Business – Page 78 – Maravi Express – Your Kind of News. Clear and accurate.

Six arrested over vandalism of 16 ESCOM transformers in Lilongwe

November 15, 2024

| Business, Law Enforcement, National, News

Cases of vandalism keeps worrying Energy Minister Ibrahim Matola * They vandalised transformers and stole property at Nkhoma CCAP Mission in July; at Kamphata Trading Centre in August; Mlale Mission in Mitundu; Dzaleka in Dowa and Kunthembwe in Ntchisi — all just last month of October Maravi Express Despite warnings that tampering with Electricity Supply Corporation of Malawi (ESCOM) assets is an offence which contravenes Electricity Act of 2024 and attracts a 30-year jail term and with no option…

‘MCP-led Government’s rocketing fiscal expenditure patterns is a major concern for the Malawi economy’—AFORD national director for economic affairs Chifipa Mhango

November 14, 2024

| No Comments

| Business, National, News, Politics

* The Government has already spent MK4.1 trillion in the first nine months of 2024 to September 2024 * Surpassing the year 2023 by MK732.7 billion, of which only 24.7% is towards development projects By Duncan Mlanjira The Malawi Congress Party (MCP)-led Government’s “rocketing fiscal expenditure patterns is a major concern for the Malawi economy, as less is being diverted towards development-oriented objectives” — says Don Consultancy Group (DCG) Chief Economist, who is the Alliance for Democracy (AFORD) national…

Transport & Public Works Parliamentary Committee dissatisfied over delays in road construction

November 13, 2024

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| Business, National, News

* The Ministry has said they are facing challenges such as lack of funding, effects of devaluation and others * But they need to hasten the processes as they have promised to address them so that people are helped in the communities—MP Lipipa * Also not satisfied with service delivery is Parliamentary Committee on International Relations * Which expressed its dissatisfaction with the inspection done by the Ministry of Labour in various work places By Prisca Promise Mashushu, Pempho…

ESCOM advices customers whose pre-paid meters have not been upgraded on Token Identifier to buy electricity units in advance by November 24 for the next two months

November 13, 2024

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| Business, National, News

* We will provide electricity units on credit for customers without the capacity to buy the two-month worth of units in advance * These units will be recovered through deductions from electricity units purchased after the meter replacements By Duncan Mlanjira Electricity Supply Corporation of Malawi (ESCOM) alerts the public that the Token Identifier Project (TID) which it rolled out in June 2023 to upgrade all pre-paid meters is still on-going and that some meters will be non-compliant by…

Vandalism on fiber connectivity cables both local and international greatly affecting Airtel Malawi’s services

November 13, 2024

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| Business, National, News

* Airtel Malawi promises it is undertaking all measures to ensure minimum impact from the outages * We faced network challenges in August and October due to international fiber outages in Mozambique and Zambia * And locally from some areas in Malawi due to the ongoing road construction works By Pickson Chipeso, Patience Longwe, MANA & Duncan Mlanjira, Maravi Express Following concerns of internet connectivity outages of Airtel Malawi, the Parliamentary Committee on Media, Information & Communication invited the…

Ndirande’s Kasambwe Brothers Band accorded highest honour to perform and record at one of the best world music studios in USA

November 13, 2024

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| Business, Entertainment, News

* The mission of Sounds of Malawi at our centre is to promote our artists in Malawi — to showcase the talents of the artists first here in Malawi and to promote then abroad too * And it’s not just about the well known or successful artists alone, but it’s the local talents sometimes unheard of—Jacaranda’s Marie da Silva By Duncan Mlanjira Ndirande-based street and market place music artists, Kasambwe Brothers Band are in the USA to perform and…

MultiChoice Group maintains strategic momentum despite macro-economic challenges

November 12, 2024

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| Business, Entertainment, News

* Unprecedented foreign exchange pressures and economic challenges in key African markets impacted earnings and dampens subscriber growth * On track to right-size cost base and grow new revenue streams to drive future growth as streaming gains traction at the expense of traditional pay-tv * Cost-cutting measures delivered ZAR1.3 billion in permanent savings, on track to reach increased full-year target of ZAR2.5 billion Maravi Express MultiChoice Group continued to deliver exceptional video entertainment and execute on core strategic initiatives…

All TNM Super League matches to be on 100% TNM Mpamba electronic ticketing from December 1, 2024

November 12, 2024

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| Business, News, Sports

* It is to mark a significant transition from traditional paper tickets to digital access — aligning with modern technological advancements and catering to the evolving preferences of football enthusiasts * Apart from entry to matches and other events, the TNM Mpamba card can also be used for ATM withdraws and payment in shops through PoS machines By Duncan Mlanjira Super League of Malawi (SULOM) and TNM Plc — sponsors of the top flight TNM Super League have jointly…

Mulanje Pizza restaurant plans to relocate to Limbe or Blantyre and asks well-wishers to donate rental space

November 11, 2024

| No Comments

| Business, News, Tourism

* The hospitality facility was thriving prior to CoVID-19 through clientele of foreign tourists but took a nasty turn when the pandemic reached its peak * Small business like ours has its challenges as rentals are too high, transportation is expensive and to acquire short term loans from banks is near impossible * We prepare our pizza using the most traditional way of a wood fire and we are one of the best pizza restaurant in Malawi By Duncan…

CFTC’s leading complaints relate to traders not honouring guarantees & warranties and exclusion of liability

November 9, 2024

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| Business, Law Enforcement, News

* Traders must provide for guarantees and warranties of, at least, six months on all long term consumer products * According to the Competition and Fair Trading Act and the Consumer Protection Act By Duncan Mlanjira Competition and Fair Trading Commission (CFTC) has disclosed that 10% of the annual total complaints which it receives, which is about 40 complaints per year, relating to not honouring guarantees & warranties and exclusion of liability. CFTC public relations officer, Innocent Helema, says…