Business – Page 234 – Maravi Express – Your Kind of News. Clear and accurate.

NICO Pension donates K4m towards purchase of laptops for Polytechnic’s needy students

April 2, 2021

Chima (left) presents the donation to Polytechnic’s acting principal, Chitera * Follows similar assistance for Malawi University of Science and Technologies in March * Technology is being used as an alternate system of teaching and assignments * This is due COVID-19 pandemic as some lessons as conducted through online By Duncan Mlanjira NICO Pension has donated K4 million to the University of Malawi’s constituent college, The Polytechnic to purchase laptops for needy students at the institution. This follows a similar…

Interest Rate Capping Bill back in Parliament; this time moved by DPP MP Namalomba

March 26, 2021

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MP Shadric Namalomba * Was first moved by MCP’s Dowa West Alexander Kusamba Dzonzi in 2018 * Namalomba pledges to tackle some of the weaknesses of the previous Bill * And to give direction to what this particular Bill will focus on * The Bill has since been referred to Parliamentary Business Committee By Duncan Mlanjira The Interest Rate Capping Bill which courted controversy when it was moved by then then opposition Malawi Congress Party (MCP) legislator for Dowa West,…

Ombudsman exposes recruitment irregularities at Central Medical Stores Trust

March 26, 2021

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Ombudsman hopes will bring sanity and orderliness in the way parastatals handle their recruitment matters * Former President Peter Mutharika, Office of the President and Cabinet at the centre of it all * The employment contract of Rex Kuyeli never legally existed * I, therefore, nullify the purported three-year contract that was granted to him on 10th October, 2019 * If he has any claim it should be channeled to the former President who illegally appointed him By Duncan…

NICO Pensions relaunches Ufulu Fund that caters for self-employed and employer sponsored members

March 24, 2021

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* Also provides an alternative for trustees of a restricted pension fund to encourage former employees to transfer out of the fund * It gives members peace of mind knowing that the pension benefits are being competently preserved and grown By Duncan Mlanjira For those who left employment but would like to preserve their benefits away from their employer’s restricted pension fund, NICO Pensions is the service provider they can engage with through the Ufulu Unrestricted Fund. The Fund…

ServiceTouch™ to facilitate Old Mutual’s 2020 guaranteed fund bonus declaration bonus live on Times TV on Tuesday

March 21, 2021

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* It will also be streamlined on Times 360 and on Old Mutual Facebook profiles * The interactive bonus declaration session to be held at Mount Soche from 6-7pm * ServiceTouch™ engages organisations and individuals to realise their full potential By Duncan Mlanjira ServiceTouch™ — a consultancy business service provider — will on Tuesday, March 23 facilitate an hour-long interactive session live on Times TV from 6pm for Old Mutual’s 2020 Guaranteed Fund Bonus declaration. The session, to be…

Ethiopian Airlines joins African Union in launching COVID-19 test and vaccine passport

March 18, 2021

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* The Trusted Travel pass to ensure COVID-19 travel requirements are met * With minimal room for error and hassle to the travelling public * We are offering new digital opportunities so as to fully and safely restore air travel * Ethiopian Airlines commands the lion’s share of the Pan-African passenger and cargo network Maravi Express Ethiopian Airlines has partnered with the African Centers for Disease Control & Prevention (Africa CDC) for the implementation of the African Union Trusted…

NICO Life partners with Goodwill Funeral Services in launching extra service facilities

March 17, 2021

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Her Worship the Mayor Juliana Kaduya cutting the ribbon cementing the partnership * To be providing a casket or coffin and transport to anywhere in Malawi * Premiums are K2,000 per month as an individual and K5,000 as a family for standard cover * K3,000 and K7,000 as individual and family respectively for executive cover By John Saukira, Contributor Malawi’s leading life insurance service provider, NICO Life has announced partnership with Goodwill Funeral Services in launching extra service facilities…

NICO Pension donates K3 million to MUST’s ‘A gadget for a needy student’ initiative

March 15, 2021

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Chima presents the cheque to Prof. Malata * We are determined to always do our part when it comes to education * Your education will always be yours. No one can take that from you * You need to take it seriously and put more effort in your studies as well * NICO has always supported initiatives that uplift Malawians in education, health and environmental conservation By Duncan Mlanjira NICO Pension has donated K3 million to Malawi University of…

ESCOM staff threaten industrial action Thursday if long outstanding dispute is not resolved

March 15, 2021

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* We have followed all laid down procedures and regulations as stipulated in the Labour Relations Act * The governance structures have shown blatant disregard to the tenets of social dialogue * Dispute started last year over unbundling of of ESCOM in line with public reforms * Staff Union is against setting up of new company, Power Market Limited * As it contravenes Section 4 (2) of the amended Electricity Act (2016) By Duncan Mlanjira Electricity Supply Corporation of…

Malawi producing more plastic waste per capita than other sub-Saharan countries

March 15, 2021

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What plastic waste can do * Says Cama in observing 2021 World Consumer Rights Day under theme ‘Tackle Plastic Pollution’ * Estimates suggest that 75,000 tonnes of plastic is produced each year * Of which 80% is single-use plastic that cannot be recycled * Rapid urbanisation is escalating plastic production By Duncan Mlanjira Malawi is facing plastic pollution crisis as it is producing more plastic waste per capita than their sub-Saharan counterparts, creating a demand which far outstrips the…