Economic and Finance

REAL ESTATE INVESTING IN MALAWI

Investing in Real Estate has always been a wise and solid decision as far as investment portfolios are concerned. The stability, over time, of real estate investments has always hinged on sayings like the old adage, “buy land, they’re not making it anymore”, or as put succinctly by billionaire taxi driver-turned-real estate mogul and businessman, Tamir Sapir, “If you're not going to put money...

Govt to audit road projects

Roads authorities are calling for bids from potential consultants to conduct an audit exercise on all government funded road projects that run in the 2013/2014 financial year. The exercise, to be implemented by the Roads Fund Administration (RFA), is planned to be conducted in a space of two months. It comes as various government departments and institutions are being audited following the massive plundering of tax...

FDH Bank’s Zatheka account promo hits 300 customers

FDH bank customers continue to open accounts with the bank through the Zatheka promotion with more than 300 of them qualifying for the fourth draw in a space of a week. This draw marks a month since the promotion and the new account were introduced in the country by the fastest growing commercial bank. The bank launched the K4 million promotion which among other things aims...

Govt told to impress tax payers not donors

Development partners under the Common Approach to Budgetary Support (CABS) have advised the Malawi government to work towards impressing tax payers who contribute 60 percent to the national budget. This follows the public's observation that the government has worked tirelessly to impress the donors on financial prudence at the expense of ordinary Malawians. Speaking to the media, CABS Co-Chairperson and European Union Head of Delegation to...

Malawi govt formulates 2014-2015 national budget without donor aid

The Malawi government has started working on the 2014-2015 national budget that does not encompass direct budget support from the donors, according to Finance Minister Maxwell Mkwezalamba. Mkwezalamba denies that the government will be implementing the controversial zero deficient budget, which was widely criticized during the Bingu wa Mutharika era. It comes after donors have clearly said that they will not resume direct budget support to...

Popular

spot_imgspot_img
(Visited 13 times, 1 visits today)