Chakwera says over 6m litres of fuel is being hauled into the country; Daily distribution has been doubled

Chakwera during a panel discussion at today’s Summit * Government has already secured US$28 million from local banks for the purpose of procuring fuel as short term solution * Also in pursuit of another US$50 million facility for the same on top of instructions for RBM to prioritize fuel procurement * NOCMA and MERA are working around the clock to address the situation with his instructions By Duncan Mlanjira President Lazarus Chakwera has assured Malawians that over 6 million…

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HRDC, CAMA asks Malawi leadership to swiftly deal with the fuel crisis “that has bedeviled the country”

* Should assure consumers when to expect next fuel supplies after NOCMA declares situation as a crisis * NOCMA issued a public alert on Tuesday, saying it has run out of both fuel and diesel in its Strategic Fuel Reserves * Barely a week after assuring the public that it has enough fuel in the country By Duncan Mlanjira The fuel crisis that has “bedeviled the country over the past two weeks is a sign that the country is…

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NOCMA finally accepts of fuel crisis in the country

Long queues that even involves fuel tankers * It has run out of both petrol and diesel in its Strategic Fuel Reserves * Advises the public to use fuel wisely to avoid long queues at pump stations By Duncan Mlanjira Barely a week after assuring the public that it has enough fuel in the country, National Oil Company of Malawi (NOCMA) now has sent an alert that it has run out of both fuel and diesel in its Strategic…

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Capital FM Radio settles its outstanding licence fees; MACRA to consider fresh licence application

* MACRA’s Board is set to meet next month * Capital FM Radio assured of maintaining its old frequencies once the application is successful * The regulator is on a serious campaign in enforcing the law on all players in the industry By Duncan Mlanjira Capital FM Radio, whose broadcasting licence was revoked last month, has settled all its outstanding fees of over K14 million and awaits Malawi Communications Regulatory Authority (MACRA) to consider its fresh licence application. A…

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Standard Bank Plc launches Report to Society to record and track its contribution to Malawi’s national development

Standard Bank CEO Phillip Madinga unveils the Report to Society in presence of UNDP deputy resident representative, Challa Getachew * As a financial services provider in Malawi, we remain resolute in our purpose — which is ‘Malawi is our home and we drive her growth * We are committed to playing our role to drive the country’s economic growth sustainably * By serving our communities through impactful projects that touch lives and improve societies By Duncan Mlanjira Standard Bank…

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MACRA tears apart Adrian & Company’s demand on MBC’s licence compliance citing it lacks legal basis

* Any future requests made to the Authority should cite the legal basis under which such request is being made or risk not being entertained * MBC account in MACRA’s books is reflecting a negative balance of K111,672.22 indicating overpayment by MBC to MACRA * MACRA does not have a licensee answering to the name, ‘Malawi Broadcasting Cooperation’ By Duncan Mlanjira Malawi Communications Regulatory Authority (MACRA) has challenged law firm Adrian & Company that its demand for the regulator…

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Illovo Sugar Malawi Plc invests K150m into MUST’s Endowment Fund

Professor Malata receives the investment from Illovo’s Mtambo Banda * This Endowment Fund agreement is part of Illovo’s purpose of creating a thriving Malawian community * It will contribute favourably to Illovo’s position in contributing to the MW2063 development agenda By Duncan Mlanjira In recognition of the country’s first-of-its-kind sustainable support for needy tertiary students, Illovo Sugar Malawi has invested K150 million into the Endowment Fundwhich Malawi University of Science and Technology (MUST) launched in July last year. At…

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NOCMA, MERA warn against fuel vending and public misinformation

* Rebukes the behavior of some individuals who report non-factual statements of different events and situations in the country * Mainstream media, asked to continue to inform and speak only the truth * As the most important people in distributing information and providing the country with truth By Monica Tambala, MANA National Oil Company of Malawi Limited (NOCMA) and Malawi Energy Regulatory Authority (MERA) have warned against vending of fuel as well misinformation done by the public through social…

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Forum for National Development also threatens MERA with lawsuit after serving MACRA with one

At the centre of it all, Henry Kachaje * MERA Board is being asked to make public the resolution made whether to maintain Kachaje appointed as CEO in 2021 * MACRA is being accused of shielding state-funded MBC on its compliance to payment of license fees * After the body revoked licenses for various TV and Radio stations for failure to service their license fees By Duncan Mlanjira Two days after serving Malawi Communication Regulatory Authority (MACRA) with demands…

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Joint Parliamentary Committee continues with fact-finding mission on power challenges the country is facing

EGENCO’s project manager, Harry Msosa taking through progress of restoration at Kapichira * The joint Parliamentary Committee first visited Kapichira Hydro Power Station in Chikwawa * To assess impact of the damage caused by Cyclone Ana back in January and progress of restoring the 130 megawatts of power * That has led to continued load shedding that last up to 10 hours a day with some parts of the country having no electricity at all By Duncan Mlanjira The…

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