‘The reported RBM consolidated annual of loss of MK543.3bln 2023 financial year reflects a mismatch between fiscal, monetary and Trade & Industry policy environment in the Malawi economy’

Chief Economist, Chifipa Mhango * Consolidated loss in RBM annual report released yesterday, July 16 had foreign liabilities of MK2.8 trillion against foreign assets of MK459.5 billion * This cannot continue if the country is to rescue itself from the current economic challenge By Duncan Mlanjira Chief Economist for South Africa-based Don Consultancy Group, Chifipa Mhango observes that the reported consolidated annual of loss of MK543.3 billion (US$319.5 million) by the Reserve Bank of Malawi (RBM) in financial year…

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US cyber security experts visit MUST

* The team engaged with MUST faculty members and students under Department of Computer Studies & Information Technology (CSIT) * They shared their experiences and insights on the latest cyber security trends and technologies, while also learning about the unique challenges faced by Malawi in the cyber security landscape By Chikumbutso Mwale & Charlie Mtambalika, MUST communication students A delegation from the USA, comprising distinguished experts and researchers in the fields of cyber security, energy & power and in…

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Malawi’s Bingu National Stadium among 26 other stadia not recognised for CAF InterClub matches

* It is set for Nyasa Big Bullets to host Zambia’s Red Arrows in the CAF Champions League 2024 preliminary round * The Bullets need plan B on the venue in case the decision remains the same from CAF * Senegal raised red flags over state of Bingu Stadium after their FIFA World Cup 2026™ qualifier against Kenya last month By Tione Andsen, MANA Nyasa Big Bullets set Bingu National Stadium as host venue for the CAF Champions League…

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TNM lends credence to MACRA’s continued refutal that people’s phone calls are being listened to

TNM’s Chief Technical Officer, Lloyd Gowera responding to the query * With their sophisticated digital system, even the Western World would not be able to listen in to each and every call made by the public * But only do so by law enforcement agencies in tracking high profile criminals and terrorists under their radar By Duncan Mlanjira Lloyd Gowera, Chief Technical Officer of the pioneer mobile phone service provider, TNM Plc, has authenticated that the country’s telecommunications companies…

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‘MACRA operating within precinct of the law, so too should operators and consumers of the digital space’

Minister Moses Kunkuyu at the launch of the Open Week * Freedom of speech on the social media goes with it some personal responsibility * If one abuses it and becomes in conflict with law, then the law should take its course By Duncan Mlanjira Minister of Information & Digitalisation, Moses Kunkuyu emphasises that the law is the law and should be followed to the book, unless the public engages lawmakers in Parliament to amend some clauses that are…

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Zambia’s Drug Enforcement Commission foils smuggling of over MK42.1m worth of Malawian bank notes

* They were in stacks of K20s, K50s, K100s, K200s, K500s, K1,000s, K2,000s and K5,000s denominations concealed in eight wooden boxes * The meticulously coordinated operation operation was carried out at Kenneth Kaunda International Airport in Lusaka * Leading to the successful apprehension of two foreign nationals Maravi Express Zambia’s Drug Enforcement Commission (DEC) has foiled smuggling of over MK42,184,000 worth of Malawian bank notes concealed in eight 8 boxes on transit to the United States of America (USA),…

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Public responding favourably towards Onjezani Kenani appeal to raise funds towards legendary music artist, Sir Paul Banda’s medical needs

* Since he initiated the appeal last week, the funds are at over K8.2 million — thanks to all those who have donated * To contribute through National Bank of Malawi account # 1855988, Stanley Kenani (SWIFT code NBMAMWMW for those outside Malawi * Or through Airtel Money +265999604048, TNM Mpamba +265882187044 under Blasto Kenani By Duncan Mlanjira We need to honour our legends while they are alive, contends social media influencer, Stanley Onjezani Kenani as he appeals for…

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AFCON Morocco 2025 qualifiers set to conclude by November 19

* There are 48 nations drawn into 12 groups of four with the top two finishers to gain automatic qualification * Malawi Flames start at home against Burundi before travelling to Burkina Faso for Matchday 1 & 2 between September 2-10 By Duncan Mlanjira Malawi Flames have a tough task in the three months between September and November in the qualification of the 35th edition of the Africa Cup of Nations (AFCON) Morocco 2025 in which they are placed in…

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Trump adviser questions Secret Service after shooting

* There’s a lot of inquiry now about whether the Secret Service was totally prepared * As a witness says he saw gunman on roof and tried to warn police BBC A senior adviser to Donald Trump’s campaign, Stephen Moore told the BBC World Service programme, ‘Weekend’ that there are questions about how prepared the Secret Service was. “I got a text from one of my associates saying that Trump had been shot and my heart just sank, and…

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Standard Bank reminds registered Be More Race participants to collect their race jerseys

* Monday, July 15 to Friday, July 19 from 8am-7pm and to take with them the registration receipts as proof By Duncan Mlanjira Standard Bank Head Office at City Centre in Lilongwe is giving out race jerseys for participants who registered for the Be More Race 2024 to take place on Saturday, July 20 in the Capital. The exercise started on Saturday and continues from Monday, July 15 through to Friday, July 19 from 8am-7pm and participants are asked to…

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