Business – Page 183 – Maravi Express – Your Kind of News. Clear and accurate.

Over 200 to physically attend RBM’s Monetary Policy Conference; 220 registered for online participation

September 28, 2022

Bingu International Convention Centre, venue of the conference * Registration details for virtual attendance via zoom is through the link: https://rbm-mw.zoom.us/meeting/register/tZwrceurrz4rEtA8N-lH3vpzVetp-e7uiFQ2 * This year’s conference provides the right forum to brainstorm issues with all relevant sectors of the economy * To enhance monetary policy in the current environment — Reserve Bank of Malawi By Duncan Mlanjira The 6th annual Reserve Bank of Malawi (RBM) Monetary Policy Conference, scheduled for Thursday and Friday (September 29-30), has over 200 invited to…

Recapo Solar Systems company ropes in squash star Sekai Mponda as brand ambassador

September 25, 2022

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* Sekai — a multi-talented athlete who is also enjoying a good Southern Zone Basketball season playing for Kukoma Eagles * Sekai has a huge following, especially due to the fact that we have very few squash players in the country * Which makes her an unique brand who is best fit for our high-quality unique products and services we offer at Recapo Solar Systems By Duncan Mlanjira Recapo Solar Systems has engaged squash star player Sekai Mponda as…

High Court rules throws out lawsuit against Airtel Malawi Plc by its own minority shareholders

September 22, 2022

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* The two shareholders also demanding that Airtel should be delisted from the Malawi Stock Exchange * But Justice Msungama faulted that the two irregularly presented their case when they asked the court to re-amend their statement of case * Also asked re-amendment of list of documents, add other defendants and also to regularise the proceedings By Duncan Mlanjira The Commercial Division of the High Court has dismissed a lawsuit filed by two minority shareholders of Airtel Malawi Plc,…

Renowned African motivational speaker Pepe Minambo to grace 2022 IPMM conference; As FDH Bank Plc injects K2m sponsorship

September 22, 2022

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FDH Bank’s Head of HR Chrispin Chikwama (right) hands over the sponsorship to IPMM’s president, Godwin Ng’oma * Several other Malawian high profile executives as speakers with Pepe Minambo expected to spice it up * The annual conferences gather all human resource managers across the country to interact and share ideas * And to motivate each other on how they can uphold high standards in as far as managing human capital is concerned By Duncan Mlanjira Kenyan Pepe Minambo,…

Former Finance Minister Mwanamvekha contends that DPP-led government managed the economy very well

September 16, 2022

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Joseph Mathyola Mwanamvekha * This is on record, and that empirical statistics and evidence is available to confirm this fact * There have been a lot of misreporting and misinformation on current shortages of forex in Malawi * And the Tonse Alliance government has resorted to blaming the DPP-led administration By Duncan Mlanjira As the country’s fierce critics continue to express their dissatisfaction over the mismanagement of Malawi’s economy, former Finance Minister in the Democratic Progress Party (DPP) regime,…

CAMA implores on Chakwera to assemble bright minds, even those he hates, to urgently resolve Malawi’s current economic challenges

September 16, 2022

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* The President has been advised on several occasions that he needs well experienced and knowledgeable team of economic advisers * The current crop of his advisors are doing him a big disservice and this has contributed to his current poor economic and political poor rating * The President continues to make avoidable economic mistakes such as unnecessary over expenditures By Duncan Mlanjira Consumer Association of Malawi (CAMA) contends that the Malawi economy “has shown all elements of a…

RBM invites Malawians in diaspora to a virtual Monetary Policy Conference

September 16, 2022

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* This year’s conference provides the right forum to brainstorm issues with all relevant sectors of the economy * To enhance monetary policy in the current environment — Reserve Bank of Malawi By Duncan Mlanjira Ministry of Foreign Affairs has invited Malawians in diaspora to virtual attend Reserve Bank of Malawi’s annual Monetary Policy Conference scheduled for September 29-30 from 08:00hrs (Malawian time). The conference, whose host will be RBM Governor, Dr. Wilson Banda and Minister of Finance Sosten…

Public applauds pump price decrease for petrol but decries continued scarcity of diesel

September 14, 2022

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Maravi Express With effect from Thursday (September 15) pump price for petrol has reduced to K1,746 per litre from K1,946 — representing a 10.28%. This comes after another reduction that was effected last month from K1,999 to K1,946 per litre. However, the price for diesel is still at K1,920 per litre, as according to a notice from Malawi Energy Regulatory Authority (MERA). Paraffin for industrial use has also been maintained K1,261 per litre while the price for liquefied petroleum…

Malawi Ministry of Finance cannot convince IMF of ability to repay its debt under current economic and governance situation—chief economist Chifipa Mhango

September 14, 2022

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* No matter how brilliant the words are in a speech, IMF looks at your daily actions * The fiscal position and management of the resources before and after becomes imperative By Duncan Mlanjira In offering President Lazarus Chakwera, a 5-straight action plan to win back the confidence of international lenders, such as the International Monetary Fund (IMF), South African-based Malawian chief economist, Chifipa Mhango highlighted several governance and economic environment shortfalls the country is facing. Chifipa said the…

SA-based chief economist Chifipa Mhango offers Chakwera 5-straight action plan to win back confidence of IMF

September 14, 2022

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Chifipa Mhango, very much revered in his host country * Consequences of not having ECF support from IMF for Malawi has serious economic and political stability implications * For it may negatively affect provision of health services, education, as well as overall macro-economic stability among others By Duncan Mlanjira Following the decision by the International Monetary Fund (IMF) to put on hold talks over a new extended credit facility (ECF) with Malawi until a resolution is made on the…