Business – Page 188 – Maravi Express – Your Kind of News. Clear and accurate.

Veteran Carver Bhima gives Alpha Arts seal of approval for successful hosting of 2022 Miss Malawi pageant

August 18, 2022

| Business, Entertainment, News, Tourism

Carver Bhima (centre) with Alpha Arts team and management of Serendib Hotels * Alpha Arts met all rules and guidelines when they applied to hire the licence from him * He was formally introduced to Lotus Hotel, managed by Serendib Hotels * Who are the official partners and sponsors for the 2022 national pageant By Duncan Mlanjira Veteran organiser of Miss Malawi pageant, Carver Bhima — who is also the licence holder of the national event — has given…

Africa’s most successful youngest entrepreneur Dumisani Ncube to deliver keynote address at Sycamore Consult’s wealth conference in Lilongwe

August 18, 2022

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| Business, National, News

Zambia’s most successful entrepreneur * Malawian speakers include Prophet Shephard Bushiri; Standard Bank Malawi CEO, Phillip Madinga; Patricia Mwase * As well as Audrey Mwala and National Planning Commission Director General, Thomas Munthali * Complementing the MW2063 theme of ‘An Inclusively Wealthy & Self-reliant Nation’ By Victor Singano Jnr, Correspondent Dumisani Ncube, the Zambia entrepreneur who is rated by Forbes as Africa’s second youngest millionaire at only 29 years old, has been invited as guest of honour to deliver…

Over 25,000 cattle out of about 39,000 affected animals vaccinated against Foot and Mouth disease in Chikwawa

August 17, 2022

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| Agriculture, Business, National, News

Foot and Mouth disease is a highly contagious viral disease * Animal health experts are still on the ground with the exercise as well as to identify if more areas were affected * The disease was first clinically reported at Jombo, Chaonanjiwa and Mnthumba dip tanks * Preliminary investigation conducted by veterinary officials had then reported 49 clinical cases out of the affected 13 kraals By Duncan Mlanjira In the efforts to contain the outbreak of Foot and Mouth…

FDH Bank’s Kukonza Tsogolo promotion identifies second K1m winner and 10 for K100,000 each

August 16, 2022

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| Business, News

* Launched in June, as an initiative to inculcate a saving culture amongst existing FDH Bank customers and potential ones * We are very happy with the overwhelming participation from both existing and new customers * Who have managed to deposit a minimum of K100,000 into their savings account and kept for not less than a month By Duncan Mlanjira At the second draw of FDH Bank Kukonza Tsogolo promotion, Emmanuel Manguwo was identified as the second K1 million…

Illovo Sugar Malawi Plc relaunches Tseketseke Everyday Chef competition whose grand prize is K5m

August 14, 2022

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| Business, National, News

Illovo Sugar Malawi MD, Lekani Katandula * The recipe with the most likes on Facebook on a weekly basis will automatically be entered into the final ‘Cook-Off’ competition * To complement the online efforts, the company will simultaneously be running shopping mall activations during the weekends By Duncan Mlanjira Following its success last year, Illovo Sugar Malawi Plc has launched the second series of Tseketseke Everyday Chef online cooking competition using the company’s refined and dark demerara sugar. At…

Standard Bank invests in mega farm initiative by donating two greenhouses to Lilongwe-based GGL Farm

August 12, 2022

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| Agriculture, Business, National, News

* Agriculture Minister Lowe hails Standard Bank’s efforts in Agricultural Transformation Initiative * GGL Farm to be transferring knowledge and capacity to surrounding community farmers * And beyond so that everyone should benefit from the initiative, said Lowe By Leonard Masauli, MANA In its contribution towards the country’s initiative towards the promotion of agricultural transformation that will improve the country’s economy, Standard Bank has handed over two greenhouses to GGL Farm in Lumbadzi, Lilongwe. The farm is managed by…

Exposed business Osman Gani Issa obtains court injunction against further media disclosure of web of underground financial dealings

August 11, 2022

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| Business, Courts, Law Enforcement, National, News

* Separate legal notice from Ritz Attorneys-at-Law to PIJ restrains them “from making any further publications regarding this matter * As regards to the article published entitled ‘Malawi’s Backstreet Bankers’ published on August 10 By Duncan Mlanjira The High Court Commercial Division has granted an interlocutory injunction that restrains Zakir Mussa from further disclosure of a web of underground financial dealings, which was exposed by Platform for Investigative Journalism (PIJ). A High Court order made in chambers on Thursday,…

Malawians express disbelief that authorities weren’t aware of financial crimes exposed by Platform for Investigative Journalism

August 11, 2022

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| Business, Law Enforcement, National, News

* The FIA didn’t know, the Registrar of Financial Institutions only knew in July. The activities have been going on for so long * NBM — a private sector entity — flagged this entity several times, but government institutions didnt even know although there were flags * Are we this simple, easy, and naive? Kodi mma ofesi mu mukumatani anthu inu? By Duncan Mlanjira A report by Platform for Investigative Journalism (PIJ) published on Wednesday has exposed a…

Malawi launches Agribusiness Deal Room with a call for bold investment towards agricultural transformation ahead of 2022 AGRF in Rwanda

August 11, 2022

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| Agriculture, Business, International, National, News

Dessalegn with President Chakwera on his visit to Malawi * Guest of honor was former Prime Minister of Ethiopia, Hailemariam Dessalegn * Current Board chairperson of the Alliance for a Green Revolution in Africa (AGRA) and AGRF Partners Group * Ministry of Agriculture is championing several policy reforms all meant to create a conducive environment for the business of agriculture * Dessalegn commended President Chakwera’s leadership in the commitment to the country’s agricultural transformation By Duncan Mlanjira In line…

Part of ESCOM’s K112 billion loss is due to EGENCO’s and IPPs’ billing systems

August 10, 2022

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| Business, National, News

The car in question when it was being rehabilitated * CEO Kumwenda also clarifies that the official Land Cruiser that he inherited is an accident-rehabilitated car and is 5 years old * After some members of the public attacked ESCOM, with some accusing that the CEO drives an expensive vehicle By Duncan Mlanjira When Electricity Supply Corporation of Malawi (ESCOM) does not utilise power provided by Energy Generation Company (EGENCO) and private independent power producers (IPPs), it is still…