Business – Page 162 – Maravi Express – Your Kind of News. Clear and accurate.

MERA assures public of availability of petrol

April 28, 2023

* The challenges have been resolved and loading is now in progress at both ports * Supply has already been restored in some service stations By Duncan Mlanjira Malawi Energy Regulatory Authority (MERA) takes cognizance that in the past few days some parts of the country have been experiencing sporadic supply of petrol, which was due to challenges that importers faced at the loading ports of Dar es Salaam in Tanzania and Beira in Mozambique. However, MERA assures the…

High Commission in SA to host Malawi Investment Forum to impress on potential international investors

April 28, 2023

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Malawi High Commissioner to South Africa, Her Excellency, Stella Ndau * From May 24-25 at The Emperors Palace, Kempton Park in Johannesburg * Under the theme ‘A Prosperous Malawi Through Strategic Investment Partnerships’ * First time of its kind for Malawi to host such a platform for potential investors in South Africa and beyond * Aimed at engaging with high ranking government officials from key Ministries, Departments & Agencies, state-owned enterprises as well as private sector partners By Duncan…

Innobuild clearing Area 38 dumpsite as CSR initiative

April 27, 2023

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Works in action * As a Malawian firm, we just want to help our fellow citizens to clear the place using our own resources * As it has now become a breeding ground for so many diseases, including cholera and malaria By Fazilla Tembo, Correspondent Innobuild Company has embarked on removing waste dumped along Six Miles, Area 38 to Area 23 road, popularly known as Mtaya in Lilongwe as part of its corporate social responsibility (CSR). The company’s Chief…

Malawi’s inflation outlook has worsened mainly due to unforeseen domestic shocks—RBM Governor

April 27, 2023

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* Policy rate was raised to 22.0% and the liquidity reserve requirement (LRR) ratio on domestic currency deposits to 5.75% * The LRR ratio on foreign currency deposits and the Lombard rate maintained at 3.75% and 20 basis points above the Policy rate, respectively By Duncan Mlanjira The Monetary Policy Committee of the Reserve Bank of Malawi (RBM) — which meets quarterly to review recent economic developments and decide on the monetary policy stance, has disclosed that the “inflation…

CEAR implores community members to take part in securing railway properties against vandalism

April 27, 2023

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* Let us avoid vandalising as well as encroaching railway lines to avoid future problems * We can take a proactive stance and try to prevent such problems. Such tendency degrades the country’s development By Mercy Nsaliwa, MANA Central East African Railways (CEAR) — in conjunction with Chileka Police — have launched an awareness campaign against encroachment and vandalism of railway lines around Chileka area with an aim of sensitising community members to take part in securing railway properties….

Malawi’s membership to Smart Africa Alliance beneficial—Chakwera

April 27, 2023

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* Going digital is the only way to attain most of the social and economic developments both locally and globally * Digitalization and development are like twins — they may not have born on the same day but they go together * We joined the Smart Africa Alliance to learn from those using digitalization to enforce good developments in their respective countries By Lydia Maganga, MANA at Victoria Falls, Zimbabwe President Lazarus Chakwera has stressed by joining the Smart…

Energy Minister Matola urges African nations at Maputo international conference to believe in themselves

April 26, 2023

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* It is time to encourage regional integration while also focusing on developing solutions from within * He made special acknowledgment of the achievement of Malawi’s EGENCO for bringing back Kapichira Hydro Power Station * Saying this demonstrates that many solutions can be found locally rather than relying solely on external expertise By Duncan Mlanjira Minister of Energy Ibrahim Matola has told the 9th edition of the Mozambique Mining & Energy Conference (MMEC) taking place in Maputo from Wednesday…

FCB launches digital product ‘Think First’ campaign during Sunday’s FCB Bullets street bash

April 26, 2023

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* Customers should first think First Capital Bank if they want to experience probably the best digital platforms * Think First Capital Bank when you want to send money instantly to other banks, pay bills or buy airtime * Because our First app, First internet and First mobile (*1111#) offer convinience and speed By Victor Singano Jnr & Duncan Mlanjira As part of celebrating the official sponsorship partnership with the country’s football powerhouse, Nyasa Big Bullets, First Capital Bank…

Sparc Systems invests K3m towards International ICT Day

April 25, 2023

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Ward presents the cheque * In the course of our business, we realised that there are few ladies in the technical field * As a tech company, we have taken an initiative to motivate girls to venture into ICT as a way of bridging the gap * Girls should be encouraged to take part in driving the digital economy * We have been running free training — dubbed ‘Girls in ICT’ — over the past years and this is…

Kuche Kuche clocks 21

April 23, 2023

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* We have redesigned the look and feel of the brand * We chose the black color to connect with the old memories around Kuche Kuche * Since historical photos are shared in black and white Maravi Express Castel Malawi Limited on Friday night officially launched the black edition of its Kuche Kuche beer as part of the celebration marking the brand’s 21st anniversary. At the celebrations in Lilongwe, Castel Malawi’s head of marketing, Frank Binauli said the company…