Category: Business

Vice-President Saulos Chilima, Minister of Public Sector Reforms * To review systems of allowances, procurement and employment contracts * The rot that is in government goes deeper than the abuse of COVID-19 funds—Chakwera By Duncan Mlanjira Vice-President Saulos Chilima has announced the names of the special taskforce to comprehensively review the three Governmen systems of allowances, procurement and employment contracts as directed by President Lazarus Chakwera last Sunday. The special taskforce, to submit its recommendations to the President within 90…

Read More

Jacqueline Koreia-Phakamea By Duncan Mlanjira One of the country’s business magnate, Jimmy Koreia Mpatsa has been forced to issue a public notice warning institutions and the general public from trusting his daughter, Jacqueline Koreia-Phakamea to offer her loans on surety that it would be settled by the father himself or the family Mpatsa Trust. In the notice posted on social media Facebook, Koreia-Mpatsa said it was brought to his attention that Jacqueline “has been/is soliciting loans from the general…

Read More

* First task of newly appointed director of Civil Aviation James Chakwera * Grade M and L be abolished and create Grade K as their entry point * One has to wait until some fighters die, retire or resign to create new space for promotions * Demand is from many years back but government has only been making unfulfilled promises By Duncan Mlanjira Fire fighting services assistance (Grade M) from all airports in the country, have petitioned the office…

Read More

* Blantyre-Zomba arrears claimed by contractor indicate as not paid but payment vouchers show was paid * Audit team conducted physical verification of projects to ascertain their existence * And also whether value for money was achieved on these projects * The verification exercise confirmed existence of some projects but some were in a dilapidated state By Duncan Mlanjira A report that National Audit Office conducted to verify authenticity of road projects payment arrears by Mota Engil as accumulated…

Read More

A road construction  * 20.7 million euro and US$1.2 million claimed on interest and donor funded projects * Out of MK52 billion claimed by Mota Engil, Roads Fund accepted MK24.3 billion as valid as at 30 November 2020 * MK27.5 billion was disputed by Roads Fund, representing 52% By Duncan Mlanjira From the verification exercise that National Audit Office conducted to verify road projects arrears totalling MK77.2 billion accumulated by Government of Malawi, it was discovered that Mota Engil…

Read More