Business – Page 218 – Maravi Express – Your Kind of News. Clear and accurate.

Christmas, Boxing, New Year’s official national holidays to be celebrated on Dec. 27, 28 and Jan. 3 respectively

December 20, 2021

* The Ministry of Local Government wishes the general public joyous 2021 Christmas and Boxing holidays and a prosperous 2022 By Duncan Mlanjira As Christmas, Boxing Day and New Year’s Day fall on weekends, their official national holidays will be celebrated on December 27, 28 and January 3 respectively — announces Ministry of Local Government. In a statement issued Monday, December 20 by Secretary to the Ministry, James Chiusiwa, takes cognizance that Public Holidays Act Chapter 18:05 says: “Where…

FDH Bank Plc scales up fight against anticipated CoVID-19 fourth wave by donating surgical gloves to Blantyre DHO

December 20, 2021

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FDH’s Chikwama (2nd left) presents the gloves to Dr. Milliam Jere * These gloves will keep our frontline health workers safe during this period of high transmission * FDH Bank Plc is a homegrown bank that cares about the community that we operate in Maravi Express FDH Bank Plc has donated 410 boxes of medical gloves to Blantyre District Health Office (DHO) in a bid to upscale the fight against the impending 4th wave of the CoVID-19 pandemic. At the…

81 winners rewarded with fabulous prizes as ‘Iponyereninso Kwakuya ndi Illovo’ gathers momentum

December 20, 2021

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Illovo Sugar’s Musyani-Chipeta (left) and her colleagues sort out the entries * 6 lucky winners to each go away with a Nissan NP200 vehicle in grand prize * Second level competitors winning motorbikes, bicycles and bags of fertilizer * Retail consumers winning cookers, fridges and shopping vouchers * Monthly Instore activations instant prizes include buckets, zitenje, T-shirts and Illovo sugar packets By Duncan Mlanjira The first bi-weekly draw of the Illovo Sugar Malawi Plc festive season promotion ‘Iponyereninso Kwakuya…

MUST pre-launches first student-led technology company eCast to be affiliated to its Industrial & Research Park

December 17, 2021

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Modeled after MUST Silicon Valley of the US * MUST Silicon Valley program seeks to develop a well-designed and structured initiative * That utilizes existing innovative ideas to industrialize and contribute to Malawi’s GDP * This will subsequently foresee MUST building a tech city that will be the hub of innovations * The partnership with eCast aims to spur digital advancement and to digitize information sharing and availability By Duncan Mlanjira To support the realization of the MW2063, Malawi…

Employers who continue setting CoVID-19 vaccination incentive for the award of end of year bonuses risk being prosecuted

December 16, 2021

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A incentive for National Bank of Malawi staff * The intention is to promote the uptake of the vaccine among employees which will make their workplaces safer * Government is advising employers to explore alternative ways of encouraging their employees for vaccination * The input of employees is valuable, hence the need to engage them through social dialogue By Duncan Mlanjira The Ministry of Labour has directed that setting CoVID-19 vaccination as a pre-condition for the award of end…

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

December 16, 2021

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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…