Category: Business

FDH First Discount MD Mike Chiwalo presenting the cheque to DoDMA’s Chimphepo * As FDH Holdings Plc donates K27.5 million for affected people in Chikwawa, Nsanje, Phalombe and Mulanje * People of the Lower Shire were warned through address systems mounted on vehicles to move to higher grounds * This follows criticism that government did not act in a manner deserving of this unprecedented emergency By Duncan Mlanjira As soon as the Department of Climate Change and Meteorological Services…

Read More

* As CAMA implores on Clerk of Parliament to consider reviewing the many levies that are added on the fuel prices * That if removed could led the price of petrol at K950.00/ltr and diesel at K931.00ltr * The levies in question are Road Levy; Malawi Rural Electrification (MAREP) and the Malawi Bureau of Standards CESS By Duncan Mlanjira Key economic factors, mainly due to the exchange rate of the Malawi kwacha against the United States dollar — coupled…

Read More

Hara (1st left) being briefed by the officials * There is a growing resentment by road transporters who fear that the rail system might jeopardize their industry * Since trains are able to transport more goods on their wagons * Thus businesses shall prefer the rail than road transportation By Martin Chiwanda, MANA & Duncan Mlanjira, Maravi Express If well promoted, rail transport system is set to translate into bringing more growth to road transportation as more goods will…

Read More

MERA CEO Henry Kachaje Maravi Express Malawi Revenue Regulatory Authority (MERA) has asked the Reserve Bank of Malawi (RBM) Governor to consider prioritizing forex allocation to licensed fuel importers following fuel shortages the country is currently facing due to reduced imports as local commercial banks have not been able establish adequate Letters of Credit for fuel imports. The letter from Chief Executive Officer, Henry Kachaje warns that the “resultant effects of fuel shortages can lead to long lasting and…

Read More

Limbe, hub of business for Malawians of Asian origin By Duncan Mlanjira Forum for National Development (FND) has issued a statement calling on government to intervene and rein in a breeding culture of hatred targeted at Malawians of Asian origin which might lead to “huge repercussions in future”. In the statement published in the mainstream media as an advertorial, FND says it is “saddened with gross human rights violations being perpetrated to Malawians of Asian origin, their community and…

Read More

Simbi Phiri * Government stimulated to recapitalize local entrepreneurs for job creation opportunities Analysis by Duncan Mlanjira When pursuing their higher education, the majority of Malawians get obsessed on securing employment upon their graduation instead of aiming for entrepreneurship, which — if deliberate steps are taken to strengthen and stimulate it — can help create job opportunities. This is what has been observed by renowned and successful Malawian engineering entrepreneur, Simbi Phiri during his interview on Cruise 5 —…

Read More

  By Duncan Mlanjira Techno Brain, the company whose US$60.8 million (about K50 billion) contract to supply 800,000 Malawi electronic passports was terminated by the government last month, threatens of a likely disruption to the country’s passport system as a result of it being prohibited from accessing infrastructure necessary to carry out scheduled maintenance procedures. A statement from the company, that touts itself as “a global leader in next-generation digital services and consulting”, maintains its innocence from Malawi Government…

Read More

By Duncan Mlanjira In its commitment to create an enabling environment for equal opportunities that would improve internal practices related to human resources; customer services among others, Electricity Supply Corporation of Malawi (ESCOM) adopted a Social and Gender Inclusion & Anti-sexual Harassment policy in 2017. Now in existence close to five years, the public energy utility service provider decided to enhance the policy by engaging its male employees  for a special conference on Friday — an initiative that is…

Read More

By Duncan Mlanjira The Anti-Corruption Bureau (ACB) has obtained a warrant of arrest for former Malawi Communications Regulatory Authority (MACRA) Director General, Simon Itaye for being reasonably suspected of having committed offenses under the Corrupt Practices Act and the Penal Code. All counts are of abuse of public office contrary to Section 25B (1) of Corrupt Practices Act. One of the counts is that serving as MACRA DG — in or around January 29, 2018 — he offered an…

Read More