Business – Page 136 – Maravi Express – Your Kind of News. Clear and accurate.

REIAMA set to inspire innovative players and pacesetters in the energy industry through ‘Mphamvu Awards’

September 28, 2023

* Nominations begin and first awardees to be honoured at the Malawi 2023 National Energy Conference * To nominate, entrants require to send a request email to: khadija_mussa@yahoo.co.ukor send a WhatsApp message to: 0881 04 47 58 By Duncan Mlanjira Renewable Energy Industries Association of Malawi (REIAMA), the umbrella body for players in the renewable energy sector, announces newly introduced ‘Mphamvu Awards’ — its milestone innovation aimed at industry recognition for leading players and pacesetters in the energy industry…

FDH Bank introduces mini POS gadget targeting small business operators

September 28, 2023

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| Business, News

* Dubbed ‘Small Business Game Changer’, the devise is designed like a mobile phone * It also caters for ATMs for customers of any other branch at no extra fee and can be used for courier shopping, late night shopping, meeting travel costs and for filling up fuel By Duncan Mlanjira FDH Bank Plc, that is touted as a technological advanced and innovative financial service provider, has introduced a mini point of sale (PoS) named Kungoti Tswaa — that…

SRWB solves ctitical water challenges for MUST through high yielding borehole pumping

September 28, 2023

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| Business, Education, National, News

Deputy Minister Liana Kakhobwe Chapota being briefed of the project * A dam that was supplying a pumping and purification station was damaged due to the two tropical cyclones of Ana and Freddy * Its successfully supplying water to the 4,000-plus university campus as well as its sorrounding community of Goliati By Duncan Mlanjira Malawi University of Science & Technology (MUST) and its sorrounding community of Goliati in Thyolo had been facing critical water supply and sanitation challenges after…

MRA applauds Illovo Sugar Malawi as a tax compliant and responsible corporate citizen

September 27, 2023

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Illovo Sugar Malawi MD Lekani Katandula presenting the symbolic cheque to MRA Commissioner General, John Biziwick * MRA appreciates that Illovo Sugar is one of their largest and most esteemed taxpayers * In 2022 company paid K8.17 billion in domestic taxes and collected K14.67 billion from VAT, WHT, PAYE, NRT and DIV on behalf of Government * In 2022/23 fiscal year, Illovo paid K7.31 billion in domestic taxes and collected K25.07 billion on behalf of Government By Duncan Mlanjira…

Ecobank sponsors K10m towards Presidential Charity Golf initiative

September 27, 2023

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Executive Director, Weluzani Chingota (left) presenting the cheque to Ladies Golf Union president, Ulemu Luhanga * We are delighted to be part of this noble charitable initiative, which will make a positive difference in the lives of many Malawians * As a pan-African bank, we believe in giving back to the society and investing in the future of our country and continent at large By Duncan Mlanjira Ecobank Malawi, a leading pan-African bank, has announced its sponsorship of K10…

UN advises staff in Malawi to be on high alert following recent brutal murders and residential robberies

September 26, 2023

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| Business, Law Enforcement, National, News

A family tribute of late Agnes Katengeza * Asked to be aware of potential increases in the threat of opportunistic crime and residential robberies * And adopt a heightened personal security posture By Duncan Mlanjira While Minister of Homeland Security, Ken Zikhale Ng’oma maintains that the recent brutal killings in Lilongwe City is not a threat to national security as alluded to by the coalition of human rights organizations, the United Nations alerts it security management system (UNSMS) staff…

Malawi Minister Matola calls for more global financing in clean cooking

September 26, 2023

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Matola during his virtual participation * There is a global shortage or insufficient financing targeting clean cooking * Despite the fact that access to such modern cooking plays a significant part in ensuring universal access to clean and modern energy by 2030 By Duncan Mlanjira In his contribution during a virtual address to delegates at the 6th Global Energy Interconnection Conference — which is currently taking place in Beijing, China — Minister of Energy, Ibrahim Matola has advocated for…

Government moving with speed on electricity supply Lilongwe Area 50 residents

September 24, 2023

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* It is the intention of the President Chakwera-led administration to increase the number of people who should be supplied with electricity—Energy Minister Matola * It has been sad that my constituents have been unable to carry out various small scale businesses due to lack of electricity—MP Alfred Jiya By Duncan Mlanjira Minister of Energy, Ibrahim Matola has promised residents of Area 50 in the Capital City, Lilongwe that Government is moving with speed to supply them with the…

Quality of service on mobile networks to improve—MACRA

September 24, 2023

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* We are also working closely with Airtel and TNM and have given each other six months to rectify all issues affecting service delivery * As MACRA inaugurates it’s Mzuzu office, Zwangendaba House, presided over by His Majesty Inkosi ya Makhosi Mmbelwa V By George Mponda, MANA Malawi Communications & Regualatory Authority (MACRA) promises that quality of services provided by mobile networks will improve after six months. Director General, Daud Suleman made the pledge on Saturday in Mzuzu during…

Internal investigative audit exposes extravagant over-expenditure and other stupendous financial irregularities by Tobacco Commission

September 23, 2023

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* Budget for enforcement, liaison, monitoring, and evaluation was overspent by K22 million (357% negative variance) * International travel-market promotional had a 341% budget deficit, totaling K187,305,023 * A trip to China, costing K126,368,784.31, was not included in the budget for the fiscal year 2022–2023 and statutory corporation’s compcontroller did not duly approve the travel request By Duncan Mlanjira Tasked by the Board of Commissioners to conduct an internal investigative audit of the all-important Tobacco Commission, the results exposes…