Business – Page 37 – Maravi Express – Your Kind of News. Clear and accurate.

CFTC orders Karson Investment Trust retain all local Shoprite employees who choose to remain employed as it authorises acquisition

September 29, 2025

* For employees opting to leave, Karson Investment Trust shall ensure their terminal benefits are honored in accordance with Malawi’s employment laws * Any post-merger restructuring must comply with Malawi’s employment laws and be conducted in consultation with the Commission. * Karson Investment Trust shall maintain Shoprite’s operational standards, including product diversity and shopping ambience By Duncan Mlanjira The Competition & Fair Trading Commission (CFTC) has authorised the proposed acquisition of business assets of Shoprite Trading Limited by Karson…

Illovo Sugar Malawi continue to set a good corporate citizenship; honours K21.1 billion tax remittance to MRA

September 27, 2025

| No Comments

| Business, News

Illovo’s Managing Director Ronald Ngwira (right) hands over the tax remittance to MRA’s Commissioner General Daniel Daka * Honouring of the tax remittance fulfils one of Illovo’s obligations across the full spectrum of taxes * Solidifying the company’s reputation for financial stewardship and unwavering compliance through timely and accurate payments By Victor Singano Jnr Illovo Sugar Malawi Plc has yet again demonstrated its commitment in contributing to the national development by continuing to be a trusted taxpayer after presenting…

Airtel Africa Foundation unveils plan for improving 10 million lives in Africa by 2030

September 27, 2025

| No Comments

| Business, Education, News

* We are not just donating resources, we are building a pipeline of talent and fostering innovation to ensure the global digital revolution leaves no African behind * This is a strategic, measurable commitment to unlocking the continent’s demographic dividend By Duncan Mlanjira Airtel Africa Foundation, the philanthropic arm of Airtel Africa plc, unveiled its plans to directly improve the lives of 10 million people across the continent by 2030 — a strategy that will be delivered through targeted…

The concept of sampling in statistics; the failure to listen

September 23, 2025

| No Comments

| Business, National, News, Politics

Peter Mutharika and his running mate Jane Ansah * Months before the election date, when surveys were being done that pointed towards a Peter Mutharika victory, the Malawi Congress Party did not listen to the message and suppressed it at all cost * When you see the outcome and reality of the results, the MCP is still suppressing the results. The culture in MCP has always been about covering the truth and allowing for pathological lying to prevail By…

Canal+ directly owns 46.0% shares of MultiChoice Group excluding treasury shares

September 22, 2025

| No Comments

| Business, Entertainment, News

* In addition, acceptances in respect of a further 9,767,641 (2.2%) of MCG shares, also excluding treasury shares) have already been tendered to Canal+ in terms of the Canal+ offer prior to the publication of the finalisation announcement * The acquisition of MCG by Canal+ marks the largest transaction ever undertaken by Canal+, cementing the combined Group’s position as a global media and entertainment company * The combined Group will serve more than 40 million subscribers across close to…

Chief Economist Chifipa Mhango proposes 11-point plan for RBM’s monetary policy framework setting a 12 months deadline

September 22, 2025

| No Comments

| Business, National, News

The Reserve Bank of Malawi * Malawi doesn’t need exotic tools — it needs credible commitment, a working foreign exchange market, disciplined liquidity, and fiscal backup * Get those four right, and inflation falls, reserves rise, and the policy rate can safely decline — unlocking investment and jobs By Duncan Mlanjira As the nation awaits the final declaration of the September 16 presidential election, Chief Economist for Don Consultancy Group (DCG) outlines a 11-point plan which the next administration…

Some advice to whosoever wins to form the next government

September 17, 2025

| No Comments

| Business, National, News, Politics

* Do not do a flamboyant swearing in ceremony, demonstrate prudent use of public resources — plan for a small function to be attended by those who matter most * Set your 100 days deliverables that can be reported quantitatively with evidence based By Duncan Mlanjira Social and economic commentator, Tawachi Mwasulama Kaseghe has given some advice that who wins the September 16 presidential election to form the next government, should not do a flamboyant swearing in ceremony, saying…

Government to purchase remaining farmers’ tobacco through SFFRFM

September 14, 2025

| No Comments

| Agriculture, Business, National

* SFFRFM has already commenced the process and is active on the tobacco auction floors * The Government recognises and highly values the immense contribution of the tobacco industry to the livelihoods of Malawian households and to the national economy By Duncan Mlanjira The Government, through the Ministry of Agriculture, has put in place arrangements to purchase farmers’ remaining tobacco that was produced in the 2024-2025 growing season following the slow down of sales at the tobacco auction floors…

Chief economist Chifipa Mhango highlights key factors to decide Malawi’s September 16 presidential election

September 12, 2025

| No Comments

| Business, National, News, Politics

* It will be a choice between economic progress and stagnation — the ability and capabilities of a leader that will grow the economy and create jobs * Especially for the youth and opportunities for women to participate in the economy, will be fundamental — considering that unemployment in Malawi affects this demographic more By Duncan Mlanjira With just few days left for Malawians to decide whom they should give mandate to steer the country from economic hardships they…

Chakwera earmarks Liwonde as a secondary city

September 12, 2025

| No Comments

| Business, National, News, Tourism

* As a dry port, connecting Malawi to Nacala, Liwonde positions itself as a hub for Malawi’s development * We had big companies here, but previous governments allowed them to collapse By Duncan Mlanjira, Maravi Express & Leonard Masauli, MANA President Lazarus Chakwera has described Liwonde Township as a critical point for national development, saying it has been earmarked as a secondary city to drive further economic growth in the Eastern and Southern regions. On his campaign whistle tour…