Business – Page 165 – Maravi Express – Your Kind of News. Clear and accurate.

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

April 1, 2023

| Business, Entertainment, International, News

* 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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| Business, Entertainment, Law Enforcement, National, News

* 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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| Business, National, News

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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| Business, International, National, News

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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| Business, News

* 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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| Business, National, News

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…

Incident at Shoprite questions whether Malawi service providers have staff trained in first aid

March 26, 2023

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| Business, Health, News

* After a customer collapses whilst on the till line * Cardiopulmonary resuscitation training for service providers staff can save lives in such situations * What the staff know is going straight to their work places — no daily risk assessments * They assume the way they left the place is still the same By Duncan Mlanjira An incident that took place at Chichiri Shopping Mall’s Shoprite in Blantyre has ignited a debate on whether Malawi’s service providers, such…

CAMA asks Government to prioritise power generation before investing in additional electricity connections

March 24, 2023

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| Business, National, News

* Only 12% of Malawians have access to electricity making it one of the lowest in SADC region * Out of the 12% connected, only 6% are able to get real consistent supply of electricity * While the rest can only access electricity for only a day or two in a week By Duncan Mlanjira Consumers Association of Malawi (CAMA) expresses its concern that resources are being channeled towards massive investment for new electricity connections when the current power…

Reunion Insurance invests K5m as response to ZBS’ Cyclone Freddy relief response initiative; ZBS Founder Kazako donates two cows to Machinjiri evacuation camps

March 23, 2023

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| Business, National, News

Hastings Kapesa hands over the cheque to ZBS Director Nsitira * We are in solidarity with the President that indeed let’s all unite in this period of tragedy * Reunion Insurance has partnered with various organisations of goodwill in development projects of this nature * As President Chakwera said through the Tigwirane Manja campaign, let us all work in solidarity—Kazako By Duncan Mlanjira Soon after flash floods due to Cyclone Freddy devastated the Southern Region that left thousands of…

Canadian telecoms engineer takes over as TNM CEO

March 21, 2023

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| Business, News

* The appointment is with effect from March 15 and that he brings with him a combined 25 years senior level experience * In telecommunications and technology garnered in Africa and the Middle East Maravi Express Malawi’s pioneer mobile network operator, TNM Plc has appointed experienced Canadian telecoms engineer Michel Hebert as new chief executive officer (CEO), the operator said in a statement. TNM Plc chairperson Ted Sauti-Phiri said in the statement that the appointment of Michel is with…