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Author: Duncan Mlanjira

Kabaza operators will be required to be licensed after proper training on use of public roads
August 25, 2024
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| Law Enforcement, National, News

Principal road transport officer, Charles Maluwa * And to be registered on MalTIS so that they get numbers, trained and be given licenses at affordable prices * As the Directorate launches district road safety committee to help beef up human capital challenges in enforcement of road traffic issues at district level By Chisomo Kambandanga, MANA Motor bike taxi operators, commonly known as Kabaza, will be required to undergo proper training on use of public roads before being licensed and…

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TNM Plc returns to profitability; Expects MK2.3 billion in first half
August 23, 2024
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| Business, News

* Profit after tax for the half year ended June 30, 2024 to be between MK2.192 billion and MK2.35 billion, representing an increase of between 181% to 201% * The latest performance reflects a return to solid profitability for the telco as it recovers from cycles of distressed profit trajectory By Duncan Mlanjira Malawian-owned telco, Telekom Networks Malawi (TNM) Plc, listed on the Malawi Stock Exchange (MSE), says it expects its net profit for the first half of 2024…

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FDH Bank Plc achieves K1 trillion market capitalisation milestone on MSE
August 23, 2024
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| Business, National, News

FDH Bank Plc Board chairperson Charity Mseka (c) flanked by Mkulichi (2nd left), Nkunika (left), Chitera (2nd right) and Richard Chipezaani during 2024 Investors Forum * As Parliamentary Committee applauds the bank’s sustained commitment to corporate social responsibility * Noting that its  initiatives target some of the most vulnerable and marginalised communities in the country Maravi Express Within four years of listing on the Malawi Stock Exchange (MSE), FDH Bank Plc has reached a significant milestone, achieving a market…

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Ascent Soccer’s Faith Chinzimu named in Best XI of CAF Women Champions League-COSAFA 2024 qualifier group stages
August 22, 2024
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| International Sports, News, Sports

* As South Africa’s University of the Western Cape (UWC) and Bostwana’s Gaborone United qualify the final * Rampant UWC thrashed Young Buffaloes 6-0 while Gaborone United edged Herentals Queens 1-0 in the semifinals today Maravi Express Ascent Soccer’s forward Faith Chinzimu, who scored two goals from the three match played in the 2024 CAF Women Champions League-COSAFA qualifier which Malawi is hosting at Mpira Stadium, has been named in the Best XI of the group stages. The other players…

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Department of Meteorological Services warns of strong Mwera winds from tomorrow
August 22, 2024
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| National, News

Table showing the impact-based forecast * The winds are expected to exceed 40km/hour resulting in formation of high-water waves of more than 1 meter in height * Additionally, prepare for the impact of Chiperoni weather which is associated with cold conditions * Due to significant drop in temperatures and gusty winds over most areas coupled with rain drizzles By Duncan Mlanjira Department of Climate Change & Meteorological Services alerts that strong Mwera winds are expected to start blowing over…

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Two men sentenced to 7 years for being found guilty of vandalising ESCOM assets
August 22, 2024
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| Business, Courts, Law Enforcement, National, News

* They were arrested last month on July 14 at Zalewa police checkpoint * As they attempted to transport stolen ESCOM copper cables they vandalised in Mwanza and Ntcheu Maravi Express In order to deter the continued vandalism of Electricity Supply Corporation of Malawi (ESCOM), two men from Balaka District, Patrick Malikebu (34) and Lonjezo Magaleta (27), have been sentenced to seven years imprisonment with hard labour Zalewa Magistrate Court for being found guilty of the malpractice. They were…

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Missing two in Nkhotakota plane crash found dead
August 21, 2024
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| National, News

* Zimbabwean pilot Fungay Jonathan and a Dutch national Frisco Westheim while the lone survivor identified as Charlotte Lemstra also Dutch * Minister of Tourism Vera Kantukule has applauded rescue team and service providers at Nkhotakota District Council for the swift operation By Wongani Mkandawire, MANA The two people that were reported missing after the plane they were travelling in crashed into Lake Malawi near Benga in Nkhotakota District on Tuesday afternoon, have been found dead. Nkhotakota District Commissioner,…

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Standard Bank to host its ‘Growth Conversations’ series at Bankers Association annual Indaba in Mangochi
August 21, 2024
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| Business, National, News

* Further supports the Indiana with K10 million towards successful hosting of the event from from tomorrow, August 22-24 * To be held under the theme; ‘Bridging the Gap: Inclusive Banking and Sustainable Development for All’ By Duncan Mlanjira In support of the Bankers Association of Malawi (BAM) annual conference be held in Mangochi, Standard Bank Plc has sponsored K10 million towards its successful hosting and at the same, the Malawi Stock Exchange-listed company will host its ‘Growth Conversations’…

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Malawi is one of the countries whose adoption of digital financial services is low
August 21, 2024
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| Business, National, News

* As Reserve Bank of Malawi (RBM) scales up national awareness campaign on benefits of digital financial services * RBM spent over MK23 billion last year to reprint damaged currency notes—Deputy Governor, McDonald Mafuta Mwale * These printers and suppliers are paid in US$ which means the country is losing a lot of forex just to replace damaged notes * If more Malawians adopt digital financial services, this figure will go down as there will be no demand to…

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Daniel Dominic Daka replaces John Bizwick as MRA commissioner general
August 21, 2024
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| Business, News

* His extensive background in legal affairs and tax administration will be invaluable in his new role * As Douglas Katchomoza appointed as new executive director-corporate services Maravi Express Daniel Dominic Daka, a seasoned tax legal practitioner with over 20 years of management experience, has been appointed as MRA commissioner general, replacing John Bizwick, whose contract has expired. A statement from MRA Corporate Affairs, headed by Steve Kapoloma, says the Board of Directors also appointed Douglas Katchomoza as new…

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