Category: Business

Maravi Express Some serving and retired officers from both the private sector and the civil service, calling themselves Pensions Act Amendment Movement (PAAM), have petitioned Minister of Labour to consider amending the Pension Act of 2010. The petition dated July 22, 2020, has been copied the Speaker of Parliament, Human Rights Defenders Coalition, Malawi Congress of Trade Union, Youth and Society and Malawi Human Rights Commission. It says much as the Pension Act of 2010 is important, it however,…

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By Duncan Mlanjira After newly-appointed Minister of Information, Gospel Kazako’s plea to Malawi Communications Regulatory Authority (MACRA) to ask mobile service providers to reduce data charges, Airtel Malawi has issued a statement that it is taking an engagement approach on the matter. A press statement addressed to its customers on its official digital platforms from Managing Director, Charles Kamoto says they have engaged an approach with relevant authorities so that the debate and consequent decisions around data pricing should…

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By Duncan Mlanjira Electricity Supply Corporation of Malawi’s power substation at Phombeya in Balaka is earmarked to be upgraded for possible power interconnection with Mozambique and Zambia. This was disclosed on Wednesday when newly-appointed Minister of Energy, Newton Kambala visited the substation which is situated along the Blantyre-Lilongwe Zalewa road. ESCOM’s acting director of distribution, Masauko Mula said Phombeya is one of their main substation from power generating plant at Nkula in Neno District. He appraised the Minister of…

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Maravi Express President Lazarus Chakwera has approved the appointment of Board Members for the Reserve Bank of Malawi (RBM) and Malawi Revenue Authority. RBM Governor himself, Dr. Wilson Banda is the chairperson of the executive committee together with deputy governors and Secretary to the Treasury while non executive members are Randson Phillimon Mwadiwa, Justice Elton Mawina Singini, Nikita Kambili Mzembe, Miriam Wemba, Dr. Maxwell Mkwezalamba. MRA Board has NICO Holdings Managing Director, Vizenge Kumwenda as chairperson whose members are…

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By Duncan Mlanjira Muslim Youth United, a philanthropy arm of Muslims in Malawi, on Wednesday night went on a donation spree along the streets of Limbe and Blantyre handing out warm clothings to whichever night security guard they found at business premises. On an appropriately very chilly night starting from 21:00hrs, the group donated blankets, thick jackets, socks and woolen hats as a gesture of appreciation for the role they play in securing the business premises from which all…

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