Business – Page 187 – Maravi Express – Your Kind of News. Clear and accurate.

Malawi secures US$350 million through Millennium Challenge Compact

September 29, 2022

| Business, International, National, News

Finance Minister Sosten Gwengwe and MCC CEO Alice Albright after signing the contract * Building and success is a strong commitment to Malawi’s democratic governance * MCC board selected Malawi for a second phase in 2018 which is being signed today and is a great moment * We are impressed with President Chakwera’s commitment to build Malawi and his vision to reduce poverty levels By Lisa Kadango Malango, MANA in Washington DC President Lazarus Chakwera and US Secretary of State Anthony…

CDH Investment Bank lauds media as key to promote investment culture

September 29, 2022

| No Comments

| Business, News

CDH Investment Bank CEO and Managing Director, Kwame Ahadzi * Apart from the roles that are being played by the local investment institutions, there is also a need for the media to realize that they are a major stakeholder * Which is responsible in preaching to the masses across the country for them to understand what the bank stands for By Victor Singano Jnr, Correspondent CDH Investment Bank, a subsidiary of Continental Holdings Limited, has lauded the country’s media…

NGO invests 56 bicycles for Kasungu lead farmers; As Water for People also 3 to Blantyre schemes

September 28, 2022

| No Comments

| Agriculture, Business, News

The donation in Kasungu * To ease mobility challenges which lead farmers have been facing in course of carrying out their duties * Water for People donation is a quest to promote professionalism in management of rural solar powered water establishments By Yankho Phiri & Chilungamo Missi, MANA Circle for Integrated Community Development (CICOD), a nongovernmental organisation that works in the agricultural industry, has donated 56 bicycles to lead farmers in Santhe and Chulu extension planning areas (EPAs) in…

Chinovi launching human resource management book

September 28, 2022

| No Comments

| Business, News

Human resource expert Chinovi * Book tackles various issues including inconsistencies between labour acts; terms and conditions of service * And what organizations do in practice contrary to appropriate human resource management * You find employees not being allowed to go for maternity leave or when sick, they are not paid By Moses Nyirenda, MANA Lilongwe-based human resource management specialist, Emmanuel Chinovi is launching a book titled ‘A Guide to Human Resource Management Practice in Malawi’ today (September 28)…

Liwonde Fertilizer Company pillar collapses, injures three

September 28, 2022

| No Comments

| Business, National, News

The company which President Chakwera inaugurated in November last year * The company maintains there were no serious injuries but inside sources said one out of the three has sustained serious injuries * Machinga District Hospital said they had not received any report at with regard to the accident By Racheal Mkotama, MANA Three workers at Liwonde Fertilizer Company in Machinga have sustained injuries of various degrees after a pillar which they were erecting collapsed and crashed them. The…

Ethiopian Airlines set to own 49% of Nigeria Air

September 28, 2022

| No Comments

| Business, International, News

* Also owns 49% stake in Air Malawi Maravi Express Africa’s largest airline, Ethiopian Airlines has been selected by Nigeria’s Ministry of Aviation as the preferred bidder for Nigeria Air as the country’s new flag carrier. The airline, which owns 49% of Air Malawi, will also own 49% of Nigeria Air, according to a report on airport-technology.com. Ethiopian Airlines — which is 100% owned by the government of Ethiopia — also owns 45% of Zambia Airways, 49% of Guinea…

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

September 28, 2022

| No Comments

| Business, National, News

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

| No Comments

| Business, News, Sports

* 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

| No Comments

| Business, Law Enforcement, News

* 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

| No Comments

| Business, News

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,…