Business – Page 91 – Maravi Express – Your Kind of News. Clear and accurate.

Lilongwe City Council on serious campaign in enforcing bylaws

August 14, 2024

| Business, Law Enforcement, National, News

* As it collaborates with Malawi Defence Force (MDF) to impound and tow away vehicles that have parking fee arrears * Motorists asked to check their parking fee balances by dialing *4555*01# to clear any outstanding balances to avoid inconveniences By Duncan Mlanjira In its campaign to enforce the law, Lilongwe City Council has sent a strong warning to motorists that it will conduct a joint operation with the Malawi Defence Force (MDF) to impound and tow away vehicles…

Bilateral talks between Chakwera and Nyusi set to address key areas of cooperation for Malawi and Mozambique

August 14, 2024

| No Comments

| Business, International, National, News

* The MoU will focus on several critical areas of mutual interest, including the strengthening of the interconnection of 41 megawatts of power between the two countries * Beyond energy, the MoU will also cover aspects of infrastructure and trade and the refurbishment of the Nacala railway line, a vital transportation corridor for the region By Fostina Mkandawire, MANA in Maputo Malawi President Lazarus Chakwera arrived this morning at the Office of the President of Mozambique, Filipe Nyusi for…

National Construction Industry Council pounces on Chinese-owned construction site over non-compliance

August 14, 2024

| No Comments

| Business, Law Enforcement, National, News

* The probe revealed a litany of violations, including failure to obtain necessary permits * As well as ignoring environmental impact assessments, and exploiting workers By Leonard Masauli, MANA National Construction Industry Council (NCIC) has pounced on a Chinese-owned construction site, over noncompliance orders and breach of laws related to construction. The Chinese national is reportedly constructing warehouse and offices at the site which is along the Bypass road in Lilongwe. However, NCIC said the Chinese national commenced his…

PLEM takes over Rumphi-Nyika Road construction project

August 13, 2024

| No Comments

| Business, National, News

PLEM Managing Director, Jay Khrishnan * Our company has never failed to complete a project — I can assure you that we will complete it * The stretch from Chikwawa to Bembe will cost K29 billion funded by the Malawi Government By Manasse Nyirenda, MANA Roads Authority on Wednesday handed over construction of the 20km stretch of Rumphi-Nyika road to PLEM Construction replacing Unique Construction. Construction of the stretch from Chikwawa to Bembe will cost K29 billion, funded by…

Predicted La Niña weather phenomenon likely to affect the country’s tourism economy due to rising water levels of Lake Malawi

August 13, 2024

| No Comments

| Business, National, News, Tourism

* La Niña weather conditions have been predicted by the Department of Climate Change and Meteorological Services for the forthcoming rainy season * These cooler than usual temperatures disrupt global weather patterns because they cause it to become warmer * In southern Africa, humidity levels are expected to rise as this tropical country gets cooler during such periods By Leonard Masauli & Tione Andsen, MANA Stakeholders have warned that the predicted La Niña could wreak further havoc on the…

854 customers rewarded with various prizes in TNM Tikolore promotion

August 13, 2024

| No Comments

| Business, News

Jonazi (left) presenting a solar pump equipment to winner Sekeya * The promotion is designed to reward customers and celebrate TNM’s commitment of connecting communities * To world-class digital solutions to empower every Malawian and connect Malawi to the world By Duncan Mlanjira As the TNM Tikolore promotion rolls into the third month, 854 customers have been rewarded with various prizes, which the customers have described as fabulous, saying they have positively impacted their lives. A Manase-based florist, Patrick…

CAMA requests government for an update on implementation of Extended Credit Facility from IMF

August 8, 2024

| 1 Comment

| Business, National, News

* The ECF was meant to support the Malawi Government commitment to economic reforms * However, the market is still experiencing shortages of foreign currency, escalating prices of goods and services, and some businesses are closing down By Duncan Mlanjira Consumers Association of Malawi (CAMA) has observed that the Extended Credit Facility (ECF) approved by the International Monetary Fund (IMF) was meant to support the Malawi Government’s commitment to economic reforms but the country “continues to face challenging macroeconomic…

Super League reports a significant financial achievement of total gross gate revenue of close to K700 million

August 8, 2024

| No Comments

| Business, News, Sports

* SULOM also secured K86,850,000) from media broadcasting rights for the first round of the season * The financial growth demonstrated by the TNM Super League 2024 highlights the increasing popularity and commercial success of football in Malawi By Duncan Mlanjira Super League of Malawi (SULOM) reports that the first round of the TNM Super League 2024, has recorded a significant financial achievement of total gross gate revenue of K689,298,100 in gate revenue — close to K700 million. In…

TNM unveils cutting-edge FINTECH innovations; Introduces e-SIM, Mpamba Quick Pay, Micro Merchant Wallet & Salary Overdraft

August 8, 2024

| No Comments

| Business, News

* TNM envisions the creation of digitally enhanced societies that benefit more from the services offered * We are thrilled to introduce these innovations that reflect our commitment to enhancing the digital experience for our customers By Duncan Mlanjira Malawi’s pioneer mobile network and digital solutions provider, TNM Plc, has launched a range of FINTECH innovations aimed to increase access to cash flow for customers. In a statement, TNM says the new offerings include e-SIM technology, a Micro Merchants…

Nkhata Bay beekeepers intensify afforestation initiatives

August 8, 2024

| No Comments

| Agriculture, Business, News

* The farmer are limited to put more hives for their business as the forest which they use has few trees * We are experiencing some problems in bee keeping as there are few trees to put bee hives on By Chisomo Kambandanga, MANA Beekeeping groups under Transforming Agriculture through Diversification and Entrepreneurship (TRADE) program in the area of Senior Chief Fukamapiri in NKhata Bay District, have embarked on preparation for tree-seedlings for the next forestry season, saying forests…