Business – Page 246 – Maravi Express – Your Kind of News. Clear and accurate.

One-stop border posts to enhance business — Chakwera

October 8, 2020

| Business, International, National, News

By Pauline Kaude, MANA in Dar es Salaam President Lazarus Chakwera has disclosed that government plans to establish one-stop border posts in the country’s borders to ensure smooth running of businesses with neighbouring countries. Speaking soon after holding bilateral talks with his Tanzanian counterpart, John Pombe Magufuli, at State House in Dar es Salaam, Tanzania where he is on a two-day state visit, the President said the one-stop border posts will help facilitate movement of people and services much…

Lawyer Sunduzwayo Madise calls on City Councils to ban deafening public address advertising system in residential areas

October 3, 2020

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| Business, National, News

By Duncan Mlanjira Lawyer Sunduzwayo Madise has been joined by other members of the public asking if City Councils should ban deafening advertising style used through public address systems in residential areas, describing it as unnecessary noise pollution. Madise, who resides in Zomba City where he is working as a law academician at the Chancellor College (Chanco) posted on Facebook of his concerns, saying he felt aggrieved having to be woken up on Thursday night around 10pm to “some…

LWB pledges better water services once World Bank-sponsored is completed

October 1, 2020

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| Business, National, News

Maravi Express Lilongwe Water Board (LWB) has pledged that it will soon be able to meet the high demand for water supply in the Capital City once the World Bank-sponsored Lilongwe Water and Sanitation Project (LWSP) is completed. Lilongwe City has a population of over 1.2 million and the Board currently serves about 85% of that population because it uses old system. Speaking when the board organised media tour on Wednesday, assistant public relations officer, Maurice Nkawihe said Malawi…

Malawi officially launches agriculture policy advancement and transformation institute

October 1, 2020

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| Agriculture, Business, National, News

Maravi Express Malawi Agriculture Policy Advancement and Transformation Agenda (MwAPATA) Institute, an independent agricultural policy think tank formed in 2019, has officially been launched at a grand event that took place at Bingu International Convention Centre (BICC) in Lilongwe on Thursday. Speaking during the function, which was presided over by Minister of Agriculture Lobin Lowe, MwAPATA Board chairperson and advisor Richard Mkandawire described the launch as a milestone, saying the institute will help to support home grown policy generated…

NICO Group and its SA business partner Sanlam donate hospital equipment to 3 Malawi central hospitals

October 1, 2020

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| Business, Health, National, News

Maravi Express South African company, Sanlam Group joined its Malawi business partner NICO Group, to further support government’s fight against COVID-19 pandemic by donating medical equipment to three of the country’s referral hospitals — Kamuzu Central (KCH), Mzuzu Central (MCH) and Queen Elizabeth (QECH) — worth K44 million. The donation, done through the Ministry of Health, answers calls to corporates and other stakeholders to assist in the COVID-19 fight and it follows several drives that NICO Group has undertaken…

MEDF rebrands to NEEF: New loans to be disbursed soon

September 30, 2020

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| Business, National, News

By Duncan Mlanjira The Ministry of Finance says the Malawi Enterprise Development Fund (MEDF) has rebranded to National Economic Empowerment Fund (NEEF) Limited and is ready to start disbursing loans soon to all illegible Malawians using new loan application forms that will be distributed free of charge. A statement from the Secretary to the Treasury, Chauncy Simwaka says this follows the announcement made by Finance Minister Felix Mlusu during his presentation of the 2020/21 Budget Statement in Parliament in…

Wildlife conservation not spared in the containment of COVID-19

September 30, 2020

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| Business, Health, National, News

Maravi Express As the world continues to grapple with the COVID-19 pandemic, it has never been more important to have in place measures to mitigate the impact of the pandemic to ensure that wildlife as well as its environments’ protectors are equally taken care of. Thus in its resolution to support its staff on the frontline of its projects around the world, the International Fund for Animal Welfare (IFAW) hosted a ‘Voices From The Field’ webinar with senior…

High Court sustains forfeiture of over K120m funds for Ideal Stationery

September 30, 2020

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| Business, Courts, National, News

By Duncan Mlanjira The High Court in Lilongwe has ruled that K120,917,295.60 that the Financial Intelligence Authority (FIA) ordered National Bank of Malawi to freeze an account of Lucy Rachael Sukali (trading as Ideal Stationery) be maintained and that the forfeited funds should be put in the Confiscation Fund. Judge Charles Mkandawire ruled this forfeiture in pursuant to section 74(1) (b) of the Financial Crimes Act as the transaction of the said funds constitutes proceeds of crime. Facts of…

HIDCO realigns itself after tremendous growth of the first-ever housing cooperative

September 25, 2020

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| Business, News

By Duncan Mlanjira Housing Investment and Development Cooperative (HIDCO) has made tremendous growth in just a year of its existence and has since aligned itself strategically by making several management changes and appointments. Its membership has grown from 31 in December 2019 to 53 in August 2020 while shares have more than doubled from K26 million to over K63 million. Its assets have also grown from K42 million to K116 million while net profit has grown from K14 million…

Conflicting reports on businessman who died in hands of MRA officers at Songwe Border

September 24, 2020

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| Business, National, News

By Duncan Mlanjira Angry business persons from Mzuzu and Lilongwe took a coffin having the remains of business person, Denis Katsache to Malawi Revenue Authority (MRA) offices in Mzuzu in protest that the man died when his blood pressure went up following allegations of harassment by MRA officers. Reports on social media quoting the businessman’s friends indicate that late Katsache entered Malawi through Songwe Border in Karonga with a truck full of drinks from Tanzania and is alleged to…