Business – Page 42 – Maravi Express – Your Kind of News. Clear and accurate.

Illovo Sugar Malawi hands over 10 houses it constructed for Cyclone Freddy survivors in Chikwawa

August 12, 2025

* Project initiated in January 2024 by former Presidents and President Lazarus Chakwera’s Goodwill Ambassadors, Joyce Banda and Bakili Muluzi * These homes represent safety, stability, and a fresh start for the families who will live in them—Illovo’s Nchalo Estate Manager, Ricky Pillay By Duncan Mlanjira Illovo Sugar Malawi Plc yesterday handed over 10 houses it has completed constructing that accompanies with 10 sanitary ablution facilities — all valued at K180 million for the benefit of families from Chikuse…

MACRA joining forces with universities to train skilled cybersecurity professionals

August 12, 2025

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| Business, Education, Law Enforcement, National, News

The ICT students that MACRA is reaching out at MUST * Launches cyber drills through which university staff and students will be better prepared to effectively handle real-world cybersecurity threats * In order to build a competent and cyber-resilient generation ready to defend the nation’s digital assets as they transition into the workforce By Duncan Mlanjira Malawi Communications Regulatory Authority (MACRA) is partnering with universities to train skilled cybersecurity professionals by launching cyber drills, through which staff and students…

2025 Financial Times Africa Summit in London to discuss impact of Trump policies amid Malawi reeling from Visa bond, USAID cuts

August 11, 2025

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| Business, International, News

* To be held under the theme; ‘Africa in a Changing World’, which will attract African Heads of State, policymakers, CEOs, investors, and next-generation entrepreneurs * To explore the continent’s global role in a period of geopolitical and economic uncertainty, and technological change * The dramatic changes to America’s foreign policy present challenges, uncertainties and risks for Africa By Duncan Mlanjira Financial Times, the global authoritative financial and economic publication announces that the 12th edition of its flagship Africa…

‘Christopher Kapanga was good corporate leader and a compatriot par excellence’

August 10, 2025

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| Business, National, News, Sports

* Profound tributes continue to pour in in memory of distinguished and accomplished financial service sector player, Chris-Tofa Kapanga, who passed on yesterday * Beyond his many accomplishments, he will be remembered for his humility, strategic foresight and belief in the power of partnership to create lasting impact * His legacy of integrity, innovation, and commitment will continue to inspire all who had the privilege of knowing and working with him By Duncan Mlanjira Christopher Ambrose Kapanga, who passed…

CDH Investment Bank named Best Investment Bank in Malawi by London’s Global Finance Magazine for the 12th time

August 6, 2025

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| Business, News

* This achievement is not ours alone — it belongs to our clients who trust us, our incredible team whose dedication drives our success, and all our stakeholders who continue to support our vision * From the very beginning, our mission has been to deliver financial solutions prioritising excellence, innovation, and unwavering integrity in the Malawi’s financial landscape * This award reaffirms that commitment and inspires us to reach even greater heights By Duncan Mlanjira CDH Investment Bank (CDHIB)…

Vice-President Usi clarifies on his bloated delegation to UN Conference on landlocked developing countries in Turkmenistan

August 6, 2025

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| Business, National, News

* Those who have brought up the news on social media are just doing their job to point at what seems not to be right * When travelling I get a proposed list of names from which I choose according to the needs of that particular trip * I approved names strictly, at least 10 and the other five are from administration. On Friday, people can go and check who is coming out of the plane By Vincent Khonje,…

FDH Bank Plc enters into a definitive agreement for acquisition of a controlling stake of 98.87% in Ecobank Mozambique

August 6, 2025

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| Business, International, News

* The transaction — which has received all the necessary regulatory approvals — “represents a significant milestone in FDH Bank’s regional expansion strategy * It enables FDH Bank Plc to extend its footprint in southern Africa, and is expected to deliver strategic benefits * Including market expansion; revenue diversification; operational synergies; and long-term value creation for stakeholders By Duncan Mlanjira FDH Bank Plc has is acquiring a controlling stake of 98.87% in Ecobank Mozambique SA after entering into a…

Even if trip to Turkmenistan was sponsored by an external party, Usi’s bloated entourage just demonstrates lack of responsibility at leadership level—Chifipa Mhango

August 5, 2025

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| Business, National, News

* No motivation on the table can justify an approval for such a delegation, and this raises serious concerns on the actual approving authority of this trip by Vice-President Michael Usi and the delegation, in relation to costs involved * Coming from a country ranked as one of the poorest countries on the planet, with an economy of US$11.3 billion as of 2024, and GDP per capital of just around US$558 or 0.4% of the global average GDP per…

Airtel Africa partners Xtelify to pioneer AI-powered customer platform for Telcom operations worldwide

August 5, 2025

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| Business, News

Gopal Vittal, Bharti Airtel vice-chairman and MD * This partnership marks a transformative leap in our mission to build Africa’s digital future—Airtel Africa’s Group Chief Information Officer, Jacques Barkhuizen * By harnessing Airtel’s AI platforms that have proven scale in India, we are not only simplifying our operations but also accelerating hyper-personalised experiences for our customers * In addition, this is Airtel leveraging Airtel – a powerful synergy that will drive sustainable growth, innovation, and unmatched value across our…

Interested parties and stakeholders have two more days to submit views to CFTC on the effect of acquisition of Shoprite on the market

August 5, 2025

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| Business, Law Enforcement, News

* As regards to competition, consumer welfare and the economy in general By Duncan Mlanjira Interested parties and stakeholders have two days left to meet the deadline of August 7 set by Competition & Fair Trading Commission (CFTC) to submit views on the proposed acquisition of assets of business from Shoprite Trading Limited to Karson Investment Trust. A public notice was issued on August 1, 2025 by CFTC Chief Executive Officer, Lloyds Vincent Nkhoma detailing that it received the…