News – Page 54 – Maravi Express – Your Kind of News. Clear and accurate.

Standard Bank Group becomes 1st African bank to directly participate in China’s Cross-Border Payment System

December 16, 2025

* The system is designed to provide a more efficient, low-cost, and convenient way to conduct international RMB payments * And serves as an alternative to the global SWIFT network for Chinese currency, Yuan-denominated transactions By Duncan Mlanjira Standard Bank Group has become the first African bank to participate directly in China’s Cross-Border Interbank Payment System (CIPS), a major milestone in facilitating Africa-China trade. In a statement from Lilongwe, Standard Bank Malawi indicates that the system is designed to…

Suspending pension payments is a violation of public trust

December 12, 2025

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| National, News

* In well-functioning pension systems, pension funds are ring-fenced, professionally managed, and insulated from political or fiscal turbulence * Contributions are invested in long-term, low-risk financial instruments such as government bonds, treasury securities, or diversified mutual funds to ensure stable returns and guaranteed payouts * These systems are designed specifically to prevent a situation where retirees are left wondering whether their next payment will arrive Analysis by economic expert, Dr. James Kadyampakeni The recent decision by the Government of…

Three teams to fight for 2nd and 3rd places of NBS Bank NDL once Red Lions clinch the title

December 12, 2025

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| News, Sports

* Red Lions officially sealed their return to the TNM Super League after defeating Bangwe All Stars 1-0 at Balaka Stadium last Sunday * And now they just need three more points to be crowned champions of the inaugural league By Duncan Mlanjira Three teams, runners-up Baka City with 35 points; Mitundu Baptist (3rd/29pts) and Namitete Zitha (4th/29pts) will fight for 2nd and 3rd places once leaders Red Lions clinch the NBS Bank NDL title National Division League (NDL)….

CFTC uncovers Simama shop in Dedza withholding 3,000 bales of Illovo Malawi sugar

December 12, 2025

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| Business, Law Enforcement, National, News

* Ministry of Industrialisation, Business, Trade & Tourism has since sealed the shop after being alerted by CFTC * CFTC has thus taken a keen interest to uncover and address any business malpractices that may have the potential to distort competition and erode consumer welfare in this market * The Commission, therefore, encourages the general public to be alert and report any suspected business malpractices surrounding sugar and any other products or services By Duncan Mlanjira Following a tip,…

Leaders Silver Ladies on road to face bottom of the table Topik Academy in NBM Women’s Premiership Match Week 13

December 11, 2025

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| News, Sports

* The Silver Ladies have 33 points while Ascent Soccer have 26 and on 3rd place are Mighty Wanderers Queens with 20 points * Who host 7th-placed Kukoma Ntopwa Women (18 points) at Mpira Stadium from 10h00 on Saturday By Duncan Mlanjira Silver Strikers, who opened a 7-point lead after beating runners-up Ascent Soccer last week at home, are on the road to face rock bottom of the table Topik Academy at Mzuzu Stadium, while Ascent are at home…

Only a single all-NBS Bank NDL encounter in Round of 32 of Castel Challenge Cup between Red Lions and Ndirande Stars

December 10, 2025

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| News, Sports

* The rest are up against top TNM Super League; Ntaja United v Ekhaya FC, Namitete Zitha v Silver Strikers, Chilumba Barracks v Mighty Tigers, Bangwe All Stars v Moyale FC and Chintheche United v Shire Wimbe * As defending champions Mighty Wanderers have been drawn against former TNM Super League side Extreme FC By Duncan Mlanjira The draw for the Round of 32 of the Castel Challenge Cup 2025/2026 was concluded yesterday in which there is only a…

Ascent Soccer: A decade of borrowed pitches and borrowed time to Southeast Africa’s first purpose-built green school and soccer academy

December 10, 2025

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| News, Sports

* This transformation wasn’t built by chance, it was built through belief; your belief— his is what you’ve built! * Your gift today expands our campus, grows our capacity, and builds a pathway for the next generation of Malawi’s under-served talent and promise By Duncan Mlanjira Ascent Soccer continues to inspire well-wishing donors towards to support the expansion of their Lilongwe campus, growth of its capacity to build a pathway for the next generation of Malawi’s under-served talent and…

Malawi’s top 200 marketing brands to be honoured Friday at inaugural IMM Superbrand Awards

December 10, 2025

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| Business, News

* It is a research-driven national initiative aimed at identifying and celebrating the strongest brands across the economy — to mark a transformative moment in how brand excellence is recognised in Malawi * The awards reflect a rigorous year-long process of market research and verification, adding that the study involved validated consumer surveys, expert assessments and industry-wide evaluations By Duncan Mlanjira Institute of Marketing in Malawi (IMM) is set to host the country’s first-ever Superbrand Awards on Friday, December…

EGENCO asks for additional financing for Kapichira’s dam rehabilitation on top of US$44.7m World Bank support for hydro plant rehabilitation and modernisation

December 9, 2025

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| Business, National, News

Liabunya first making his presentation at Tedzani Boardroom * As it rolls out rehabilitation and modernisation projects for Nkula B and Kapichira power plants with support from EU & EIB and AfDB * The power plant’s rehabilitation projects involve turbine & generator overhauls and replacement of outdated control systems with modern technologies * Restoration of 32.4MW Tedzani Unit 5 that went off the grid in December 2024 is set to be fully completed by end of this month By…

Healthy employees is good business all round—Illovo Sugar Malawi Nchalo Estate in commemorating World AIDS Day

December 9, 2025

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| Business, Health, National, News

General Manager Ricky Pillay leading the commemoration parade * Under the theme; ‘We remember, we lead, we rise to transform the response’, which reminds that the fight against HIV/Aids is not over * Spread love, not HIV; let’s unite in the fight against AIDS by getting tested and if positive, start and stay on treatment * Support colleagues, fight stigma and be champions of change — together we can rise to transform the response and ensure a healthier, stronger…