Month: July 2023

* We are satisfied that Blantyre Water Board is justified to adjust the tariff * Because we have seen for ourselves how complicated water production is By Duncan Mlanjira In its turnaround strategy in order to serve better through cost-effective tariffs and to sustain the gains it shall earn in the long run, Blantyre Water Board (BWB) took customers to Walker’s Ferry to appreciate that there is huge cost attached to production of potable water all the way from…

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* Its resulting in severe disruptions to critical information infrastructure, across various sectors * These online attacks have the potential to affect anyone due to the interconnections between countries By Duncan Mlanjira Malawi Computer Response Team (mwCERT) of the Malawi Communications Regulatory Authority (MACRA) announces of recent cyber-attacks that have targeted several countries in the COMESA region, resulting in severe disruptions to critical information infrastructure, across various sectors. In a statement, MACRA Director General, Daud Suleman says “these online…

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* The current level of lending rate is the highest since 2017–Chief Economist Chifipa Mhango * And clearly highlights the difficult path the Malawi economy is under currently By Duncan Mlanjira Revered economist, Chifipa Mhango says the hiking of policy lending rate by the Reserve Bank of Malawi (RBM) by 200 basis points, from 22% to 24%, did not come as a surprise as this is what he already projected. He said “in an economic environment where the currency…

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