Chakwera engages Illovo Sugar Group in South Africa on value chain diversification

* Illovo is about 60 years old in Malawi but they have really done only the sugar value chain addition * Time is now ripe with the Shire Valley Transformation Programme, which focuses on gravity fed irrigation By Manasse Nyirenda, MANA in Johannesburg President Lazarus Chakwera has asked Illovo Sugar Group to diversify their value chain in Malawi to other crops for the benefit of Malawians and also the company. After an engagement the President has with Illovo Africa…

Read More

Posted in Business, National, News Comments Off on Chakwera engages Illovo Sugar Group in South Africa on value chain diversification
ESCOM warns of countrywide power disconnections including Government MDAs

The Capital Hill, seat of the Malawi Government  * Pay in full all outstanding balances and to check with the power utility if their current bills have not been received By Duncan Mlanjira Electricity Supply Corporation of Malawi (ESCOM) has announced countrywide power disconnections from Monday, August 28 on all overdue accounts — including Government Ministries, Departments and Agencies (MDAs), which are ESCOM’s biggest debtor and consumer. In a public notice, ESCOM is advising customers to pay in full…

Read More

Posted in Business, National, News Comments Off on ESCOM warns of countrywide power disconnections including Government MDAs
Electricity load shedding expected from Saturday till Monday

* Due to maintenance works by EGENCO at Tedzani Hydro Power Station during the said period * Available capacity from major hydropower plants will drop from 371.2MW to 263.2MW * This will result in unmet demand during the morning, midday and evening peak periods By Duncan Mlanjira Electricity Supply Corporation of Malawi (ESCOM) is alerting the public to expect power load shedding from Saturday, August 26 till Monday August 28. In a public notice, ESCOM says this is due…

Read More

Posted in Business, National, News Comments Off on Electricity load shedding expected from Saturday till Monday
Malawian business industry embracing first-ever digital service Tenderite to combat corruption in procurement

PSB Founder & Chairman, William Sichinga briefing the media * Developed by Products & Services Bureau (PSB) Limited — Malawi’s broker of goods and services * Its primary objectives is to deter occurrences of corrupt and fraudulent practices and rendering the society of equal opportunities for all By Duncan Mlanjira Since 2022, Tenderite, Malawi’s first-ever digital service that was developed to combat corruption in procurement, dubbed the Corruption Vaccine, has processed over 3,000 procurement services — indicating that the…

Read More

Posted in Business, National, News Comments Off on Malawian business industry embracing first-ever digital service Tenderite to combat corruption in procurement
Pictorial focus on President Chakwera’s trip to Angola for SADC Summit

President Lazarus Chakwera attended the SADC’s 43rd Ordinary Summit of Heads of State and Government on August 17, 2023 where he also held bilateral talks with Angola President, Joao Manuel Gonvalves Lourenco on Friday August 18, 2023. Among other activities, the summit elected Angola to become next chairperson of the SADC, succeeding the Democratic Republic of the Congo (DRC). The Summit also provided political direction and commitment on how the region should position itself in the face of diverse…

Read More

South African company commits US$20m towards establishment of a rice mega farm in Malawi

* Targets production of up to 100,000 tons of rice on 10,000 hectares of land * This will make Malawi the champion of rice production — not only in South Africa, but also the whole SADC region By Manasse Nyirenda, MANA in Johannesburg Natal East India, a South Africa company which deals in rice farming, milling and distribution, has committed about US$20 million towards establishment of a rice mega farm in Malawi. This was announced after the company and…

Read More

MultiChoice Malawi keeping fingers crossed on mediation results from Parliament, Ministry of Information and court case on August 25

* Says they are not seeking for preferential treatment in Malawi, but their goal is to operate in a fair corporate and private sector landscape that will benefit their customers By Duncan Mlanjira After their meeting called by Parliamentary Committee on on Media, Information & Communications last Wednesday, August 16, MultiChoice Malawi are keeping fingers crossed on mediation results — that include intervention from Minister of Information Moses Kunkuyu and a court hearing if the case on Friday, August…

Read More

Posted in Business, Courts, Law Enforcement, News Comments Off on MultiChoice Malawi keeping fingers crossed on mediation results from Parliament, Ministry of Information and court case on August 25
MANA photojournalist Lisa Kadango Malango wins SADC Media Award

* The award goes to my country and MANA as a whole * It is a great motivation and milestone to my life career * I would also like to thank National newspaper and Times for always featuring my work By Leonard Masauli, MANA The Nation Publication’s pictorial coverage of the official launch of Mwami One-Stop Border Post at Mchinji-Chipata — which was graced by the President Lazarus Chakwera and his Zambian counterpart, Hakainde Hichilema — has won Malawi…

Read More

Posted in Business, National, News Comments Off on MANA photojournalist Lisa Kadango Malango wins SADC Media Award
TNM Mpamba Limited supports Bankers Association with K3m towards successful hosting of this year’s lakeshore conference

* TNM Mpamba understands BAM’s objective of coordinating the efforts of the banking sector and share common vision of development in Malawi * We have keen interest in the activities that will take place at the conference this year hence we moved to add value to it By Duncan Mlanjira TNM Mpamba Limited, the wholly owned subsidiary of TNM Plc has commended the Bankers Association of Malawi (BAM) for contributing positively towards enhancing social economic status and development of…

Read More

Posted in Business, News Comments Off on TNM Mpamba Limited supports Bankers Association with K3m towards successful hosting of this year’s lakeshore conference
ICON Properties posts K16.7 billion profit after tax in 2022

Executive Director, Graham Chipande By Victor Singano Jnr ICON Properties Plc has announced a performance of profit after tax amounting to K16.7 billion for the period of 2022 and also declared of a final dividend of K1.67 billion. The company’s Executive Director, Graham Chipande announced the development during the company’s annual general meeting (AGM), held at Ryalls Hotel in Blantyre, which attracted all its shareholders. Chipande attributed the performance to the commitment as well as dedication shown by the…

Read More

Posted in Business, News Comments Off on ICON Properties posts K16.7 billion profit after tax in 2022