Forum for National Development petitions RBM to investigate banks involved in 338 ATM cards confiscated at KIA

* Among the cards confiscated belonged to leading banks in the country and we call upon you to probe these banks * Banks are supposed to conduct a Know-Your-Customer (KYC) on opening bank accounts and issuing ATM cards * It is a serious lapse and offence by these banks that only five individuals will have these number of cards By Duncan Mlanjira The Governor of the Reserve Bank of Malawi (RBM), who is the financial services regulator in the…

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Muluzi’s Nigerian business partner Dozy Mmobuosi touted to fund construction of houses for Cyclone Freddy survivors is involved in fraud allegations

* Hindenburg Research accused Mmobuosi’s fintech company, Tingo Group of being an “exceptionally obvious scam with completely fabricated financials” * Nigerian Communications Commission (NCC), which revealed that it has no record of Tingo being a mobile licensee at all, despite company claims of having 12 million mobile customers By Duncan Mlanjira Nigerian businessman, Dozy Mmobuosi — who was unveiled by former President Bakili Muluzi as the donor for the housing project in Phalombe to benefit Tropical Cyclone Freddy surviving…

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FDH Bank sponsors K5m towards Golf Union of Malawi Matchplay Championships

Nkunika and PR Manager Lorraine Chikhula (right) presents the support to GUoM’s Chidya Gondwe and honorary secretary, Ulemu Lisa Luhanga * Qualifiers for the finals will be held on Saturday, June 18 at Kasasa, Nchalo, Lilongwe, Country Club Limbe, Blantyre Sports Club * To identify 80 finalists with 16 each for Championship Division; Division A; Division B; ladies; juniors * An important all-inclusive tournament that is also used to rank the best players for consideration into the national golf…

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Former Italian prime minister Silvio Berlusconi dies at 86

* He had been discharged from hospital last month where he was treated for over six weeks * For a lung infection linked to chronic leukaemia and his death brings an end to one of the most colourful and controversial political careers of recent times *With the scandal-hit prime minister famous for his notorious ‘bunga bunga’ parties * Sex parties, which involved prostitutes and caused a major scandal in Italy Tom Gillespie, Sky News Berlusconi — one of the…

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Muloza traders attests to Parliamentary Committee on Trade that Illovo’s sugar prizes are lower in Malawi than in Mozambique

Illovo’s Trade Representative, Andrew Kazembe explaining business strategies being implemented for Illovo to perform well * This follows calls for Illovo Sugar Malawi Plc to reduce sugar prizes being propagated by trade stakeholders and CSOs * Such Consumer Association of Malawi (CAMA); Centre for Democracy & Economic Development Initiative (CDEDI) * As well as Government itself — which are in the forefront demanding reduction of sugar prices By Duncan Mlanjira On its fact finding mission to comprehensively analyse the…

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Chakwera hold bilateral talks with Egypt’s President on exchange of trade and agricultural products

* The Egyptian delegation expressed their concern and they were sad to hear about the devastation of Cyclone Freddy * And they have requested for a report as to what happened and what are the needs — to see, how best they can support By Yamikani Yapuwa, MANA At the 22nd COMESA Heads of State and Government Summit in Lusaka, Zambia, President Lazarus Chakwera held bilateral talks with President of Egypt, Abdel Fattah El-Sis where they discussed various areas…

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Manchester City 1-0 Inter Milan; ‘Pep Guardiola’s side finally conquer Champions League mountain’

* The win completed the Treble of Champions League, Premier League and FA Cup * Joining arch-rivals Manchester United as the only English club to achieve the feat By Phil McNulty, BBC Sport The clock was ticking towards midnight in Istanbul when the moment Manchester City craved finally arrived and this sprawling old metropolis on the banks of the Bosphorus could turn sky blue. Manchester City have taken a scenic and often desperately painful route to winning the Champions…

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Legendary former Bafana Bafana coach Clive Barker dies at 78

* Clive will be remembered by South Africans for his role in helping to bring a nation together around the 1996 Africa Cup of Nations * But for us he was a loving husband, father, and grandfather, and he will be dearly missed * Barker’s coaching career spanned 42 years, in which he mentored teams including AmaZulu, Manning Rangers, Durban City, Durban Bush Bucks, Santos Cape Town, Wits * And — as his last assignment, Maritzburg United, which came to an…

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Soldier Lucius Banda to spice up Essex Malawi Association’s Independence Day celebrations

* This great son of Malawi is greatly celebrated and many people have already bought their tickets * Also on board is Wendy Harawa, the acclaimed Malawian gospel artist who also performed with Lucius Banda in the past * Day’s events include Malawian traditional games of Fulaye, Rounders, Phada, Bawo, traditional dances and much much more By Duncan Mlanjira In collaboration with the Office of the High Commission in UK, who have been hands on and very supportive with…

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TNM moves to improve literacy levels

* Donates K2.5 million towards this year’s Malawi National Spelling Bee grand finale * To take place on June 14 at the Grand Palace Hotel in Mzuzu  * Malawi National Spelling Bee Program is an annual initiative in which children do compete in spelling out words with an aim of improving literacy levels in the country Maravi Express Malawi’s pioneer mobile network and ICT services provider, TNM Plc has said sound and improved literacy level among children are key…

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