Business – Page 139 – Maravi Express – Your Kind of News. Clear and accurate.

FDH Bank attests that ’Usampatse Timpatsa!’ promotion indeed inculcating culture of cashless society

September 12, 2023

Lorraine Chikhula (centre) briefing the media before the draw * Lucky customers are being rewarded with state-of-the-art PlayStation 5 (1), Iphone 14 Pro Max (2) while 12 are receiving K50,000 cash straight into their accounts * In this digital era, customers need not visit banking halls for their immediate business deals * Thus encouraged them to continue with transact digitally even after the promotion on October 31 By Duncan Mlanjira At the second monthly draw of the FDH Bank’s…

MultiChoice Africa maintains awaits Court case despite MACRA giving the go-ahead to resume DStv services

September 11, 2023

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* The judicial dispute between MultiChoice Malawi and MACRA is in court pending judgement—MultiChoice Africa * The decision is made without prejudice to the ongoing negotiations and/or litigation—MACRA By Duncan Mlanjira Conflicting notices are filtering through from MultiChoice Africa Holdings, which is indicating that the potential return of DStv in Malawi is now dependent on the outcome of the judicial dispute between MultiChoice Malawi and Malawi Communications Regulatory Authority (MACRA), which is in court pending judgement. The public notice…

ESCOM signs commercial agreement with Tanzania Telecommunications Company

September 10, 2023

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* The agreement will enable Malawi access high-speed optical fibre-based network * Thereby ensuring internet that is affordable, available, fast and reliable across the country By Peter Kanjere, ESCOM PRO Electricity Supply Corporation of Malawi (ESCOM) Limited has signed a commercial agreement with Tanzania Telecommunications Company Limited (TTCL) in complementing Malawi Government’s efforts of reducing the cost of data. This follows the signing of a Diplomatic Data Corridor Agreement and a government-to-government memorandum of understanding (MoU) between Malawi and…

Nkhata Bay water treatment plant upgraded from 1,450m3 a day to 20,000m3

September 8, 2023

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* The US$30.55 million commissioned by President Chakwera which will benefit 250,000 people * Upgrade works include increased transmission pipelines, distribution network storage tanks capacity by 8,050m3 By Duncan Mlanjira, Maravi Express & Chisomo Kambandanga, MANA The upgraded Nkhata Bay water treatment plant, which President Lazarus Chakwera commissioned on Thursday, is set to be treating water from 1,450m3 a day to 20,000m3 — increasing access to portable and sustainable water supply and improved sanitation services to over 105,000 people…

MACRA, MISA Malawi drill community broadcasters in ethical reporting

September 8, 2023

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MACRA Board director, Stella Chuti (right) with MISA Malawi vice-chairperson Chisomo Ngulube * There are knowledge gaps in issues of licensing, ethical reporting and resource mobilisation among community radio broadcasters * Community radios are not just broadcasters, they are the voice of the communities * And their role in fostering access to information and citizen empowerment cannot be overstated By Tabbu Kautye, MANA Community radios play a critical role in disseminating information to a larger audience in the rural…

First Capital Bank donates K3 million to Blantyre Police towards CCTV project

September 8, 2023

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* There has been an increase record in terms of theft and other crimes in the country and Blantyre has not been spared * So we believe that the direction taken by Blantyre Police will help a lot in curbing theft in the City By Victor Singano Jnr First Capital Bank (FCB) has joined the corporate companies’ response by investing K3 million towards Blantyre Police Station’s project to install CCTV cameras in the central business district (CBD) of the…

Ecobank’s newly-launched Single Market Trade Hub promoting intra-African trade

September 7, 2023

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* A cutting-edge digital platform, which serves as an exchange and information repository * Designed to respond to the evolving trading needs of SMEs and corporates within Africa’s single market By Duncan Mlanjira The Ecobank Single Market Trade Hub, which Ecobank Malawi recently unveiled, is indeed promoting intra-African trade as over 1,400 businesses from 35 African countries and over 60 Malawian businesses signed onto the digital platform so far. The Ecobank Single Market Trade Hub is a cutting-edge digital…

CAMA demands immediate reduction of sugar prices by 25%

September 7, 2023

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* The increase was meant to control the smuggling of sugar to neighboring countries * It had nothing to do with any increases in production costs but purely to control and reduce smuggling of sugar * An activity outside the mandate of Illovo Sugar Malawi since border control activities are managed by the State By Duncan Mlanjira Following the verdict by the Competition and Fair Trading Commission (CFTC), that determined that the reason for the sugar price increase by…

10 people win cash in first draw of NICO Pension’s ‘Retire Ready & Win’ promotion

September 7, 2023

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* It was introduced with the aim of bringing more awareness and benefits of digital way of doing business * And to underscore its importance in as far as accessing pension information remotely * Without having to physically visit NICO Pension offices By Victor Singano Jnr From the first draw of NICO Pension’s ‘Retire Ready & Win’ promotion 10 lucky customers have won various cash prizes who had been transacting on the service providers three new digital platforms of…

BWB setting up to manage sewage system through Malawi Water Sanitation Project

September 7, 2023

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Hanjahanja addressing the industrial customers * The first phase is water supply improvement with a target of pumping over 230 million liters of water * The second is waste water management in liaison with Blantyre City Council and Ministry of Water & Sanitation * The water supply improvement strategy is through upgrading of BWB aged infrastructure By Duncan Mlanjira With funding from the World Bank, Blantyre Water Board (BWB) will migrate into Blantyre water and sewage service provider in…