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Category: Business

CFTC advises consumers to continue monitoring offenders previously found guilty in unfair trading practices
November 7, 2022
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Consumers asked to make sure prices on shelf match that at the till * To identify habitual offenders for stiffer punishments currently under review * The fine of K500,000 and 5 year jail term was enacted in 2013 when CFTA * It was established and was stiff enough then but some big corporate businesses can just opt to pay the meager fine * And continue carrying out unfair trading practices By Duncan Mlanjira Competition and Fair Trading Commission (CFTC)…

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CAMA questions where Chakwera drew his powers “to charge and convict” Vice-President Saulos Chilima
November 4, 2022
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Chakwera and Chilima at a charity golf tournament last month * The President removed Chilima claiming the investigations on corruption against him were concluded and compelling * The ACB disowned claims that Chilima was under investigations * The Bureau declared that the investigations were still ongoing and not conclusive enough to trigger any action then * What is his charge and why has it taken this long to convict the Vice-President? By Duncan Mlanjira Consumer Association of Malawi (CAMA)…

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NICO General launches ‘Umisili Life Insurance’ policy to address accidents associated with local construction industry
November 4, 2022
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* Umisili Insurance is a blessings — it is one of the best because it will people to make more profits * This product has come in time when  people were suffering to get loans from banks By Victor Singano Jnr, Correspondent Malawi’s leading insurance providers, NICO General has launched a new insurance policy named ‘Umisili Life Insurance’, which is a combined policy aimed at addressing risks and accidents associated with Malawian construction industry. The new product, which was…

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40-year-old man fills shopping trolley with K149,699-worth of groceries in First Capital Bank’s 60 seconds Trolley Dash promo
November 4, 2022
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Gate smiles all way to the till * It was organised in conjunction with Visa in the past 3 months * In which clients were encouraged use their Visa card for shopping By Victor Singano Jnr, Correspondent Limbe-based businessman, Raees Gatee managed to fill pick groceries worth K149,699 out of the offered K150,000 in First Capital Bank’s 60 seconds Trolley Dash promotion. The 40 year-old First Capital Bank Limbe Branch Customer joined other customers in the promotion organised in…

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TNM Plc shines at 2022 marketers’ awards; Voted People’s Brand of the Year
November 4, 2022
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* Two other accolades were Commercial of Year (radio) and Local Marketing Campaign of the Year * The awards confirm that TNM Plc is a strong Malawian brand * That is continually responding to the service needs of the society and the wider customer base By Duncan Mlanjira One of the country’s top mobile phone service providers, TNM Plc, scooped three awards during the 2022 Institute of Marketers Malawi (IMM) awards that earned it the grand award of People’s…

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Minister Kaliati encourages corporate companies to provide early childhood development facilities
November 3, 2022
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Kaliati viewing pavilions displayed early childhood development partners * Children shouldn’t be carried on their mothers’ backs all day as they do businesses in markets * Or be left under a tree shade whilst working on their agricultural fields * But should first be dropped off at convenient early childhood development facilities * If you want a successful nation, you need first to adequately invest in early childhood years By Duncan Mlanjira To promote early childhood development, whose advocacy…

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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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