- Malawi government introduced new customs and excise regulations effective August 1, 2025 to update existing laws
- The Customs and Excise Amendment No.2 Regulation 2025 streamlines procedures and enhances compliance for foreign exchange and export transactions
- New rules establish updated procedures for export proceeds repatriation and foreign currency accounts while enforcing penalties for violations
- The regulation revokes previous regulations and defines administrative processes including appeals and enforcement actions
- Changes aim to improve oversight within customs and financial systems through better compliance and streamlined procedures
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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