Business – Page 168 – Maravi Express – Your Kind of News. Clear and accurate.

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

March 3, 2023

* 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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* 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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* 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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* 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…

Illovo Sugar Malawi provides security fences for Nkhunga CDSS and Health Centre

February 27, 2023

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Jerry Ndlovu and Precious Chautsi commissioning the Nkhunga CDSS fence * Testimony of Illovo Sugar Malawi’s commitment to continuously play its role * In building and sustaining a thriving community in its operational areas * The company remains committed to ensuring the welfare our employees and all other stakeholders wherever possible * We understand the interdependence between our business, the environment, and society By Duncan Mlanjira Ensuring safety is Illovo Sugar Malawi’s priority — not only for its employees…

Standard Bank moves in to assist the girl-child at Mudi CDSS by donating mattresses for its hostel

February 24, 2023

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Nyondo presents the donation * Like many government schools, Mudi has a shortage of materials to carter for boarding students * We are extending our impact to ensure that learners have a good place to live as they pursue their education By Duncan Mlanjira Despite being a community day secondary school, Mudi CDSS in Lunzu was provided with a special girls’ hostel constructed by Blantyre City Council, through a community managed project that was funded by MASAF. In response…

MACRA set for 3rd national ICT survey to monitor its development progress and trends

February 24, 2023

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* Information collected during the survey will be used by policy makers and stakeholders * To point out existing gaps in communication sectors in the country and help to analyze areas we are performing well in ICT By Petro Mkandawire, MANA Malawi Communication Regulatory Authority (MACRA) says it’s geared to conduct its third national survey on access and use of ICT services by households and individuals, which will provide the progress and trends of ICT development in the country….

Illovo Sugar Malawi Board acclaims executive management’s fortitude despite many devastating challenges faced in 2022

February 23, 2023

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Lipunga addressing the shareholders during the AGM * Effects of Cyclones Ana and Gombe were enough to test the limits of one’s resolve * I was proud of their admirable physical and mental agility which made them cope well with the challenges as they developed * Several of the company’s Nchalo Estate infrastructure suffered severe damage due to the effects of Cyclone Ana * But the company rose above it in response by also assisting its sorrounding communities By…