Saturday, May 28, 2022
  • About Us
  • ImagiNATION
  • Adverts
  • Rate Card
  • Contact Us
The Nation Online
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
No Result
View All Result
Home Business Business News

What people want in 2012/13 budget

by Johnny Kasalika
08/06/2012
in Business News
2 min read
0
Share on FacebookShare on TwitterShare on WhatsAppShare on LinkedinLinkedinShare via Email

Malawi’s minister of Finance, Dr. Ken Lipenga, is expected to present the 2012/13 budget in Parliament today (Friday). Our Staff Reporter BRENDA TWEA solicited views of people in Blantyre on their expectations.

Sam Mughogho

We pay taxes at Songwe Border and as we are coming we meet more Malawi Revenue Authority (MRA) officials who make us pay even more. The taxes are just too high and if we are to gain profits in our businesses, we have to overcharge. We buy these items at reasonable prices in Tanzania or South Afica, for example, but we overcharge to cover for the taxes we pay. The taxes need to be slashed because if our customers are overcharged, they can not afford to buy from us and eventually our business suffers.

Donnex Chilomo

Our market fees are going to be raised from July 1; we were are currently paying K50, but the fees will be raised to K80. All essential items such as maize are currently selling at high prices and we do not know how much they will become December. These prices need to go down.

Shorai Maziya

Taxes need to be reduced because we, in small and medium enterprises, are suffering. We pay more to government and yet we don’t get business. Those who buy from us are still getting little from their salaries because they too are being taxed heavily. I am a butcher and I have customers who used to buy, for instance, 10 kilogrammes of meat, but these days they only buy half a kilogramme. Our businesses are suffering.

Rose Msisha

Government needs to find ways of making foreign currency available in the country because forex shortages are bringing our businesses down. We get forex from the black market at higher rates and we end up charging our customers more. Even the taxes are very high and sometimes we are forced to leave the items that we imported at the borders simply because we cannot afford to pay what they charge us. As such, our businesses are going down because we are not making enough profits.

Previous Post

Soldier’s time will tell

Next Post

Sugar sales drop 19 percent

Related Posts

Business News

Concerned road transport operators call for AGM

May 27, 2022
Business News

Courier operators hail Macra’s move

May 27, 2022
Chidzungu (L) and Suleman exchange MoU documents
Business News

Conforzi to invest K8.2bn in PPP venture

May 27, 2022
Next Post
The Nation Online Sugar sales drop 19 percent

Sugar sales drop 19 percent

Opinions and Columns

Business Unpacked

Tame egos, take risks to grow economy

May 26, 2022
People’s Tribunal

What was that press briefing all about?

May 22, 2022
Big Man Wamkulu

Wife, in-law plotting my downfall

May 22, 2022
My Thought

Tonse Alliance died on arrival

May 22, 2022

Trending Stories

  • His case heard in UK court: Sattar

    Acb explains Sattar miss

    0 shares
    Share 0 Tweet 0
  • Kwacha gets 25% weaker

    0 shares
    Share 0 Tweet 0
  • AmaZulu complete signing Gaba

    0 shares
    Share 0 Tweet 0
  • Conforzi to invest K8.2bn in PPP venture

    0 shares
    Share 0 Tweet 0
  • Gone but still in our midst

    0 shares
    Share 0 Tweet 0

Malawi-Music.com Top10

  • Values
  • Our Philosophy
  • Editorial policy
  • Advertising Policy
  • Code of Conduct
  • Plagiarism disclaimer
  • Disclaimer
  • Privacy Policy
  • Terms of use

© 2022 Nation Publications Limited. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation

© 2020 Nation Publications Limited. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.