The Economist Intelligence Unit (EIU), a research and analysis division of the Economist Group, says the kwacha is expected to depreciate further until it catches the spread between the formal and informal market exchange rates. In its analysis quoted in the Nico Asset Managers Monthly Economic Report for February 2024, the firm says bi-monthly exchange
Since independence in 1964, the Government of Malawi has aligned its development agenda with policies and strategies to improve its socio-economic landscape. Having implemented the Statement of Development Polices and the Poverty Alleviation Programme, among others, before independence, growth decelerated mainly due to external shocks. Malawi introduced Vision 2020 in the 2000s whose pillars were
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On Tuesday the second round of tobacco estimate published by the Tobacco Commission (TC) have shown that tobacco production is expected to shrink to 140 million
Economics Association of Malawi acting president Bertha Bangara-Chikadza has urged the government to enforce the collection of withholding tax on rental incomes to boost the country’s capacity to generate revenue. The recommendation comes at a time when the government has launched several initiatives to broaden the tax base, including through the use of third-party data