• Home
  • Contact Us
  • Privacy Policy
Tuesday, April 14, 2026
The Atlas Malawi
  • Home
  • National
  • Education
  • Health
  • Features
  • Politics
  • News
    • Business
  • Entertainment

    A Million eyes watching but no bread on the table: Malawi’s creators harvesting likes but reaping poverty

    NBM supports ‘Onesimus vs Armstrong’ concert with K5m

    Standard Bank hikes ATEM sponsorship to K35m

    Dalitso Chaponda leaves Malawi in stitches with electrifying farewell show

    EU Delegation, Music Crossroads Malawi to celebrate young musicians at 2025 Directors’ Merit Awards

    Gibo, Bwede lit up NBM Championship launch party

  • Sports
No Result
View All Result
  • Home
  • National
  • Education
  • Health
  • Features
  • Politics
  • News
    • Business
  • Entertainment

    A Million eyes watching but no bread on the table: Malawi’s creators harvesting likes but reaping poverty

    NBM supports ‘Onesimus vs Armstrong’ concert with K5m

    Standard Bank hikes ATEM sponsorship to K35m

    Dalitso Chaponda leaves Malawi in stitches with electrifying farewell show

    EU Delegation, Music Crossroads Malawi to celebrate young musicians at 2025 Directors’ Merit Awards

    Gibo, Bwede lit up NBM Championship launch party

  • Sports
No Result
View All Result
No Result
View All Result
Home News Business

LCC generates K6bn in local revenue

Mana by Mana
February 6, 2025
in Business, News
0
LCC generates K6bn in local revenue
Share on FacebookShare on Twitter

Lilongwe City Council (LCC) has generated K6 billion in local revenue as of December 2024 against a target of K15 billion in the 2024/2025 financial year which will end in March 2025.

In an interview, Chief Accountant for LCC Frank Simwaka said LCC’s total budget for the year 2024/2025 financial year was pegged at K 23 billion of which K 8 billion was to be financed under central government transfers and K 15 billion under locally generated revenue.

He said, in the financial year 2024/2025 the council has faced a number of challenges in generating local revenue such as an incomplete database for liquor licenses, the unwillingness of ratepayers to voluntarily pay property rates, and inadequate personnel, tools and equipment to support revenue collection.

“In the financial year of 2023/2024, the council collected 12 billion through local revenue against a target of K9 billion for the whole year.

The total budget for the particular financial year was K16 billion, K7 billion from government transfers and K9 billion from locally generated revenue,
“In the 2023/2024 financial year, the council surpassed its target on local revenue collection compared to the financial year 2024/2025.
Although we are remaining with three months to the end of the current financial year to be accounted for which are January, February and March, I do not think we can beat our K15 billion target because these months are considered lean, in as far as revenue collection is concerned,” Simwaka said.

You might also likePosts

Push for regional transport hub-spot places Malawi at an advantage

April 3, 2026
FDH Bank plc expects 2024 profit jump to 75%

FDH Bank profit doubles to K147.8 billion

April 2, 2026

NBM profit hits K197.97 billion

April 2, 2026

He therefore said the council has put in place strategies that will be used to improve revenue collection in the 2025/2026 financial year such as dedicating eight vehicles for revenue collection, proposing payment of K12000 per year as squatter fees for those not in the register and will conduct more campaigns and awareness on payment of property and city rates and land regulation.

Meanwhile, Senior Chairman for Tsoka Free Market Steve Magombo has asked the city council to improve its service delivery at the market using the local revenue generated.

He said, vendors at the market try their best to pay revenue but they do not receive good services from the council saying for example, there is inadequate toilets, poor sanitation and improper water drainage system which affects their wellbeing.

” We have a shortage of toilets as we have four toilets against the estimation of over 5000 vendors water drainage system is also a problem as we experience water flooding from Bwalo la Njobvu to the market which usually disturbs our customers and affects our businesses at the end of the day,” Magombo said.

“Although we are facing a lot of challenges such as rising prices of items we sell which affects our profits, we try our best to pay revenue,” he added.

He further said, that as vendors they are waiting for the councils action because the issue of inadequate toilets, improper water drainage system and poor sanitation were already presented to the authority.

Reporter By Sellah Singini

ShareTweetShareSend
Previous Post

Malawi’s Mining Renaissance: Minister Ng’oma champions investment drive at African Mining Indaba

Next Post

NBM plc supports Maseko Ngoni’s tree-planting Initiative with K7.5m

Mana

Mana

Next Post
NBM plc supports Maseko Ngoni’s tree-planting Initiative with K7.5m

NBM plc supports Maseko Ngoni’s tree-planting Initiative with K7.5m

Sponsored

ADVERTISEMENT

Facebook Page

ADVERTISEMENT

Twitter Handle

Tweets by MalawiAtlas
  • Trending
  • Comments
  • Latest

Court denounces Katapila, use of bouncers as debt collectors

July 4, 2025
MACRA gets injunction against new DStv tariffs

MACRA loses case against Multichoice Malawi

December 1, 2023
Sana Cash and Carry to maintain old prices

Sana Cash and Carry to maintain old prices

November 11, 2023
Civil servants threaten to down tools

Unions body demands a 44% minimum wage increment

November 10, 2023

“Legal frameworks knowledge on age of consent on access to SRHR services key for health workers’

96
Civil servants threaten to down tools

Unions body demands a 44% minimum wage increment

73
Ku Mingoli Bash on as organizers regret Onesimus’ actions

Ku Mingoli Bash on as organizers regret Onesimus’ actions

43
Court saves Salima Sugar boss Kosamu

Court saves Salima Sugar boss Kosamu

38

Child rights advocate calls for review of Malawi Prison Act

April 3, 2026

Push for regional transport hub-spot places Malawi at an advantage

April 3, 2026

20 children living in the country’s prisons with incarcerated mothers

April 2, 2026

Namiwa changes tune on G2G fuel procurement

April 2, 2026

About Us

The Atlas is one of Malawi’s most established, reliable and impartial publications, that does not subscribe to the principles of any political party or pressure group. It takes a no-holds-barred approach in its reporting and strives to always keep authorities and others involved in public initiatives on their toes.

At The Atlas, we believe in and fervently pursue ethical journalism, and we resist any attempt to tilt our work towards interests of particular individuals or entities.

Follow Us

Trending this week

LCC generates K6bn in local revenue

LCC generates K6bn in local revenue

by Mana
February 6, 2025
0

...

betPawa makes mistory with Africa’s biggest aviator win, over K1.9bn in one round

betPawa makes mistory with Africa’s biggest aviator win, over K1.9bn in one round

by Chancy Namadzunda
July 11, 2025
0

...

Recent Posts

Child rights advocate calls for review of Malawi Prison Act

by Contributor
April 3, 2026
0

...

Push for regional transport hub-spot places Malawi at an advantage

by Contributor
April 3, 2026
0

...

  • Home
  • Contact Us
  • Privacy Policy

© 2023 The Atlas Malawi -All Rights Reserved

No Result
View All Result
  • Home
  • National
  • Education
  • Health
  • Features
  • Politics
  • News
    • Business
  • Entertainment
  • Sports

© 2023 The Atlas Malawi -All Rights Reserved