News – Page 305 – Maravi Express – Your Kind of News. Clear and accurate.

Illovo Sugar Malawi providing water for irrigation for sorrounding Nchalo Estate communities

March 3, 2024

* Illovo is also expected to source other partners and market opportunities while the communities will take ownership of the scheme * The scheme members finance for themselves in buying all farm inputs (seeds, fertilizer, labour for planting, weeding etc) * The diversification is through cultivating cash crops such as sugar beans and cotton, which thrives well in the climate conditions of the Lower Shire By Duncan Mlanjira Through partnership with USAID’s ‘Feed the Future Agricultural Diversification Activity’ —…

CDH Investment Bank supports LUANAR tree planting initiative

March 2, 2024

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| Education, National, News

CDHIB Chief Treasury Officer, Zondwayo Mafuleka leading by example * The investment reinforces the bank’s commitment to support environmental activities for sustainable growth at LUANAR and surrounding communities * We trust that our efforts will contribute to a sustainable green environment that will help manage climate challenges like soil erosion, combating carbon emissions and regulating weather that affects climate and other disasters By Fazilla Tembo CDH Investment Bank (CDHIB) has supported Lilongwe University of Agriculture and Natural Resources (LUANAR)…

President Chakwera did not single out sugar prices to be investigated—CFTC

March 2, 2024

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| Business, National, News

The CFTC is investigating this kind of fair trading in shops * It was to investigate all price increases for any sign of unfair trading practices and provide weekly reports to the President’s office * It is not the standard practice for CFTC to name the companies under investigations before the investigations are concluded and determinations made By Duncan Mlanjira Competition & Fair Trading Commission (CFTC) has denied that President Lazarus Chakwera did not single out sugar prices or…

FDH Bank commits K61.6m investment into Mary’s Meals Malawi’s school feeding programme

March 2, 2024

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| Business, Education, News

* The bank understands that for the country to develop and build responsible citizens, it requires to have educated people * Hence the need to provide enough support to school children and also reduce dropout rates By Victor Singano Jnr As one way of fulfilling one of its pillars of the corporate social responsibility, FDH Bank Plc on Friday committed funds worth K61.6 million to Mary’s Meals Malawi to help in its school feeding program for a period of…

Illovo Sugar Malawi being hit hard by rampant theft of sugarcane and company equipment

March 2, 2024

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| Business, Law Enforcement, News

Screenshot of the video that captured people stealing the sugarcane * People are taking advantage of the desperate hunger situation the country is reeling of in this lean food insecurity season * It was unfortunate that Illovo is being targeted in this way yet when need be, the company always reaches out to its neighbouring communities in times of disaster and serious food shortages By Duncan Mlanjira Illovo Sugar Malawi Plc, which is being hit hard by rampant theft…

FCB launches another civil servant promotion dubbed ‘Aweluke’

March 1, 2024

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| Business, News

* Monetary prizes include K250,000 to 3 people in each month with the second prize being K3 million respectively * The promotion is also mainly aimed at commending the good services civil servants provide to the government By Victor Singano Jnr In an effort aimed at giving back to its customers, First Capital Bank (FCB) Plc has launched a new promotion loan facility civil servant — dubbed ‘Civil Servant Aweluke’ to apply for a minimum of K1 million and…

Muslim Youth United distributes 6,000 food packs and K2,000 cash to each beneficiary

March 1, 2024

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| National, News, Religion

* The total investment was at K200 million sourced from various wellwishers in the Muslim community * The food packs include maize flour; sugar; rice; beans; salt; cooking oil, among others By Duncan Mlanjira Muslim Youth United (MYU), a philanthropy arm of young’s Muslims in Malawi, has responded to lean season food insecurity by not reaching out to vulnerable rural communities with maize flour, but with packs of assorted food items. The charitable organisation, that randomly carries out charity…

Standard Bank deposits its annual 20m contribution into MUST Endowment Fund

March 1, 2024

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* This is the third contribution from Standard Bank which brings the total investment to K60 million out of the pledged K80 million * The MUST Endowment Fund was established in 2021 to assist needy students and enhance resource mobilization and so far has grown to K3.4 billion By Duncan Mlanjira Standard Bank Plc has deposited its K20 million annual contribution to the Malawi University of Science and Technology (MUST) Endowment Fund in fulfilment of the bank’s four-year commitment…

Government stops Lilongwe City Council from enhancing by-laws of slashing down maize cultivated on reserved plots

March 1, 2024

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| Law Enforcement, National, News

* The general public appreciates that the exercise was conducted pursuant to existing units-laws * But is concerned with the timing of the exercise considering the maturity stage of the crop and the projected challenges in maize yield this growing season By Duncan Mlanjira Following concerns and mixed reactions over the decision by Lilongwe City Council to cut down maize grown on reserved plots of the Capital City, Ministry of Local Government, unity & Culture has ordered the Council…

Airtel Africa and Cisco revolutionizes secure connectivity for businesses in Africa with Network-as-a-Service offering

March 1, 2024

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| Business, International, News

* At Cisco, we believe that every organization would benefit from simplifying powerful technology * Together with Airtel Africa, we are reducing networking complexities and securely connecting the world through NaaS By Duncan Mlanjira Airtel Africa, on Wednesday February 8, has announced a ground-breaking expansion of its service portfolio in collaboration with Cisco to empower businesses to seamlessly embark on their digital transformation journey by offering Network-as-a-Service (NaaS) solutions across various service platforms. Cisco Systems is an American multinational…