Malawi Revenue Authority counts on mining revenue

By Kingsley Jassi: Mineral royalties have started trickling in, driving domestic revenue performance in the first quarter of the 2026-27 financial year when the Malawi Revenue Authority (MRA) collected K28.4 billion. After MRA announced to have beaten its revenue target by K20 billion during the quarter, the agency said it is poised to meet the K603 billion target in July. Initially, MRA projected to collect K667 million from mineral royalties between April and June but the turnout is said to have been driven by gold exports by the Reserve Bank of Malawi (RBM), offsetting other taxes that underperformed. This was said when MRA officials engaged the media in Lilongwe yesterday. The presentations further showed high non-compliance cases that led to increased penalties than initially projected, at K15.5 billion up from K4.3 billion. With the mining sector emerging, MRA projects continued growth of the royalties. Meanwhile, the ninth Malawi Extractive Industries Transparency Initiative (Mweiti) report, titled Optimisation of Extractive Sector Revenues and Reduction of Illicit Financial Flows', projects that, under the most optimistic scenario, the government would collect roughly $19 million (about K 33.25 billion) in 2026. In an interview, MRA Head of Corporate Affairs Wilma Chalulu emphasised on the public buy-in on tax compliance, appreciating progress the recent Electronic Invoicing System (EIS) is making. "We are making good progress with the EIS, which has already helped us improve tax compliance. Many businesses have already boarded," Chalulu said. MRA is further collecting data to assess the housing industry ahead of the rental tax administration, with over 7 000 properties registered in the first phase—which targeted low density areas. MRA collected K1.398 trillion in the first quarter and is expected to collect at least K6.2 trillion by the end of the current fiscal year.

Times Malawi Times Malawi · Wire Report · Fri, 24 Jul 2026 11:40:42 · 2 min read

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WIRE — By Kingsley Jassi: Mineral royalties have started trickling in, driving domestic revenue performance in the first quarter of the 2026-27 financial year when the Malawi Revenue Authority (MRA) collected K28.4 billion. After MRA announced to have beaten its revenue target by K20 billion during the quarter, the agency said it is poised to meet the K603 billion target in July. Initially, MRA projected to collect K667 million from mineral royalties between April and June but the turnout is said to have been driven by gold exports by the Reserve Bank of Malawi (RBM), offsetting other taxes that underperformed. This was said when MRA officials engaged the media in Lilongwe yesterday. The presentations further showed high non-compliance cases that led to increased penalties than initially projected, at K15.5 billion up from K4.3 billion. With the mining sector emerging, MRA projects continued growth of the royalties. Meanwhile, the ninth Malawi Extractive Industries Transparency Initiative (Mweiti) report, titled Optimisation of Extractive Sector Revenues and Reduction of Illicit Financial Flows', projects that, under the most optimistic scenario, the government would collect roughly $19 million (about K 33.25 billion) in 2026. In an interview, MRA Head of Corporate Affairs Wilma Chalulu emphasised on the public buy-in on tax compliance, appreciating progress the recent Electronic Invoicing System (EIS) is making. "We are making good progress with the EIS, which has already helped us improve tax compliance. Many businesses have already boarded," Chalulu said. MRA is further collecting data to assess the housing industry ahead of the rental tax administration, with over 7 000 properties registered in the first phase—which targeted low density areas. MRA collected K1.398 trillion in the first quarter and is expected to collect at least K6.2 trillion by the end of the current fiscal year.

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