Business – Page 6 – Maravi Express – Your Kind of News. Clear and accurate.

Malawian marine law enforcement only notified after Tanzanian-registered speed boat went missing on Lake Malawi

July 27, 2026

* This comes two weeks after a Tanzanian cargo vessel carrying coal that sailed across Lake Malawi without prior clearance and was detained after attempting to dock at Monkey Bay Maravi Express A Tanzanian-registered speed boat, Makutuwima Cruise, belonging to businessman Andrew Makutuwima Nyirenda, was reported missing this morning on Lake Malawi after departing Mbamba Bay in Tanzania heading for Nkhata Bay, Malawi. Reports by Malawi News Agency (MANA) and ZBSNews quoted Chikosa Mkandawire — senior assistant surveyor of…

K1.77 billion in toll fees collected at Chingeni and Kalinyeke between April and June

July 26, 2026

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| Business, National, News

* Up from K1.13 billion during the same period in 2025, representing 56% rise in toll revenue to support Lilongwe-Blantyre M1 rehabilitation * Increase attributed to the toll fee adjustment introduced in January, but traffic volumes declined by 22% over the same period By Arthur Kaludzu & Barbara Mwandira, Malawi News Agency (MANA) The Roads Fund Administration (RFA) has recorded K1.77 billion in toll fees collected between April and June this year, up from K1.13 billion during the same…

Tanzania rehabilitating its Mbamba bay port in Nyasa District into a modern facility targeting economic activities to benefit Malawi and Mozambique

July 25, 2026

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| Business, International, News

* Among the expected development linked to the port is the introduction of MV Njombe vessel services, which will transport coal to Malawi * Referring to the Tanzanian vessel that was detained and later allowed to dock at Monkey Bay last week — carrying 1,100 metric tonnes of coal destined for Portland Cement in Balaka By Duncan Mlanjira Tanzania is rehabilitating its Mbamba Bay Port in Nyasa District, Ruvuma Region into a modern facility targeting economic activities to benefit…

Police storm MEC offices to interrogate individuals in connection with “incomplete and inconclusive audit report”

July 25, 2026

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| Business, Law Enforcement, National, News, Politics

* Whose preliminary audit queries has not yet been submitted by the Auditor General’s office since May 2026 * MEC contends that it has not been afforded the opportunity to review, respond to or clarify any matters that may have arisen during the audit process By Duncan Mlanjira It was reported on Friday, July 24, that there was tension at the Malawi Electoral Commission (MEC) offices in Lilongwe when Fiscal Police stormed the building while it was in a…

There is more to Othakarhaka Foundation’s social media post signing off; I Demand Access

July 24, 2026

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| Business, Education, National, News

* It’s more that a hashtag — it’s a direct link to the Foundation’s major development partner, US-based nonprofit organisation * Founded in 2019 by a group of passionate students from the University of Michigan — an inspiration that began in Malawi through Othakarhaka By Duncan Mlanjira Every so often, when Othakarhaka Foundation posts on its social media platforms of Facebook or LinkedIn, sharing stories about girls’ education, it signs off with the tag; I Demand Access. This is…

MUST signs MoU with Mulanje-based Othakarhaka Foundation

July 24, 2026

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* A strategic partnership advancing education, innovation, research, and community development * To focus on promoting digital skills, entrepreneurship, youth empowerment and sustainable development in Mulanje, Phalombe, Thyolo and surrounding communities By Duncan Mlanjira In recognition of the immense community development projects by Othakarhaka Foundation, Malawi University of Science and Technology (MUST) has officially signed a Memorandum of Understanding (MoU) with the Mulanje-based charity. Othakarhaka announced this on its official Facebook and LinkedIn platforms, saying this “marks the beginning of…

South Africa’s Don Consultancy Group develops inaugural Malawi Pressure Index

July 23, 2026

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The synopsis of the Malawi Pressure Index to be fully unveiled on July 31, 2026 * A new composite economic indicator developed to provide a simple, evidence-based assessment of the level of economic pressure facing Malawi * Designed in response to increasing global geopolitical uncertainty and its implications for Malawi’s economy * To be officially presented during a virtual platform session to be held on Friday, July 31, 2026 from 14h00-15h30 CAT By Duncan Mlanjira Don Consultancy Group (DCG)…

Investors advised to meticulously analyse companies’ business prospectuses before committing committing to their IPOs

July 23, 2026

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Market analyst Benedicto Bena Nkhoma * And where appropriate, consult a licensed investment adviser before making such an investment decision * Successful investing is not about following the crowd — it is about making informed decisions with patience, discipline and a long-term perspective * As Continental Holdings Plc is currently going through its IPO, marking the first sale of its shares to the public ahead of planned listing on Malawi Stock Exchange (MSE) By Duncan Mlanjira Before fully committing…

Malawi Government moves to address digital piracy

July 23, 2026

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| Business, Entertainment, Law Enforcement, News

* Digital piracy in Malawi was being sustained by a combination of technological, regulatory, financial and behavioural factors and Malawi was losing a lot of revenue through the vice * When we stream illegally, we deny production crews their pay, musicians their royalties, government its tax revenue and weaken the very industry we claim to support By Pempho Nkhoma, Malawi News Agency (MANA) Director of Government Communication Services, Deogratias Mmana states that a proactive step has been taken against…

PressCane producing durable construction hollow blocks from waste product generated after burning coal in boilers

July 23, 2026

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* While Ethanol by-product vinasse is being used as a raw material to produce organic fertilizer rich in potassium * Which can be used in sugarcane fields and also other cash crops like maize, tobacco, rice and others * As the company is constantly finding innovative ways to conserve the environment while providing the nation with energy needs and solutions By Duncan Mlanjira Chikwawa-based PressCane Limited — which early this year made headlines when its factory’s effluent discharge affected…