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Category: Business

Malawi’s small-scale sugarcane grower cooperative wins global sustainability award
June 5, 2023
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| Agriculture, Business, International, News

* This award recognises the cooperative’s leadership in sustainability, operating within a community stressed by climate change, deforestation and poverty—Illovo Sugar Malawi Plc MD, Lekani Katandula By Duncan Mlanjira Sustainable Agriculture Initiative (SAI) Platform has bestowed Malawi’s Phata Sugarcane Outgrowers Cooperative with its inaugural ‘Growing a Better Planet Award’ — under the farm sustainability assessment (FSA). A statement from Illovo Sugar Malawi Plc says the SAI Platform is a global non-profit network and one of the primary global food…

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Association of Power Utilities of Africa hopeful to address solutions on challenges faced by Africa’s energy sector
June 4, 2023
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| Business, International, National, News

APUA Director General, Abel Tella * The meetings’ special focus will be the strategic leadership and the governance of the power sector * Power utilities are major player that should take the lead as their managers will have an open exchange with the association’s main sponsor, the African Development Bank By Fazilla Tembo Association of Power Utilities of Africa (APUA) Director General, Abel Tella has expressed hope that power challenges faced by African utility bodies can be addressed by…

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Mnangagwa impressed with Malawi’s tea and macadamia production
June 3, 2023
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| Business, International, National, News

The two leaders during a press briefing at Sanjika Palace before Mnangagwa‘s departure * Malawi tea is consumed in our country and I am happy that you put in so much care and pay attention to detail to give us a high quality tea * Even macadamia nuts from Malawi are highly talked of in Zimbabwe * There are mutual opportunities that exists between the two countries in areas such as trade, agriculture, education and tourism By Brenda Nkosi,…

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TNM Mpamba splashes K22m in Kashi Kashi promotion
June 3, 2023
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| Business, Entertainment, News

* To enter the promotion, customers need to make a transaction of at least K500 * Agents participate after servicing customer with a transaction of K5,000 or more * Until June 6 where 28 customers will win cash prize of K1 million each with 28 agents winning K500,000 each Maravi Express TNM Mpamba Ltd, wholly owned subsidiary of TNM Plc distributed K8.4 million cash prizes to customers and K14 million to agents in the ongoing Mpamba Kashi Kashi promotion….

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Illovo Sugar Malawi Plc geared to create more opportunities for its consumers
June 3, 2023
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| Business, National, News

Illovo’s investiment towards MUST’s IT services * Illovo has spent over K2.5 billion in the last two and a half years in CSR and CVS * CSR is about sharing value created by the business while CSV is creating value through business done jointly with stakeholders By Twimepoki Mangani, MANA Malawi Stock Exchange-listed company, Illovo Sugar Malawi Plc says it is and will continue embracing corporate social responsibility (CSR) and corporate shared vision (CSV) to fulfill their mandate of…

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Standard Bank invests K4.5m worth of equipment to Beit Cure to boost children’s surgeries
June 3, 2023
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| Business, Health, News

Chege (right) presenting to Beit Cure’s Chemey * Today marks a continuation of our contributions to the health care sector where we have a track record of building hospitals * And providing financial support for Cholera and CoVID-19, food and medicines, among others By Duncan Mlanjira Malawi Stock Exchange-listed Standard Bank Plc has donated mobility devices worth K4.5 million to Beit Cure International Hospital in Blantyre to help in rehabilitation of children undergoing surgeries from natural and post-life physical…

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NICO Group joins huge support from corporates towards EGENCO’s hosting of Power Utilities meetings with K12m investment
June 3, 2023
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| Business, National, News

NICO Group and EGENCO officials captured during the symbolic cheque presentation * Our manufacturing, mining, and agriculture industries need energy to operate successfully * NICO Group is a key contributor to national development and an advocate for economic growth * This sponsorship is a further indication of the Group’s commitment towards that drive By Victor Singano Jnr In appreciation of the role that Electricity Generation Company (EGENCO) plays in driving the country’s economy through the energy as an enabler…

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Malawi and Zimbabwe leadership emphasises on need to have a common economic voice
June 2, 2023
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* I can challenge you all that we are both determined to forge ahead with our cooperation even in challenging times * Such as sanctions that were imposed on Zimbabwe whose lifting we have openly and relentlessly called for at various fora By Patricia Kapulula, MANA Malawi and Zimbabwe Presidents, Lazarus Chakwera and Emmerson Mnangagwa, have emphasised on the need for the two countries to have a common economic voice in order to achieve their shared vision and common…

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Airlink to launch flights to Malawi from Johannesburg in September
June 2, 2023
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| Business, International, News, Tourism

* The Warm Heart of Africa becomes the 16th country to be included in Airlink’s comprehensive route network * Airlink will fly comfortable and efficient 37-seat Embraer Regional Jets on both new routes, which will operate three times a week By Duncan Mlanjira Airlink, southern Africa’s premier privately-owned regional airline, will start operating flights between Johannesburg, South Africa to Malawi landing both in Lilongwe and Blantyre from September 23, 2023. In a statement, headlined Muli bwanji Malawi! (how are you, Malawians),…

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TNM expects profit turnaround in 2023–Chief Finance Officer
June 2, 2023
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| Business, News

Chief Financial Officer, Peter Kadzitche * There are also many positive indicators in key business segments, especially mobile money, voice , and data * Some of the positives include a return to 2017 profitability levels for most segments of the business Maravi Express TNM Plc, Malawi’s pioneering mobile telecoms operator, expects to turn around its fortunes after recording strong performance in the first and second quarter of 2023, its Chief Financial Officer, Peter Kadzitche has projected. While acknowledging 2022…

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