Business – Page 250 – Maravi Express – Your Kind of News. Clear and accurate.

I will not cry gender if capable women would fill up all CEO positions in all parastals — Charles Simango

October 12, 2020

By Duncan Mlanjira Revered seasoned journalist and social media commentator, Charles Simango, in his views on women rights advocates’ demonstrations against the under-representation of women in boards of directors of parastatals, believes in the representation by the best of the best based on their track record — and not on gender. “Yes, we can protest and do all we can to bring attention to the under-representation of women or any group of people in Malawi but that would be…

Corruption allegations involving LWB CEO Itaye risks derailing funding from EIB for construction of Lilongwe’s water treatment works

October 12, 2020

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By Duncan Mlanjira The European Investment Bank (EIB) has attached serious conditions in order to approve Malawi’s request made in May 2020 to increase financing of the construction of Lilongwe’s treatment works (TWIII) following corruption allegations involving Lilongwe Water Board (LWB) Chief Executive Officer, Godfrey Itaye. The EIB has written Ministry of Finance that it has considered the request to increase the financing of the project — under Lilongwe Drought Resilience Programme — from Euro12.5 million to Euro15 million….

Neno Councillor asks for road upgrade to match state-of-art technical centre that is to be built

October 12, 2020

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By Duncan Mlanjira Ministry of Youth & Sports is constructing four state-of-the-art community vocational training colleges in Neno, Karonga, Nkhotakota and Phalombe — whose official ground breaking was commissioned by Minister Ulemu Msungama on Saturday at Neno Boma. The project, funded through a MK2 billion loan and grant from the African Development Bank, is set to uplift the faces of the four communities — Ngara in Karonga, Mbandira in Nkhotakota, Naminjiya in Phalombe and at the Neno Boma. In…

NBS Bank, MPC in partnership for customers to access banking services in post offices countrywide

October 11, 2020

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| Business, News

By Tikondane Vega, MANA NBS Bank has partnered with Malawi Posts Corporation (MPC) by creating all post offices countrywide as banking agencies for people to access all their banking services. NBS Bank Chief Treasury and Globe Market Officer, Benedicto Nkhoma said the partnership between NBS Bank and MPC dates back to 2012, noting that MPC was its first partner and a first bank agent in Malawi. Nkhoma said the main objective for the partnership was financial inclusion — mainly…

COVID-19 could drive up to 40m in Africa into extreme poverty in 2020; Erasing 5 years of progress in fighting poverty

October 9, 2020

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The World Bank Driven by the economic fallout of the COVID-19 global pandemic, growth in sub-Saharan Africa is predicted to fall to -3.3% in 2020, pushing the region into its first recession in 25 years, according to the latest regional economic analysis — Africa’s Pulse: Charting the Road to Recovery. The pandemic could also drive up to 40 million people into extreme poverty in Africa in 2020, erasing at least five years of progress in fighting poverty. With over…

Simbi Phiri’s Khato Civils also undertaking huge water project in Botswana

October 8, 2020

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By Duncan Mlanjira Just like the Khato Civils water pipeline project from the Lake Malawi district of Salima to the Capital City Lilongwe, from which all the communities along the pipeline will benefit with clean and easily accessible water supply, the South Africa-based Malawian company is also undertaking similar project in Botswana from which about 700,000 people in Greater Gaborone are expected to benefit. The 12-month project in Botswana started on 1st May, 2020 with initial works such as…

One-stop border posts to enhance business — Chakwera

October 8, 2020

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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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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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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…