Category: Business

* Our members feel their patience has been stretched to the limit and are now threatening drastic action * For being forced to continue bearing such a heavy burden of business capitalization with a continued depreciation of returns * The fuel price adjustment on Sunday resulted in a further erosion of the retailers margin by 17.67% for petrol and 25.15% for diesel * As a consequence of maintaining a fixed margin of K78.44 per liter for both products By…

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* CAMA’s statement is entitled ‘Government and Consumers Cheated by Cooking Oil Manufacturers’ * It is now becoming completely difficult for Government and CFTC to engage and agree with these cooking oil refining companies * Regarding the reduction of cooking oil prices which have currently skyrocketed * Government creates these Agencies to ensure that some traders or producers do not take advantage of their monopolistic positions on the market By Duncan Mlanjira Consumers Association of Malawi (CAMA) emphasizes that…

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Proud moment for Prophet Bushiri * It is the first-ever to receive in Malawi apart from numerous recognitions from foreign countries * I am very encouraged because this shows that there are other people who appreciate the efforts we make Victor Singano Jnr, Correspondent In celebration of its 80th edition, National Product Magazine awarded Prophet Shepherd Bushiri of Enlightened Christian Gathering (ECG) with a Good Samaritan Award for his humanitarian charitable programmes he reaches out to underprivileged Malawians. In…

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Yapuwa plants a tree together with a Chingale Secondary School student  * The target is to plant over 1 million trees in different places across Malawi * We are involving members of the communities as well as chiefs and forest officials in order to cover large areas * And make sure they are guarding each other so that no one should be found illegally cutting down trees By Victor Singano Jnr, Correspondent FDH Bank Plc has invested 10,000 tree…

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* This follows recent trends in the world petroleum products prices * And changes in other macroeconomic fundamentals in the local market and their impact on energy prices * Oil prices continue to skyrocket due to fears of security of supply following the invasion of Ukraine by Russia By Duncan Mlanjira Effective today, April 10, petrol price has been raised by 20% from K1,150 per litre to K1,380 while diesel is at K1,470 per litre — up from K1,120…

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