Category: Business

By Duncan Mlanjira Concerned citizens have written a petition to the Public Procurement and Disposal of Assets Authority (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. The concerned citizens, who are of Asian origin, coloureds, whites and people living with albinism, contend that the wording ‘Indigenous Black Malawians’ that is in the circular borders on racism. The petition says: “In…

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By Duncan Mlanjira President Lazarus Chakwera told Parliament on Friday in his first State of Nation Address (SONA) that the country’s economic growth measured by the Gross Domestic Product (GDP), is projected to fall to 1.9 percent in 2020 from an initial estimated growth rate of 5.5 percent for the year compared to the 5.0% growth rate achieved in 2019. He attributed this as due to the impact of political uncertainty and instability, occasioned by the rigged elections of…

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By Duncan Mlanjira President Lazarus Chakwera’s Tonse Alliance-led government has embarked on a job creation initiative which was promised for one million jobs in their first year in office promised during the fresh presidential election, Chakwera said to realize this, government has and are treating the creation of a conducive environment for further job creation as an ongoing and multi- sectoral effort. “We are currently consulting with and collecting data from key stakeholders for use in our ongoing assessment…

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Maravi Express Malawi Revenue Authority (MRA) has announced some management changes that has seen two deputy commissioners being transferred ministries of Trade and Industry respectively. A statement from Commissioner General John Biziwick, indicates that Patrick Kachingwe, who was deputy commissioner Operations in Customs and Excise Division has been second to the Ministry of Trade as MRA’s liaison officer in the ministry. Ellard Maluwa, who was deputy commissioner, Business Support in Customs and Excise Division, has been seconded to the…

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By Duncan Mlanjira The absence of the Board of Directors for Malawi Energy Regulatory Authority (MERA) can trigger serious fuel pricing upwards as the COVID-19 curve is flattening. This was observed on Monday when Consumer Association of Malawi (CAMA) and the MERA secretariat engaged the media on the trends that are involved in the fuel pricing mechanism and the role that MERA plays. Using Automatic Pricing Mechanism that involves global fuel pricing trends, MERA’s Liquid Fuels & Gas Pricing…

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