Category: News

* Reduce the higher end (marginal) tax rate from the current 35% to 30% to synchronise it with the corporate tax rate for employees * Individuals don’t get relief for expenses unlike corporates and the the threshold of marginal tax rate for employees be review * From K2,550,001 to K6 million per month since they are seen to pay tax at a rate higher than prevailing corporate tax By Duncan Mlanjira Forex scarcity which is impacting essential imports of goods…

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* The K10 billion threshold in all sectors is a barrier to growth and discourages potential investors * It is one of the primary tax policies currently hindering substantial investment across all sectors By Duncan Mlanjira Considering the devaluation of the Malawi Kwacha and the inflation experienced since the introduction of the threshold of 10% corporate income tax on business profits exceeding K10 billion in all sectors, the government has been asked to consider raising the threshold to K30…

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* Also to remove VAT on cooking oil to support vulnerable groups currently relying on unhealthy cooking oils * To initiate tax policies that encourage savings and investments, such as tax deductions for interest earned on savings accounts or tax incentives for long-term investments By Duncan Mlanjira At the last of three of the 2025-2026 national pre-budget meetings with private sector stakeholders — held at Sunbird Mount Soche in Blantyre — the government has been asked to consider reducing…

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By Duncan Mlanjira A truck has breakdown truck and jackknifed (a trailer folding and swinging out, which has completely blocking passage along Mzuzu-Nkhata Bay M5 Road at Kavuzi area. A public notice from Northern Region Police public relations officer, Inspector Maurice Chapola advises motorists not to descend beyond Jowelo Trading Centre or ascend beyond Mpamba Trading Centre. Inspector Chapola notifies that relevant authorities have been notified of the development. Comments on social media indicates that affected vehicles include tankers…

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Airtel Malawi’s acting Managing Director Abdul Shaik * Adds Electricity Supply Corporation of Malawi (ESCOM) as an additional local fiber service provider * To enhance protection on major routes in order to mitigate unforeseen circumstances Airtel Malawi has experienced recently * Acquiring additional protection capacity on international fiber link from Tanzania to boost already existing links from Mozambique and Zambia By Duncan Mlanjira In order to safeguard a robust and reliable network, Airtel Malawi is investing in additional capacity…

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