Category: National

  By Duncan Mlanjira Consumer Association of Malawi (CAMA) has accused government spokespersons, including Ministers, for misinforming consumers on the reason behind current high prices of commodities, saying they should ensure that they have adequate information regarding its real triggers. In a statement issued on Friday, November 19, CAMA says the “misleading statements that are coming from Government spokespersons and Ministers can be a recipe for unnecessary civil unrest”. CAMA observes that the increase of prices is expected “to…

Read More

Leonnard Chikadya, MERA Board chairperson * MERA is embroiled in controversy that sorrounds appointment of Henry Kachaje as MERA’s CEO * The controversy is exacerbated after one MERA Board member, Pempho Likongwe tendered resignation * After admitting being involved in unethical conduct during the interviews of the MERA CEO By Duncan Mlanjira National Anti-Corruption Alliance — a grouping of Livingstonia Synod of Church of Central African Presbyterian (CCAP), Youth Society (YAS), Malawi Law Society and Centre for Human Rights…

Read More

* The public is being advised not to open the link nor navigate on the questions asked * All its promotions and web communications are hosted on its official website By Duncan Mlanjira National Bank of Malawi Plc has issued a disclaimer on a promotion that is widely circulating on social media enticing people to answer four questions relating to the bank and stand a chance of winning K70,000 instant cash. In its disclaimer, National Bank says all its…

Read More

Chakwera touring the solar power plant * Malawi needs reliable sources of energy for its national development —Chakwera * “There are so many partners of goodwill ready to help us develop this sector” * “This is clean energy and a model for green future the country wants” By Grace Kapatuka, MANA President Lazarus Chakwera has finally commissioned construction of the country’s first of its kind construction of solar energy plant which is expected to add 20 megawatts of power…

Read More

Likongwe deeply regrets his action  * Apologizes to the Public Appointment Committee of Parliament and to MERA Board “for letting them down” * “Whilst I was driven by my Christian values, I realize that legally I was not supposed to do that” By Duncan Mlanjira Malawi Energy and Regulatory Authority (MERA) board member, Pempho Likongwe has tendered his resignation following the controversy sorrounding Henry Kachaje, whose appointment as MERA’s CEO was faulted by the Ombudsman. In his announcement letter…

Read More

Kazako applauded MPC for its direct presence within rural communities * MACRA asked to provide regulatory incentives to operators willing to serve the rural communities * The 180 post offices dotted across the length and breadth of the country are all-inclusive By Duncan Mlanjira Minister of Information Gospel Kazako has said it is sad that only government parastatal, Malawi Posts Corporation (MPC) is serving rural communities while all other private postal and courier service  players in the sector are just…

Read More

By Duncan Mlanjira As at the end of 2020, national pension fund investment contributions was at K1.1 trillion up from K59.5 billion when the Pension Act was enacted while  the same time membership has also tremendously grown from 73,800 to 472,347 in 2020. This was disclosed on Monday by the Reserve Bank of Malawi (RBM) during a workshop that NICO Group organised to engage with various pension managers (employers) held at Sunbird Mount Soche Hotel in Blantyre. RBM’s Principal…

Read More

Maravi Express  At its 4th meeting of 2021 held on November 2-3, the Monetary Policy Committee (MPC) of the Reserve Bank of Malawi (RBM) maintained the policy rate at 12.0%. The Liquidity Reserve Requirement (LRR) ratio on domestic and foreign deposits is at 3.75% while the Lombard rate is at 20 basis points above the policy rate. In a statement from MPC chairperson, Dr. Wilson T. Banda says the decision was arrived at after considering the need to continue…

Read More