Category: News

* April 2022 target was set at K124.57 billion, thus exceeding by K5.88 billion * Performance translates to a nominal growth of 22.3% compared to K106.65bln collected in April 2021 * Commissioner General Biziwick commits to engage with media every quarter for revenue performances By Duncan Mlanjira For the 2022-2023 fiscal year that started from April, Malawi Revenue Authority (MRA) set a target K1.518 trillion and in its first month, the Authority has already collected K130 billion. This is…

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Colleen Zamba  * As President Chakwera builds a robust monitoring system that ensures strict adherence to control government spending * I know that the realignment of the kwacha is painful, but it’s because we are putting a dislocated joint back in its place * Both decisions are part of our ongoing efforts to cure our economy of the failed economic policies of the past By Duncan Mlanjira In announcing strict measures on government spending, President Lazarus Chakwera has relieved…

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* Last month, there was scarcity of sugar which led traders to increase prices of the commodity * Against the then recommended price of K900/kg to as high as K1,500/kg for brown sugar * Even after sugar was flooded on the market, most traders still maintained high prices * Some selling at K1,000 and following the increase, they are bound to peg it higher than K1,100 By Duncan Mlanjira With effect from Monday, May 30, Illovo Sugar Malawi Plc…

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