NICO Group aims to focus on ‘Business Growth’ in its next 5-year strategic plan

* Our focus within that period was to consolidate and strengthen our operations * Which would manifest itself by strong financial position besides good performance in terms of profit By Victor Singano Jnr, Correspondent Malawi’s leading financial services institution company, NICO Group says it is targeting to dwell much on business growth in its next 5-year 2022-2026 strategic plan which is set to afford its clients to enjoy the Group’s best services. At the company’s ‘Stakeholders Engagement Meeting’ on…

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High Court rules in favour of ESCOM in injunction case filed by Chinese company

* Zhang Di t/a Yangtse sought the court’s intervention following ESCOM’s decision to reverse unauthorised transfer of electricity to the company’s meters and illegal consumption of electricity totalling K46 million By Peter Kanjere, ESCOM PRO officer The High Court’s Commercial Division in Blantyre has rejected an injunction application which Chinese company, Zhang Di t/a Yangtse made stopping the Electricity Supply Corporation of Malawi (ESCOM) from deducting the firm’s 60% of every new electricity purchase. Lawyer Chrispin Ngunde of Tamandani…

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Mzimba communities applaud government for social cash transfer program

Beneficiary Mwazama (left) having a chat with DC Rodney Simwaka * I have managed to embark on animal and poultry farming—57-year-old beneficiary, Nixon Mwazama * I now have 26 local chickens, 10 ducks and six goats and next I will build a modern house By Aliko Munde, MANA Beneficiaries of social cash transfer program in Mzimba South District have applauded government for the initiative, which they say will go a long way in improving their livelihoods. One of the…

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CDEDI demands arrest of controlling officers who approved dubious accumulated and unjustified allowances

CDEDI Executive Director Sylvester Namiwa * The accountants cannot draw money from Account No. 1 on their own * In an unlikely event that this indeed happened, then the Accountant General, the Secretary to the Treasury and controlling officers would be the biggest failures * And not fit to be in those offices, and to put it bluntly, they deserved to be arrested first! * It is a very well-known fact that there is a culture of allowances everywhere…

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ActionAid raised red flags in 2015 on “harmful” tax incentives that Malawi government awarded to Australian mining company Paladin

* This money could have paid for 431,000 annual HIV/AIDS treatments * or 17,000 annual nurses salaries; * or 8,500 annual doctors’ salaries * or 39,000 annual teachers salaries By Duncan Mlanjira ActionAid, the global federation working for a world free from poverty and injustice, contended in a issued in 2015 that Malawi, “the poorest country in the world, lost out on US$43 million in revenue from 2009 to 2015 from a single company — the Australian mining company…

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Malawi’s netball legend Mary Waya appointed coach for Namibia national team; Eyes to qualify for 2023 Netball World Cup

* To be assisted by Namibian Antoinne Wentworth alongside Zimbabwean Lloyd Makunde * We just need to do one or two things on tactical and technical * We also need to increase the intensity of the players as well as their strength By Duncan Mlanjira Malawi’s netball legend, Mary Waya has been appointed as coach for Namibia national team and is set to inspire the squad to qualify for 2023 Netball World Cup to be hosted by South Africa….

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DPP emulates Nankhumwa by holding rally at same venue on separate consecutive days

* Guest speaker will be George Chaponda who is earmarked by DPP to replace Nankhumwa as Leader of Opposition * Nankhumwa’s rally to be spiced by mega crowd pullers The Black Missionaries, Anthony Makondetsa and other two artists * Chaponda’s, to be hosted by DPP’s regional governor (South) Charles Mchacha, has musician Dan Lu By Duncan Mlanjira After beleaguered Democratic Progressive Party (DPP) vice-president (South), Kondwani Nankhumwa announced his intention to hold a mass rally at Nyambadwe Primary School…

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Mchacha refers Nankhumwa to DPP president Mutharika to seek permission to hold mass rally

Embattled DPP vice-president, Kondwani Nankhumwa * You will only be allowed to hold the mass rally and meet Southern Regional Executive Committee ONLY when you get such approval in writing * Nankhumwa is embroiled in leadership wrangle within the DPP hierarchy * The most recent being removed as Leader of Opposition and replaced by George Chaponda By Duncan Mlanjira The embattled Democratic Progress Party (DPP) vice-president (South), Kondwani Nankhumwa has been referred to party president Peter Mutharika to seek…

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Globe Internet Ltd offended that MACRA “scared” its customers when imposing regulatory sanctions on the company

* Globe Internet using frequencies in the 700 MHz frequency band from April 1, 2022 without a frequency spectrum licence from MACRA * Further warns customers that use wireless internet services may be affected when the sanction becomes operational * MACRA maintains it is only protecting the interests of the customers by ensuring that they are not inconvenienced * The statement that MACRA has issued is within the mandate of raising proper awareness around communication services By Duncan Mlanjira…

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Gabadinho beaten by Senegal’s Pape Ousmane Sakho for Goal of the Year award

Sakho receives his award from African football legend, Jay Jay Okocha * Through votes from football fans across Africa, including those from his compatriots, Gabadinho’s stunner against Morocco at the AFCON made CAF to shortlist it amongst three By Duncan Mlanjira The Flames’ talisman, Gabadinho Mhango was beaten to the CAF Goal of the Year award by Senegal’s Pape Ousmane Sakho during the 2022 Confederation of African Football (CAF) awards gala held tonight, July 21 in Rabat, Morocco. Gaba’s…

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