Category: Business

By Daniel Namwini, MANA The on-going construction of Grand Business Park in Lilongwe will help create over 1,500 direct jobs and 2,000 indirect job opportunities to youths and local people in Malawi. Deputy Minister of Lands, Abida Mia said this on Tuesday when she visited the Chinese project at Area 46 along the Western By-pass road in Lilongwe. The cost of construction of the park is estimated at K73 billion (USD100 million) and Mia said the investment has a…

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By Duncan Mlanjira & Tione Andsen Opposition Leader Kondwani Nankhumwa told Parliament on Monday that foreign reserves are fast dwindling under the Tonse government than it was under the Democratic Progressive Party (DPP) rule and yet this is just not more than four months into the new government. This is in stark contrast to the professional observation made by Malawi Chambers of Commerce and Industry (MCCI) chief executive officer, Chancellor Kaferapanjira during the two-day National Development Conference held in…

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By Duncan Mlanjira The Roads Authority has described as untrue the allegations that the Human Rights Defenders Coalition (HRDC) highlighted so that the Anti Corruption Bureau (ACB) should investigate detailing some irregularities for construction of 10 road projects mainly in the Southern Region. HRDC alleged that the Roads Authority made some payments out of Treasury during the campaign period for the fresh presidential election on the pretext that the money would be advance payment to contractors. The letter, dated…

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By Duncan Mlanjira In his analysis of President Lazarus Chakwera’s first State of Nation Address (SONA) made in Parliament on Friday, social commentator, Edgar Kapiza Bayani said he summarily sees the SONA as having missed the opportunity to postulate a candid vision to accelerate access to clean electricity for Malawians — based on the Tonse promises. As a community energy sector player, Bayani says in general the country’s leadership seems still obsessed with “big” energy projects, ignoring other equally…

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By Duncan Mlanjira The Human Rights Defenders Coalition (HRDC), has written the Anti Corruption Bureau (ACB) detailing some allegations that the Roads Authority made some payments out of Treasury on the pretext that the money would be advance payment for construction of 10 road projects mainly in the Southern Region. The letter, dated 3rd September, 2020 addressed to ACB Director General Reyneck Matemba, alleges that during the campaign period for the fresh presidential election. HRDC alleges that the total…

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By Duncan Mlanjira Maravi Asian Development Association (MADA), that represents minority businesses in Malawi, have also denounced the draft Public Procurement and Disposal of Public Assets (Administration of Preferential Treatment) Regulations 2020, describing it as unconstitutional. MADA has joined some concerned citizens, who have also written a petition to the PPDA to remove the expression that states that all bids submitted for national competitive bidding must give preference to 60% Indigenous Black Malawians and 40% to others, describing the…

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