Category: Business

* 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…

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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,…

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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…

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* Minister of Trade issues a final warning to all perpetrators that drastic action will be taken against to all traders that are not abiding by the gazetted notice * While at the same time encouraging the public to report with immediate effect all the suppliers that have not yet reduced the prices * What I find disturbing is the unwillingness by the Ministry of Trade to provide the right market prices—John Kapito By Duncan Mlanjira The Ministry of…

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Minister Matola and EGENCO management after touring inside Tedzani IV * The maintenance works for Tedzani IV were necessitated as effects of Tropical Cyclone Ana * Rock boulders went into its water exit channel (tailrace) * The works coincided with a one-year anniversary of the machine’s commissioning * It enabled project consultants to carry out contractual machine inspection and warranty repairs By Duncan Mlanjira Minister of Energy, Ibrahim Matola has commended Electricity Generation Company (EGENCO) engineers and its consultants…

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* The campaign is a special premier of three new data deals for day to day internet users * The packages, Kawawa 200, Kawawa 300 and Kawawa Unlimited each offer unique data volumes at competitive pricing * Tailored to suit variety of consumer spending patterns and internet needs * In this time and age, internet is no longer a luxury but a need—Chief Commercial Officer, Elias Imaan By Duncan Mlanjira Leading integrated ICT solutions provider, Globe Internet Limited has…

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