Business – Page 2 – Maravi Express – Your Kind of News. Clear and accurate.

30 days to go towards the much-anticipated Mount Mulanje Porters Race 2026

June 11, 2026

* As over 80 local enthusiasts register while internationals have also shown interest to participate * To be held on July 11 under the theme; ‘Mountains & Forests: Guardians of Our Water’ that highlights importance of protecting natural forests and mountain ecosystems * Registration still open at MK7,000 for porters; MK10,000 for non-porters; MK12,000 for individual fun-runners and MK100,000 for corporate/group fun run By Duncan Mlanjira Today, June 11, marks 30 days before the much-anticipated Mount Mulanje Porters Race…

British High Commissioner engages with Judiciary, MDF, UNIMA to enhance the value of strong partnerships

June 10, 2026

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| Business, National, News

* The UK remains committed to supporting strong accountable institutions in Malawi By Duncan Mlanjira The British High Commissioner to Malawi, Leigh Stubblefield has carried out some engagements with the Judiciary, the Malawi Defence Force (MDF) and academics from the University of Malawi (UNIMA). The High Commission’s official Facebook account, UK in Malawi, reports that today, she met the Chief Justice Rizine Mzikamanda to discuss shared priorities, including the importance of judicial independence, the rule of law, and access…

‘The biggest determinant of long-term MSE performance will be Malawi’s broader economic trajectory’

June 10, 2026

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Nelson Mkwende * If Malawi can improve forex availability, stabilise inflation, increase export earnings, and strengthen fiscal discipline * Which can attract new listings, through which the MSE could enter another major growth cycle after its most remarkable stock market performances in Africa in 2025 * Maintains Nelson Mkwende, a seasoned stockbrocking and financial analysis expert, who is duly registered with the Reserve Bank of Malawi (RBM) as an investment advisor By Duncan Mlanjira In his exclusive analysis of…

Agricultural input supplier Nitro Phos Ltd discovered by CFTC of supplying defective fertilizers

June 8, 2026

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| Business, Law Enforcement, News

* Fined K50 million for excluding liability for defective goods and supplying goods that fail to meet consumer safety standards * And the exclusion of liability for the resultant damage to crops for farmers, who filed complaints to CFTC for scrutiny * As CFTC also delivers penalties to CTS Courier, Modern Dry Cleaners and Urban Realtors following investigations on unfair trading practices By Duncan Mlanjira Following complaints from farmers alleging the supply of defective fertilizers and the exclusion of…

CFTC slaps Standard Bank K100m penalty, FDH Bank K200m for engaging in misleading conduct, unconscionable conduct

June 8, 2026

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* And failure to disclose material information, and unfair consumer contracts * As the CFTC orders six companies to pay administrative monetary fines totaling MK361 million for different violations as provided under the Competition and Fair Trading Act By Duncan Mlanjira The Competition & Fair Trading Commission (CFTC) has fined Standard Bank with K100 million and FDH Bank K200 million for engaging in misleading conduct, unconscionable conduct and failure to disclose material information, and unfair consumer contracts. CFTC have…

Public infrastructure ownership at its best as Zomba communities stand guard against vandalism of ESCOM equipment

June 5, 2026

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* A joint patrol team comprising Police officers and community members intercepted a group of vandals in mid-operation at Nazinomwe Village * The vandals had already disconnected high-voltage fuses of the area’s transformer and fled after the community patrol approached By Duncan Mlanjira A group of vandals were intercepted in mid-operation of vandalising a transformer for Electricity Supply Corporation of Malawi (ESCOM) by a volunteer community-led security patrol at Nazinomwe Village in Zomba, which was carried out joint with…

MEPA clarifies challenges being faced by Napoleon Dzombe’s fertilizer production plant in Dowa

June 4, 2026

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* Emphasises that remains committed to ensuring that all development projects are processed in a timely, transparent and professional manner * While safeguarding environmental sustainability and compliance with Malawi’s environmental laws and standards By Duncan Mlanjira Following scathing attacks that were generated from a media report alleging that Malawi Environmental Protection Authority (MEPA) is delaying in issuing a licence for business tycoon, Napoleon Dzombe’s fertilizer manufacturing plant, MEPA has come out in the open to issue a transparent clarification….

Man who got arrested in connection to sudden death of his wife, Paul Taulo, appointed as SFFRFM CEO

June 4, 2026

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| Business, Courts, News

* June 3, 2023 autopsy report by forensic pathologist and clinical forensic physician, Dr. Charles Dzamalala indicated that Nomsa died of respiratory failure due to acute poisoning * The report said she fell suddenly ill after eating the food that was prepared by housemaid, who was arrested alongside Taulo on suspicion that they were connected to the poisoned food By Duncan Mlanjira Paul Limbani Taulo, the man who was arrested in 2023 on suspicion that he was connected to…

Standard Bank director Alan Chinula donates his CSR retirement financial package of K10m to school in Mzimba

June 4, 2026

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Chinula flanked by Tamanda Ng’ombe (left) and Head of Legal & Governance Nora Nsanja * Standard Bank Plc has a corporate social responsibility (CSR) policy that allows retiring board members to choose a community project to benefit from its financial donations * I did not hesitate to choose Milala in Inkosi Mbelwa’s area because of the passion I have for the school — where my education journey began before going to Mzuzu Govt Secondary, and later Law School By…

CDH Investment Bank continues to support strategic partnership for Lilongwe’s growth

June 3, 2026

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CDH Investment Bank Account Relationship Manager-Corporate & Public Sector, Jennie Madinga hands over the sponsorship to symbolic funds to Lilongwe City Council Mayor, Councillor Peter Alex Banda * As it sponsors K2 million towards the Capital City Mayor’s vision sharing stakeholders engagement * To take place on June 12, 2026 aimed at fostering dialogue among city leaders, private sector players, and the public By Duncan Mlanjira In a show of continued commitment to urban development and public-private collaboration, CDH…