Category: Business

Chapola poses with the proud awardees * The agents contribute towards the individual insurance policies, which accords about 12% of its business * In Savings Protection Plan; Child Saver (for tertiary education); Cash Plus and Festival Advance Plan * Through the agents, the public has now been encouraged to participate in individual insurance covers * We have reached this far because of your invaluable contributions to the growth of the business By Duncan Mlanjira In honouring the annual awards…

Untarmarc road from Chiringa in Phalombe that connects to Muloza in Mulanje in dreadful state

April 17, 2022

| Business, Health, National, News

Sukasanje community members rejoice with Minister Matola after commissioning Muloza Hydro Power Station * Also leads to newly-commissioned Muloza Hydro Power Station privately managed by Cedar Energy * A 30-minute drive stretch of the road takes over an hour to negotiate various compromised rocky spots and broken bridges * A diversion before Sukasanje community that hosts Muloza Hydro Power Station is close to 3km Analysis by Duncan Mlanjira At the official commissioning of a 3.4 megawatts (MW) Muloza Hydro…

ESCOM commissions 3.4MW privately-owned Muloza Hydro Power Station to cater for over 2,800 rural households in Phalombe, Mulanje and Thyolo

April 17, 2022

The impressive power generation machinery * Energy Minister Ibrahim Matola was given the honour to officially switch on power onto the ESCOM grid * This is part of government’s goal to attain 1,000MW of electricity energy by 2025 as pledged by President Chakwera * ESCOM is receiving less power than required due to non-availability of adequate electricity generation power producers * The impact of Cyclone Anna resulted in the loss of 130MW from Kapichira Power Station By Duncan Mlanjira…

Afrimax introduces special new Easter holidays free data offers

April 15, 2022

Afrimax CEO, Kamar Abass By Victor Singano Jnr, Correspondent As part of strengthen its client relationship and celebrating together the Easter holidays and creating a good platform for interaction among Malawians, one of the local fastest growing telecom technology company, Afrimax Limited has introduced special free data offers named ‘Afrimax Easter Special 2022’. The Easter data offers, which will expire after a period of 60 days, will provide opportunity to the customers to have a choice of choosing from…

MyBucks Malawi not under any bankruptcy order of receivership

April 15, 2022

By Caroline Nyekanyeka MyBucks Malawi has assured the public that bankruptcy process of its SA-based parent company has not impacted its operations, saying before the South Africa company was placed into bankruptcy in December, there were already processes underway of disposing of its 100% shareholding in MyBucks Malawi to a strategic investor. Thus, MyBucks Malawi management assures its clients and the general public that despite the bankruptcy process by its mother company in SA, it continues to operate normally….

National Construction Industry Council deregisters Joadah Consult Limited

April 15, 2022

By Caroline Nyekanyeka After finding Joadah Consult Limited guilty of breaching and flouting the Code of Ethics for consultants in the construction industry, the (NCIC) has deregistered the company and struck its name off the register. A public notice flighted in Friday’s The Daily Times newspaper, said Joadah Consult Ltd was found guilty of participating in national competitive bidding processes contrary to the conditions of its Temporary Licence and issuing false statements or testimony — both being a breach…

NICO Life launches funeral policy for Malawians in diaspora in partnership with WiseChoice Insurance Agency

April 15, 2022

Deal sealed by WiceChoice’s Mapereka and NICO Life’s Chapola * Set to pay out a cash benefit between K1 million and K5 million for funeral expense services * It has also been designed to be flexible enough for the benefit of those left behind * Premiums to be paid through WiseChoice Insurance Agency’s online insurance platform through local banks and mobile money transfers By Duncan Mlanjira There have been many occasions when Malawians in diaspora and their relations back…

Globe Internet Ltd launches one-stop Yankho Online business information processing platform

April 14, 2022

* Simplifies the management of information across all industries; * Manages job applications and shortlisting processes for companies’ recruitment exercises; * Registers memberships for associations, updates and general management; * Registers, enrolls, bills and integrates all student information issues and reconciliations for the education sector By Duncan Mlanjira Globe Internet Limited — one of the leading internet and information & communications technology (ICT) service provider — has launched a new product, Yankho Online; a web-based platform for processing business…

Standard Bank Plc named Best Bank in Malawi by Global Finance

April 13, 2022