Business – Page 221 – Maravi Express – Your Kind of News. Clear and accurate.

Malawian employees’ compensation mechanism fraught with fraud—ECAM

November 22, 2021

FDH Bank donates K1.5m to ECAM conference to address challenges employers face * We applaud ECAM’ efforts as the ‘voice of the employers * ECAM has strived to protect the rights of employers and letting their voices heard By Duncan Mlanjira One of the topics on the agenda for this year’s Employers Consultative Association of Malawi (ECAM) annual lake conference is set to discuss and address challenges being faced by the social security coverage, which is very low. This…

FDH Bank inculcates cashless business transactions through 3-months ‘FDH POS Swipe & Win’ promotion it organised for clients from July

November 22, 2021

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* Final monthly draw identified 20 winners of K50,000 each worth of shopping vouchers * Nine winners went away with fuel vouchers worth K40,000 each By Duncan Mlanjira FDH Bank says it is pleased that its clients positively responded to the 3-moth promotion it organised that encouraged its clients to utilize its point of sale (POS) services in supermarkets and fuel filling stations in order to inculcate a cashless spirit of doing business transactions. This was said by FDH…

SADC Industrialization & Exhibition Week set to address trading figures amongst the region’s member states

November 22, 2021

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By Kondwani Magombo, MANA The trading patterns amongst Southern African Development Community (SADC) member states is currently very low — at around 20%, which is very low as compared to other regions such as the European Union (EU) where figures go to up to 60%. This was said by SADC Director for Industrial Development & Trade, Dr. Khutula Sibanda at a press briefing ahead of the week-long SADC Industrialization and Exhibition Week that started today, Monday in Lilongwe. Sibanda…

CAMA accuses Government spokespersons of misinforming consumers reasons behind current high prices

November 19, 2021

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By Duncan Mlanjira Consumer Association of Malawi (CAMA) has accused government spokespersons, including Ministers, for misinforming consumers on the reason behind current high prices of commodities, saying they should ensure that they have adequate information regarding its real triggers. In a statement issued on Friday, November 19, CAMA says the “misleading statements that are coming from Government spokespersons and Ministers can be a recipe for unnecessary civil unrest”. CAMA observes that the increase of prices is expected “to…

National Anti-Corruption Alliance calls for removal and replacement of whole MERA Board

November 18, 2021

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Leonnard Chikadya, MERA Board chairperson * MERA is embroiled in controversy that sorrounds appointment of Henry Kachaje as MERA’s CEO * The controversy is exacerbated after one MERA Board member, Pempho Likongwe tendered resignation * After admitting being involved in unethical conduct during the interviews of the MERA CEO By Duncan Mlanjira National Anti-Corruption Alliance — a grouping of Livingstonia Synod of Church of Central African Presbyterian (CCAP), Youth Society (YAS), Malawi Law Society and Centre for Human Rights…

MultiChoice Malawi joins Partners Against Piracy’s campaign in fight against theft of artists’ creative content

November 18, 2021

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Pirated music flooding Malawi market * Partners Against Piracy works to protect the livelihoods of the thousands of creatives and broadcast professionals * The huge entertainment industry loss is more than annual GDP of Mozambique, Uganda and Guinea combined By Duncan Mlanjira MultiChoice Malawi has joined the campaign in the fight against theft of artists’ creative content which is being advanced by Partners Against Piracy — a Pan-African campaign on a full throttle to contain the rampant content piracy….

MultiChoice launches GOtv promotion for customers who upgrade to brand new GOtv SUPA package

November 18, 2021

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* Lucky winners stand chance to win Sana Cash & Carry shopping vouchers worth K25,000 each By Duncan Mlanjira As MultiChoice continue celebrating its 25th anniversary — dubbed Sankha Wekha — it has launched a promotion in which 24 lucky GOtv subscribers stand a chance of winning Sana Cash & Carry supermarket shopping vouchers worth K25,000 each. All it takes is for the subscribers to simply upgrade to the brand new GOtv SUPA package and submit their IUC number…

FDH Bank Plc set to solidify its mark across Africa

November 18, 2021

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* Markets itself at Pan-African Intra African Trade Fair in Durban * It has interfaced with various key African trade stakeholders * As well as those beyond Africa to increase its visibility By Duncan Mlanjira Just founded in 2008, Malawi’s FDH Bank Plc now sets its focus to solidify its presence on the African market and beyond the continent as it aims to build and grow long term sustainable business relationships and partnerships with clients. This was said by…

National Bank warns of fraudsters on the prowl enticing people on a promotion to win K70,000

November 16, 2021

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* The public is being advised not to open the link nor navigate on the questions asked * All its promotions and web communications are hosted on its official website By Duncan Mlanjira National Bank of Malawi Plc has issued a disclaimer on a promotion that is widely circulating on social media enticing people to answer four questions relating to the bank and stand a chance of winning K70,000 instant cash. In its disclaimer, National Bank says all its…

Chakwera commissions solar energy power plant in Salima; To add 20 megawatts to national grid

November 16, 2021

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Chakwera touring the solar power plant * Malawi needs reliable sources of energy for its national development —Chakwera * “There are so many partners of goodwill ready to help us develop this sector” * “This is clean energy and a model for green future the country wants” By Grace Kapatuka, MANA President Lazarus Chakwera has finally commissioned construction of the country’s first of its kind construction of solar energy plant which is expected to add 20 megawatts of power…