Chakwera hails SA Government for softening trade agreements

By Lisa Kadango, MANA in Pretoria President Lazarus Chakwera and his South African counterpart, Cyril Ramaphosa have hailed the gesture demonstrated by the two countries which they said has been shown by a heavy interest by both countries in boosting trade ties between the two countries. The two leaders made the remarks during a bilateral meeting on Friday hosted by President Ramaphosa in Pretoria, South Africa. Chakwera is on a two-day official visit to the Rainbow country and he…

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BWB CEO brands whistleblowers as disgruntled employees

By Duncan Mlanjira In his response to the allegations leveled against him that came from the Ombudsman, Martha Chizuma on some irregularities at Blantyre Water Board (BWB), chief executive officer (CEO), Daniel Chaweza says the allegations are based on malice aimed at damaging someone’s personal reputation. “This is coming from one or two disgruntled people who wish to settle a score by using your office,” Chaweza said of the irregularities of nepotism, tribalism, abuse of office, maladministration and irregular…

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MRA commences execution of amended tax laws from November 3

By Duncan Mlanjira Malawi Revenue Authority (MRA) has announced that it has commenced to execute the Taxation (Amendment) Act and the Value Added Tax (Amendment) Act which have been published in the Malawi Government Gazette on November 3, which President Lazarus Chakwera assented to on October 31. As presented in Parliament in September by Minister of Finance, Felix Mlusu, the monthly taxable income rates has been confirmed at 0% for first K100,000 while 30% is from K100,001 to K2.9 million…

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ACB warns civil servants against corruption

By Lusayo Singogo, MANA Malawi’s Anti-Corruption Bureau (ACB) Tuesday challenged public servants to change their attitude and take a leading role in fighting corruption in order to improve the welfare of people and develop the country. Officials made the remarks during a sensitization meeting with civil servants at Capital Hill in Lilongwe after holding a parade across the city which marked the launch of the annual Anti-Corruption Awareness month starting from November 9 to December 8. ACB Director, Reyneck…

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Internal auditors are the conscience of any organisation—Chilima

By Kondwani Magombo, MANA State Vice-President, Saulos Chilima Friday called upon companies and organizations to recognize internal auditors as a very crucial and not just as box tickers, or mere checkers, saying the conscience of an organisation. He made the call when he officially opened the 20th Annual Conference for the Institute of Internal Auditors at Sun ‘n’ Sand in Mangochi adding that many organizations in the country are yet to embrace the idea of having internal audit function,…

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Airtel Malawi encourages customers to engage it directly for services that best suit their needs

By Duncan Mlanjira Following concerns recently raised by Airtel Malawi consumers on social media, the mobile and internet service provider is encouraging its customers to contact its support team directly to ensure its products and services best suit their needs. Airtel says it welcomes any feedback from customers as that helps to understand how they can do better and ensure working with the relevant authorities, where necessary, to resolve any issues or concerns. Last week, one of Airtel’s customers,…

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NBS Bank refutes social media reports that its customers’ accounts have been hacked

* The Bank has stringent security protocols to ensure protection of depository’s funds By Duncan Mlanjira NBS Bank has denied reports circulating on social media that hackers have infiltrated into its systems and stolen millions of money and confidential information of its clients that include companies and NGOs. The reports say the hackers obtained bank accounts and transaction information of over 20,000 accounts. But the Bank says it is aware of the allegations but strongly refutes, saying it has…

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RBM denies Mpatsa Holdings‘ shareholding acquisition in MyBucks Bank

By Duncan Mlanjira The Reserve Bank of Malawi (RBM) is reported to have not approved Mpatsa Holdings intention to acquire 49% shareholding in MyBucks Banking Corporation on the grounds that Mpatsa only has fixed assets which may not be liquidated quickly should there be need in the near future to provide additional support to the bank. However, a statement from Mpatsa questions if this is a criteria for one to invest in a financial institution, saying it has never…

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Pictorial focus on woes faced by truckers on Chipeta Road stretch

Northern part of M1 Road is the channel for development into the country as goods including fuel, newly-bought cars, food stuffs and clothes find their way in Malawi from Tanzanian ports. However, despite playing this important role, the road continues to deteriorate into bad shape and many goods, property as well as lives have been lost. Malawi News Agency photojournalist Gracian Jeke took pictures to depict difficult moments road users face on the road in Chiweta terrains between Rumphi…

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