Business – Page 160 – Maravi Express – Your Kind of News. Clear and accurate.

Airtel Malawi launches e-Sim technology to improve customers mobility

April 7, 2023

Airtel’s MD Charles Kamoto (right) and MACRA DG Daud Suleman launching the e-Sim * To provide a platform to the customers to be able to use multiple numbers on one device making it environmental friendly * To reduce production of sim-card — turning the world more greener and improves the network connections By Victor Singano Jnr Airtel Malawi Plc says the introduction of the newly launched e-Sim technology will help to ease customers mobility which has been major challenge…

CDH Investment Bank supports first of its kind Malawi Exporter Awards

April 5, 2023

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The awards ceremony on day 1 * We firmly believe that our investment in exports would contribute towards improving foreign exchange * And also improve the standard of living for Malawians—CDHIB’s Capital City Banking Centre Manager, Mangaawuma By Duncan Mlanjira CDH Investment Bank (CDHIB) has supported Malawi Investment & Trade Centre (MITC) to successfully hold the inaugural Malawi Exporters Awards ceremony, which is underway at Bingu International Convention Centre till Thursday. The Malawi Exporters Awards is an initiative aimed…

TNM boosts public universities’ ICT infrastructure

April 3, 2023

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* We would like to underscore our commitment to contribute towards ICT development in the country * We are creating capacity for them to be able to test the deployment of enterprise architecture * Comprising of database servers, application servers and presentation layers, among other functions Maravi Express Malawi’s pioneer mobile network and ICT services provider, TNM Plc, has invested ICT servers to the country’s four major public universities and two technical colleges to improve their technology infrastructure and…

3.4MW power lost off the national grid from privately-owned Muloza Hydro Power Station due to Cyclone Freddy

April 3, 2023

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After and before * The development has increased the deficit in available power supply and thus necessitating the load-shedding * CEDAR Energy has been supplying to estates, businesses, and residential premises * To tea growing and manufacturing districts of Thyolo, Mulanje and Phalombe By Duncan Mlanjira The effects of a cyclone has once again incapacitated the energy sector as Freddy destroyed infrastructure for Muloza Hydro Power Station which was supplying 3.4 megawatts (MW) of power — catering for over…

Rare collection of William Shakespeare Folios on sale in London for US$10.5 million

April 1, 2023

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* The 17th-century works will be accompanied by a first collected edition of Shakespeare’s Poems * The esteemed works will head to the New York International Antiquarian Book Fair which runs from April 27 to 30 * We feel hugely privileged to be able to offer these landmark works for sale in the 400th anniversary year of the First Folio * We cannot recall the last time in living memory that a bookseller offered all four folios and the…

Fiscal police arrests MACRA staff over alleged abuse of procurement of digital production equipment for MUBAS worth K400m

March 30, 2023

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* The cost of procurement came under heavy criticism with some experts saying they were old fashioned and not worth K400 million * The ‘old fashioned’ cameras cannot even have its lenses changed—Film Association president Sukali Maravi Express Malawi Fiscal Police are reported to have arrested five officials, who are Malawi Communications Regulatory Authority (MACRA) members of staff — existing and those who left — over alleged abuse of procurement of digital content production equipment which MACRA donated to…

Finance Minister Gwengwe’s tax decision shocks banks; Accused of imposing selective tax on bank profit

March 29, 2023

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Gwengwe’s Budget under review in National Assembly * While we appreciate the need to raise funds for recovery and relief after Cyclone Freddy, Gwengwe’s decision appears selective and illegal * Why is he only targeting banks leaving out other sectors like telecoms, construction and agriculture that make similar levels of profit, if not more? By Duncan Mlanjira Representatives of banks and shareholders say they are shocked by Tuesday’s decision by Finance Minister, Sosten Gwengwe to impose a selective income…

Radio stations have the responsibility and the power to build peaceful communities—Information Minister Kunkuyu

March 29, 2023

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The Minister being interviewed live by YONECO Community Radio * Together we need to share ideas and make our radio stations relevant to aspirations of Malawians * And most importantly make our radio stations economically viable By Duncan Mlanjira At the commemoration of this year’s World Radio Day, whose theme was Radio & Peace, Minister of Information & Digitalisation, Moses Kunkuyu emphasized that radio stations, especially community ones, have the responsibility and the power to build peaceful communities and…

Airtel Malawi Plc revamps its popular voice bundle portfolio Chezani with 3 new bundles

March 29, 2023

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* With the world becoming more connected than ever, it’s essential for friends, family, and colleagues to always stay in touch * Regardless of the network that they are using—Kamkondo-Sande By Duncan Mlanjira Airtel customers can now comfortably call out to mobile numbers from other networks through the its popular voice bundle portfolio, Chezani — which has been revamped by adding three new bundles. A statement from Airtel Malawi Plc, one of the leading mobile network service providers, announces…

TNM’s push for financial inclusion impresses World Bank

March 29, 2023

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Riddell being appraised of the services offered Financial inclusion is part of the graduation story in social protection—Country Manager, Hugh Riddell * We at TNM have partnered Government of Malawi in digitizing the social cash transfer project by introducing e-payment—Sukasuka By Duncan Mlanjira The office of the World Bank in Malawi has commended TNM Plc for providing technology that is helping people in rural areas improve their livelihoods through financial inclusion. After a tour of beneficiaries of the social…