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Category: Business

MDAs defying President Chakwera’s directive to disclose project information on IPPI portal
April 22, 2023
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| Business, Law Enforcement, National, News

* The portal was established to provide an easy platform for MDAs to upload project information for infrastructure contracts * But not many MDAs have uploaded so far. On counting, we are estimating that only one third has done so * This is a problem because we are denying citizens and stakeholders their right to information By Yamikani Yapuwa, MANA Board Chairperson of Construction Sector Transparency (CoST) Malawi Programme, Joe Ching’ani has disclosed that only one third of ministries,…

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Liwonde scrap metal dealers anti-vandalism campaign to encourage people to register their businesses to deter vandalism
April 22, 2023
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Most affected government institution on vandalism is ESCOM * Vandalism of government infrastructure, like bridges and road signs, derails the country’s development efforts * It has been rampant in the country as many scrap metal dealers venture into the business without being registered By Martin Chiwanda & Hopecein Makhaza, MANA Second Hand and Scrap Metal Dealers Association of Malawi — having observed that unregistered dealers are contributing towards increasing vandalism of government property — has partnered with the Malawi…

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Khondowe was visionary—Chilima in honouring first Malawian to construct the tallest building in Lilongwe, Kang’ombe House
April 22, 2023
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Kang’ombe House in Lilongwe’s City Centre * He led a humble and selfless life, who abided by the law in conducting his business, without cutting corners * Khondowe was a father dedicated to his family, a man dedicated to his community, and a citizen dedicated to his country * Malawians should emulate the departed senior citizen’s attributes of hard-work, patriotism, and foresightedness By Kondwani Magombo, MANA The remains of renowned businessman, Mathews Eliazere Khondowe, were interred on Friday at…

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CDHIB invests K1m towards national TEVET conference
April 20, 2023
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| Business, Education, National, News

Jennie Madinga presents the cheque to Elwin Sichiola * We are excited to participate in the first-ever TEVET conference that will promote technical and entrepreneural activities * We trust that our support will result into further development of the economy By Fazilla Tembo, Correspondent In appreciating the need to empower the youth to support their training and education in vocational skills that will spur economic activity, CDH Investment Bank (CDHIB) has invested K1 million towards the national TEVET conference…

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First Capital Bank introduces loan scheme for civil servants with a K1m promotion for lucky winners
April 16, 2023
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| Business, News

Apply for a Civil Servant loan or top up and stand a chance to win MK1 million. For more info visit your nearest branch or call 0891001111 * Customers also willing to consolidate and top their loans also stand a chance to win some amazing prizes in the promotion  * The Civil Servant loan is fast, flexible, and affordable and does not require any form of collateral or security  * As long as one is permanently employed by the…

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ESCOM resolves misunderstanding with Soche Quarry communities
April 15, 2023
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ESCOM vehicle whose tyres were deflated * After members of the community attacked ESCOM technicians who were replacing 33kV transformers with 11kV transformers * To ease challenges the company faces when they lose 33kV transformers due to faults By Peter Kanjere, ESCOM PRO Electricity Supply Corporation of Malawi (ESCOM) has resolved a misunderstanding that arose between the power utility company’s technicians and members of the community at Soche Quarry and Manje areas in Blantyre on April 7. The members…

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196 customers rewarded in TNM Mpamba Kashi Kashi promotion from first draw
April 13, 2023
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* 28 customers won K100,000 each; 56 each went away with K50,000 while 112 received K25,000 each * All customers who accumulated entries before the first draw qualify to enter into the grand draw * Next draw has been scheduled to take place for Friday, April 14 through which the first agent winners will be identified By Duncan Mlanjira A total of 8.4 million was awarded to 196 customers following the first of the bi-weekly draws of the TNM…

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Irish Minister applauds TNM Mpamba for enhancing digital economy for the unbanked rural people
April 13, 2023
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Fleming being appreciated how Mpamba e-wallet is implemented * I am impressed to see cash being disbursed using mobile phones * In other countries we visit, beneficiaries get their funds through hard cash Maravi Express Ireland Minister of state for international development & diaspora, Sean Fleming has commended his government’s partnership with TNM Mpamba Ltd for helping improve livelihoods through social cash transfers. He singled out that TNM Mpamba Ltd, a wholly owned subsidiary of TNM Plc, provides the…

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Business-in-Detail Magazine symposium to tackle Buy Malawi strategy
April 12, 2023
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| Business, National, News

* A platform that explores investment opportunities in Malawi; business ideas; how to succeed * As well as uniting entrepreneurs, corporate companies and business moguls in one place * Speakers are Minister of Trade & Industry, Simplex Chithyola Banda; former Cabinet Minister, Atupele Muluzi and business motivational speaker, Benedicto Bena Nkhoma By Duncan Mlanjira Amongst topics to be discussed on challenges being faced in the country’s business sector and providing its solutions, Business-in-Detail Magazine’s symposium on April 27 is…

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NICO Life introduces ‘Zonse Savings Plan’ to provide holder with life cover
April 11, 2023
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| Business, News

NICO Life CEO Eric Chapola * This product has been designed to make it easier for our customers to plan out their lives and those of their loved ones  * Hence the name Zonse, to encapsulate the fact the policy provides multiple benefits in one By Victor Singano Jnr In an effort aimed at creating easiest way for customers to plan out their lives and those of their loved ones, NICO Life has introduced a new product named ‘Zonse…

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