Business – Page 163 – Maravi Express – Your Kind of News. Clear and accurate.

Chakwera calls for a ‘Walk Together’ among least developed countries

March 4, 2023

| Business, International, National, News

Chakwera in Doha * None of the countries would like to remain as least developed but looking for ways to become a middle-income country * For a meaningful development in the LDCs, such countries must walk together to achieve progress and sustainable development * The Doha Plan of Action is not a mere wishful thinking but an action based By Leonard Masauli, MANA in Doha, Qatar At the least developed countries (LDC5) summit currently underway in Doha, Qatar, President…

ACB challenges civil society organisations in budget tracking

March 4, 2023

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| Business, Law Enforcement, News

ACB deputy Director General, Hilary Chilomba * As it enters into a MoU of budget tracking with Ntchisi Organisation for Youth and Development * To coordinate, conduct and effect implementation of programmes aimed at complementing the fight against corruption in Ntchisi By Andrew Magombo, MANA Deputy Director General of Anti-Corruption Bureau (ACB), Hilary Chilomba has urged the civil society organisations (SCOs) to hold relevant authorities in Councils accountable for public finance management and quality of development projects. He made…

Despicable sabotage on ESCOM power transmission line

March 4, 2023

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| Business, National, News

* One suspect has since been arrested in connection with the incident after forest guards found him cutting down one of the poles * The saboteurs cut down eight wooden poles, stole six spans of aluminum conductor and line accessories By Duncan Mlanjira The public expressed their shock on a Facebook picture post of a vandalised Electricity Supply Corporation of Malawi (ESCOM) overhead power transmission line in Dzalanyama Forest in Lilongwe on Friday. A statement from ESCOM says this…

50MW of power from Kapichira to be restored to national grid by end of March

March 3, 2023

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* Assures Finance Minister Gwengwe when he delivered the 2023/2024 National Budget policy statement in Parliament on Thursday * Initially, President Lazarus Chakwera had directed a deadline of December 2022 for full restoration but it was shifted to this March * Government is taking meaningful steps to improve the reliability, security, efficiency and utilization of electricity in the country By Duncan Mlanjira Restoration of Kapichira Hydro Power Station — which lost all of its 130 megawatts (MW) it contributes…

Reform on AIP to continue in 2023/2024 fiscal year following challenges faced in previous years—Finance Minister

March 3, 2023

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| Agriculture, Business, National, News

* The various reforms are to enhance targeting, efficiency and mitigate all risks on the fiscus * K12 billion has been allocated for maize purchases by the National Food Reserve Agency and ADMARC to replenish the strategic grain reserves By Duncan Mlanjira Finance & Economic Affairs, Sosten Gwengwe told Parliament on Thursday during his National Budget policy statement that government will continue to reform the Affordable Input Programme (AIP) in the 2023/2024 fiscal year. He said “Learning from the…

Standard Bank upgrades Nchalo service centre

March 2, 2023

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| Business, News

* Nchalo is the home estate of Malawi’s largest sugar grower and manufacturer, Illovo Sugar Malawi Plc * The surrounding Lower Shire Valley is also major source of beef in Malawi * As well as Big 5 tourism attractions at Majete and Lengwe Game Reserves By Duncan Mlanjira Standard Bank Plc has refurbished its Nchalo service centre in Chikwawa to give businesses, SMEs and individual customers of the Lower Shire the same ambience and comfort enjoyed in flagship Standard…

New CFTC Executive Director Nkhoma certifies that he has inherited a vibrant institution whose track record speaks for itself

March 2, 2023

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| Business, Law Enforcement, National, News

* My job now is to build on the strong foundation laid by those who led before me * This year alone, the Commission has received over 332 complaints on unfair trading practices * And recovered about K42 million, which has been refunded to consumers for different violations By Duncan Mlanjira In the four weeks since he filled the post of executive director for Competition & Fair Trade Commission (CFTC), Lloyds Vincent Nkhoma attests that he has inherited “a…

MultiChoice Malawi grows its customers technical support operations through Decoder Service Centres

March 2, 2023

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Distinct branding of the centres * Located in Directo Space; Area 47 Bwandilo in Lilongwe; Mild Electronics at 5 Miles in Zomba * With a Mzuzu branch coming soon while Blantyre has existing support at MultiChoice Malawi head office By Duncan Mlanjira Rolled out on Wednesday, March 1, MultiChoice Malawi has introduced Decoder Service Centre’s to provide GOtv and DStv customers with technical support through decoder diagnostics, repairs, swapping of decoders under warranty and the sale of hardware and accessories….

Finance Minister Gwengwe to present 2023/24 National Budget tomorrow

March 1, 2023

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| Business, National, News

* For further details, the public and all stakeholders are encouraged to contact Taurai Banda on 0995 856 000 * Meanwhile, President Lazarus Chakwera appeared before Parliament yesterday to questions from MPs Maravi Express & MANA Minister of Finance & Economic Affairs, Sosten Hwengwe is expected to present and lay before Parliament the 2023/2024 National Budget tomorrow, March 2 from 14:00hrs. A statement from Secretary to the Treasury, MacDonald Mwale said the presentation shall be aired live on radios…

Limbe Police’s CCTV security surveillance project to include drones; As FDH Bank invests 5 CCTV cameras and 3 monitor screens

February 28, 2023

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Chipumphula briefing Nkunika how the surveillance room works * The system also to be connected to National Registration Bureau to detect wanted suspects within Limbe * The station is in liaison with Blantyre City Council to repair nonfunctional street lights * And to install several more throughout the town for the benefit of the cameras and the public at night By Duncan Mlanjira The ambitious Limbe Police Station’s digital security surveillance project that is currently active shall be enhanced…