Business – Page 241 – Maravi Express – Your Kind of News. Clear and accurate.

NICO Life, NICO Pension spur better service delivery to customers by opening offices in Peace Building in Mzuzu

November 30, 2020

By Duncan Mlanjira In order to accommodate more customers and thus spur better service delivery to all customers, NICO Life and NICO Pension have opened their offices at Peace Building in Mzuzu. NICO Life Chief Executive Officer, Eric Chapola said they saw the need for the move following the growth of business in the Northern Region and guaranteed the customers of better services. He said their previous offices were in Mpico House but “with the ever-growing business here in…

Ministry of Tourism Usi, TNM, Kips Restaurant owner boost Blantyre to Lilongwe Big Walkers’ morale

November 24, 2020

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* Have reached halfway mark in Ntcheu on Day 4 of 10 * This is patriotism at its best—Tourism Minister Usi * Corporate partner TNM dresses them up * Kips Ice Cream Parlour brings refreshments * Kukoma Cooking Oil pledges supper By Duncan Mlanjira Day 4 will remain eventful for the nine Blantyre to Lilongwe Big Walkers as they reach the half way mark after arriving at Ntcheu Boma exactly at 17:00 hours on Tuesday and along the way…

Cooking oil prices should not have been increased because of VAT—MRA source

November 24, 2020

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By Duncan Mlanjira Prices of refined cooking oil have been increased and the manufacturers attribute it as due to government’s decision to introduce 16.5% value added tax (VAT) on their products but impeccable sources at Malawi Revenue Authority (MRA) contend that the increase in the products should have been justified in relation to other factors and not the VAT as claimed. In his 2021 National Budget presentation in Parliament last September, Finance Minister Felix Mlusu had said cooking oil…

Blantyre to Lilongwe Big Walkers cover over 100kms of the 360kms after Day 3

November 24, 2020

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*The event targets to raise K7m for training of tour guides By Duncan Mlanjira The team of 10 that are walking from Blantyre to Lilongwe — a driving distance of over 360kms — to raise funds that will be invested in the training and eventual certification of 100 tour guides across the country — celebrated covering the 100km mark on Monday along the road from Phalula in Balaka to Chikondi Stop Over in the same district. The event, that…

Malawian private tree seedlings developer plans to produce seedlings for very hot chili Ghost Pepper

November 23, 2020

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By Duncan Mlanjira Malawian passionate private tree seedlings developer, Mapopa William Banda, who has also diversified by raising fruits tree seedlings, says he is growing red hot pepper in his garden and hopes to produce some seedlings shortly for sale. Named as Ghost Pepper or Bhut Jolokia (Bhutanese chili), is a hybrid chili cultivated in Northeast India and a delicacy in that country. In a Facebook post announcing his plan to invest it in the country, Mapopa was very…

Airtel Money partners with South African money transfer provider Mukuru

November 23, 2020

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Maravi Express Airtel Money customers will now be able to receive money from loved ones outside the country using the international money transfer service provider, Mukuru. In a statement, Airtel Money Director, Polycarp Ndekana said they have taken cognizance that every year thousands of Malawians in diaspora face challenges when sending money to sustain their family and relatives back home and partnering with Mukuru will provide them a convenient, simple and secure way to transfer funds. “We already provide…

Legislative and compliance updates under the Pension Act

November 21, 2020

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The country’s leading insurance company, NICO Pension — in partnership with the Reserve Bank of Malawi (RBM) — invited pension trustees and employers to a seminar at Amaryllis Hotel in Blantyre where they were encouraged to provide employers accurate information on the pension system. This comes against the background that a lot of employees are not adequately informed of how the pension scheme system works and its benefits, a development that is leading to a lot of misinformation through…

Employers urged to provide accurate information on pension scheme for employees

November 21, 2020

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By Duncan Mlanjira A lot of employees are not adequately informed of how the pension scheme system works and its benefits, a development that is leading to a lot of misinformation through social media. Thus the country’s leading insurance company, NICO Pension — in partnership with the Reserve Bank of Malawi (RBM) — invited pension trustees and employers to a seminar at Amaryllis Hotel in Blantyre where they were encouraged to provide employers accurate information on the pension system….

Mozambique injects US$30m for rail rehabilitation works to benefit Malawi

November 18, 2020

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By Duncan Mlanjira Mozambique has announced that it has invested US$30 million to its public-owned ports and railway company (CFM) to carry out rehabilitation works of its rail network that connects with Malawi. This comes through the bilateral talks Mozambique President Filipe Nyusi had with President Lazarus Chakwera in Tête last month when the Malawi leader visited that country. According to Maputo daily paper, the Noticias, the rehabilitation involves the Dona Ana-Vila Nova da Fronteira railroad network in the…

Tour company organises 360km walk from Blantyre to Lilongwe to raise funds for training of tour guides

November 14, 2020

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By Duncan Mlanjira A team of 10 are set to walk from Blantyre to Lilongwe — a distance of over 360kms from November 21-30 to raise funds that will be invested in the training and eventual certification of 100 tour guides across the country. The event has been organised by Paulendo Adventures, a Malawian tour company that aims at promoting tourism both local and international through travel, hiking and sustainability of the environment. Paulendo Adventures owner, Yangairo Yangairo said…