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US gives final nod on $350m compact package

Malawi’s second compact under the Millennium Challenge Corporation (MCC) is now set to roll out after fulfillment of conditions required for “Entry Into Force”, it has emerged. In a joint statement at the official launch of the $350 million (about K612 billion) Transport and Land Compact yesterday, Ministry of Finance and Economic Affairs and the

Govt losing out as over K1 5bn is transferred from US to Malawi every month through informal channels

Govt losing out as over K1 5bn is transferred from US to Malawi every month through informal channels
nyasatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nyasatimes.com Daily Mail and Mail on Sunday newspapers.

Dodma mute on hunger response | Nation Online

Nearly one month after President Lazarus Chakwera declared a State of Disaster to appeal for assistance, the Department of Disaster Management Affairs (Dodma) has kept under wraps progress on the response to date. Dodma commissioner Charles Kalemba in an interview on Sunday said he could not divulge any details on how much money has been

New income tax measures delay | Nation Online

Two months after Minister of Finance and Economic Affairs Simplex Chithyola Banda announced new income tax measures, the new taxes are yet to be gazetted, meaning they will be implemented at a later date. The delay means employees will not immediately enjoy the increase in the zero-rated tax bracket from K100 000 to K150 000

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