Category: Business

By Duncan Mlanjira A truck has breakdown truck and jackknifed (a trailer folding and swinging out, which has completely blocking passage along Mzuzu-Nkhata Bay M5 Road at Kavuzi area. A public notice from Northern Region Police public relations officer, Inspector Maurice Chapola advises motorists not to descend beyond Jowelo Trading Centre or ascend beyond Mpamba Trading Centre. Inspector Chapola notifies that relevant authorities have been notified of the development. Comments on social media indicates that affected vehicles include tankers…

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Airtel Malawi’s acting Managing Director Abdul Shaik * Adds Electricity Supply Corporation of Malawi (ESCOM) as an additional local fiber service provider * To enhance protection on major routes in order to mitigate unforeseen circumstances Airtel Malawi has experienced recently * Acquiring additional protection capacity on international fiber link from Tanzania to boost already existing links from Mozambique and Zambia By Duncan Mlanjira In order to safeguard a robust and reliable network, Airtel Malawi is investing in additional capacity…

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* As well as Malawi Revenue Authority (MRA) border office being equipped with five new computers * Special IT specialists have been deployed on-site to ensure continuous system functionality * The streamlined process enables fuel tanker clearance within 10 minutes during transit on Saturday, January 11 By Duncan Mlanjira Minister of Energy, Ibrahim Matola, who oversaw the arrival of over 100 fuel tankers at Songwe Border on Saturday — which was procured from the United Arab Emirates (UAE) through…

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* The preliminary framework is designed to enhance fiscal consolidation while positively supporting the financial sector * My Ministry is still in discussions with the IMF regarding the possibility of disbursing resources through the Extended Credit Facility (ECF) * Government plans to implement the upcoming budget using revenue generated from taxes and other sources, rather than rely on borrowing By Sheminah Nkhoma, Gift Chiponde & Yewo Munthali, MANA Minister of Finance & Economic Planning, Simplex Chithyola Banda assures the…

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* One unit has been successfully repaired and was expected to resume generation of 32.4 megawatts today, Monday * The maintenance works were rolled out on January 1 taking 64.8 megawatts off the national grid * The wear out of the two units had been exacerbated by continuous siltation of the Shire River since the sand ground out rings that support turbines By Duncan Mlanjira Commissioned in 2000, two generation units of Kapichira Hydro Power Station in Chikwawa developed…

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* This is from the consignment of 1,409 tankers which is supposed to haul 40,000 metric tons (about 51.5 million litres) * The emergency fuel procurement aims at supplementing the normal fuel imports by NOCMA, PIL and other licensed importers By Duncan Mlanjira One hundred fuel tankers of both petrol and diesel have arrived in Malawi through Songwe Border in Karonga from Tanzania’s Tanga Port, which is the consignment from Abu Dhabi, United Arab Emirates (UAE) under government-to-government procurement…

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