Category: Business

* The service has been revamped in liaison with operators of Malawi rail system, Central East African Railways (CEAR) and Nacala Logistics * The inauguration of the block train service is a dream come true for the country after 21 years By Leonard Masauli, MANA After exactly 21 years since the country was using rail for both liquid and dry cargo, National Oil Company of Malawi (NOCMA) has finally hauled 640,000 litres of fuel from Nacala Port in Mozambique…

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* Models include Toyota Rav 4; Corollas; Nissan Sentras; Nissan Pathfinders; Honda Accord; Mazda B Series and even BMWs * So far, the faulty airbags have been linked to 22 deaths and more than 180 known injuries worldwide By Duncan Mlanjira The Competition & Fair Trading Commission (CFTC) says it has been alerted of defective Takata airbag inflators in some motor vehicle models, that include models from 2000 to 2015. In a statement issued today, July 24 by CFTC…

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Chifipa Mhango * The problem is turning into a “generational curse”, therefore, an urgent economic turnaround strategy is required * It is very disturbing that since the year 2000, Malawi has never had a positive monthly trade balance * Except for November 2009, when it was only MK4.9 billion By Duncan Mlanjira Chief Economist Chifipa Mhango says “Malawi international trade position since year 2000 has not been geared towards minimising the forex challenges in the country — and this…

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* The GfS programme was rolled out in August 2022 to run up to 2027 in eight districts of the country * Designed to enhance public service in health, education, agriculture and natural resource management * It employs a variation of problem driven initiative adaptation methodology, pioneered by Harvard University By Duncan Mlanjira Illovo Sugar Malawi Plc and Chikwawa District Council, has signed a three-way memorandum of understanding (MoU) with Development Alternatives Inc. (DIA) — an all-encompassing programme for…

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* Once completed, it will ease trade facilitation and cut down on clearance delays * MRA plans to engage Directorate of Road Traffic & Safety Services on a possibility of having a mobile weighbridge * In order to address congestion aided by construction works since imports and exports currently go through a single weighbridge By George Bulombola, MANA Malawi Revenue Authority (MRA) Commissioner General, John Biziwick assures that construction of One Stop Border Post at Songwe in Karonga is…

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* After he saw an expenditure line of the Reserve Bank of Malawi called ‘bereavement cost’ * Which actually increased by MK63 million from financial year 2022 to reaching MK113 million * LESSON: As new manager or chief executive officer in a different area or country, get to know the society values or norms and working culture, before taking drastic decisions * For Malawi, maybe there are some corporate lessons to adjust our norms By Duncan Mlanjira In Malawian…

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