Friday, June 14, 2024

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SA Ghetto Tour

Sat, 15 Jun 2024 18:00:00 UTC @ Salt River Circle Hall (Cape Town) - Chi-Chi Beauty Parlour Entertainment Presents SA Ghetto Tour with live perormances from Jetu, Zonke and Pop Young at Salt River Circle Hall in Cape Town South Africa on 15 June 2024. Th... More Info
Stay Alive Listening Party

Sat, 15 Jun 2024 19:00:00 UTC @ Red Lounge In Lilongwe - Be one of the first 70 people to listen to the whole STAY ALIVE project by Chizmo Njuchi on 15th June at Red Lounge In Lilongwe. Stay Alive Listening Party will start from 19 to 22 PM.... More Info

2024/2025 National Budget pegged at MK5.98 trillion

Minister of Finance Simplex Chithyola Banda has said that the fiscal year 2024/2025, total revenue is projected to reach 4.55 trillion Kwacha, with 3.38 trillion coming from domestic sources and 3.26 trillion Kwacha from tax revenue.

Additionally, grants are expected to contribute 1.17 trillion Kwacha.

Total expenditure is estimated at 5.98 trillion Kwacha, with 30 percent allocated to wages and salaries, amounting to 1.08 trillion Kwacha.

The budget reveals a deficit of 1.4 trillion Kwacha, of which 1.2 trillion is anticipated to be covered through domestic borrowing, while 150 billion Kwacha will be sourced externally.

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Robert Ngwira
Robert Ngwira
Attended Our Future Private Secondary School in Rumphi from 2006-2009 Holder of Diploma in Journalism from Malawi Institute of Journalism (MIJ) Hobbies, reading newspapers, going out with friends, listening to radio and watching football. Email: info@faceofmalawi.com

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