Business – Page 59 – Maravi Express – Your Kind of News. Clear and accurate.

Illovo Sugar partners CRS in prototype designing of affordable and durable houses in Chikwawa

March 28, 2025

* The thriving homes and communities project was aimed to pilot innovative designs, materials and construction techniques * With the intent to demonstrate durable and resilient housing that meets Malawi national housing standards based on Safer House Construction Guidelines By Duncan Mlanjira Illovo Sugar Malawi Plc’s Thriving Community Foundation, in partnership with international NGO, Catholic Relief Services (CRS) and Ministry of Lands collaborated to design affordable and durable houses, which have been successfully tested and built as prototype demonstrations…

Mudi SACCO CEO Triza Magreta nominated for Women Achievers Africa’s Country Reps Impact Award 2025

March 25, 2025

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| Business, National, News

* The Women Achievers Africa Country Reps are more than just representatives — they are change-makers and community builders * Their efforts in advancing women’s leadership, economic empowerment, addressing gender inequalities and gender based violence deserve to be recognised and celebrated By Duncan Mlanjira Mudi Savings and Credit Cooperative (SACCO) Chief Executive Officer (CEO), Triza Magreta has been nominated for Women Achievers Africa’s Country Reps Impact Award 2025, a recognition dedicated to celebrating the outstanding contributions of Women Achievers…

Bharti Airtel vice-chairman & MD Gopal Vittal elected as new chair of GSMA Board

March 25, 2025

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| Business, International, News

* Only the second Indian to chair the prestigious telecom industry body after Sunil Bharti Mittal * Appointment also highlights the critical role of Airtel in the global telecom industry with operations in 14 countries across sub-Saharan Africa By Duncan Mlanjira The Board of Directors of GSMA — the global organisation that unifies the mobile ecosystem to discover, develop and deliver innovation foundational to positive business environments and societal change — has elected Bharti Airtel vice-chairman & Managing Director,…

High soybean prices in Zambia and Malawi may make chicken costly too: lack of competition is to blame

March 20, 2025

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| Agriculture, Business, News

By Arthur Khomotso Mahuma, Namhla Landani, University of Johannesburg * Published by theconversation.com on March 18, 2025; https://theconversation.com/high-soybean-prices-in-zambia-and-malawi-may-make-chicken-costly-too-lack-of-competition-is-to-blame-250322 * Soybean pricing and production dynamics have been challenging for Zambia and Malawi, threatening poultry production in the region Poultry is one of the cheapest protein sources for the growing population of the east and southern Africa region. That makes soybeans critical to food security in the region, as they are an important input in chicken feed. Soybean pricing and production…

ADMARC Limited managing maize sales under controlled procedures to prevent bulk purchases

March 19, 2025

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| Agriculture, Business, National, News

* Also implementing rationing measures to ensure fair distribution in its commitment to fairness, transparency and corrective action * Chiefs, church leaders, village development committees, NGOs and the police overseeing transactions and to report discrepancies By Duncan Mlanjira Having noted with concern reports of malpractices in maize purchases and sales, ADMARC Limited says it is managing its maize sales through the marketing department under controlled procedures to prevent bulk purchases. In a statement, ADMARC Limited Chief Executive Officer, Daniel…

New Malawian-owned gaming firm ‘Zonse Lotto’ launched in town; unveils Zeze, Nya Uyu as brand ambassadors

March 19, 2025

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| Business, Entertainment, News

* Providing products such as Male Powerball, Extra Raffle, Kanda Scratch Cards, Kwacha Fortune and 6/40 Kash * Which are available in its platforms where gaming players will have opportunity of choosing a game of their choice By Victor Singano Jnr Gaming industry continues to grow in the country as a new company named Zonse Lotto, owned by Malawian citizens, has become a newly-born baby in the sector having officially been launched in Blantyre. The Zonse Lotto company, which has since…

Standard Bank Plc injects over MK320 billion into the Malawi economy

March 19, 2025

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| Agriculture, Business, National, News

Chief Executive Phillip Madinga * Through taxes to government, agriculture and infrastructure projects — competing for the lion’s share of the funding * The bank will also invest about US$100 million into the tobacco sector this year to promote manufacturing exports and help invigorate forex generation By Duncan Mlanjira Standard Bank Plc has announced that it has injected over MK320 billion directly into the Malawi economy through taxes to government, agriculture and infrastructure projects — competing for the lion’s…

AACC’s Economic Justice & Accountability Champion, Rev. Maulidi reports to Police on death threats he is receiving from unknown people

March 18, 2025

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| Business, Law Enforcement, National, News, Religion

Rev. Maulidi at an international conference on fight against corruption organised by the African Union * The criminal intimidation is because of him being in the forefront advocating the fight against corruption and bad governance, that includes lack of transparency and accountability * The threats started last year from mobile phone calls, which register ‘private number’ as hidden identity By Duncan Mlanjira The Church of Central Africa Presbyterian (CCAP) Blantyre Synod’s Deputy General Secretary, Rev. Baxton Maulidi — who…

Trade Minister Mumba defends restriction order on importation of food items and other goods that are locally produced in Malawi

March 18, 2025

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| Business, Law Enforcement, National, News

* The restriction is designed to safeguard our economy during this challenging period * It is a strategic move to create an environment where local businesses can thrive without the immediate pressure of foreign competition * Malawi is not alone in adopting such measures as Botswana imposes restrictions on vegetable imports during its harvest season to ensure local farmers have access to the domestic market By Gift Chiponde, MANA & Maravi Express Minister of Trade & Industry, Vitumbiko Mumba…

Vivo Energy Malawi revitalises ‘ENGEN 1-Card’ new digital wallet for use at all ENGEN filling stations

March 18, 2025

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| Business, News

* Offers customers convenient and secure system of payment for fuel and lubricants without using cash * Providing seamless experience for both retail and corporate clients making it hassle-free, safe and secure By Duncan Mlanjira In order to empower motorists with better financial management, allowing them to track spending, set limits and prevent unauthorised use, Vivo Energy Malawi (VEM) has revitalised its Engen 1-Fuel Card as an innovative digital wallet for purchase of all fuel and lubricant needs at…