The Malawi Revenue Authority-MRA is touting the Buy Malawi Strategy as a tactical vehicle of formalizing a majority of the business in the informal sector.

There have been concerns that the government is losing billions of kwacha through the informal business sector, where tax is not effectively administered.

Most of the Small and Medium Enterprises-SME’s are not registered tax payers hence the loss of potential tax base.

One of the requirements for the Buy Malawi membership is tax registration, which is also contributing to growing the tax base for the revenue collection body.