ESCOM slowly dying; Parliament needs to approve raising consumers’ power tariff—CEO Kamkwamba Kumwenda

Kumwenda with some members of his management team at the press conference  * EGENCO and the IPPs charge K140 per kilowatt/hr, yet ESCOM charge the same kilowatt/hr at K104 from the consumer * MERA should Parliament to increase power tariff to over K140 per kilowatt/hr * Or ESCOM faces a bleak future since it will forever be making losses to the extent that it shall even fail to pay its staff’s salaries By Duncan Mlanjira Since Electricity Supply Corporation…

Read More

Posted in Business, National, News Comments Off on ESCOM slowly dying; Parliament needs to approve raising consumers’ power tariff—CEO Kamkwamba Kumwenda
MACRA in the process of developing E-waste strategy to protect environment and citizens’ health

* E-waste includes fridges, TVs, fluorescent lamps, large telecommunication equipment, mobile phones, computers * Some discarded equipment contain some high levels of contaminants, which can harm people and the environment By Duncan Mlanjira Malawi Communications Regulatory Authority (MACRA) is in the process of developing an E-waste strategy to address issues of management involving any electrical and electronic equipment that is discarded or is intended to be discarded or is required to be discarded after use. Such include temperature equipment…

Read More

Posted in Business, National, News Comments Off on MACRA in the process of developing E-waste strategy to protect environment and citizens’ health
NBM Development Bank disburses over K3.5 billion to local SME’s since its 4 years of existence

* Over a billion went to business owned by women while close to K500 million towards youth entrepreneurs By Victor Singano Jnr, Correspondent National Bank of Malawi (NBM) Development Bank has managed to disburse over K3.5 billion to both startup businesses and Small & Medium Entrepreneurs (SME’s) within 4 years since it was establishment in 2019. The first privately-owned NBM subsidiary — which is mainly aimed at providing long term funding to SME’s — says out of the said…

Read More

Posted in Business, News Comments Off on NBM Development Bank disburses over K3.5 billion to local SME’s since its 4 years of existence
MACRA engages ICT industry to discuss regulatory issues and innovative ideas pertinent to growth of the sector

Minister of Information & Digitalisation, Gospel Kazako * At first-of-its-kind ‘MACRA Open Day’ held on Monday launched by Minister of Information Kazako * Second session tomorrow at BICC in Lilongwe and in Mzuzu on Friday at Grand Palace Hotel * All public institutions such as MACRA must always accountable to the public—Kazako By Duncan Mlanjira Malawi Communications Regulatory Authority (MACRA) has established the first-of-its-kind, ‘MACRA Open Day’, as a hub where where every year it will be engaging its…

Read More

Posted in Business, National, News Comments Off on MACRA engages ICT industry to discuss regulatory issues and innovative ideas pertinent to growth of the sector
CAMA asks SPC to account on effectiveness and gains made on Chakwera’s cost cutting measures in public service

Zamba, appointed as SPC in June * The report could be provided against each austerity measure wherever possible * How many parastatals have made significant savings with these measures * Size of delegations travelled and how many Ministers have travelled during the past three months By Duncan Mlanjira Consumer Association of Malawi (CAMA) has written Secretary to the President & Cabinet (SPC), Collen Zamba to brief Malawians on the effectiveness and gains made from the austerity measures that President…

Read More

Posted in Business, National, News Comments Off on CAMA asks SPC to account on effectiveness and gains made on Chakwera’s cost cutting measures in public service
Public sneers at K53 downward adjustment of petrol

* Prices of diesel and paraffin have been maintained but liquefied petroleum gas has been adjusted * The movement of prices on the global market have allowed for a downward adjustment of fuel under the Automatic Price Mechanism By Duncan Mlanjira The public has described as an insult of highest order the price adjustment of petrol by K53 — from K1,999.00 per liter to K1,946.00, saying it is a mockery to poor Malawians, because this so called reduction will…

Read More

Posted in Business, National, News Comments Off on Public sneers at K53 downward adjustment of petrol
Tata International Africa announces new John Deere dealerships in Malawi and Tanzania to support agriculture and construction sectors

* Tata and John Deere will provide equipment dedicated to the success of their customers * To those who cultivate, harvest, transform, enrich and build upon the land * To meet the world’s dramatically increasing need for food, clothes, and infrastructure * The John Deere dealership comes as President Lazarus Chakwera’s administration is advocating for commercial farmers to embrace all seasonal Mega Farms * Which is MW2063 Pillar 1 of agriculture productivity and commercialization By Duncan Mlanjira Tata International…

Read More

Posted in Agriculture, Business, National, News Comments Off on Tata International Africa announces new John Deere dealerships in Malawi and Tanzania to support agriculture and construction sectors
Malawi’s wildlife translocation completed; 263 elephants and 431 additional wildlife find new habitat in Kasungu National Park from Liwonde

* Additional 13 elephants translocated from the targeted 250 to establish viable elephant populations * A significant wildlife translocation to support biodiversity efforts and ensure the prosperity of local communities living around the park * The addition of elephants and other wildlife species to benefit Malawi tourism as well as communities through job creation By Duncan Mlanjira In an effort to establish viable elephant populations and maintain healthy habitats in Malawi’s environmental and wildlife protected areas, 263 elephants and…

Read More

Posted in Business, News, Tourism Comments Off on Malawi’s wildlife translocation completed; 263 elephants and 431 additional wildlife find new habitat in Kasungu National Park from Liwonde
Regional integration essential in attaining UN SDG number 7–Energy Minister Matola

Matola (far left) was a co-panelist at the 4th Tanzania Energy Congress currently underway in Dar es Salam, Tanzania * The Minister’s session was entitled ‘Improving Africa’s Economy Through Energy Sector Market Development Expansion’ * We need to review archaic laws and policies in order to improve Africa’s economy through energy sector market development expansion Maravi Express In order to achieve goal number 7 of the United Nations’ Sustainable Development Goals (UN SDG), which advocates for sustainable energy for…

Read More

Filmmakers invited to submit authentic productions for Malawian TV series for OneZed channel

* Replicas of ideas and storylines that already exist in OneZed’s content offering will not be accepted * Must be unique, fresh and truly Malawian stories for comedy or drama TV series * That reflects authentic Malawian stories with an outstanding storyline * OneZed is a pan-African channel that caters to the Zambian and Malawian markets but is mostly Zambia-centric By Duncan Mlanjira Through the MultiChoice Expansion Program-Project Pamodzi, which seeks to empower Malawi’s film and TV industry, the…

Read More

Posted in Business, Entertainment, News Comments Off on Filmmakers invited to submit authentic productions for Malawian TV series for OneZed channel