Business – Page 238 – Maravi Express – Your Kind of News. Clear and accurate.

Airtel injects additional K100m as corporate response towards fight against COVID-19 pandemic

February 1, 2021

By Duncan Mlanjira Airtel Malawi Plc has injected an additional K100 million to mitigate the challenges in the fight against the current second wave of the COVID-19 pandemic the country is facing. This additional K100 million supplements an earlier donation of K104 million that the mobile phone service provider made in June last year, which was donated to the presidential task force on COVID-19 that was used to purchase ventilators and oxygen concentrators. Combined with last year’s support, Airtel’s…

Illovo Sugar Malawi plc contributes K100m towards COVID-19 fight

January 28, 2021

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Katandula: This contribution signifies our firm commitment to contribute to the fight against the virus * To be used for rehabilitation of Nkhotakota and Chikwawa isolation centres * Response to State of National Disaster declared by President Chakwera * There is huge response by the private citizenry at district levels pooling up resources together * As of Wednesday, Malawi registered 830 new COVID-19 cases * 244 are new recoveries and 15 new related deaths By Duncan Mlanjira Illovo Sugar…

Southern Region Water Board changes water connection policy

January 27, 2021

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* SRWB to provide the meter and plumber only * Customers to buy own pipes and fittings * To be responsible for digging and filling up trenches * Subsidized connection fee at K15,000 Maravi Express To ensure that customers are connected on time, Southern Region Water Board (SRWB) is transferring costs of water connections to its customers in a new policy in which the customers will be required to buy their own pipes and fittings. In a statement, SRWB…

NICO General, NBS Bank introduce insurance premium financing

January 27, 2021

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Maravi Express In a bid to ease the pressure during these trying times, NICO General, through its sister company, NBS Bank, will be extending short term loans to customers looking to pay for their insurance. This will see clients having the peace of mind on their insurance cover with NICO General, by means of a loan facility by NBS Bank. NBS Bank Chief Executive Officer, Kwanele Ngwenya said as a caring bank it always aims at providing the best…

NBS Bank stamping hard its nationwide footprint for unbanked rural communities through Bank Pafupi

January 26, 2021

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* The unbanked rural masses now can afford to sustain and secure their savings and investments * NBS Bank has over 900 agents and the figures are steadfastly rising * The most popular product in rural areas is Pafupi Savings account * Access to financial services is one way of improving poverty levels in the country By Duncan Mlanjira In cognizance that access to financial services is one way of improving poverty levels, NBS Bank rolled out a digital…

MEC advertises for bids to supply and deliver various goods under Framework Agreement

January 17, 2021

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Maravi Express The Malawi Electoral Commission (MEC) is inviting sealed bids from eligible bidders for supply and delivery of various goods — HP Toners; Ricoh Toners; consumables for HP and Ricoh printers as well as paper-related and general stationery. The Commission is also in need of tyres and batteries for motor vehicles — saloons, 4 x 4, buses, land cruisers and trucks. The bid process is under Framework Agreement and tender reference number MEC/2020/2021/FWA/NCB/004. The Commission says bidding will…

Tourism investors in Likoma District bemoan high Visa fees

January 11, 2021

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Picturesque Likoma Island * The country charges $75 (about K57,879) Visa fees on single foreign entry * This is way too high, say for a visiting family of four or five By Leonard Masauli, MANA Tourism investors in Likoma District have bemoaned high cost of Visa fees and delay by government in issuing operating licenses, saying the challenges have the potential to scare away foreign nationals willing to visit and invest in the tourism industry in the country. The…

Business woman constructs house for underprivileged Ntchisi widow

January 11, 2021

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The house also adds beauty to the village By Pauline Kaude, MANA Christina Chesa, a widow from Kachigubu Village in Traditional Authority Kalumo’s area in Ntchisi District is all smiles after receiving a New Year and of course lifetime present — a modern house which has been constructed by Martha Mahowe Phiri, a business woman at Mponela Trading Centre in Dowa District. During the handover ceremony of the house over the weekend, Chesa who is blind could not hide…

Missing planes: An inside look at the team that finds them

January 9, 2021

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* Posted Tuesday, December 8, 2020 * ‘You’re hoping you get there soon enough’ By Shannon Mullane, The Herald If you ever see Mark Young, commander of the National Radar Analysis Team, part of the U.S. Air Force Auxiliary Civil Air Patrol, rush into a coffee shop and pull out his computer, odds are he is setting up to track a missing aircraft as part of a national recovery or rescue attempt. Young is commander of the nation’s only…

MRA unveils ‘Kuiphula ndi Lisiti Langa’ promotion

January 6, 2021

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By Memory Chatonda, MANA Malawi Revenue Authority (MRA) has unveiled ‘Kuiphula ndi Lisiti Langa’ campaign from January to March this year to encourage consumers to demand Electronic Fiscal Device (EFD) receipts for every transaction made to enhance collection of Value Added Tax (VAT). At the launch of the campaign at Msonkho House in Blantyre on Tuesday, MRA Deputy Commissioner General, Henry Ngutwa said tax collecting body believes that consumers are the best inspectors in Malawi in enforcing the compliance…