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Category: Business

Government signs financing agreement with World Bank’s IDA for the US$350m grant to support Mpatamanga hydropower storage project
June 27, 2025
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* The 300MW added capacity will fuel industries, create thousands of jobs, stabilise power supply in rural areas * And unlock Malawi’s potential as a regional energy exporter through the Southern African Power Pool—Energy Minister Matola By Duncan Mlanjira Minister of Finance & Economic Affairs, Simplex Chithyola Banda has hailed the World Bank for the US$350m grant to support Mpatamanga hydropower storage project that seeks to increase power generation capacity with an addition of 300 megawatts (MW) of power…

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Malawi secures full membership in African Telecommunications Union
June 26, 2025
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Daud Suleman (2nd right) and his delegation in Nairobi, Kenya * The move elevates Malawi’s participation in continental information and communication technology (ICT) policymaking and governance * This ratification reflects Malawi’s recognition of the critical role telecommunications play in economic and social development By Khumbo Kumaliza, MANA Malawi has reaffirmed its commitment to regional information and communication technology (ICT) development by officially submitting its Instrument of Ratification to the African Telecommunications Union (ATU) Constitution and Convention, transitioning from observer…

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Mwanza Kabaza operators pledge sanity on road use following signing cooperation MoU with Mwanza District Council
June 26, 2025
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Mwanza District Council officials, the police and motorcycle taxi operators leaders in group photo after signing MoU.— Picture by Cassandra Mangulama, MANA * But while all efforts are being done to reign kabazas in, traffic police mostly don’t stop them on the public roads to check whether they have all the requirement to ply along public roads * Even when quite visible that they are using unregistered motorcycles — most them not road-worthy — the traffic police ignore their…

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ESCOM appeals for support to combat vandalism of its infrastructure
June 26, 2025
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* Worrisome increase in the theft of sophisticated ESCOM components, including transformers, copper wire and conductor lines * An alarming trend that has led to power disruptions, compromising public safety and diminishing the quality of service provided to consumers By Nyandema Mhango, MANA Electricity Supply Corporation of Malawi (ESCOM) has called on people in the country to join forces in the fight against the rampant vandalism of electricity infrastructure, which has become a significant challenge for the company’s operations….

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Malawi needs strong political will supported by merit-based appointment approach to effectively addressing structural challenges of the economy—DCG Chief Economist Chifipa Mhango
June 25, 2025
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Chifipa Mhango * Malawi is at a crossroad in which the choice is either a path towards continued destruction or economic prosperity * To which the electorate has a key decision to make in the coming September 16 general elections By Duncan Mlanjira Leaders that will take over the Malawi government administration after the September 16, 2025 elections are being advised that to effectively address the structural challenges facing the country’s economy, it will need “a strong political will…

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Zomba District Council fails to enforce complete closure of Mpondabwino Bridge made in December
June 25, 2025
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* Malawi Engineering Institution’s recent assessment recommended it remains closed until remedial works are undertaken as it is not fit for use * This is in consideration of the safety of the public, who were using the bridge during MEI’s inspection in May * The City Council has chosen to mislead the general public by claiming that the Malawi Engineers Institute have not yet released their final report * Yet stakeholders, Zomba CSOs Network have copy of the report…

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Airtel Malawi offers rewards as incentive to the public to report on vandals of its fibre cable infrastructure
June 25, 2025
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* Let’s stand together to protect the lifeline that connects us all. It’s your network, your Airtel, your Faya — lets keeping it burning, let’s keep it safe By Duncan Mlanjira As vandalism of its fibre cable infrastructure continues to disrupt Airtel Malawi Plc on monthly basis, the country’s leading mobile phone, internet and mobile money service provider is pledging to reward any credible leads that can help identify the perpetrators to bring them to book. A public statement…

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Zomba CSOs Network calls on ACB to investigate possible theft and corruption over substandard construction of Mpondabwino Bridge over Likangala River
June 25, 2025
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* Constructed in 2021 at a cost of MK200 million, the bridge has been reduced to a death trap due to glaring structural failures * The defects are not only a technical failure but also a clear reflection of gross negligence, weak oversight, and possible corruption on the part of duty bearers for the project * This is a life-line for struggling small-scale businesses due to expensive transport of goods and services as a result of the broken bridge…

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Rev. Maulidi agrees with US envoy’s assertion of Malawi foot-dragging in prosecution of corruption cases linked to Sattar
June 24, 2025
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Sattar at the centre of it all * The Supreme Court of Appeal should have allowed the ACB to go through the evidence that the NCA gathered for it to determine whether they hold water or not as opposed to just throwing it away outright By Duncan Mlanjira All Africa Conference of Churches (AACC) Economic Justice, Transparency & Accountability champion in Malawi, Rev. Baxton Maulidi is in agreement with the observation made by US Embassy Chief of Mission, Amy…

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US asks China to stop Iran from closing one of the world’s most important shipping routes; Strait of Hormuz
June 23, 2025
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* Any disruption to the supply of oil would have profound consequences for the world economy * China in particular is the world’s largest buyer of Iranian oil and has a close relationship with Tehran * Oil prices rose following the US attack on Iranian nuclear sites, with the price of the benchmark Brent crude reaching its highest level in five months By Adam Hancock, BBC News & John Liu and Chris Isidore, CNN US Secretary of State Marco…

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