Business – Page 171 – Maravi Express – Your Kind of News. Clear and accurate.

Dream come true for school teacher Maganga to pursue Masters Degree after winning K5m in First Capital Bank promo

December 16, 2022

A journalists helps to draw winners for the month of November * I have always wanted to pursue further studies. I will most definitely use this reward to do my Masters Degree, for sure * The promotion was to inculcate a financial saving culture as well as using First Capital Bank’s digital platform * The winner Maganga encouraged people to trust in the Bank’s services, saying he has benefitted in many ways By Duncan Mlanjira Marion Bester Maganga, a…

CAMA urges consumers to cut down on unnecessary spending for this festive season

December 15, 2022

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| Business, National, News

* The Malawi economy is completely bankrupt and prospects for recovery are very minimal * Confidence is at its lowest triggered by high inflation, high interest rates and high prices of goods and services * Avoiding using borrowed money from unregistered money lenders (katapila) By Duncan Mlanjira Consumer Association of Malawi (CAMA) is advising the public that year’s festive season will be celebrated in one of the worst high cost of living in recent memory and thus urges them to…

184 solar sites now operational across Puma Energy’s network including Malawi

December 13, 2022

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| Business, International, News

Other African sites installed with this initiative are Botswana, Namibia, Tanzania, Zambia and Ghana * Puma Energy to extend its solar energy initiative in 2023 to offer solutions to industrial and commercial customers * The initiative is not only to reduce Puma Energy’s greenhouse gas emissions on the sites and depots it owns * But also to reduce the emissions of the local dealers who operate many of the retail sites in Puma Energy’s network By Duncan Mlanjira Puma…

NICO Life awards long serving employees

December 11, 2022

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| Business, News

CEO Eric Chapola presents the certificate to one of the long-serving employees * They have been with the company between the period of 10 -25 years * The awards are a thank you to the employees for being stable, sustainable and dedicated to their work * They deserved to be honoured — not only after they retire but also while they’re still working * In order to instill the spirit of working hard and show the love By Victor…

Chizuma ‘recovers with integrity’ just as theme of International Anti-Corruption Day

December 10, 2022

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| Business, Law Enforcement, National, News, Politics

Chizuma welcomes the President at the event in Kasungu * Her tone and body language in Kasungu just resonated well over her last week’s assault against her professionalism * Warns perpetrators of speedy trial as Parliament approved establishment of a special court for fiscal and corruption cases * For the first time the number of cases that have been investigated has increased by 27% By Duncan Mlanjira After being disgraced by being arrested by President Lazarus Chakwera’s own government,…

Castel Malawi declares itself a corrupt-free company through ‘Say It Loud’ campaign

December 10, 2022

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| Business, Law Enforcement, National, News

The event started with a street parade led by the Malawi Defence Force brass band * Joins the President and the rest of the nation’s stakeholders in taking a stand to raise public awareness on anti-corruption * By encouraging its employees and the public at large to work on innovative solutions that can help win the fight against the malpractice * Let us all hold hands together by not being corrupt ourselves by reporting all manner of corruption and…

Standard Bank Malawi launches convenient bank-to-bank transfers through Instant Interbank Transfers

December 9, 2022

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| Business, News

* The transactions are no longer limited to normal banking hours * Previously, both express and normal inter-bank transfers were time-constrained * And would not be cleared after hours, on weekends and public holidays By Duncan Mlanjira Standard Bank Malawi Plc clients are now able to send and receive money from other banks in real time, any day of the week — including public holidays through the newly-launched Instant Interbank Transfers. Through 247 Mobile, the convenience means the transactions…

CAMA implores on MPs to review MAREP Act to ensure it operates as a well regulated independent entity

December 8, 2022

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| Business, National, News

* Despite the huge sums of money being collected there has been very little to show for as the program is shrouded with high levels of corruption * The huge sums of money collected under this MAREP Program have been abused * Through the award of dubious contracts to non-performing contractors and poor quality of workmanship By Duncan Mlanjira Consumer Association of Malawi (CAMA) says it has for a long time expressed its concerns regarding the abuse of funds…

DPP calls on Chakweras administration to resign with immediate effect to pave way for an interim government

December 8, 2022

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| Business, Courts, Law Enforcement, National, News, Politics

* Interim government to conduct fresh elections in 90 days because government has completely lost the trust of Malawians to govern * As MCP MP Peter Dimba declares Boma ndilodabwa kuti boma lamanga mayi Chizuma’ (government is surprised over the arrest) * It sounds simple and hilarious but it is complex and saddening — the statement means there is another ‘boma’ that has hijacked our Boma and is running the show By Duncan Mlanjira The Democratic Progressive Party (DPP)…

3 more people to win K2 million each in ‘Kuiphula ndi Shake-Shake’ promotion

December 7, 2022

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| Business, Entertainment, News

* Great prizes have been won such as fertilizers, bicycles, cash and T-shirts * Promotion is part of appreciating the support shown by customers in the 55 years of the company’s existence * We expect to receive more entries within the remaining period because the response has been overwhelming By Victor Singano Jnr, Correspondent With just two weeks to go before the grand draw of the ‘Kuiphula ndi Shake-Shake’ promotion, two more lucky customers stand a chance to walk…