Business – Page 97 – Maravi Express – Your Kind of News. Clear and accurate.

Customers in Mzuzu blamed for buying from unauthorised street vending spots

July 8, 2024

* Businesspeople in the designated market pay city fees on daily basis but the street vendors run away from the obligation * We have been pleading with the City Council for years to relocate these vendors to designated markets for fair business operations amongst all of us By Maranatha Chima, MANA Mzuzu City Council has disclosed that it is facing challenges in addressing illegal vending, which has turned almost each and every corner of the city a market place….

Malawi’s digitalisation transformation to help respond quickly and effectively to climate crises and health emergencies—World Bank

July 7, 2024

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* Also to transform service delivery in social protection, financial inclusion, disaster response and lands management * In increasing access to the internet and the inclusive use of digitally enabled services, it will also create employment opportunities By Duncan Mlanjira Digitalisation is a powerful tool for development in Malawi and the progress in this sector will transform service delivery in social protection, financial inclusion, disaster response and lands management. This is attested by World Bank Country Director for Malawi,…

World Bank’s IDEA programme to assist Digital Malawi Project expand its inclusive digital infrastructure targeting rural and underserved areas

July 6, 2024

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* It provides the necessary resources to enhance internet access, improve cybersecurity and support digital skills development * The initiative will create new opportunities for all Malawians and drive the country’s digital transformation forward By Duncan Mlanjira Through funding which the World Bank has approved for the implementation of phase 2 of Digital Malawi Acceleration Project, Digital Malawi emphasises that the programme is crucial in accelerating its digital transformation — as it provides the necessary resources to enhance internet…

Malawi earmarked for World Bank’s acceleration of digital inclusion for 180 million people across eastern and southern Africa

July 6, 2024

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* Digitalisation is one of the most potent tools available today to eradicate poverty on a livable planet * Yet the eastern and southern African region has the slowest pace of digitalisation globally * Only 64% of the population of the region is covered by high-speed internet, and just 24% of the population using the internet as of 2023 By Duncan Mlanjira Malawi, Angola and the Democratic Republic of the Congo (DRC) are three of eastern and southern Africa…

Illovo Sugar Malawi’s half year net profit down by K11 billion against last year’s performance in same period

July 4, 2024

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* The challenges on performance included effects of natural disasters such as that of Cyclone Freddy on the cane fields * The state of the Malawi foreign currency and theft of Illovo’s irrigation equipment and its sugarcanes By Duncan Mlanjira At its Investors’ Forum on Wednesday, Illovo Sugar Malawi Plc disclosed that they have recorded a 2024 half year net profit of K22 billion, which is down by K11 billion against last year’s performance in the same period. This…

Malawi to benefit from Euro 15 million EU/ITU broadband mapping initiative

July 4, 2024

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The Malawi delegation at the ITU Global Symposium for Regulators in Kampala, Uganda * AfricaBBMaps is both a significant and opportune intervention that has the potential to bolster Malawi’s existing digital inclusion programs * It will enable data-driven decision-making for investments in digital infrastructure, promising a brighter future for ICT in Malawi By Duncan Mlanjira Malawi is amongst 11 sub-Saharan African countries that have been selected to benefit from initiative by the International Telecommunication Union (ITU) to implement national…

TNM implements K318 million projects through Mudziwathu

July 4, 2024

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Gowera (2nd left) and fellow TNM staff present a cow to one of the beneficiaries * Mudziwathu initiative is a quest to develop communities and grow local economies using a portion of proceeds from TNM’s revenues * Through it, the company has enhanced community development, promoted job creation, and improved mobile phone penetration Maravi Express The country’s pioneer mobile network and ICT services provider, TNM Plc has launched implementation of community projects worth K318 million nationwide under the Mudziwathu…

Testimonies from Titukulane beneficiaries in Zomba attest of being developed from the resilience food assistance initiative

July 4, 2024

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* The activity was rolled out in 2019 with a pilot project in Zomba and Mangochi in 20 Traditional Authorities (T/A) * Covers several sectors such as agriculture, youth development, WASH and education By Duncan Mlanjira From their testimonies, beneficiaries of Titukulane initiative — a resilience food assistance activity funded by USAID, through the Bureau of Humanitarian Assistance — attest that the project has developed them in attaining sustainable, equitable & resilient food and nutrition security. This was testified…

New Vice-President Michael Usi should prioritise honest counseling to Chakwera on the economy—Chief Economist Chifipa Mhango

July 3, 2024

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New Vice-President Michael Usi * Malawi cannot continue to present itself as a reckless spender from the fiscal perspective, with a muted voice from its Vice-President * Malawi cannot continue to rank high on global corruption index, with a muted voice from its Vice-President * Malawi cannot continue to have high unemployment rate for its youth and women, with a muted voice from its Vice-President By Duncan Mlanjira As Malawi has concluded the 21-day of mourning for the departed…

Road Traffic Department warns truck operators not to over load vehicles on the roads

July 1, 2024

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* Most roads are being damaged because of overloading by operators — hence they are being subjected to fines * Weighbridges are over charging operators, saying they are not meant for income generating but are used for safety measures * They are not meant for income generating but providing guidance to operators to comply with loading limits for their vehicles By Tione Andisen, MANA Department of Road Traffic & Safety Services has warned truck owners and operators in the…