Malawi Slashes Fuel Prices

Malawi Slashes Fuel Prices

The Malawi Government through the Malawi Energy Regulatory Authority ((MERA) has reduced fuel prices from Friday, May 8, 2020. MERA Board Chairperson Rev. Dr. Joseph Bvumbwe and Chief Executive Officer Dr. Collins confirmed the development through a press statement issued on Wednesday. According to the statement, Petrol will now be at K690.50 from K780.00 per […]

Malawi Tax Defaulters Utilize Voluntary Compliance Window

Malawi Tax Defaulters Utilize Voluntary Compliance Window

By Tikondane Vega Thyolo, May 6, Mana: Malawi Revenue Authority (MRA) call for tax payers to utilise the Voluntary Compliance Window (VCW) is receiving a positive response since the window was opened three weeks ago. MRA opened a six months VCW from April 8th to 31st October 2020 to allow non-compliant taxpayers to settle their […]

Govt Optimistic Of Tobacco Sales

Govt Optimistic Of Tobacco Sales

By Rose Mahorya Mzuzu, May 5, Mana: Malawi Government has expressed optimism over better tobacco sales despite unimpressive start at the Mzuzu Auction Floors. Speaking in Mzuzu on Monday during the official opening of Mzuzu Auction Floors, Minister of Agriculture and Food Security Francis Kasaila said even though auction and contract sales so far have […]

Reunion Insurance Company Celebrates 15th Anniversary

Reunion Insurance Company Celebrates 15th Anniversary

By Esnath Kalawe Lilongwe, May 2, Mana: Reunion Insurance Company has described its 15 years of operation in the country as a milestone in insurance industry.  Reunion Insurance Company Business Development Manager Miller John Joshua said this to Malawi News Agency (Mana) in Lilongwe on Saturday as the company would be celebrating its 15th Anniversary […]

TNM Mpamba Partners FINCA to Launch Mpamba Pasavute

TNM Mpamba Partners FINCA to Launch Mpamba Pasavute

In its quest to enhance financial inclusion in the country, TNM Mpamba Limited has partnered with FINCA Malawi to provide a much more convenient and easily accessible savings and loans product dubbed Mpamba Pasavute. Mpamba Pasavute is a mobile money product that allows customers to save money using their mobile phones and acquire a microloan […]

Limbe Tobacco Market Opens On A High Note

Limbe Tobacco Market Opens On A High Note

By Memory Chatonda, MANA The tobacco market opened on Monday at Limbe Auction Floors with maximum price of the golden leaf selling at 2.50 dollars and 1.30 dollars for contract and Auction market, respectively. This is a slight improvement of tobacco sales at Limbe Auction Floors, especially for contract market compared to last year’s sales […]

TNM Removes Transaction Fees on Mpamba to Fight Covid-19

TNM Removes Transaction Fees on Mpamba to Fight Covid-19

TNM Mpamba Limited will be foregoing revenue in excess of K80 million per month for the next three months in the quest to help stem the spread of Coronavirus (Covid-19) and ensuring development of a digital financially enabled society, which will enjoy long-term benefits. As Malawi’s trusted digital financial services provider, the company has completely […]

Covid-19: Standard Bank Waives Digital Banking Fees

Covid-19: Standard Bank Waives Digital Banking Fees

As way of providing relief to customers from the effects of Covid-19 pandemic, Standard Bank has adjusted its fee structure for customers who use internet and mobile banking. This is in direct response to recommendations by Reserve Bank of Malawi among which was the reduction of fees and charges on a range of digital services. […]

Tobacco Marketing Season Starts On High Note

Tobacco Marketing Season Starts On High Note

By Amos Banda Tobacco sales at Chinkhoma Auction Floors in Kasungu have been described as impressive with the maximum price reaching US$ 2.40 per Kg on the opening day. In an interview with Malawi News Agency (Mana), Controller of Agriculture Services responsible for Institutions, Dr. Alexander Bulirani said the sales started at a very good […]