SA company Fischer Consultants reportedly outsources MalTIS upgrading to compatriot system developer

A traffic document that is supposed to be processed through MalTIS * Fischer Consultants still clinging on to the system having failed to meet three deadlines since 2018 * Soon after Fischer was given the contract some four years ago it outsourced to one of Malawi’s top ICT companies *But soon after, Fischer dumped the Malawian company and engaged Movesa which is suspected to have Mozambique connection * DRTSS new spokesperson Ganizani Liwewe keeps stalling to confirm or deny…

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FDH Financial Holdings CEO William Mpinganjira amongst Reputational Poll International’s 50 most reputable bank CEO’s in Africa

Mpinganjira, on the list together with Moroccan billionaire banker Othman Benjellouna * He was appointed Group CEO for FDH Financial Holdings Limited in September 2020 * He is among the top executives who have done sterling work in revolutionising the banking sector * Also on the list are two other Malawian banking executives that include National Bank CEO, Macfussy Kawawa By Duncan Mlanjira At only 37 years of age, FDH Financial Holdings Plc Group Chief Executive Officer, William Mpinganjira…

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CIC Insurance hands back rehabilitated MPC Coach that was involved in road accident last year

CIC MD Mugwang’a presents the coach’s keys to Meke * The return of the coach will assist MPC to service further routes * We really appreciate the support that we have had from the public * We assure our valued customers of continued excellent services By Duncan Mlanjira Living true to its motto that it keeps its word, CIC Insurance Limited on Saturday handed over Malawi Post Corporation (MPC) intercity public commuter coach that the company paid for its…

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Castel Malawi selling historical head office admin building and Mzuzu depot

Maravi Express Castel Malawi says it has plans to build a state-of-the-art office complex which will have all befitting facilities and has gone ahead to advertise sale of the historical head office administration building at Makata Industrial Area in Blantyre. Also on sale is the Mzuzu depot to be replaced with a new premises, as according to an internal memo for members of staff issued by Human Resources Manager, Naomi Nyirenda.   Nyirenda told the staff that they had…

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16 graduate in third cohort of African Drone and Data Academy through MUST

Explaining a drone design by the graduands targeted for farmers * The training is being carried out in 23 African countries through partnership with UNICEF and US-based universities * The next cohort in a few weeks time shall involve 10 youths, five from Malawi and the others foreign * The African Union has taken African Drone and Data Academy as an excellent initiative in its 2063 Agenda * The Malawi2063 also has technology enhancement as one of its pillars…

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Malawi Institute of Internal Auditors set for annual conference as FDH Bank supports with K1.5m sponsorship

FDH’s Allans Nkhoma (right) presenting the sponsorship to IIAM president Ackson Banda Chipambano Mbewe FDH Bank has supported Institute of Internal Auditors Malawi (IIAM) by sponsoring K2 million towards the hosting of its annual conference scheduled for November 4-7 at Sun ‘n’ Sand Holiday Resort in Mangochi. Receiving the sponsorship on Wednesday at FDH Financial Holdings Head Office in Blantyre, IIAM president Ackson Banda applauded the Bank for the support, saying it will help them to have a successful…

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NEEF disburses K16.9 billion loans; K8.8 billion to 3,576 in women groups

By John Saukira National Empowerment Economic Fund (NEEF) has disbursed K16.9 billion to various groups with K8.8 billion going to  women from 3,576 groups and K3.9 billion to 1,474 youth groups. Speaking during a sensitization workshop on access to finance and NEEF products in Lilongwe, NEEF Board chairperson Jephter Mtema disclosed that they also disbursed loans amounting to K879 million to 438 payroll individuals. He said currently there is a good progress in as far as loan disbursement is concerned. Mtema said the workshop…

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MultiChoice Malawi celebrates 25th anniversary of enriching  Malawian lives; Launches ‘Sankha Wekha’ campaign

* The first-ever pay TV business in Malawi which was received with overwhelming positivity and excitement * The journey began as a joint venture between Malawian owned, Raise Limited and MultiChoice Africa Holdings * It has a national footprint comprising retailers, over 200 agents throughout the country and 58 accredited installers * In GOtv was launched, which provided unmatched quality content and value for money Maravi Express As part of celebrating half a century of enriching  Malawian lives through…

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More support from corporates towards ICAM Lake Conference as FDH Financial Holdings and LifeCo pump in a total of K7m

FDH’s Richard Chipezeani hands over the sponsorship to ICAM’s Chrissie Jere * Theme ‘Navigating the Tough Economic Terrain: Moving Forward Regardless of Challenges’ * The country’s Vice-President Saulos Chilima to be guest of honour at the Mother of all Conferences By Duncan Mlanjira FDH Financial Holdings and LifeCo Holdings Limited joined the support towards the successful hosting of Institute of Chartered Accounts of Malawi (ICAM) annual Lake Conference at Sun ‘n’ Sun Holiday Resort in Mangochi by injecting a…

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MERA set to announce fuel price increase

* The landed costs of petrol has increased by 20.44%, diesel by 12.03% and paraffin by 12.23% * Landed costs of petroleum prices are determined by the international market and the exchange rate * As at September 7, 2021 the Price Stabilization Fund averaged K1.5 billion against the recommended minimum of K5 billion By Duncan Mlanjira Malawi Energy Regulatory Authority (MERA) has announced that it is reviewing current trends of the international market and other economic factors to determine…

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