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Category: Business

BWB rationing water supply
November 2, 2022
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* BWB has been receiving complaints of intermittent water supply situation * Upon investigations on the root cause they established that water levels in most of their tanks were unable to reach the maximum levels despite continuous pumping * The rationing of water supply is for equal distribution that is available in the supply system whilst continuing with investigations By Duncan Mlanjira Blantyre Water Board (BWB) has issued a public statement that it will be rationing water supply while…

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RBM awards K4 billion-worth of ICT tenders to foreign-owned companies against Chakwera’s directive to offer 60% contracts to Malawian-owned firms
October 31, 2022
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* Technet is a Zambian-owned company while Mitra is owned by a Rwandan and Zimbabwean * Mitra was recently under spotlight when RBM dubiously awarded it a tender when they did not qualify * Private limited companies are offering business to Malawian-owned companies in support of Chakwera’s campaign * But it seems the Government agencies do not want to support the President By Duncan Mlanjira Reserve Bank of Malawi has awarded all of its information and communications technology (ICT)…

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Malawians are better judges and critics on the benefits of many of President Chakwera international and local travels—CAMA
October 30, 2022
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The Millenium Challenge Compact which was signed for by Minister of Finance Sosten Gwengwe * This follows Chakwera’s defence of the trip, saying he managed to secure investments for the economic development of Malawi * Malawians gave the President the mandate to choose among Malawians a team of Cabinet Ministers and Ambassadors * Through which he can choose those to represent the country on his behalf * The President can achieve equally the same results if he can utilize…

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Rumphi DC bemoans rampant theft of construction materials
October 30, 2022
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Construction at works at Shire Valley Transformation program in Chikwawa * Police alone cannot deal with these issues — all of us need to help the police deal with such crime * The police using public tips intercepted 70 bags of cement which were stolen from a construction site By Manasse Nyirenda, MANA Cases of theft of materials meant for construction of different public projects is on the rise in Rumphi, which District Commissioner (DC), Emmanuel Bulukutu says contributes…

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ACB arrests Ministry of Mines top officials for receiving bribes to grant license to Ilomba Granite Mining Company in Chitipa
October 29, 2022
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Chiwambo, Director of Energy in the Department of Energy * They demanded US$15,000 and received US$5,000 plus K500,000 cash to facilitate the process * The country’s mining industry is embroiled with many irregularities * Just in July, the Government demanded US$309.6 billion from Columbia Gem House of Vancouver, USA * As claim for unpaid tax revenue in respect of ruby and sapphire minerals * Extracted from Chimwadzulu Mine in Ntcheu District by the US company’s subsidiary, Nyala Mines Limited…

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Bogus fertilizer transaction scam is wake up call for Chakwera to scrutinize deep-rooted corruption in government agencies
October 27, 2022
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Rev. Baxton Maulidi, All-African Conference of Churches (AACC) Economic, Justice and Accountability Ambassador in Malawi * This could just be a reflection of deep-rooted corruption happening in a number of government agencies * Chakwera advised to conduct due diligence on the people he drafts into his Cabinet and hire only those with a good track record * There is need for Cabinet Ministers to utilise the technocrats in their ministries to ensure that laid down procedures are followed By…

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CAMA questions if Malawi government’s financial controls are efficient enough after failing to detect illegal transactions at Lowe-headed Agriculture Ministry
October 27, 2022
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Fired Agriculture Minister, Lobin Lowe * Chakwera simply confirmed what was always known by the public * Malawians expected the State President to have already triggered the legal process * To hold the various institutions and individuals that facilitated this illegal transaction to be held accountable By Duncan Mlanjira While thanking President Lazarus Chakwera for addressing the nation on matters related to abuse of public money on the procurement of fertilizers under the Agricultural Input Program (AIP), Consumer Association…

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Patrons for Potbelly Lodge Bar sponsors professional cyclist Prince Kabichi for 2022 Tour de Dwangwa charity race
October 27, 2022
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| Business, News, Sports

Kamzingeni Zulu (left) and Nanthuru hands over the sponsorship to Kabichi * Staff empowerment, staff motivation, community service and sports development — all relied into one * He will surely come back from this event a lot more motivated—Potbelly owner Nanthuru * You have also contributed towards Tour de Dwangwa’s charity drive as a community service * Tour de Dwangwa is a charity event organised by Dwangwa Round Table 69 By Duncan Mlanjira After realising that Prince Charles Kabichi…

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18-year-old girl wins K5m grand prize in 2022 Illovo Sugar Everyday Chef competition
October 27, 2022
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The grand prize winner, Esther Maziya * The Everyday Chef Campaign approach brings forth an important shift in terms of how the business interacts with its consumers * It is important that the business continues to find and promote new and innovative ways of interacting with our consumers By Duncan Mlanjira Esther Maziya, an 18-year-old Culinary Arts student at Mzuzu University, has won the grand prize of K5 million in the 2022 Illovo Sugar Everyday Chef competition. Maziya scored…

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CDH Investment Bank sponsors K1.5m towards Bankers Association of Malawi’s conference
October 26, 2022
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Chief Credit Officer, Sungani Mkandawire (left) hands over the sponsorship to BAM’s Chifundo Mwaniwa * Conference theme is: ‘Catching Tomorrow Today: Positioning for Unprecedented Digital Transformation’ * We believe our support towards the conference will really help participants to brainstorm * On how banks, individuals, businesses, and communities can prepare for their financial, business and economic future today By Victor Singano Jnr, Correspondent One of the leading banking institution, CDH Investment Bank has assisted Bankers Association of Malawi (BAM)…

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