Business – Page 156 – Maravi Express – Your Kind of News. Clear and accurate.

Bankers Association and FDH Bank’s visit to Lunzu Secondary School exposes the school’s serious perimeter security challenges

June 9, 2023

* The boarding school does not have a perimeter fence * Thus evil and barbaric minds of their sorrounding communities take advantage to come and steal including students’ belongings By Duncan Mlanjira Bankers Association of Malawi partnered FDH Bank to visit to Lunzu Secondary School for a mentorship session on Thursday, June 8 and the shocking part was the students had to stand in the hall because their chairs keep been stolen since the school does not have a…

South African appointed new group CEO of inq.

June 9, 2023

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| Business, International, News

* inq. Group recently completed its acquisition of Syrex, a provider of hyper-converged Cloud technology solutions * Adding South Africa to its footprint across the African continent By Duncan Mlanjira Edge and ICT solutions provider, the inq. Group — which operates in nine African markets, including Malawi and previously known as Skyband Corporation in Malawi — has appointed South African seasoned industry leader, Glad Dibetso as new group chief executive officer. Dibetso, who succeeds Nick Reed, will become CEO…

Barbaric water infrastructure vandalism put Zomba City residents at huge risk of cholera resurgence

June 9, 2023

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| Business, Health, National, News

* Repair works completed last Friday and full water supply resumed from Sunday, June 4 * People were forced to draw water from some unprotected sources such as rivers and streams * The Water Board was losing almost K14 million of daily revenue throughout the entire period of 10 days By Duncan Mlanjira As of Sunday, June 4, Southern Region Water Board resumed its full water supply for Zomba City and sorrounding areas ate its dedicated Team of engineers…

CAMA threatens to drag Water Boards to court if proposed water tariffs gets gazetted; Urges government to intervene on Illovo Sugar’s high prices

June 7, 2023

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| Business, National, News

* It is very unrealistic for Water Boards to propose for water tariffs without proper reasons when the price of water is already high * Majority of the consumers rarely have the access to piped water — which is due to poor operation of the company * * Water Boards is making losses since they lost a big percent of water due to their poor underground pipes, broken pipes * The utility boards are failing to collect water bills…

FDH Bank supports K3m towards Blantyre Police’s CCTV system in the commercial city’s CBD

June 6, 2023

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| Business, Law Enforcement, News

Mkulichi and PR Manager Lorraine Chikhula (right) hand over the cheque to Officer-in-Charge Obrey Nyirenda and Superintendent Jackson Silungwe * FDH Group is a fully homegrown entity and truly believes in supporting Malawi at large and initiatives that grow the economy and advance the country * We recently supported Limbe Police Station with cameras and monitors to boost their security monitoring system By Duncan Mlanjira After being encouraged by Blantyre Police Station’s efforts to boost security and fight crime…

Malawi Investment Summit 2023 touches on importance of energy sector to further economic growth

June 5, 2023

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| Business, International, News

* Alongside a more diverse energy mix — including solar and hydro power — the Summit also discussed cost-reflective tariffs and improved bankability of contracts * That were highlighted as essential to reassure investors and improve energy security in the country By Duncan Mlanjira Malawi Investment Summit 2023 — that attracted high-level local and international delegates and key economic stakeholders that included presence of President Lazarus Chakwera — made several resolutions that are to address barriers and explore new…

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…

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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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…

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,…

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….