Business – Page 7 – Maravi Express – Your Kind of News. Clear and accurate.

A call for renewal, reflection and restoration for Malawians during Easter Season

April 1, 2026

* This Easter, let us rise above the forces that divide us. Let us reject the culture of greed, corruption, and kuthana, and instead choose a path of unity, integrity, and compassion * The resurrection is not just a historical event; it is a living call to transformation. May this season inspire us, not only to celebrate, but to change By Chifipa Mhango, Chief Economist & Executive Director-Don Consultancy Group As we gather to commemorate the sacred season of…

Fuel price hike: Time to think, adjust and move smart to prepare what is coming next—financial market analyst Bena Nkhoma

April 1, 2026

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* This is not a MERA issue, this is global war hitting your pocket. The problem is not the price increase, the problem is being unprepared for it * If global events can change your life overnight, how prepared are you for what is coming next? By Duncan Mlanjira In his evaluation of the fuel price increase announced by Malawi Energy Regulatory Authority (MERA) with effect from today, April 1, financial market analyst, Benedicto Bena Nkhoma reminds his fellow…

NICO Group launches One NICO Lived Experience

March 30, 2026

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* A company-wide cultural transformation initiative designed to unify its subsidiaries under a single identity, shared values and consistent standards of service across all its companies and customer touch points * Today, we realise that although we are many, we are One Group; One Standard; One Lived Experience—Group Managing Director Vizenge Kumwenda By Duncan Mlanjira NICO Group has launched a company-wide cultural transformation initiative, dubbed the One NICO Lived Experience, which is designed to unify its subsidiaries under a…

Former SPC Colleen Zamba fails to appear before Parliamentary Committee as she is reportedly outside the country for medical treatment

March 30, 2026

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* Her lawyers indicate that their client remains committed to cooperating with the inquiry and will engage the committee to agree on a new date upon her return By Innocent Manda, MANA Former Secretary to the President & Cabinet (SPC), Colleen Zamba, who was red flagged by the Malawi Law Society (MLS) that she is involved-in-the-controversial-purchase-of-the-K128-billion-Amaryllis-Hotel-through-Public-Service-Pensions-Trust-Funds, has failed to appear before the inquiry being made by the Public Accounts Committee (PAC) of Parliament. According to PAC chairperson, Steve Malondela,…

‘SPC Colleen Zamba had no authority under the pension fund’s trust deed to chair meetings concerning purchase of Amaryllis Hotel’

March 25, 2026

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Attorney General Frank Mbeta * The trust deed clearly states that the trustee is the final decision-maker, not someone outside that structure—Attorney General * His testimony supports claims by suspended PSPTF Principal Officer, George Jim, who who alleged that he faced pressure from Zamba to expedite the K128.7 billion transaction during the previous administration By Patience Longwe & Innocent Manda, MANA Attorney General (AG), Frank Mbeta has emphasised that former Secretary to the President & Cabinet (SPC), Colleen Zamba,…

Chief Economist Chifipa Mhango implores on Malawians to mobilise themselves in fight against corruption to protect President Mutharika’s inauguration message against the vice

March 25, 2026

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Chifipa Mhango, the revered chief economist * Malawi’s case of cartel type of corruption has reached a level of genocide against its people that trusted democracy as a tool to prosperity and inclusion in 1992 * The message of his Excellency the President Arthur Peter Mutharika on his inauguration should be protected for generations to come * This is a fight that deserves a nation and electorate support, across political affiliation, for we only have one country By Duncan…

Impact of vandalism on electricity infrastructure not just affecting ESCOM alone but across Southern African region

March 25, 2026

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Chief Secretary Justin Saidi * Ministers responsible for energy in these countries are prioritising strategies to combat vandalism both at national and regional levels through the Southern African Power Pool (SAPP) framework—Chief Secretary Justin Saidi * When opening the SAPP Executive Committee meeting that has brought together regional power utilities, policymakers and energy experts to strengthen cooperation in the power sector * SAPP is a cooperation of the national electricity companies in Southern Africa under the auspices of the…

TNM Plc responds to Parliamentary Committee led by MP Silvester Ayuba James pressing for roll over of unused data bundles

March 24, 2026

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* The rollover feature previously limited to monthly packages but now it will be introduced for smaller bundles to allow customers to carry forward unused data into new subscriptions By Duncan Mlanjira After chairperson of Parliamentary Committee of Commissions, Statutory Corporations & State Enterprises announced that at an interface meeting he led with Malawi Communications Regulatory Authority (MACRA) where, among others, they pressed for rolling over of unused data bundles, TNM Plc has swiftly moved to roll out the…

Engineer William Kaipa brings to ESCOM a worth of technical authority to position it for long-term sustainability

March 24, 2026

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* His appointment reflects a strategic alignment of global expertise with national priorities, particularly as Malawi advances toward its MW2063 development agenda * Given the complexity and immediacy of ESCOM’s operational challenges, the Board considered it imperative to secure a leader capable of delivering results from day one, into the future By Duncan Mlanjira Effective April 1, 2026, William Kaipa, a distinguished professional engineer with over 37 years of experience spanning infrastructure, energy and resources, takes up the position…

Malawians should examine the Amaryllis Hotel deal carefully—concerned citizen

March 22, 2026

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Amaryllis Hotel * Malawians should push for a deep dive forensic investigation that is fully independent to follow all payments both locally and internationally * This will expose the entire operation of this saga. The beneficiaries, influencers and enablers are from both MCP regime and DPP regime By Duncan Mlanjira A concerned citizen contends that Malawians should carefully examine the purchase of the Amaryllis Hotel by the Public Service Pension Trust Fund (PSPT), saying there is need to “push…