Business – Page 214 – Maravi Express – Your Kind of News. Clear and accurate.

FDH Bank Plc accelerates tree conservation initiative by partnering with Mary’s Meals school feeding programme

December 16, 2021

FDH Bank‘s Chipezeani (left) presents the symbolic tree seedling to Khonje By Victor Singano Jnr. In its commitment to help in the fight against climate change, FDH Bank Plc has partnered with Mary’s Meals — the school feeding programme across the country — by donating 10,000 tree seedlings to inculcate tree conservation culture on young learners. At the presentation ceremony on Tuesday at St. Pius Girls Primary School in Blantyre, Mary’s Meals Country Director, Angella Khonje applauded FDH for…

FMBcapital Holdings’ appoints Jaco Viljoen as new Group Managing Director

December 16, 2021

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Jaco Viljoen * An accomplished banker with more than 27 years of senior management experience * Working in various African countries for Standard Bank and Barclays * Holds an MBA from Oxford Brookes University in the UK and degrees from the Universities of Stellenbosch and Orange Free State By Duncan Mlanjira The Board of Directors of FMBcapital Holdings has appointed Jaco Viljoen as its Group Managing Director, effective January 2022 — taking over from Mahendra Gursahani, who is the…

BWB owes ESCOM over K24bln as water pumping tariffs; Launches 5-year plan and appeals for Govt bail out

December 14, 2021

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Minister of Forestry and Natural Resources Nancy Tembo unveils the Plan * The Strategic Plan is to counter increasing social and economic challenges the organisation is facing * Due to urbanisation and the hostile economic operating environment—Board chairperson * BWB to increase water tariffs in April 2022 by 10% to meet the demands of providing safe water services By Lydia Maganga, MANA Blantyre Water Board (BWB) currently owes Electricity Supply Corporation of Malawi (ESCOM) about K24 billion as outstanding…

Lilongwe’s Area 18 residents awarded K4.5m each as compensation for drinking human faecal contaminated water in 2017

December 13, 2021

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The Area 18 residents took to the streets in 2017 to protest * This is a very unique case, probably the first of its kind in Malawi’s jurisprudence * The victims suffered a horrible experience they would not want to remember but unfortunately will never be erased in their minds * The two public institutions offer critical services that affect the general health and welfare of Malawians * Failure to discharge their duties accordingly has catastrophic results on the…

Fire from an explosion at Leopard Match factory ignites fresh debate on country’s firefighting response; As police joined firefighting using anti-riot water cannon truck

December 13, 2021

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* The blast was so strong that neighbouring buildings’ windows were smashed * I feel it would be prudent to make the Fire Brigade as a stand alone government department or parastatal * There is a need to have firefighting vehicles at every few kilometres, especially around the cities * Leopard Match should have its own fire fighting department on the ground with its own trained fire fighters By Duncan Mlanjira There was a strong commotion on Monday…

Silver Strikers Ltd takes FAM, SULOM to task over contentious TV rights deal and contract management

December 13, 2021

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The agreement between FAM, SULOM and Mibawa Studios * The club feels critical cooperative governance aspects were flouted and sidestepped by the two football governing bodies * It demands full disclosure of the detailed contents — which includes distribution model and the guaranteed minimum revenue * There is lots of misinformation regarding TV rights process—FAM president Walter Nyamilandu * “We intend to clarify after the Airtel Top 8 and once the matter has been concluded in Court By Duncan…

Love Builds social enterprise dates golfers in fundraiser for procurement of industrial machines for street kids’ vocational skills training

December 13, 2021

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* Love Builds’ objective aims at encouraging underprivileged kids off the street begging * By offering a social transformation package that should economically empower them and their families * We are currently operating from our base at Kaunjika Flats in Limbe which is adjacent to Escom By Duncan Mlanjira Love Builds, a social enterprise for Yohane Banda Foundation, is organising a charity golf tournament on January 21 to fundraise towards procurement of industrial machines to be used to Blantyre…

Long serving NICO Life staff contribute towards the company’s tremendous growth over the years

December 11, 2021

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CFO Zigowa poses with the long serving staff By Duncan Mlanjira NICO Life’s successful growth over the years can comfortably be attributed to members of its staff’s loyalty and commitment through long service, said Chief Finance Officer, Victoria Zigowa on Friday when she presented awards to six of its staff who have served 10 years each. “You have made a great contribution towards the performance of the company,” she impressed on them. “NICO Life’s success story for the past…

CAMA implores on Water Boards to treat customers with utmost professionalism following recent water scarcity in Blantyre

December 11, 2021

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Under fire for water scarcity in the city * Water scarcity comes at a time when water tariffs have just been increased * Consumers are expecting to see an improvement in water delivery services By Duncan Mlanjira Consumer Association of Malawi (CAMA) is appealing to Water Boards customers to form Water User Groups in their communities to be used as a platform to demand better water delivery services. CAMA has made this stance following recent water scarcity in Blantyre…

Airtel Malawi maintains transaction fees for failed money transfers are also reversed to customers as CAMA accuses the company of ‘theft’

December 9, 2021

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* It is extremely difficult to understand or appreciate why Airtel decided to be holding money for 24 hours—CAMA * Airtel Money refund process for failed transactions to third party partners happens either automatically instantaneously—Airtel * Or manually, at most 48 hours, unless there is an exceptional issue * Erroneously sent funds to a wrong number are refund or reversed to the customer without convenience fee By Duncan Mlanjira Airtel Malawi Plc has clarified that Airtel Money refund process…