My Financial News from Malawi, Taxes

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Malawi , Tuesday 02 June 2026

Malawi: Finance Minister Gwengwe's Tax Decision Shocks Banks - Accused of Imposing Selective Tax On Bank Profit

Published on: Tuesday 28 March 2023

Malawi: Finance Minister Gwengwe's Tax Decision Shocks Banks - Accused of Imposing Selective Tax On Bank Profit Representatives of banks and shareholders say they are shocked by Tuesday's decision by Finance Minister, Sosten Gwengwe to impose a selective income tax on banks that make profits of K10 billion or more.



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