Category: Business

Katandula (left) handing over keys to Central Region winner Emmanuel Nkurunziza Maravi Express Illovo Sugar (Malawi) Plc officially handed over 2 Nissan NP200 vehicles to the Northern and Central Region ‘Iponyereninso Kwakuya ndi Illovo’ promotion winners at colourful ceremonies which took place in Mzuzu and Lilongwe respectively. The Northern Region the winner is 38-year-old Mzuzu resident businessperson, Gilbert Mbwagha who was all smiles as he was being handed over the keys of the vehicle by Illovo Sugar officials at a…

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State of Nsanje-Limbe railway line  Maravi Express Taking cognizance that one factor that affects the productivity of any economy is its transport infrastructure and that it is well factored in the Malawi 2063 which recognizes it as a key enabler for socio-economic productivity, President Lazarus Chakwera’s Administration outlined a number of investments they are making in infrastructure development to boost economic productivity. In his State of the Nation (SONA) address Parliament today, February 3, Chakwera says the improvement of…

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An industrial park in Mumbai Maravi Express President Lazarus Chakwera says his Administration is facilitating the establishment of several industrial parks across the country — in Lilongwe, Blantyre and Mzuzu — to achieve massive industrialization, with feasibility studies already done for two of them. He said this today at Parliament during his State of the Nation (SONA) address, saying this was towards the achievement of his Administration’s priorities of wealth creation, job creation and food security. He announced that…

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Maravi Express On the progress made towards job creation — which was the Tonse Alliance campaign for the Presidency, Lazarus Chakwera told Parliament today, February 3 in his State of the Nation (SONA) address that Government has started establishing job centres in all the four cities of Malawi. Chakwera said Malawi has not been spared from the CoVID-19 that hit global labour markets hard, and in view of this, during the 2021/22 Financial Year, “Government has been developing the…

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Maravi Express In his State of the Nation (SONA) address in Parliament today, February 3, President Lazarus Chakwera says his Administration will build on incentives pronounced in the last National Budget to promote and encourage local manufacturing, CoVID-19 has taught the nation of the need to reduce her dependence on imports. He said in implementing its 2021/22 National Budget, “Government found itself in a situation where it had to meet a number of CoVID-19 related expenditures at the same…

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Maravi Express In spite of the continued negative impact of the CoVID-19 pandemic because of timely and effective Government interventions, the Malawi economy is estimated to have grown by 3.0% in 2021, up from 0.8% in 2020. This was said by President Lazarus Chakwera his State of the Nation (SONA) address in Parliament today, February 3, under the theme “Fixing Economic Systems to Deliver Long-term Priorities and Diffuse Short-term Pressures. He said amongst many of the CoVID-19 interventions, the…

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Chakwera arriving at Parliament for his SONA Maravi Express In his State of the Nation (SONA) address in Parliament today, February 3, President Lazarus Chakwera said in balancing the attention between long-term priorities and short-term pressures, the citizenry “must resist the despair of thinking that Malawi is a glass half-empty”, but believe that Malawi has “so many more national treasures than other economies that are doing better than ours”. “All we need to do to translate our national treasures…

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