Business captains to periodically discuss Malawi’s economic issues through Standard Bank’s Growth Conversations interactive platform

* As we reflect on the 55 years of driving the country’s growth, we reiterate our commitment towards contributing to economic growth * As well as national development and creating platforms that harness collective decision-making * And foster realization of relevant agendas, as part of our efforts—Chief Executive Phillip Madinga By Duncan Mlanjira The Growth Conversations interactive platform, which was launched last week by Standard Bank Plc — one of the country’s key players in the financial service sector…

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Bon Kalindo seems not to understand benefits of newly-introduced excise tax stamps

Kalindo addressing the media in Lilongwe * As he announces nationwide demonstrations on August 8 over new tax measures, voter registration and national IDs * Tax stamps are protecting local and legitimate industries from unfair competition from businesses engaged in illicit, smuggled and counterfeit excisable products * It is also to control consumption of unbranded and counterfeits where source of products cannot be verified and authenticated * While at the same time to promote voluntary tax compliance among manufacturers,…

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Government taking stock of a lot of campaign pledges made—Michael Usi

* Ndirande Township to access National Economic Empowerment Fund (NEEF) loans in the next month of August * Government is committed to see your businesses grow; therefore, I urge you to form groups * So that when we start disbursing these loans no one should be left out and I must say that these loans are for all persons regardless of their political affiliation By Lisa Lamya, MANA Vice-President, Michael Usi said there are a lot of campaign pledges…

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‘We can build from new club stewards initiatives in managing crowd to ensure we maximize revenue at all our matches’—FAM

* As FDH Bank Cup Blantyre derby grosses record K88 million surpassing the K80.4 million realised during the two teams’ TNM Super League first round match * We would also like to thank the two teams for embracing ownership in the management of the match from planning to execution Maravi Express The FDH Bank Cup Round of 16 — the Blantyre derby between Mighty Wanderers and Nyasa Bullets at Kamuzu Stadium in Blantyre on Sunday — grossed a historic gate…

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MUST plans to venture into assembly of laptops and tablets

* Laptops and tablets have become part of a student’s life, especially at higher education level and they need to be within reach of all students * Once we put up the assembly line, we will be good to go because we already know where to import the parts and the costs involved By Duncan Mlanjira In moving forward as a science and technology high learning institution, Malawi University of Science & Technology (MUST) has plans to start assembling…

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Let’s save Malawi—new Lingadzi Rotary president Kakhome

Kakhome being inducted by immediate past president Giorgia Prizzon * Malawi is stalked by a series of cyclic of socio-economic and environmental challenges * With trickle-down effects on Lilongwe, the administrative capital where Lingadzi Rotary Club operates * Our city Lilongwe bears the brunt of the country’s socio-economic challenges, and the scars of environmental decadence Maravi Express At his official inauguration as new president of Lingadzi Rotary Club yesterday, Limbani Kakhome appealed to fellow Rotarians to work hard towards…

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Mobile money subscriber growth of 14.9% reflects Airtel Africa’s support to increase of financial inclusion across its markets

* Transaction value increased by 28.7% in constant currency with annualised transaction value of US$120bn in reported currency * Total customer base grew by 8.6% to 155.4 million with data customer penetration continuing to rise, driving a 13.4% increase in data customers to 64.4 million * Revenue in constant currency grew by 19.0% in Q1’25, driven by 33.4% growth in Nigeria and 22.3% growth in East Africa, respectively By Duncan Mlanjira From its results for financial quarter ended June…

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Two men jailed for 30 months without option of fine for possessing stolen ESCOM conductors

* Prosecutor told the the court that while both first-time offenders they should be given stiffer sentence * As Electricity (Amendment) Act 2024 attracts a maximum sentence of 30 years * Such malpractice costs ESCOM revenue, maintenance and labour costs and also derails efforts to connect new customers Maravi Express Two men have been sentenced to two-and-a-half-years imprisonment in Lilongwe following their conviction for possessing stolen electricity conductors at Kasiya in the district. Police prosecutor, Superintendent Chancy Chikhola, said…

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Malawian youths inspired to pursue career in materials engineering

Eng. Precious Kamndaya * The field offers numerous benefits, including the development of specialised technical skills * Continuous learning opportunities, and the chance to work on significant national projects Youthful Malawian civil engineer, Precious Kamndaya is urging young Malawians to consider pursuing a career in materials engineering and make a tangible impact on national infrastructure. Me contends that the field offers numerous benefits, including the development of specialised technical skills, continuous learning opportunities, and the chance to work on…

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Secretary to Treasury Betchani Tchereni applauds revamped Standard Bank private banking services

Tchereni cuts the ribbon to symbolically launch the service as Standard Bank’s Charity Mughogho looks on * This approach is suitable for our economy, where there is need for more integration as we strive towards the MW2063 vision * The Ministry remains committed to supporting initiatives that promote innovation, customer satisfaction and overall stability of the financial system By Duncan Mlanjira Secretary to Treasury Betchani Tchereni in the Ministry of Finance says innovative and bespoke banking services hold key…

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