Duncan Mlanjira – Page 275 – Maravi Express – Your Kind of News. Clear and accurate.

Standard Bank sponsors private business sector’s arbitration centre

September 5, 2024

* Standard Bank applauds the vision behind establishment of MIAC, which is private sector led and recognises the sector as engine of growth * We believe in effective dispute settlement in matters of commerce and investment, hence our support of this week’s symposium Maravi Express Standard Bank Plc has sponsored K5 million towards the inaugural awareness and membership symposium of the Malawi International Arbitration Centre (MIAC), a private sector driven arbitration and dispute resolution body. The symposium was opened…

MRA upbeat with the rehabilitation of Beira-Marka railway line

September 5, 2024

| No Comments

| Business, National, News

* To increase volume of trade between Malawi and Mozambique * While at the same time enhancing revenue collection for MRA By Arnold Namanja, MANA Malawi Revenue Authority (MRA) has said rehabilitation of the Beira-Marka railway line in Nsanje District is expected to increase volume of trade between Malawi and Mozambique while at the same time enhancing revenue collection for MRA. This was said by MRA Marketing Communications Manager, Wilma Chalulu on Wednesday when the tax collection body took…

Amended law bites hard on 3 offenders jailed for 10 years each for ESCOM transformer vandalism and theft

September 4, 2024

| No Comments

| Business, Courts, Law Enforcement, News

The convicts Charles and Patrick * The jail term is deterrent enough considering that the offences were pre-meditated * The act of vandalism has affected power supply to Nguludi Hospital and businesses Maravi Express Vandalism of an Electricity Supply Corporation of Malawi (ESCOM) transformer and theft of its underground cables have earned three men 10 years imprisonment each in Mulanje, courtesy of Electricity (Amendment) Act 2024. The Mulanje Senior Resident Magistrates’ Court passed the sentence on Gift M’mangisa, Geoffrey…

Airtel Top 8 kicks off on September 14

September 4, 2024

| No Comments

| News, Sports

Defending champions Nyasa Big Bullets * Nyasa Big Bullets playing host to Civil Service United at the Kamuzu Stadium * Mighty Wanderers will host Bangwe All Stars at the same Kamuzu Stadium Maravi Express The Airtel Top 8 2024 will kick-off on Saturday, September 14 with defending champions, Nyasa Big Bullets playing host to Civil Service United at the Kamuzu Stadium in the official kick-off match. A confirmation of the development on Fam.mw media platform indicates the the following…

ESCOM establishing cause of nation-wide electricity system shutdown

September 4, 2024

| No Comments

| Business, National, News

Maravi Express Electricity Supply Corporation of Malawi (ESCOM) alerts the public that it experienced a system shutdown at 11h42 today September 4 and is “yet to establish the cause of the country-wide loss of the power supply”. “Consequently, most parts of the country do not have electricity supply,” said the public notice from Management. “We have since stepped up our efforts to restore power supply in the shortest time possible. “We regret any inconvenience the system shutdown may cause…

Malawi Supreme Court of Appeal already pronounced itself in favour of international arbitration in Malawi

September 4, 2024

| No Comments

| Business, Law Enforcement, National, News

* One of the parties had referred to the International Chamber of Commerce a commercial dispute in respect of a contract which was being performed in Malawi * The other party sought an anti-arbitration injunction and after the High Court refused to grant the injunction, Supreme Court of Appeal upheld the lower court’s decision Analysis by Duncan Mlanjira Malawi is from tomorrow, September 5-6, hosting its first-ever international arbitration symposium at Bingu International Convention Centre (BICC) to cement and…

Sports Council waives registration of Blantyre 42.195km Race to attract more professional athletes

September 3, 2024

| No Comments

| News, Sports

* Athletes from rural areas struggle to find the registration fee, a factor which was impeding them from joining the event * As a Sports Council, it is our mission to see mass participation in sporting activities and we thought it wise to waive the fees By Duncan Mlanjira Malawi National Council of Sports has waived registration fees for the Blantyre 42.195km race and the 10km category to allow talented but struggling professional athletes the chance to compete in…

Road Traffic Directorate advises people to be road safety-cautious; 98% of car accidents can be prevented

September 3, 2024

| No Comments

| Law Enforcement, National, News

Principal road transport officer responsible for safety, Charles Maluwa * It is always disheartening to note that the country continues to lose a lot of lives and property because of the culture of ‘carelessness’ * It is high time that we embraced a culture that could help people prevent accidents so that we save lives and property By Memory Kutengule Chatonda, MANA The Directorate of Road Traffic & Safety Services (DRTSS) has advised Malawians to be road safety-cautious, observing…

Illovo Sugar Malawi sponsors K10 million towards the hosting of the first -ever Malawi International Arbitration Centre Symposium

September 3, 2024

| No Comments

| Business, Law Enforcement, News

* The Malawi International Arbitration Centre is a joint venture private company limited by guarantee * Incorporated by the MCCCI and the Malawi Law Society (MLS) on September 7, 2023 * Which establishes and seeks to maintain a private sector-led neutral and independent facility for the resolution or settlement * Of commercial, investment and other disputes by way of arbitration, mediation and like processes as opposed to litigation in the Courts By Duncan Mlanjira In a move towards enhancing…

Competition and Fair Trading Act set to bite harder for its perpetual offenders as fines attract up to 10% of gross annual turnover

September 3, 2024

| No Comments

| Business, Law Enforcement, News

* It has taken 26 years for the CFTA to be reviewed after it became a trend by big businesses to continue breaking the competitive and fair trading law * But the old law (CFTA, 1998) was repealed and enacted to pave way for the new law (CFTA, 2024), which became operational on July 1, 2024 Analysis by Duncan Mlanjira Big businesses and traders opted to become perpetual offenders of unfair trading practices because the punishment fine of K500,000,…