Andrew Viano
Parliament has on Monday afternoon passed the Taxation Amendment Bill which seeks to set 100 000 Kwacha as the tax-free band from the current K45, 000.
In his report to the committee, the Head of Malawi Revenue Authority said for five years running, MRA has been missing revenue targets set in the presentation of national budgets.
Ahead of the June 23 Fresh Presidential Elections, Tonse Alliance promised Malawians that under its rule government will introduce a duty-free week for people to import goods free of charge as a way of improving their economic wellbeing.
As the rainy season is fast approaching, signaling the beginning of a farming season, farming activities have commenced in all sectors involved.
Minister of Finance, Felix Mlusu, Friday morning presented a K2.109 trillion kwacha budget for the 2020/21 fiscal year.
Minister of Finance, Felix Mlusu Friday presented a K2. 190 trillion financial plan for the 2020/21 fiscal year.
Among the issues tackled in the first-ever Weekly Brief hosted by the Presidential Media Directorate that lasted for about an hour was the talk of the moment, Malawi Enterprise Development Fund, MEDF.
As the developed countries compete to acquire scarce medical equipment to combat the coronavirus, another troubling divide is also emerging, with developing countries losing out to wealthier ones in the global scrum for testing materials.
In the internal memo addressed to Secretary to the President and Cabinet, Office of the Vice President and all Principal Secretaries and Heads of Department, the Attorney General Dr. Chikosa Silungwe is blunt on issues of secondment and transfers saying they have proved to be costly.
Initial estimates by the Tobacco Commission indicated that the country would produce 155 million kilograms of tobacco against a market demand of 161 million kilograms.
