyre City on Wednesday * Which was caused by the unplanned collapse of two 11kV power lines due to the impact of unauthorised excavation works at a private construction site behind Limbe ESCOM offices By Duncan Mlanjira Building contractors, property developers and the general public is being asked to first consult Electricity Supply Corporation of Malawi (ESCOM) before…

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