Ministry of Trade & Industry suspends exportation of scrap metal

* All licences which were issued before this notice stand revoked and no export of scrap metal shall be entertained * There is empirical evidence that those involved in the malpractice, sell the materials as scrap metal * To fulfil their business requirements which is not in tandem with our national development agenda By Duncan Mlanjira Following the increased vandalism of infrastructure for Electricity Supply Corporationof Malawi (ESCOM); waterboards, telecommunication and the railway Ministry of Trade & Industry —…

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Russia honours Zikhale Ng’oma’s presentation on cyber crime

The Minister addressing the delegates in Moscow * I am personally impressed with your understanding of issues related to cyber crime—Igor N. Zubov, State Secretary * A special meeting between Zubov and the Minister was arranged to discuss issues for the benefit of Russia and Malawi By Chrispine Lwanja, in Moscow A presentation on cyber crime by Malawi’s Minister of Homeland Security, Kenneth Zikhale Ng’oma at the 11th edition of the international meeting of high-ranking officials responsible for security…

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MBS manipulated vehicle licence plates standards to frustrate specific importer, Bulldog

Plates being supplied by MOVESA that are non-compliant * The case has even attracted the attention of the Parliamentary Committee on Transport * After also undergoing court processes and an investigation from Competition & Fair Trading Commission (CFTC) * Which fined MBS together with the Road Traffic Directorate for engaging in the anticompetitive conducts * When they granted waiver to private firm MOVESA, as sole importer, yet this supplier’s plates had failed to meet specific standards By Duncan Mlanjira…

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Malawi Parliament endorses government’s enforcement of relocation of refugees to Dzaleka Camp

* We have noted that the action by government follows the behavior of some refugees * Whose conduct in living and doing business outside designated refugee camps without any permit is inconsistent with the law * That regulates refugees and asylum seekers in this country By Duncan Mlanjira In its constitutional mandate to provide oversight on the actions of the Executive Arm of Government, Malawi Parliament has endorsed the decision which the Ministry of Homeland & Security to enforce…

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CFTC alerts financial service providers of complaints being received from consumers

The few who honoured the invite together with some members of the media * Suspected collusive conduct, through uniform pricing of interest rates * Non-disclosure of material information especially when marketing loan packages * Where the terms & conditions are indicated that they shall apply but are usually in very unreadable small print fonts * Frequent inaccessibility of e-financial services that include poor access to ATMs and electronic payments services due to network problems By Duncan Mlanjira In its…

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MBS Director General in sync with Parliamentary Committee to address concerns over monopoly of importation of vehicle number plates

* It was all about miscommunication — I am in touch with the Chair of the Committee * And the matter is receiving required attention for redress By Duncan Mlanjira Newly-appointed Director General for Malawi Bureau of Standards (MBS), Dr. Bernard Thole has clarified that the reports on some media platforms that he was deemed to have snubbed summons to appear before the Parliamentary Committee on Transport & Public Infrastructure has been reported out of context. Some media platforms,…

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Staff member at Kamuzu Academy caught and fired for leaking Cambridge IGSE examinations

* After investigations, it was discovered that secure envelopes containing three subjects were tampered with * After being informed, Examination Office at Cambridge in responded promptly and emailed confidentially new examination papers * As such, the breach will have no effect on the integrity of the examinations that students sat for at the Kamuzu Academy By Duncan Mlanjira A deputy examination officer at Kamuzu Academy has been discovered to have opened secured envelopes containing three subjects of Cambridge International…

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MRA’s Msonkho Online upgraded in a big bang with extra service modules

* From Monday, May 8, 2023, Msonkho Online has been upgraded with tax returns on corporate income * As well as tax returns on personal income; provisional; withholding; presumptive; mining * Also VAT on imported services and partnership income return * Part of a number of reform projects that MRA is carrying out in order to increase tax compliance and strengthen integrity By Duncan Mlanjira In its modernization reforms to, among others, widening the tax net; enhancing taxpayer service…

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CFTC encourages companies to develop compliance policies for early detection to address danger areas

* The consequences of failing to comply with competition and consumer protection law are serious * They include fines, imprisonment for up to five years, civil actions by third parties and reputation damage By Duncan Mlanjira The Competition and Fair Trading Commission (CFTC) Executive Director, Lloyds Vincent Nkhoma said they are never happy to investigate and order fines against businesses that have flouted regulations — thus he has encouraged companies to develop compliance policies. A statement from CFTC quotes…

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Minister Zikhale Ng’oma makes U-turn on revocation of Ichocho licence; Calls owner to disciplinary hearing

Minister Zikhale Ng’oma * This follows a petition made by Forum for National Development that asked Zikhale Ng’oma to reverse his decision * Saying it was unfair and pushes a section of the public into poverty By Duncan Mlanjira Minister of Homeland Security, Ken Zikhale Ng’oma, who made unilateral decision to revoke licence for Ichocho Power Security last week, has backtracked and has since asked owner of the company, Yassin Suwedi to a disciplinary hearing scheduled for Tuesday, May 2….

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