Business – Page 186 – Maravi Express – Your Kind of News. Clear and accurate.

Standard Bank Plc launches Report to Society to record and track its contribution to Malawi’s national development

September 5, 2022

Standard Bank CEO Phillip Madinga unveils the Report to Society in presence of UNDP deputy resident representative, Challa Getachew * As a financial services provider in Malawi, we remain resolute in our purpose — which is ‘Malawi is our home and we drive her growth * We are committed to playing our role to drive the country’s economic growth sustainably * By serving our communities through impactful projects that touch lives and improve societies By Duncan Mlanjira Standard Bank…

MACRA tears apart Adrian & Company’s demand on MBC’s licence compliance citing it lacks legal basis

September 1, 2022

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* Any future requests made to the Authority should cite the legal basis under which such request is being made or risk not being entertained * MBC account in MACRA’s books is reflecting a negative balance of K111,672.22 indicating overpayment by MBC to MACRA * MACRA does not have a licensee answering to the name, ‘Malawi Broadcasting Cooperation’ By Duncan Mlanjira Malawi Communications Regulatory Authority (MACRA) has challenged law firm Adrian & Company that its demand for the regulator…

NICO Group resuscitates employees’ Family Day celebration

August 31, 2022

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* Brings together employees from NICO Group’s various subsidiaries who came with their families * For moments of relaxation, camaraderie — to enjoy and refresh their minds By Victor Singano Jnr, Correspondent After a two-year break due to the CoVID-19 pandemic, NICO Group has resuscitated its annual Employees Family Day, which is organised for a moment of relaxation after working so hard in their respective offices. The event on Saturday brought together employees from NICO Group’s various subsidiaries who…

Loliny Brown Foundation initiates development projects in Thyolo targeting widows and girl child

August 31, 2022

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Founder Heather Gwaza presents some food stuffs to a needy widow * Lives of poor people would improve in the area they have identified as a pilot project * The community’s response has been positive, an indication that the initiative would be successful By Wilfred Golden Loliny Brown Foundation has initiated development projects in in Mulanje Village, Traditional Authority Bvumbwe in Thyolo by empowering widows and girl child to live fulfilled lives. One of the Loliny Brown founders, Heather Gwaza…

NOCMA, MERA warn against fuel vending and public misinformation

August 30, 2022

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* Rebukes the behavior of some individuals who report non-factual statements of different events and situations in the country * Mainstream media, asked to continue to inform and speak only the truth * As the most important people in distributing information and providing the country with truth By Monica Tambala, MANA National Oil Company of Malawi Limited (NOCMA) and Malawi Energy Regulatory Authority (MERA) have warned against vending of fuel as well misinformation done by the public through social…

Forum for National Development also threatens MERA with lawsuit after serving MACRA with one

August 30, 2022

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At the centre of it all, Henry Kachaje * MERA Board is being asked to make public the resolution made whether to maintain Kachaje appointed as CEO in 2021 * MACRA is being accused of shielding state-funded MBC on its compliance to payment of license fees * After the body revoked licenses for various TV and Radio stations for failure to service their license fees By Duncan Mlanjira Two days after serving Malawi Communication Regulatory Authority (MACRA) with demands…

FDH Bank Plc launches Swipe & Dash 60 seconds shopping worth K300,000

August 29, 2022

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First winner Kelton Masangano poses with FDH Bank MD, Noel Mkulichi * The promotion to run up to December which is a campaign to inculcate a cashless shopping * Two customers are set to win the K300,000 Swipe & Dash * Four to win shopping vouchers worth K60,000 * Four more to win fuel vouchers also worth K60,000 By Duncan Mlanjira FDH Bank has launched an exciting promotion in which its customers, who would pay for their shopping by…

13 people win in first weekly draw of ‘Ecobank Ka *326# Weekend Starter’

August 29, 2022

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Ecobank’s Tidzi Chalamba (right) captured during the draw * This is the begining of many more exciting and rewarding Fridays to come for our customers * Who simply transact on our free digital channels that attract zero monthly fees namely *326# Mobile banking and Ecobank Mobile App By Victor Singano Jnr, Correspondent Ecobank Malawi has splashed cash to 13 lucky customers in the first weekly draw of the newly launched ‘Ecobank Ka *326# Weekend Starter’, a promotion which is…

Joint Parliamentary Committee continues with fact-finding mission on power challenges the country is facing

August 29, 2022

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EGENCO’s project manager, Harry Msosa taking through progress of restoration at Kapichira * The joint Parliamentary Committee first visited Kapichira Hydro Power Station in Chikwawa * To assess impact of the damage caused by Cyclone Ana back in January and progress of restoring the 130 megawatts of power * That has led to continued load shedding that last up to 10 hours a day with some parts of the country having no electricity at all By Duncan Mlanjira The…

Agriculture Minister implores on Chiradzulu communities to invest in irrigation farming

August 26, 2022

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A female farmer explaining their work programme to Lowe * There are millions of kwachas in irrigation farming–Lowe * Liaise with district director of agriculture, go and visit other irrigation schemes and see how your friends are progressing By Lydia Maganga, MANA Minister of Agriculture, Lobin Lowe has urged communities in Chiradzulu to fully utilize and invest in irrigation farming as it is a money spinner that could help in boosting the economy of the country. On his…