Category: Business

Jacqueline Koreia-Phakamea By Duncan Mlanjira One of the country’s business magnate, Jimmy Koreia Mpatsa has been forced to issue a public notice warning institutions and the general public from trusting his daughter, Jacqueline Koreia-Phakamea to offer her loans on surety that it would be settled by the father himself or the family Mpatsa Trust. In the notice posted on social media Facebook, Koreia-Mpatsa said it was brought to his attention that Jacqueline “has been/is soliciting loans from the general…

Malawi airport firefighters threaten unspecified action if concerns raised not addressed in 21 days

February 19, 2021

* First task of newly appointed director of Civil Aviation James Chakwera * Grade M and L be abolished and create Grade K as their entry point * One has to wait until some fighters die, retire or resign to create new space for promotions * Demand is from many years back but government has only been making unfulfilled promises By Duncan Mlanjira Fire fighting services assistance (Grade M) from all airports in the country, have petitioned the office…

Arrest of four individuals who decorated Valentine flower gift with bank notes stirs mixed debate on social media

February 17, 2021

| Business, Courts, National, News

Question asked will FDH Money Bureau who did the same also be arrested? * If found guilty, they could be fined up to K5 million or a jail sentence * At this rate, one day we will get arrested for folding notes in our wallets * Now I am afraid if I use currency as learning material for my kids By Duncan Mlanjira News of the arrest of four individuals, who displayed Valentine flower gifts that were decorated with…

Illovo Sugar applauded as a caring corporate partner for Chikwawa

February 11, 2021

* As the company presents K40m worth COVID-19 supplies * Illovo Sugar always supports other emergencies that affect the district * “Our healthcare workers will be better equipped to handle serious cases * Fake news affecting people’s late response for COVID-19 treatment * Communities encouraged to ignore fake news that portray negative picture of healthcare workers By Duncan Mlanjira Illovo Sugar Malawi Plc has been applauded as a caring corporate partner for Chikwawa when the company presented K40 million…

National Audit Office discovers numerous claims anomalies by Mota Engil on road projects

February 8, 2021

* Blantyre-Zomba arrears claimed by contractor indicate as not paid but payment vouchers show was paid * Audit team conducted physical verification of projects to ascertain their existence * And also whether value for money was achieved on these projects * The verification exercise confirmed existence of some projects but some were in a dilapidated state By Duncan Mlanjira A report that National Audit Office conducted to verify authenticity of road projects payment arrears by Mota Engil as accumulated…

National Audit Office discovers that Mota Engil was claiming payments on donor funded road projects

February 8, 2021

A road construction * 20.7 million euro and US$1.2 million claimed on interest and donor funded projects * Out of MK52 billion claimed by Mota Engil, Roads Fund accepted MK24.3 billion as valid as at 30 November 2020 * MK27.5 billion was disputed by Roads Fund, representing 52% By Duncan Mlanjira From the verification exercise that National Audit Office conducted to verify road projects arrears totalling MK77.2 billion accumulated by Government of Malawi, it was discovered that Mota Engil…

Illovo Sugar Malawi presents 21 hospital beds, 3 patient monitors and 10 nebulisers for Queens Hospital COVID-19 treatment units

February 3, 2021

Katandula (right) presenting the donation * A fulfillment of the pledge it made last week to assist various COVID-19 treatment units * It injected K100 million of which K20 million has gone to Queens * The other for Nkhotakota and Chikwawa-Kasinthula isolation centres By Duncan Mlanjira As Queen Elizabeth Central Hospital continues to grapple with increasing numbers of COVID-19 patients on a daily basis — coupled with efforts to increase treatment units — Illovo Sugar Plc Malawi has donated…

Airtel injects additional K100m as corporate response towards fight against COVID-19 pandemic

February 1, 2021

By Duncan Mlanjira Airtel Malawi Plc has injected an additional K100 million to mitigate the challenges in the fight against the current second wave of the COVID-19 pandemic the country is facing. This additional K100 million supplements an earlier donation of K104 million that the mobile phone service provider made in June last year, which was donated to the presidential task force on COVID-19 that was used to purchase ventilators and oxygen concentrators. Combined with last year’s support, Airtel’s…

Illovo Sugar Malawi plc contributes K100m towards COVID-19 fight

January 28, 2021