Business – Page 251 – Maravi Express – Your Kind of News. Clear and accurate.

Malawi’s agricultural commercialization project gears up to help create much touted 1 million jobs

August 21, 2020

By John Saukira Agricultural Commercialization Project of Malawi (AGCOM) says it is committed to ensure implementation of Government effort in the creation of the much touted of 1 million jobs promised by the Boma Lokomera Tonse aMalawi AGCOM coordinator Teddie Nakhumwa, said this in Lilongwe during a press conference, saying his project is aimed at transforming small scale farmers to commercial ones. “When we talk about creation of jobs this is possible because on average we have 100…

Airtel, MoneyGram partner to enable 19m Airtel ustomers to receive money directly into mobile wallets

August 20, 2020

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Maravi Express MoneyGram International Inc, a global leader in cross-border P2P payments and money transfers, on Thursday announced a new partnership with Airtel Africa PLC, to enable Airtel Money’s 19 million customers to quickly and conveniently receive MoneyGram transfers directly into their mobile wallets from family and friends around the world. Once Airtel Money customers receive the funds, they can be accessed immediately and used to pay utility bills, goods and services, transferred to other individuals, or converted to…

Pension Act Amendment Movement believes current Act technically antagonistic to job creation for youths

August 20, 2020

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By Duncan Mlanjira Pension Act Amendment Movement is asking Parliament when it convenes next month to amend the Pension Act of 2010, which it finds to be technically antagonistic to the idea of creating more jobs for the youth since older employees cling on to their jobs in order to clock mandatory retirement age of 60 years. The movement says Pension Act of 2010 is important in a number of ways, however, it strongly needs amendment so that it…

Castel Malawi imposes tough hygiene and security measures; eating, drinking prohibited

August 20, 2020

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By Duncan Mlanjira Castel Malawi has imposed tough disciplinary, hygiene and security measures on its employees which include banning eating and drinking at workstations, production areas or even in vehicles. Approved by Managing Director, Herve Milhade the memorandum that each employee has received and is expected to be signed by everyone as acknowledgement, says eating and drinking at workstations is against the company’s health and safety regulations. “Eating must be done in designated eating areas or outside the vehicle…

NICO General launches ‘Yafewa’ third party motor vehicle insurance

August 20, 2020

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By Duncan Mlanjira NICO General has launched ‘Yafewa’ third party insurance as a way of providing an affordable coverage for motor vehicle owners. This product will enable customers to pay K70,900, covering third party motorists in the case of an accident. NICO General Chief Executive Officer, Donbell Mandala said Yafewa’ third party motor vehicle insurance is a convenient and easily accessible product. “At NICO, we understand that the current state of the economy provides a challenge to our customers,”…

Chiradzulu has potential to boost tourism through John Chilembwe

August 16, 2020

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By Linda Likomwa, MANA Chiradzulu District has the potential to boost the tourism industry by marketing rich historic site, Providence Industrial Mission (PIM), high was founded by John Chilembwe — the first Malawian to fight colonial oppression and fight for Malawi’s freedom in 1915. Chiradzulu District Commissioner, Reinghard Chavula said this when Minister of Local Government and Rural Development, Lingson Belekanyama made a familiarization tour of Chiradzulu Council over the weekend, saying PIM has that potential to attract worldwide…

Tax fraud amidst COVID-19

August 16, 2020

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Analysis by Donasius Pathera The COVID-19 pandemic has affected the global economy and Africa is currently bleeding profusely. So many companies are registering revenue losses and job losses have now become the order of the day. Some governments have decided to partially own companies that are crucial to their economies. Such partial ownership can be in a form of injecting money into the firms or the hiring of experts to rescue the firms from downfall. However, what African governments…

Rotary Club of Blantyre engages public to procure face masks for market vendors

August 13, 2020

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By Duncan Mlanjira The Rotary Club of Blantyre recently inducted its new resident, Augustine Banda, who is Multichoice Malawi’s managing director and also swore in a new Board which has identified the COVID-19 pandemic as its main area of focus in the year 2020/2021. The first assignment is to procure over 1,000 face masks to be given to Blantyre Market vendors to protect themselves as well as the multitude of customers that patronise this popular market. The fundraising drive…

Chambo Fisheries seeks government intervention in its expansion drive

August 12, 2020

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By Elijah Phompho Chambo Fisheries, located at Misesa along the Thyolo Road soon after Limbe which opened its doors in 2011 to breed Chambo tilapia fish, has appealed for government’s assistance in its expansion drive in order to meet the overgrowing demand for Malawi’s most loved fish both on the local and international market. In an interview, Chambo Fisheries’ farm manager, Al Amin said the demand for fish in the country keeps increasing as stocks in Lake Malawi continue…

Mining Minister Gaffar visits illegal miners in Machinga

August 12, 2020

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By Robert Nayeja and Patrick Ndawala, MANA Minister of Mining, Rashid Gaffar visited people engaged in illegal gold mining in Busiri River in traditional authorities Liwonde and Nsanama in the district where over 800 people are engaged in gold mining. The visit was to assure the illegal miners that government would guide them to follow proper procedures so that they carry out their mining activities legally and freely. “I have learnt that people here have built houses and paid…