Business – Page 176 – Maravi Express – Your Kind of News. Clear and accurate.

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

December 10, 2022

| 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

| No Comments

| 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

| No Comments

| 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

| No Comments

| 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

| No Comments

| 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

| No Comments

| 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…

Did Kayuni arrest Chizuma to block her from meeting Chakwera on corruption progress report? As Chakwera suspends him as DPP

December 6, 2022

| No Comments

| Business, Law Enforcement, National, News

Did Kayuni act alone? * Ministry of Justice announces unconditional withdraw of charges levelled against Chizuma * Although I welcome the reports that she has been released, I have every intention of seeing that an inquiry into her arrest is conducted * And any wrongdoers who have abused their office in this incident are held accountable By Duncan Mlanjira The arrest of Anti-Corruption Bureau (ACB) Director General, Martha Chizuma is raising many questions as President Lazarus Chakwera declares that…

All-African Council of Churches questions timing of Chizuma’s arrest

December 6, 2022

| No Comments

| Business, Law Enforcement, National, News

Ambassador for Economic Justice and Accountability, Rev. Baxton Maulidi * As public expresses disbelief that Chakwera wasn’t aware of her arrest * Is he really in charge? I thought he’s the Commander-in-Chief? * If the whole ACB Director can be arrested without the President’s knowledge, it means that president is not in charge of key affairs * Otherwise, he’s probably feigning ignorance. He was testing the waters and has seen the backlash and has decided to withdraw By Duncan…

Monopolistic business players urged not to misuse their market power

December 6, 2022

| No Comments

| Business, International, Law Enforcement, National, News

CFTC’s Itimu, IBAM’s Kawera, Maseko from CCC and National Bank’s Kayira during the panel discussion * 2022 World Competition Day commemorated under the theme: ‘Competition Policy and Misuse of Market Power’ * It should be emphasized that it is not prohibited for enterprises to have market power * However, it becomes the Commission’s concern when an enterprise uses that power to influence the market dynamics to the detriment of other competitors By Duncan Mlanjira Many business enterprises, including small…

Fiasco over Chizuma release; Justice Minister Mvalo tells Parliament she was released without charge

December 6, 2022

| No Comments

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

* I know what is happening. And I know why it is happening now—Chizuma * I have a very good idea of the timing. They should be fighting corruption. Not this By Duncan Mlanjira Minister of Justice Titus Mvalo told Parliament this morning that the Anti-Corruption Bureau Director General, Martha Chizuma, who was arrested around 04:00hrs of this morning, November 6, was later released unconditionally (without charge) but a court bail bond shows she has been charged. She has…