Business – Page 146 – Maravi Express – Your Kind of News. Clear and accurate.

TNM unveils Agulu bundle for the young and free

August 28, 2023

* The youth will explore numerous potentials in the process contributing to the overall development of the country * Agulu is an exciting package designed for the youth to do more using the mobile technology By Duncan Mlanjira Malawi’s pioneer mobile network and ICT services provider, TNM Plc has launched the first-of-its-kind youth development bundles dubbed ‘Agulu’ to enhance young people’s capabilities and productivity through mobile phones. Agulu, which will be available for use from Wednesday, August 30, is…

Kalipano country resort is crown jewel of Napoleon Dzombe’s illustrious career as an investor—Chakwera on official opening of Kalipano Hotel by Sunbird

August 28, 2023

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| Business, National, News, Tourism

* We gather here to celebrate the development of Malawi by a distinguished Malawian * This majestic hotel is not a franchise imported from abroad — it is the actualization of a colourful dream by one of our own By Duncan Mlanjira At the official opening of the magnificent Kalipano Hotel by Sunbird — a country resort in Dowa District, President Lazarus Chakwera lavished praise on its founder, Dr. Napoleon Dzombe, saying “the feat he has accomplished as a…

MACRA willing to resolve peacefully outside court the impasse with MultiChoice Malawi

August 27, 2023

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| Business, Courts, Law Enforcement, National, News

* MACRA maintains that it shall respect the decision of the Court on the matter, as it abides by the law * It was MultiChoice Malawi itself that dragged the regulator to the High Court of Malawi * Challenging its determination that the company had breached its statutory and licence obligations by raising DStv tariffs without prior approval from MACRA By Duncan Mlanjira As an institution that upholds the rule of law, Malawi Communications Regulatory Authority (MACRA) is awaiting…

Zambia joins Malawi in Data Must Fall campaign

August 26, 2023

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| Business, International, National, News

ESCOM CEO Kamkwamba Kumwenda (left) and Zambia’s Minister Mutati sealing the agreement * The cost of internet, which is drawing the countries back. Africa must together say data prices must fall * Thanks to the wisdom of Malawi—Zambia Minister of Technology and Science, Felix Mutati By Patricia Kapulula, MANA & Duncan Mlanjira, Maravi Express Zambia Minister of Technology and Science, Felix Mutati has appealed to countries in Africa to embrace Malawi’s ‘Data Must Fall’ mantra for smooth data flow…

First Capital Bank entices civil servants to apply for K1m loan to chance of winning school fees for their children

August 26, 2023

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| Business, Education, News

* With a grand prize of K2 million as well as K250,000 monthly prizes over the next few months * Other amazing prizes of the ‘Back-to-School’ promotion include branded school bags and farming equipment By Duncan Mlanjira Civil servants who can apply for a minimum of K1 million and above from First Capital Bank stand a chance to win school fees for their children or dependents, with a grand prize of K2 million as well as K250,000 monthly prizes…

TNM Mpamba launches overdraft facility dubbed Mpamba Ndikankhe

August 25, 2023

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| Business, News

Sukasuka briefing the media * Dubbed TNM Mpamba Kankhe, the facility offers a financial envelope allowing customers withdraw cash or transact with equivalent value using their TNM Mpamba wallets * It’s difficult to obtain loans when one needs most from conventional banks, but TNM Mpamba has eased that burden By Duncan Mlanjira It never gets better in as far as mobile money service is concerned; TNM Mpamba Ltd, a wholly owned subsidiary of TNM Plc, has become the first…

Castel Malawi injects K25m into Lucius Banda’s Impakt Events’ Sand Music Festival

August 25, 2023

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| Business, Entertainment, News, Tourism

* Our coming in this year symbolises the growth of our relationship that has been registering remarkable strides over the years * Sand Music Festival presents several growth opportunities to several sectors * As such Castel believes that the event provides effective platform for engagement By Duncan Mlanjira In what can best be described as blossoming of a cordial relationship, Castel Malawi Limited has pumped K25 million into this year’s Sand Music Festival — from September 28 to October…

Kunkuyu circumvents the Law by ordering MACRA to vacate the injunction that was obtained against MultiChoice Malawi to effect price adjustments

August 24, 2023

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| Business, Courts, Law Enforcement, News

* According to the Communications Act, MACRA may, where necessary, seek the general guidance direction of the Minister as to the manner in which it is to carry out its duties under this Act * The directions given by the Minister under subsection (1) shall be in writing and shall be published in the Gazette * Except as provided for under this Act or any other law, the Authority shall be independent in the performance it is functions By…

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

August 24, 2023

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| Business, National, News

* 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…

ESCOM warns of countrywide power disconnections including Government MDAs

August 24, 2023

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| Business, National, News

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…