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Kondwani Nankhumwa calls for Covid-19 tax waivers

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Williams Banda

Leader of Opposition in Parliament Kondwani Nankhumwa has proposed tax holidays and waivers for both local and international companies wanting to start operations in the country.

Nankhumwa says the tax waivers or holidays will help save jobs for Malawians as businesses slow down due to Covid-19 restrictions world over.

His call comes at a time reports indicate thousands of Malawians continue losing jobs with thousands more expected to have lost their jobs by December this year.

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“I would like to ask the government to consider reducing or even removing some of the taxes companies pay because the companies continue to pay tax despite losing business due to Covid-19 related restrictions, so it would be wise to lessen the burden of taxes for the time being so that we save thousands of Malawians from losing their jobs,” Nankhumwa said.

He then said he would, in Parliament, ask the government to introduce tax holidays for companies seeking to invest in the country to create more jobs for Malawians.

While acknowledging the importance of such waivers and tax holidays to secure jobs for Malawians, Treasury spokesperson Williams Banda said the Ministry of Finance is already in the process of scrutinising contributions various stakeholders made during national budget consultations.

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“I wouldn’t want to pre-empt what the Minister of Finance will say on the matter when he presents the 2020/2021 national budget in Parliament in September, suffice to say that we are already scrutinising contributions stakeholders presented during the budget consultation meetings early this year,” Banda said.

Meanwhile, Nankhumwa, who is also Democratic Progressive Party Vice-President for the Southern Region, has donated Personal Protective Equipment to some health centres in Mulanje and Chiradzulu districts.

“Rural health centres need support to fight Covid-19, so I decided to donate these materials as one way of answering government’s call for collaborative efforts in fighting the pandemic,” Nankhumwa said.

As of Sunday, Malawi had recorded a total of 5,414 confirmed Covid-19 cases out of which 3,012 had recovered while 168 had died. There was no new death the previous 24 hours.

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