Standard Bank Chief Executive Phillip Madinga welcomes the new government administration’s resolve for economic restoration

* We look forward to a strong private and public partnership in the next critical three months of the government’s transition process  * The stage should be prepared for a re-set of a new economic trajectory where Malawi’s resolve to return to stability through fiscal discipline and governance * Dialogue with bilateral and multilateral donors and creditors and improved trade relations, is unambiguous By Duncan Mlanjira Standard Bank Plc says it looks forward to partnering government and other key…

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Honeymoon of plundering public resources is over—declares Mutharika

* As he pledges unity, integrity after taking oath of office this morning as the 7th President of the Republic of Malawi * Government is about service, not privilege. Any individual found misusing public funds will be expelled from office immediately. I will not tolerate corruption or the abuse of resources meant for citizens * When found looting, we are done. I will not allow anyone to destroy this government under my watch. Never say I did not warn…

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President-elect Mutharika warns those found abusing transition period to be held accountable to the fullest extent of the law

* After receiving reports that some government officials are abusing the transition period to push through questionable contracts and payments * Also alludes to that the government officials are engaging in corrupt practices and carrying out irregular promotions, recruitments and transfers By Duncan Mlanjira Ahead of the swearing in as the 7th President of the Republic of Malawi, President-elect Arthur Peter Mutharika indicates that he has received reports that some government officials are abusing the transition period “to push…

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Malawi can reduce fuel costs by diversifying import sources through regional fuel pooling—economic analyst Thomas Ngoma

* This will allow negotiating bulk procurement contracts with favourable terms. Malawi must invest in expanding the capacity of strategic fuel reserves to buffer against global price shocks * Transport infrastructure enhancements, especially rail links to Mozambican ports, can cut logistics costs. We also need digitising procurement and distribution systems to curb inefficiencies and leakages By Duncan Mlanjira As observers contend that the decision by Malawi Energy Regulatory Authority (MERA) to increase fuel pump prices effective today, October 1,…

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Airtel Africa’s AI-powered spam alert service detects over 205 million spam SMSs in 6 months including Malawi

* In 13 of its markets — including Malawi where the service detected over 8 million spam SMS messages cumulatively * Kenya recorded the highest spam volume with 68 million messages flagged followed by Tanzania (47 million) and Zambia (33 million) * Overall, there has been a 12% reduction in spam messages since the launch of the Airtel Africa SPAM Alert service — with Nigeria recording the highest drop of 84% By Duncan Mlanjira More than 205 million spam…

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A postmortem analysis of Dr. Lazarus Chakwera’s Presidency in Malawi

* As odd as reverting to APM seems, Chakwera’s incompetence rendered it inevitable. It is hoped that he reflects deeply — perhaps retiring or undergoing profound transformation * He should prioritise tangible actions over rhetoric. Malawi requires leaders who truly deliver Maravi Express A concerned and a heartbroken Malawian has delved deep into outgoing President Lazarus McCarthy Chakwera’s administration, which he has shared on social media as follows: As an ordinary Malawian deeply disappointed by the outcomes of recent…

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CFTC orders Karson Investment Trust retain all local Shoprite employees who choose to remain employed as it authorises acquisition

* For employees opting to leave, Karson Investment Trust shall ensure their terminal benefits are honored in accordance with Malawi’s employment laws * Any post-merger restructuring must comply with Malawi’s employment laws and be conducted in consultation with the Commission. * Karson Investment Trust shall maintain Shoprite’s operational standards, including product diversity and shopping ambience By Duncan Mlanjira The Competition & Fair Trading Commission (CFTC) has authorised the proposed acquisition of business assets of Shoprite Trading Limited by Karson…

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Illovo Sugar Malawi continue to set a good corporate citizenship; honours K21.1 billion tax remittance to MRA

Illovo’s Managing Director Ronald Ngwira (right) hands over the tax remittance to MRA’s Commissioner General Daniel Daka * Honouring of the tax remittance fulfils one of Illovo’s obligations across the full spectrum of taxes * Solidifying the company’s reputation for financial stewardship and unwavering compliance through timely and accurate payments By Victor Singano Jnr  Illovo Sugar Malawi Plc has yet again demonstrated its commitment in contributing to the national development by continuing to be a trusted taxpayer after presenting…

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Airtel Africa Foundation unveils plan for improving 10 million lives in Africa by 2030

* We are not just donating resources, we are building a pipeline of talent and fostering innovation to ensure the global digital revolution leaves no African behind * This is a strategic, measurable commitment to unlocking the continent’s demographic dividend By Duncan Mlanjira Airtel Africa Foundation, the philanthropic arm of Airtel Africa plc, unveiled its plans to directly improve the lives of 10 million people across the continent by 2030 — a strategy that will be delivered through targeted…

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The concept of sampling in statistics; the failure to listen

Peter Mutharika and his running mate Jane Ansah * Months before the election date, when surveys were being done that pointed towards a Peter Mutharika victory, the Malawi Congress Party did not listen to the message and suppressed it at all cost * When you see the outcome and reality of the results, the MCP is still suppressing the results. The culture in MCP has always been about covering the truth and allowing for pathological lying to prevail By…

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