MRA rolls out Electronic Invoicing System nationwide
The Malawi Revenue Authority (MRA) has announced the full rollout of the Electronic Invoicing System (EIS), aimed at improving efficiency and tax compliance. In a...
Category : Economy
RBM holds interest rate, tightens bank reserves
The Reserve Bank of Malawi has kept its main interest rate (Policy rate) unchanged at 24.0 percent, while increasing the amount of money commercial banks...
Lamba picked for elite African leadership circle
South African-based investment executive Mandla Lamba has been selected for a prestigious continental leadership gathering organised by W.O.W Africa, in recognition of his contribution to...
Government Mega Farms Unit targets productivity gaps
Malawi’s Mega Farms Unit has intensified efforts to address productivity gaps in government-run agricultural projects through targeted skills training aimed at improving crop production, livestock...
RBM launches new payments strategy to drive digital economy
The Reserve Bank of Malawi (RBM) has unveiled a National Payments Systems Strategy to accelerate the country’s transition to a digital economy between 2026 and...
COMESA to launch $25 million facility to accelerate renewable energy transition
The Common Market for Eastern and Southern Africa (COMESA) is set to launch a $25 million Project Preparation Facility aimed at boosting renewable energy access...
COMESA adopts trade plan ahead of 25th Heads of State Summit
The Common Market for Eastern and Southern Africa (COMESA) Council of Ministers has approved a new Medium-Term Strategic Plan (MTSP) for 2026–2030 ahead of the...
MEDF owed K240 billion, tasked to recover loans from defaulters
The Government has launched the Malawi Enterprise Development Fund (MEDF), formerly the National Economic Empowerment Fund (NEEF), with a renewed drive to recover unpaid loans...
Regional digital payments to boost trade, ease forex pressure – RBM
Deputy Governor of the Reserve Bank of Malawi, Kisu Simwaka, says regional efforts to harmonise and modernise payment systems will boost cross-border trade and reduce...
Government calls on ESAMI Alumni to shape Malawi’s economic future
Government says investment in leadership and management training remains critical to shaping Malawi’s economic future. Minister of Defence Feston Kaupa made the remarks in Lilongwe...