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Category: Business

SMEs and digital transactions key for FDH Bank growth
June 15, 2024
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* As pioneers of ATG in Malawi, the service came as an opportunity for the bank that champions growth * And took it as a great avenue for growth since it enables the bank better deliver on its mandate by providing critical services * To support and promote African trade and the implementation of the African Continental Free Trade Agreement (AfCFTA) By Tikondane Vega, MANA in Nassau, Bahamas At the just ended three days 31st African Export-Import Bank (AfreximBank)…

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AfreximBank delegates observe a minute of silence for late Malawi Veep Chilima
June 13, 2024
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* The gesture shown by the gathering shows respect and love to the country—Foreign Affairs Ministry PS Polepole * Several countries including South Africa extended their condolences to the Malawi government and its people during their speeches By Tikondane Vega, MANA in Nassau, Bahamas Global leaders who are meeting in Nassau, Bahamas for African Export-Import Bank (AfreximBank) annual meetings and Afri-Caribbean Trade & Investment Forum 2024, on Wednesday morning observed a minute’s silence at the start of their meeting…

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Air Cargo Malawi partners with MDF to enhance African cargo services and trade
June 13, 2024
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Done deal by Air Cargo’s CEO Thokozani Unyolo and the MDF Commander, General Paul Valentino Phiri * To transport specialised cargo consignments between Malawi to regional member states of the SADC, COMESA and East Africa * Providing seamless logistics for exporters and importers and contributing to the country’s economic growth By Duncan Mlanjira Air Cargo Malawi Limited and the Malawi Defence Force (MDF) have signed a memorandum of understanding (MoU) to charter aircraft for cargo transportation, enhancing company’s capabilities…

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‘Chilima was a performer, a workaholic and has been an achiever everywhere he has been’
June 11, 2024
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* First Malawian to head Airtel Malawi, the leading pan-African mobile telecommunications company in the southern Africa * Before that, he held senior sales marketing positions in the banking sector and the fast moving consumer goods sector * Namely the Leasing & Finance Company, Unilever Malawi, Coca-Cola and Carlsberg * He was first sworn in as Vice-President of the Republic of Malawi on 30th May, 2014 and for his second term on 28th June, 2020 By Duncan Mlanjira As…

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CAMA raises serious concerns over unreliable POS and ATM banking services
June 11, 2024
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* The banks are making supernormal profits every year buy they are unable to invest in latest and functioning ATMs * And provision of better internet facilities including better working call service centers * Worsened by staff members of the banks, who are generally born rude towards the many poor consumers By Duncan Mlanjira Consumers Association of Malawi (CAMA) has advised consumers not to solely rely on point of sale (POS) and automated teller machines (ATM) banking services to…

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Key milestones of Airtel Africa’s community sustainability goals include driving financial inclusion for unbanked rural populations
June 10, 2024
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* I’m very proud of the strides Airtel Africa has made in advancing our sustainability goals—Group CEO, Segun Ogunsanya * While targets are vital to driving change, our mission is much bigger — to transform people’s lives * Through connectivity, products and services fostering digital and financial inclusion while unlocking the potential of the next generation By Duncan Mlanjira Airtel Africa, the leading provider of telecommunications and mobile money services in 14 countries across Africa, has published its 2024…

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‘Review of Communications Act very important as communication landscape has changed with the introduction of various disruptive technologies’
June 8, 2024
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MACRA Director General, Daud Suleman * Also reviewed and passed was the Data Protection Bill, which was assented to by President Lazarus Chakwera on February 1, 2024 *  Marking a significant milestone in MACRA’s efforts to safeguard the fundamental rights and freedoms of individuals with respect to the processing of their personal data By Duncan Mlanjira Malawi Communications Regulatory Authority (MACRA) Director General, Daud Suleman emphasises that clauses of the Communications Act were passed in 2016, whose formulation process…

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Leader of Opposition George Chaponda demands prompt action to end “prolonged passport crisis”
June 8, 2024
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* We cannot sit and watch when students are losing scholarship opportunities * When patients seeking medical attention outside are failing to travel and others die * The government must not pretend not to have seen the problems when the entourage of the First Lady failed to travel due to the same crisis By Duncan Mlanjira Leader of the Opposition in Parliament, George Chaponda, of the Democratic Progressive Party (DPP) says he “is deeply concerned about the prolonged passport…

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President Chakwera boosts fight against vandalism of ESCOM infrastructure by assent to Electricity (Amendment) Act
June 6, 2024
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* Fines increased for illegal connections and meter tampering to K100 million * Whereas the maximum jail term for such offences is 10 years * The Act covers offences committed by the on ESCOM members of staff, former  employees and the public By Peter Kanjere, ESCOM PRO The legal battle against theft, tampering, and vandalism of the Electricity Supply Corporation of Malawi (ESCOM) Limited infrastructure has received a big push following President Lazarus Chakwera’s assenting to the Electricity (Amendment)…

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Concerns raised over careless of disposal of garbage at Karonga main market
June 6, 2024
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State of affairs at Karonga market * We have been approaching the Council authorities on this issue but our concerns have been falling on deaf ears * The smell is unbearable creating potential environment for break out of diseases such as cholera * The waste attracts flies which eventually land on fresh vegetables, fish and meat By George Mponda, MANA Piles of garbage at Karonga main market of which traders and customers are forced to bear its stench emanating…

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