The Malawi Revenue Authority (MRA) says it has made strong progress in implementing new tax measures, with 8,428 businesses registered on the Electronic Invoicing System (EIS), close to its target of 9,000.
Speaking during a media training workshop in Lilongwe, MRA Head of Corporate Affairs Wilma Chalulu said the EIS is improving tax administration through integrated sales, purchases and stock records, replacing the older Electronic Fiscal Device system with a more efficient platform. She encouraged businesses with an annual turnover exceeding K50 million to register for the system.
Chalulu said the EIS, together with other tax reforms, helped MRA collect K1.398 trillion during the first quarter of the 2026/27 financial year, exceeding the target of K1.378 trillion.
She also disclosed that mineral royalties reached K28.4 billion between April and June, far above the K667 million target, largely driven by increased gold exports, while penalties generated more than K15.5 billion against a target of K4.3 billion.
MRA expects to collect K603 billion this month and is optimistic of surpassing its second-quarter target, citing improvements in foreign exchange earnings and inflation.
Chalulu emphasised that as external donor support declines, domestic tax revenue will play an increasingly important role in financing public services and national development. She urged taxpayers to comply voluntarily with tax obligations and called on the media to continue educating the public on tax reforms.
She also noted that a 40 percent excise duty has been introduced on scrap metal exports to help curb the vandalism of electricity infrastructure, telecommunications equipment and railway assets.
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