Business – Page 197 – Maravi Express – Your Kind of News. Clear and accurate.

South Africa’s Rovos Rail touted as the most luxurious train in the world

July 14, 2022

* Its epic train journey of 15 days travels through South Africa, Botswana, Zimbabwe, Zambia and Tanzania * It’s become one of the most famous train journeys in the world and it’s a trip of which we are very proud * Since its inception in 1989, Rovos Rail has earned an international reputation for world-class travel experiences By Duncan Mlanjira It is worth experiencing for Malawians who can afford — a luxurious train-hotel in the world managed by private…

Public Private Partnership Commission attests that former staff hold 15% shareholding in defunct Shire Bus Lines

July 14, 2022

| No Comments

| Business, Courts, National, News

A dilapidated Lilongwe Bus Depot managed by National Bank Company * It is our view that they do have a right to raise a concern on this matter * It is their claim that National Bank Company is making a lot of money from the purported ownership of these bus depots * And they feel they have a right to be receiving a proportionate share of these revenues By Duncan Mlanjira Public Private Partnership Commission has engaged the Attorney…

FDH Bank’s Kukonza Tsogolo’s first K1m winner exposes public’s high alert against digital fraud

July 14, 2022

| No Comments

| Business, National, News

Kaimila explaining the format of the draw to the media * Makwasa is a Malawi Police Service Sergeant based at Chikwawa Police Station * He has since confessed that he responded in that manner because he suspected the caller was a fraudster * There is rampant digital fraud system that is currently rocking the country through mobile money services * Which prompted the authorities to officially alert the unsuspecting public to be wary of unknown callers asking for their…

Court throws out Rainbow TV’s application for judicial review of its broadcasting licence revocation by MACRA

July 12, 2022

| No Comments

| Business, Courts, Law Enforcement, National, News

* The deadline given to the TV station to honour the payment was May 31, 2022 * The Court contends that Rainbow TV did not intend to disclose, and in fact suppressed, the material fact that its broadcasting licence had been revoked by the time the claimant paid the balance of the licence fees due By Duncan Mlanjira Rainbow TV had its broadcasting licence revoked on June 8, 2022 by Malawi Communications Regulatory Authority (MACRA) for being in substantial…

Malawi promoting adoption of digitization in all sectors—MACRA

July 11, 2022

| No Comments

| Business, International, National, News

* Government has developed the National Digital Economy Strategy and the Digital Government Strategy * The two instruments are key to digital transformation in line with both regional and global trends * We cannot be talking of digitization without putting in place instruments to assist digitization crusade being propagated worldwide By Edson Mwamvani, MANA in Kinshasa, DRC Malawi Communications Regulatory Authority (MACRA) says government is putting mechanisms in place to promote adoption of digitization in all sectors of the…

Huawei also involved in unfair business practices in South Africa

July 11, 2022

| No Comments

| Business, International, National, News

The report by global news agency, Reuters * As it dodges from paying Malawian ICT support services firms it subcontracted to build telecommunications towers * Whose contract was awarded to the Chinese company by Malawi Government * SA labour department’s 2020 audit indicated that approximately 90% of the company’s employees were foreign nationals * Violating ‘employment equity’ regulations which impose a limit of 40%” * A statement from Huawei South Africa was quoted as saying it was committed to…

Chinese company Huawei giving Malawian ICT support service firms unfavorable trade practices in honoring contractual payments

July 11, 2022

| No Comments

| Business, National, News

* Huawei owes millions to four Malawian firms it subcontracted to build telecommunications towers * The project was awarded to the Chinese company by the Malawi Government * To construct 200 telecommunication towers across the country to be rent out to private companies * A letter from the four companies in 2019 pleading for professional from the Chinese firm hasn’t been responded to till now By Duncan Mlanjira Huawei, a Chinese company that is touted as a leading global…

ESCOM scholarship awards reaping fruits; Next cohort of 19 engineering students at MUBAS and MUST receive K8m

July 9, 2022

| No Comments

| Business, Education, News

ESCOM’s CEO Kamkwamba Kumwenda presenting the scholarship * The assistance will go a long way in bridging the existing gap of female and male engineers in the country * Since the introduction of the program in 2017, there has been a tremendous increment in number of female engineering students * We have a lot of capable female students in the country, who can make it as great engineers By Victor Singano Jnr, Correspondent In its commitment to empower girl…

ECAM decries slow progress on child labour elimination

July 7, 2022

| No Comments

| Business, National, News

* Government and its stakeholders urged to adopt the nation’s child labour policy * So as to expedite the progress towards the elimination of child labour in the country By Steven Mkweteza At this year’s commemoration of World Day Against Child Labour which was held in Zomba District, Employers’ Consultative Association of Malawi (ECAM), said it is worried with the country’s slow efforts towards the elimination of the worst forms of child labour by 2025. Vice-president for the association,…

COMSIP Cooperative Union scales up socio-economic livelihood support from 14 to all 28 districts

July 5, 2022

| No Comments

| Business, National, News

* Its specifically aimed at instilling the culture of saving and investment * Increasing household incomes and productive assets through diversified IGAs (investments) * Improving the status of nutrition and health of household beneficiaries * Improving women and youth economic empowerment and financial inclusion By Duncan Mlanjira With blessings from funders, the World Bank, COMSIP Cooperative Union Limited has scaled up its livelihood support sub-component of the 5-year Malawi Government project — the Social Support for Resilient Livelihoods Project…