Business – Page 63 – Maravi Express – Your Kind of News. Clear and accurate.

Chinese-owned company ordered to shut down operations in violation of thin plastics ban

February 23, 2025

| Business, Law Enforcement, National, News

* MEPA was on an inspection exercise on several plastic manufacturing companies in Lilongwe * While some manufacturers were found compliant, others were flagged for irregularities * MEPA has issued stop orders to the non-compliant companies, warning that production must remain halted until all standards are met By Donald Zimba, MANA Malawi Environment Protection Authority (MEPA), which has intensified its enforcement of the ban on thin plastics, found a Chinese-owned company, Qing Dao Industries in violation of the ban…

Where did Malawi lose it in as far as development is concerned?

February 22, 2025

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| Business, National, News

* “Multiparty — people chose freedom of kutukwana over development” * “Until plunderers came, democracy robbed us of all the good things we had” * “Democracy is not bad but when it’s been managed wrongly, it’s dispensation doesn’t bring its enterprising results” By Duncan Mlanjira “There was a time when Malawi stood tall — a nation of order, discipline, and pride,” writes marketer Emmanuel Maliro on his Facebook page. “We walked with confidence, knowing that systems worked, justice was…

‘IMF, World Bank technical assistance and financial aid have not resulted in successful economic transformation for Malawi’

February 21, 2025

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| Business, National, News

* Instead, this assistance has merely kept our economy in a state of near-collapse, fostering dependency rather than sustainable growth * There is need to do more as a country by not relying solely on advice or policies from IMF or the World Bank By Duncan Mlanjira Concerned Malawian economist, Thomas Ngoma observes that over the years, Malawi government administrations have relied on monetary policy advice from the International Monetary Fund (IMF) and the World Bank — but the…

‘Unscrupulous business people creating artificial scarcity of forex for their own greed to sell at crazy rates’

February 21, 2025

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| Business, National, News

* As concerned citizen Chepetsani Kazembe supports reports of RBM’s plans to crack down on those hoarding forex * If we are serious about fixing our economy, there should be no exceptions — we need to investigate even politicians and those in high places By Duncan Mlanjira Blantyre-based concerned citizen, Chepetsani Kazembe, strongly supports reports that the Reserve Bank of Malawi (RBM) plans to crack down on traders and individuals who are suspected to be hoarding forex in their…

Malawi’s inflation rate threatens RBM’s monetary policy direction as it rises to a 3-month high in January 2025–Chief Economist Chifipa Mhango

February 20, 2025

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| Business, National, News

The Reserve Bank of Malawi * Consumer price inflation rate rose to 28.5% year-on-year in January 2025, up from 28.1% in December — marking the highest rate in three months * According to National Statistics Office (NSO), the increase was primarily driven by rising food costs at 36.0%, a surge of 0.4% from the previous month * Which was attributed to increase in maize and its products, such as maize flour, alongside rice, bread, cooking oil, tomatoes, and other…

3 spots along Kasungu-Jenda M001 Road stretch to be temporarily closed for 30 minutes each tomorrow and Saturday due to road works blasting activities

February 20, 2025

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| Business, National, News

* Tomorrow, February 21st, are at Mposa from 09h00-09h30 and at Bowe from 13h00-13h30 * For Saturday, February 22, the spot is at Chamakala from 09h00-09h30 and 13h00-13h30 By Duncan Mlanjira The Roads Authority is alerting all road users that three spots along Kasungu-Jenda M001 Road stretch will be temporarily closed for 30 minutes each tomorrow and Saturday due to road works blasting activities by contractors, Mota Engil. This is Lot 2 on the M001 Rehabilitation and Widening Road…

South Africa Parliament postpones national budget session over ANC’s proposal to increase value-added tax

February 19, 2025

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| Business, International Sports, News, Politics

* The tax on goods and services which affects ordinary people at the shops * This year the ANC needs the support of other parties to pass the budget, as it lost its parliamentary majority Maravi Express A budget sitting of South Africa’s Parliament, scheduled for today, February 19, has been adjourned to March because of lack of agreement over the proposal by the ruling African National Congress (ANC) to increase value-added tax (VAT) by 2 percentage points. A…

The real State of the Nation that should have been presented was on the economy, challenges of fuel, forex, food scarcity, fertilizer among others—AFORD

February 18, 2025

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| Business, National, News, Politics

* The Ministers who presented wrong information for President Chakwera’s SONA exposes a lack of leadership in the country * By its very nature, the President Chakwera’s speech content was in no way reflective of the state of the Malawi nation currently * But rather a presentation of projects that do not even exist on the ground—AFORD President Enoch Chihana By Duncan Mlanjira In its response to President Lazarus Chakwera’s State of the Nation Address (SONA) made in Parliament…

President Chakwera’s assertion that he has delivered is “unacceptable”—Kabambe

February 18, 2025

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| Business, National, News, Politics

* To the leadership, this is a crisis time to put a crisis team to resolve this matter. To the president, this requires your immediate direction * You are condemning our people to suffering. The pain and suffering is real. In times like these leadership has to show up. * The buck stops at the President, therefore we expect action on the ground to save Malawians from their suffering By Duncan Mlanjira Presidential aspirant for the September 16 national…

Lilongwe City Mayor touts increased clean water and modern sewage access to residents

February 18, 2025

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| Business, Health, News

Mayor Sagawa outlining Lilongwe City’s plans * We are committed to improving the lives of our citizens, and sanitation is a critical aspect of this * Currently, only 5% of our population is served by gravity-fed piped sewerage systems * Leaving a significant portion of our residents without access to proper sanitation facilities By Tamara Chafunya in Kampala, Uganda At the African Water and Sanitation Association (AFWASA) International Congress in Kampala, Uganda, Mayor of Lilongwe City, Councillor Esther Sagawa, took…