Malawi became eligible under AGOA in October 2000 to increase its bilateral trade with USA. AGOA was originally implemented to expire in 2008 but was later extended to 2015. Critical data analysis however suggests that Malawi has benefitted less from the AGOA initiative. Various studies have...

Malawian mobile phone industry plays a significant role in the social and economic development of the country. It is undoubted factor that it is a lucrative source of corporate tax and various levies collected by government and regulators. Liquidity of the mobile operators is not a matter of...

It is undoubted fact that corporate entities exert significant influence in any given economy through substantial investment in infrastructural development, employment opportunities, corporate social responsibility, provide meaningful returns to shareholders and paying of taxes and very often...

This is a conceptual paper that strived to explore reintroduction of poll tax as one of the effective mechanisms of controlling unsustainable population growth in Malawi which has since become cause concern for social and economic development. The study targeted men from age of fifteen to sixty...

One of the greatest mysteries in Malawi is about development. It is a term which is surprisingly not well understood and therefore provides problems on policy formulation and interventions. This paper therefore strived to get inputs (perceptions and knowledge of development) from the locals for...

Privatizing state-owned companies is usually an emotional subject with various stakeholders struggling to make their voices heard making it difficult to reach a compromise. This is exacerbated when privatization exercise involves state-owned banks due to volatility of the financial industry. The...

Malawi Stock Exchange Listing Rules require that listed companies should publish trading statements within thirty days prior to reporting period if profit will differ by about 20% from similar previous reporting period. The purpose of the trading statement is to alert users of the financial...

Users of financial statements heavily rely on the Statement of Cash Flows to gauge a reporting entity's liquidity to accommodate cash payout as and when obligations fall due. Financial analysts spend considerable effort to decipher hidden clues on how a reporting entity will perform in the near...

TNM Limited successfully concluded a significant IPO in Malawi in terms of shares offered to the general public. Critical review however reveals that little value was transferred to the general public. The shareholders of the company prior to the IPO instituted mechanisms of amassing substantial...

The Malawian Banking Act 2010 and Financial Services Act 2010 require that external auditors of Malawian banks should perform extra duties on behalf of Central Bank in additional to specific duties outlined in the Malawi Companies Act 1984 and International Standards on Auditing (ISAs). The...