Category: Business

Chakwera being installed as second Malawi Institute of Architects patron after Dr. Hastings Kamuzu Banda * MIA’s expertise has been bypassed by many organizations and institutions in favour of cheap substitutes By Kondwani Magombo, MANA President Lazarus Chakwera says the Tonse-led administration will ensure that architects in the country are recognized by involving them in the design and development of the country’s infrastructural projects. The president made the commitment on Tuesday in Mangochi when he officially opened the Malawi…

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* Despite CoVID-19 challenges NICO continues to deliver superior financial products * Celebrating this golden anniversary is a very important milestone to still be standing strong, or perhaps even stronger, after 5 decades * NICO is the pioneer in financial services in many regards as it was the first company to list on the Malawi Stock Exchange in 1996 By Duncan Mlanjira NICO Group has officially launched its 50th anniversary celebration media visibility campaign as one of engaging with…

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* Whole trip cost in excess of K46,282,250 for five board members * Travel to Dubai comes “at a time when Malawi’s economy is bleeding” * Management sent the board “even before the recruitment of a CEO” By Duncan Mlanjira Human Rights Defenders Coalition (HRDC) has asked President Lazarus Chakwera to dissolve Malawi Communication Regulatory Authority (MACRA) Board, accusing it for extravagance and abuse of power for attending a two-week governance training in Dubai. According to the revelation as…

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Thriving charcoal business * This is in pursuant to Section 21 of the Customs and Excise Act By Duncan Mlanjira Malawi Revenue Authority (MRA) has instructed its station managers and all staff, particularly officers at security road checkpoints, to confiscate charcoal and all illegal forestry related goods and surrender them to relevant authorities. A memorandum to all station managers from acting Commissioner of Customs & Excise Division, Fredrick Mpeusa, reiterates the government of Malawi, through the Department of Forestry…

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A traffic document that is processed through the Malawi Traffic Information System * Sources say government is losing millions in service payments * Consultant hasn’t handed over to Government since 2018 * Has failed to meet two deadlines set since 2018 * Up to now upgrading other modules hasn’t been completed * And some operational errors are still persistent By Duncan Mlanjira Over three years now, South African consultant firm has still not handed over the Malawi Traffic Information System…

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Lipunga during the seminar at Protea Mount Soche Hotel * There is more to retirement preparation than just pension fund and savings * People retire from their jobs but should not retire from working By Duncan Mlanjira People retire from their professional jobs but they should not retire from working, said financial analyst Jimmy Lipunga at a seminar on Tuesday when he delivered an inspiring retirement planning seminary at Sunbird Mount Soche Hotel in Blantyre. The seminar was hosted…

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