Business – Page 200 – Maravi Express – Your Kind of News. Clear and accurate.

Stagflation and misalignment of comparative advantages in Africa

June 18, 2022

| Business, International, News, Opinion Column

* Economies do not recover from the blues, there are extra efforts that are put in place to ensure that a country moves out of poverty * If African countries continue to rely on international institutions without putting in place structures to help them escape poverty, serious problems like stagflation will find a home in our midst * It’s past the time for us to recognize that an economy is built piece by piece, not just with vision but…

ICON Properties and Eris Properties invest in establishment of stately KFC restaurant at Chichiri Shopping Mall that includes Drive-In services

June 16, 2022

| No Comments

| Business, News

* The Drive-In service is targeted to just take less than two minutes from point of order though an intercom * To the paying cubicle and finally the food handover cubicle * This adds to three of KFC restaurants — with another in Blantyre central business district (CBD) * The other in Lilongwe — that also has a Drive-In service By Duncan Mlanjira With partnership from NICO Group’s ICON Properties and Eris Properties, Afribrand has provided a stately KFC…

Premier Bet Malawi demands K100m as defamation compensation from a Lilongwe man over an alleged fake win of same K100m

June 14, 2022

| No Comments

| Business, Law Enforcement, News

The contentious presentation of the K100 million reward * During the first article that was shared to the media houses, it never mentioned that Mercy Phiri was not her real name * The media houses edited that only after we raised a query to them * Immediately after our article, some media houses took down the story from their website * Premier Bet also immediately after our suspicions deactivated the game from their website By Duncan Mlanjira Lilongwe-based Kenneth…

Mibawa Studios earns US$20,000 from the successful beaming of Group D 2023 AFCON qualifiers at Bingu National Stadium

June 13, 2022

| No Comments

| Business, News, Sports

The match between the Flames and Ethiopia which the hosts won 2-1 * First match between the Flames and Ethiopia and second between Ethiopia and Egypt * It has not been by chance that CAF selected Mibawa Studios to beam its 2023 AFCON qualifier games * It taken four years for us to break through because TV football production is probably one of the most expensive TV productions By Duncan Mlanjira After a long investment period of over four…

Hallmark Creations Limited rebrands to Hallmark Limited in celebration of its 10th Anniversary

June 13, 2022

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| Business, News

* ‘Hallmark @ 10: Call to Greatness’ as it enhances into a general supplying company in printing and all forgoing services * The wholly Malawian-owned firm has capacity to compete fairly with all players both local and international * We have restructured our way of doing business to ensure that our service delivery to you our clients, remains top notch * Our decade of growth is a clear testimony that there are too many of you out there that…

MACRA revokes license for Prophet Bushiri’s Rainbow TV

June 12, 2022

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| Business, News

* They have failed to do what is required of them as stipulated in the Communications Act * They last paid six months ago and MACRA has only acted upon powers vested in the Communications Act * Delayed payment due to ownership wrangles between major shareholder Prophet Bushiri and former owner Omar Kaisi By Andrew Magombo, MANA Malawi Communications Regulatory Authority (MACRA) has revoked the Television Content License for Rainbow Television over a substantial breach of failing to pay…

Lilongwe-Kasungu-Jenda-Mzimba; Kacheche-Chiweta road rehabilitation works to involve 4 contractors

June 12, 2022

| No Comments

| Business, National, News

* China Jiangxi International together with Jiangxi Transport Ltd set for KIA junction up to Kasungu Boma * Portuguese contractor, Mota Engil’s stretch is from Kasungu Boma up to Jenda * Unik Constuction Engineering (Pty) Ltd takes up from Jenda up to Mzimba Boma Turn Off * China Henan International Co. Ltd’s stretch is from Kacheche to Chiweta By Duncan Mlanjira President Lazarus Chakwera is on July 5th expected to preside over the ground breaking for the rehabilitation works…

Serendib Suites in Namiwawa offers guests a quaint and charming atmosphere

June 11, 2022

| No Comments

| Business, News, Tourism

* Ideal for honeymooners; self-catering guests and for serene atmosphere corporate conferences * Located in Namiwawa, Blantyre along Chilomoni Ring Road just after the junction off the road towards Sanjika Palace * The wonderful and serene atmosphere dazzles the guest, complemented by its country lodge architectural facade of the suites By Duncan Mlanjira It was being managed under the name Namiwawa Lodge until Serendib Hotels & Resorts acquired the property in 2015 and turned the hotel into Serendib Suites…

CAMA asks Chakwera to reduce number of Cabinet Ministers to a maximum of 20 including deputies in response to government’s cost cutting measures

June 10, 2022

| No Comments

| Business, National, News

President Lazarus Chakwera asked to reduce foreign travels * Cabinet Ministers and Senior Public Officers to with immediate effect stop international and local travels unless on emergencies and upon approval by the President himself * The President and his deputy, Saulos Chilima should drastically cut down on their international and local travels * And that he must reduce the number of embassies to 10 in order to reduce staffing in all foreign offices By Duncan Mlanjira Consumer Association of…

National Bank of Malawi Plc Board of Directors appoint Jimmy Lipunga as its chairperson

June 10, 2022

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| Business, News

* He is a also a corporate finance and project management specialist * A corporate strategist and corporate governance expert * He has over 30 years of solid experience and progressive leadership * With a record of contributions and achievements in professional, private and public sectors Maravi Express The Board of Directors of National Bank of Malawi Plc as appointed renowned financial analyst, Jimmy Kajanike Lipunga as its chairperson. A statement from the Board says Lipunga — (FCCA (1989),…