News – Page 478 – Maravi Express – Your Kind of News. Clear and accurate.

Ecobank Malawi posts K11.6 billion profit before tax in half-year 2021

August 24, 2022

* The sustained growth underscores Ecobank’s resilience arising from its leadership position in trade finance * As well as the digitization of products and services, operational efficiency, and excellence in delivery of customer-centric services * Ecobank Malawi Ltd is part of the Ecobank Transnational Incorporated, the parent company of the Ecobank Group Victor Singano Jnr, Correspondent One of the country’s leading banks, Ecobank Malawi Limited has posted its 2022 half year summary of unaudited results, recording a profit before…

Malawian professional taekwondo athlete Guba wins bronze at UK’s Ultimate Summer Championships

August 23, 2022

| No Comments

| News, Sports

* His 8th medal just this year alone — 5 gold, 1 silver and 2 bronze * I fought Smith Xander from Focus Taekwondo in the semifinals * It was a close match which I lost by 1 point difference in the last few seconds of the last round * He is now preparing for the British National Taekwondo Championship next month By Duncan Mlanjira Malawi’s only heavy weight professional taekwondo athlete, Yamikani Guba has now attained 8 medals…

MACRA awards licence to new mobile operator Malcel Plc; Set to invest US$280m over next 5 years

August 23, 2022

| No Comments

| Business, News

Malcel Founder and the company brand * The process of vetting their license was rigorous and we are satisfied with the application as submitted * We are still in the process of working with them until the Gazetting of the license as per law and regulations—MACRA Director General Daud Suleman * Malcel Plc also registered a mobile money company named MCASH to be used as a vehicle for enhancing financial inclusion * We are honoured to be given an…

Kamphulusa, Mbanda shine in One NICO golf tourney at Nchalo Club

August 23, 2022

| No Comments

| News, Sports

Ladies champion, Bose Kamphulusa * The tournament was organised to share luxury opportunities with NICO’s partners and stakeholders * As well as partnering with Illovo Sugar Malawi Plc, who are one of their biggest clients * As NICO, we believe in engaging with our customers, and partners in both in formal set ups and also outside the office — Mandala Victor Singano Jnr, Correspondent Blantyre-based female golfer, Bose Kamphulusa and Lilongwe-based Sakurayi Mbanda emerged winners in ladies and men’s golfers…

Ecobank rolls out a mobile App digital transaction promo to reward 13 lucky customers every Friday

August 23, 2022

| No Comments

| Business, News

Kalambule, Ecobank’s country head of consumer banking * Named called ‘Ka *326# Weekend Starter Digital Promotion’, it started from August 19 to October 14, 2022 * The cash rewards would be redeemed at any Ecobank ATM using the cardless withdrawal option Victor Singano Jnr, Correspondent As one way of rewarding it’s customers who transact on *326# mobile banking and Ecobank mobile App digital platforms, Ecobank Malawi Limited Plc has rolled out a new promotion in which 13 lucky customers…

EGENCO, Shire Valley Transformation Programme working together to restore power lost at Kapichira Hydro Station

August 19, 2022

| No Comments

| Agriculture, Business, National, News

The damage at Kapichira as captured in January * President Lazarus Chakwera directed that the lost 130 megawatts be restored at Kapichira by December * Restoration is in two phases; temporarily construction of the cofferdam around mouth of the damaged fuse plug * And as soon as power generation is restored, to reconstruct the whole dam structure with an improved design * The SVTP massive irrigation project is touted as the biggest of such in the Southern African region…

Cattle from Foot and Mouth-affected Chikwawa reportedly being smuggled into Blantyre through uncharted routes

August 19, 2022

| No Comments

| Agriculture, Business, Health, National, News

* Prices of beef in supermarkets have skyrocketed against the government’s regulated prices of meat products * This follows ban on livestock movement from Shire Valley ADD due to the disease’s outbreak * In South Africa, only veterinary permit holders can have their cattle for direct slaughter at registered abattoirs By Duncan Mlanjira Concerned meat products retailers in Blantyre indicate that they have received reports that most traders of beef in the local markets is from cattle that is…

Leading SADC opens up Malawi for more international trade—Chakwera

August 19, 2022

| No Comments

| Business, International, National, News

Chakwera in Kinshasa * SADC meetings gave opportunities for Malawi to interact with all manner of Ministries, departments and agencies * We were able to mobilize the whole region to act together combatting insecurity in neighboring Mozambique * Regional integration will happen when countries are able to trade amongst themselves By Wallace Chipeta, MANA in Kinshasa, DRC President Lazarus Chakwera’s one-year tenure as chairperson of Southern African Development Community (SADC), Malawi stands to gain a lot in the short…

Veteran Carver Bhima gives Alpha Arts seal of approval for successful hosting of 2022 Miss Malawi pageant

August 18, 2022

| No Comments

| Business, Entertainment, News, Tourism

Carver Bhima (centre) with Alpha Arts team and management of Serendib Hotels * Alpha Arts met all rules and guidelines when they applied to hire the licence from him * He was formally introduced to Lotus Hotel, managed by Serendib Hotels * Who are the official partners and sponsors for the 2022 national pageant By Duncan Mlanjira Veteran organiser of Miss Malawi pageant, Carver Bhima — who is also the licence holder of the national event — has given…

Africa’s most successful youngest entrepreneur Dumisani Ncube to deliver keynote address at Sycamore Consult’s wealth conference in Lilongwe

August 18, 2022

| No Comments

| Business, National, News

Zambia’s most successful entrepreneur * Malawian speakers include Prophet Shephard Bushiri; Standard Bank Malawi CEO, Phillip Madinga; Patricia Mwase * As well as Audrey Mwala and National Planning Commission Director General, Thomas Munthali * Complementing the MW2063 theme of ‘An Inclusively Wealthy & Self-reliant Nation’ By Victor Singano Jnr, Correspondent Dumisani Ncube, the Zambia entrepreneur who is rated by Forbes as Africa’s second youngest millionaire at only 29 years old, has been invited as guest of honour to deliver…