Category: Business

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…

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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….

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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…

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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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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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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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