Category: Business

* The forced recommended reduce prices are not a true reflection of what is happening on the ground * Key raw materials are currently in short supply as a result CoVID-19 and the war in Ukraine and Russia * The question is, for how long can you mantain these prices when you are a net importer and you have a weak currency? * These prices are misleading because they are unsustainable By Duncan Mlanjira Despite the Ministry of Trade…

Read More

The Aggreko diesel power generation at ESCOM Power Station at Makata Industrial Area * ESCOM should take off the 3-4% tariff which was effected to cover for the supplement diesel power generation * Consumers expect a MERA that is transparent and accountable to consumers and that is proactive * When and where any changes in supply and price have taken place whether upwards or downwards, MERA shoul pass on the changes to consumers immediately By Duncan Mlanjira Electricity Supply…

Read More

* If these allegations are true then it’s criminal offense worth to be investigated by the authorities * Facts are that NOCMA has completely excluded IHB as its contracted transporters and have taken in 4 associations * The concern should not be which Malawian is hauling but rather why are foreign trucks still in use when other Malawians’ are parked By Duncan Mlanjira International Haulage Brokers (IHB) emphasizes that it operates within the confines of regulations as set by…

Read More

Production in full swing as witnessed by Katsonga-Phiri * He also declared that Illovo should suspend exporting up until domestic supply has normalized * Despite Illovo’s MD Lekani Katandula saying their their priority is the domestic market and only exports the surplus * Plans for the future is to increase production so that after meeting the quota for domestic consumption, they should export more * In line with MW2063 agenda — which highlights that Malawi should become an exporting…

Read More

Sugar packaging in full swing as witnessed by Minister Katsonga-Phiri * Production increased than normal for domestic supply up to over 600,000 tonnes as of Thursday and rising * Unscrupulous traders accused of hoarding sugar in order to create commodity scarcity and increase prices * Illovo never sanctioned any price increase as it still remains at K900 with some supermarkets selling at less at K850 * Survey by Illovo Sugar indicates that illegal exportation to neighbouring countries also contributed…

Read More

* MBS and Road Traffic fined K500,000 for engaging in anti- competitive conduct * Ordered to cease and desist from engaging in anticompetitive conducts in enforcement of standards * Regarding the importation of blank number plates in Malawi By Duncan Mlanjira Competition and Fair Trading Commission (CFTC) has referred to the Anti-Corruption Bureau (ACB) to investigate if there was any corruption involved from the case in which the two government agencies were found guilty of anticompetitive conducts on the…

Read More

Area 18 Interchange * Contractor ZCCC was under investigation for the bad execution of the Karonga-Songwe road but they were given Mzimba-Mzalangwe-Ezondweni road * Mota Engil was found to have issued exorbitant claims on the Area 18 Interchange * It was then given Mzimba Street project under questionable circumstances from China Civil * Initially won the contract in the same way that they got the Area 18 contract from China Civil 2017 By Duncan Mlanjira The summary of findings,…

Read More

Former Board member Dr. Boniface Dulani * Red flags on poor governance issues were raised by Board Member Dr. Dulani in November last year * The Board of Inquiry led by lawyer Raphael Mhone was mandated to inquire into the competence of the Board * The Ministry wanted to inquire was whether the Board failed to observe or perform any of the duties or obligations * Conferred by the Act or any written law and performance of any Act…

Read More