Business – Page 66 – Maravi Express – Your Kind of News. Clear and accurate.

Customs clearing agents already trained to be in common denominator with MRA’s new innovation of e-Tariff system

February 1, 2025

Commissioner for Customs & Excise, Cornelius Kakwesa * Simple, efficient and easy platform for clearing of goods and cargo tracking for importers and exporters * We are committed to ensure that our services are advanced to minimise time spent in using paper manuals By Duncan Mlanjira At the launch of the electronic tariff (e-Tariff) system yesterday, Commissioner for Customs & Excise for Malawi Revenue Authority (MRA), Cornelius Kakwesa, assured the country’s importers and exporters that registered clearing agents have…

45 Chiradzulu women graduate in tailoring and design training funded by MRF-UK and Issa Foundation

February 1, 2025

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* As the two organisations continue in imparting vocational skills for Chiradzulu towards self-reliance, financial independence and economic empowerment * When a woman is equipped with skills, knowledge and opportunities, she becomes a force for economic growth and social change By Duncan Mlanjira One of the country’s most innovative and true to its word, Malawi Relief Fund (MRF)-UK, in conjunction with major donor, Issa Foundation, has graduated 45 women based in Chiradzulu in tailoring and design training. This is…

ESCOM rolls out second tranche of electricity tariff increase by 16%

February 1, 2025

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* The four-year base tariff which was approved by Malawi Energy Regulatory Authority (MERA) in September 2023 * Assures that the tariff adjustment would significantly help improve their services in its commitment to serve customers better By Duncan Mlanjira With effect from today, February 1, Electricity Supply Corporation of Malawi (ESCOM) has increased its electricity tariff by 16% across all customer categories. A public notice from ESCOM management reminds its customers that this is the second tranche of the four-year base…

MRA continues with its digital modernisation by introducing electronic tariff system

February 1, 2025

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MRA Board member, John Kamanga highlighting measures done and launching the new innovation * Launched on the commemoration of International Customs Day 2025, under the theme; ‘Customs Delivering on its Commitment to Efficiency, Security, and Prosperity’ * Previous innovations include upgraded ASYCUDA World system; data exchange with Tanzania and Zambia; cargo tracking system; smart border gates and one-stop-border post * We are not only celebrating the invaluable role customs plays in fostering economic growth, safeguarding our national borders, and…

Airtel Africa Plc delivers an improvement in both operating and financial performance in the last quarter

January 30, 2025

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* Driven by its refined strategy which is focussed on delivering great customer experience across all touch points * An increasingly important component of this is to provide a best-in-class network, digitise and simplify the customer journey * Our focus on speed and quality execution is enabling us to unlock the substantial opportunities for growth across our markets and business segments * Where demand remains significant, resulting in a further acceleration of constant currency revenue growth to 21.3% in…

British High Commission urges Malawi Government to double down on its efforts to control public spending and reduce domestic borrowing

January 30, 2025

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* In reaction to World Bank’s Malawi Economic Monitor which analyses that the country’s economic recovery remains fragile * Due to lagging implementation of macroeconomic reforms and a series of exogenous shocks impacting the country * There are opportunities for the country to use its natural resources to kick start development and make its people more prosperous By Duncan Mlanjira The British High Commissioner to Malawi, Fiona Ritchie has added voice to the findings of the Malawi Economic Monitor…

Do not let your personal data loose because people can use it to commit crimes in your name—MACRA DG Suleman

January 28, 2025

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* During commemoration of Data Privacy Day today in Blantyre that preceded with a street awareness march * Now that many things have gone digital, we need to know how to protect our data By Pempho Nkhoma, MANA Malawians have been asked to safely guard their personal data and not let it loose because people can use it to commit crimes in their name. This is an alert from Malawi Communications Regulatory Authority (MACRA) Director General, Daud Suleman today,…

MACRA expects postal and courier industry to embrace technology

January 28, 2025

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* Let us take advantage of technologies such as Track & Trace applications to enhance operations and customer service * And leverage the surge of e-commerce to boost revenues and sustainability—MACRA chairperson Chibwana By Brenda Nkosi, MANA Malawi Communications Regulatory Authority (MACRA) today called on postal and courier service providers to embrace technology to meet the evolving economic landscape. MACRA Board chairperson Bridget Chibwana made the call during annual postal sector workshop in Blantyre, saying: “Let us take advantage…

Makandi Tea & Coffee Estate closed for 7 days until non-compliance to labour laws are addressed

January 28, 2025

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* Workers brought to light various challenges at the workplace, such as long working hours exceeding 10 hours per day * Low wages of K3,460 per 60kg harvested in a day and K89,000 wages per month instead of the minimum K90,00 * Lack of pension and holiday benefits and workers making their own sacks for harvesting tea Maravi Express Minister of Labour, Vitumbiko Mumba today discovered several serious non-compliance to labour laws when he inspected Makandi Tea & Coffee…

CFTC discovers 11 companies engaging in excessive pricing and unconscionable conduct

January 28, 2025

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Paramount Holdings Limited was already punished by MBS and CFTC earlier this month * Given interim orders to nine farm input distributors and two poultry feed companies to desist from the unconscionable conduct * Amongst them Paramount Holdings Limited, Export Trading Group (ETG), Farmers World, Malawi Fertilizer Company, Dalitso General Supplies * Optichem 2000 Limited, Rabs Processors Limited, Brussels Fertilizers Limited and Agora Limited and poultry feed companies CP Feeds and Proto Feeds * Failure to comply with the…