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Category: Business

MERA closes Mount Meru Nyambadwe service station for selling fuel in jerrycans
August 14, 2023
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* To be reopened after 30 days subject to satisfactory implementation of measures taken to avoid recurrence of the malpractice * Consumers urged to report the malpractices to the nearest Police Station * Or to call toll-feee Tip Offs Anonymous 847; call MERA on 0992 558 564/0989 061 870 or email: mera@mera.mw By Duncan Mlanjira Following complaints received from motorists on Sunday, August 13, that Mount Meru Nyambadwe service station in Blantyre was selling fuel to customers in jerrycans,…

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MultiChoice was trying to force MACRA to abdicate from its tariff regulation statutory consumer protection mandate
August 13, 2023
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* They want their tariffs to be imposed unchecked * The current matter was not as a result of MACRA rejecting MultiChoice tariff request made on June 3, 2022 * But its conduct to proceed to implement tariffs without approval from the Authority * In the previous years up to June 2022, the service provider has been submitting to all its tariff requests to seek approval Analysis by Duncan Mlanjira From the information we have gathered — on the…

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Parliamentary Legal Affairs Committee supports review of Competition and Fair Trading Act and its Regulations
August 13, 2023
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The Committee chairperson Albert Mbawala addressing his fellow legislators * Current Act enacted over two decades ago in 1998 has since been out of sync with trends in the economy * It is important to review laws that are up todate and let us not use archaic laws * It is important that these laws are reviewed as frequent as practical By Duncan Mlanjira Parliamentary Legal Affairs Committee adds credence that it is important that Malawian laws need to…

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MACRA asks MultiChoice Malawi to commence voluntary revocation of its license
August 12, 2023
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* Also demands MultiChoice to settle K19,372,447.20 within 30 days from August 10 that it owes the Authority in unpaid licence fees * To indicate the exact date when MultiChoice will cease its broadcasts into Malawi (shutdown date) * To put measures in place to ensure MultiChoice’s smooth exit, especially regarding how refunds to consumers would be affected By Duncan Mlanjira MultiChoice Africa’s withdrawal of DStv service has come with it huge repercussions for MultiChoice Malawi as Malawi Communications…

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SULOM, NICO Life engage football supporters on benefits of Sapota Funeral Cover
August 12, 2023
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* With only K150 per month, supporters will get covered with K100,000 if a policyholder dies with K500 earning K600,000 cover * Registration to the policy is done by phone using the USSD code *325# platform both for TNM and Airtel lines By Duncan Mlanjira Super League of Malawi (SULOM), in conjunction with NICO Life, on Friday courted club supporters’ representatives at Bingu National Stadium in Lilongwe to sensitive them on the benefits of NICO Life’s product named Sapota…

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The late Honourable Goodall Gondwe, a distinguished economic genius that glanced Motherland Malawi; the real aMalume
August 10, 2023
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* His passing on is sad for the nation of Malawi and the Economist world in general * His legacy in the economic field is the one that Malawi as a nation should be proud of and celebrated * A venerable ODE by Don Consultancy Group Chief Economist, Chifipa Mhango Honourable Goodall Gondwe, the ex-Minister of Finance of Malawi was a distinguished Economic genius that glanced mother land Malawi with his extensive knowledge and practical experience on economic matters. The…

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Parliamentary summons MACRA to explain circumstances that led MultiChoice Africa to withdraw DStv services
August 10, 2023
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* As South Africans joins Zambians in congratulatingMACRA for it solid resolve in applying regulatory laws * They are imploring on their government regulators to emulate MACRA and High Court’s stance * With Zambia alluding that what MultiChoice Africa Holdings has done is more like blackmail By Duncan Mlanjira Parliamentary Committee on Media, Information & Communications has summoned Malawi Communications Regulatory Authority (MACRA) to what it describes as a round table discussion to fully understand the circumstances that led…

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Zambians applaud Malawi for solid resolve against MultiChoice Africa; Describes DStv service withdrawal as blackmail
August 9, 2023
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MACRA Director General, Daud Suleman at the centre of it all * A company that doesn’t go into negotiations is not good to make business with * MultiChoice has finally met a match — maybe another player can reconsider coming to Africa and render some competition * Malawi looks small geographically, but they have stunned the world with some of the tough decisions the country has taken By Duncan Mlanjira Zambians are wishing their country’s authorities could emulate the…

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MultiChoice Africa announces withdrawal of DStv services following MACRA’s court injunction prohibiting tariff adjustment
August 8, 2023
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* Maintains that MultiChoice Malawi does not offer the DStv service to the public * And, therefore, cannot set or adjust tariffs for this service, a point repeatedly made to MACRA * The Court order handed down to MultiChoice Malawi is incapable of being implemented by them * But carries with it grave consequences for the directors and management of MultiChoice Malawi, including imprisonment By Duncan Mlanjira Following today, August 8’s High Court of Malawi’s order directing MultiChoice Malawi…

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CDH Investment Bank invests K1.5m towards Bankers Association of Malawi Lakeshore Conference
August 8, 2023
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* As part of appreciating the advocacy role that BAM plays in uniting and guiding commercial banks in the country * Theme is significant as they provides a forum for stakeholders to discuss and brainstorm action plans on how to improve our nation * On top of what is already being done, in terms of the country’s economic revitalization By Duncan Mlanjira CDH Investment Bank has assisted Bankers Association of Malawi (BAM) with K1.5 million towards the hosting of…

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