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Category: Business

When the Guardians of Justice become the thieves
May 2, 2026
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| Business, Law Enforcement, National, News

*  Why Malawi must read South Africa’s Madlanga Commission as a warning, not a drama Opinion by Nkhuzana Kamoto, African Politics In Pretoria, a retired Constitutional Court justice sits in a quiet hall as a nation watches its criminal justice system unravel in public. Day after day, the Madlanga Commission of Inquiry has dragged into the light what most South Africans long suspected — that the rot in their police, their prosecution service, and even tendrils of their judiciary…

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World Bank consolidates its Rapid Response financing support with President Mutharika
April 30, 2026
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* The World Bank believes the Rapid Response financing options will help stabilise the economy and place it firmly on the path toward full recovery * As the President reaffirmed his administration’s commitment to strengthening strategic partnerships aimed at rebuilding Malawi’s economy Malawi News Agency & Maravi Express World Bank’s Regional Programme Director for Africa, Dr. Nathan Belete, and the incoming Country Director for Malawi, Zambia, Zimbabwe and Tanzania, Dr. Firas Raad, held an audience with President Arthur Peter…

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NBM invokes customer confidentiality obligations not to disclose sensitive financial information during Parliamentary inquiry session on Amaryllis Hotel purchase saga
April 30, 2026
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* The proceedings were subsequently suspended to allow Public Accounts Committee (PAC) to consult relevant authorities on how the National Bank can provide the information, which PAC considers critical to its inquiry * As RBM Governor revokes licences of the Board of Public Service Pension Trust Fund pension trustees in his capacity as Registrar of Financial Institutions By Duncan Mlanjira, Maravi Express & Frank Humphreys, Malawi News Agency (MANA) When National Bank of Malawi (NBM) appeared before the Public…

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CFTC undertaking a market enquiry on proposed exclusive dealing arrangement and resale price maintenance between SEEDCO Malawi and its distributors
April 30, 2026
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* Exclusive dealing arrangement is a vertical agreement where a supplier restricts a buyer to only purchase their products, or a buyer restricts a supplier to only sell to them — thus prohibiting dealings with other competitors * Resale price maintenance is a vertical business practice where manufacturers or suppliers dictate the price at which retailers must sell their products— thus restricting competition amongst retailers By Duncan Mlanjira The Competition & Fair Trading Commission (CFTC) is informing the business…

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ESCOM ready to disconnect government MDAs and parastatals in mass electricity disconnection exercise from Monday April 4
April 30, 2026
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* The intensive national electricity disconnection campaign for all post-paid customers in Southern and Central regions is a critical component of ESCOM’s revenue mobilisation, aimed at recovering an estimated K16 billion in accumulated arrears * These funds are essential for sustaining our operations and ensuring the continued delivery of reliable power supply across the country By Duncan Mlanjira Electricity Supply Corporation of Malawi (ESCOM), under newly-appointed Chief Executive Officer (CEO), Eng. William Kaipa, will carry out a mass electricity…

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Malawi Pakistan Community pledges to help Lilongwe City Council address its critical shortage of functional fire engines
April 30, 2026
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The Pakistan Community after meeting with Local Government Minister Ben Phiri and Lilongwe City Mayor Peter Banda * If the City is struggling with fire engines, we are ready to support and get them back on the road * We have worked with the City before to maintain roads and service Council vehicles. Lilongwe is our home too—chairperson Rauf Chadary By Duncan Mlanjira Following public outcry after Lilongwe City Council failed to respond to house fires in Area 43…

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Notable undertakings by Presscane Ltd demonstrate its commitment to meeting the requirements laid out in the Stop Order issued by MEPA
April 29, 2026
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* The company would be allowed to resume activities but with stricter conditions this time around to avoid a relapse * Nonetheless, presently certain activities for addressing the environmental management concerns are being carried out on the site and should not be mistaken for the company’s work resuming By Duncan Mlanjira Malawi Environmental Protection Authority says some notable undertakings by Presscane Ltd, demonstrate the ethanol manufacturing company’s commitment to meeting the requirements laid out in the operational Stop Order…

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Chilema Ecumenical Training and Conference Centre in dire need of revival and survival
April 29, 2026
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* COVID-19 pandemic greatly affected the institution and has failed to recover but with decisive leadership, financial discipline and strategic investment, the Centre can transition from crisis to sustainability and renewed growth * As the Board and management designs a rescue plan to stabilise operations, restore financial viability, rehabilitate infrastructure, strengthen governance, and reposition Chilema as a sustainable ecumenical training and conference centre By Duncan Mlanjira The Board and management of Chilema Ecumenical Training & Conference Centre (CETCC) located…

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CAMA demands evidence on implementation and fiscal outcomes of austerity measures introduced by the DPP administration
April 29, 2026
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* Given the significant public interest implications and the importance of sustaining confidence in Government’s fiscal management, the provision of clear, quantified, and auditable evidence on these matters would materially enhance transparency and policy credibility By Duncan Mlanjira Consumer Association of Malawi (CAMA) has asked the government to provide evidence on the implementation and fiscal outcomes of expenditure control (austerity) measures, which the Democratic Progressive Party (DPP) administration introduced during the 2025/26 Mid-Year Budget Review. In a letter to…

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CDH Investment Bank’s strong 84% profit surge in 2025 reflects ‘dedication of staff and trust of clients in a difficult operating landscape’
April 29, 2026
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* As it posts a profit after tax of K43.221 billion, an impressive 84% increase from K23.534 billion recorded in the previous year * The strong results were driven by a 69% growth in operating income, with net interest income rising by 45% to K25.424 billion from K17.554 billion By Duncan Mlanjira CDH Investment Bank (CDHIB) reports that it has delivered a robust performance for the year ended December 31, 2025, posting a profit after tax of K43.221 billion,…

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