News – Page 108 – Maravi Express – Your Kind of News. Clear and accurate.

Inflation declines for the fourth consecutive month—RBM Deputy Governor Kisu Simwaka

July 18, 2025

* It continues to descend slowly, reaching 27.1% in June 2025 — supported by softening food prices * Food inflation — “which accounts for more than half of the country’s inflation basket — dropped to 31.6% from 44.9% in January 2024 * Non-food inflation edged down to 20.1%, from 22% in January 2024 — but while inflation has been decelerating in recent months, it remains high By Duncan Mlanjira Ahead of the official launch of the Reserve Bank of…

There is indeed need to preserve Mulanje Mountain to maintain its new status of UNESCO World Heritage Site

July 18, 2025

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| Business, National, News, Tourism

* As its bauxite mining by Akaswiri Mineral Resources might undermine its natural value and importance to global biodiversity * The government touts the bauxite mining as among 7 others earmarked to position Malawi to become the largest exporter in the sector * Estimates show that mineral exports between 2026 and 2030 would average US$3 billion per annum under the best case scenario—RBM Deputy Governor Analysis by Duncan Mlanjira The Reserve Bank of Malawi (RBM) Deputy Governor, Kisu Simwaka…

Vice-President Usi blames political parties for Malawi’s underdevelopment

July 18, 2025

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| National, News, Politics

* And largely due to laziness of some civil servants and sabotage of the civil service by a section of people who want to get back into power * Dismissing lazy and underperforming civil servants holds the key to invigorating performance of Malawi civil service By Joel Phiri & Justice Kawonga, MANA State Vice-President Michael Usi contends that the country has failed to register remarkable strides in development despite changing ruling political parties because it faces manifesto implementation challenges…

Police seize over 1,200 litres of fuel transported without permit in Karonga

July 18, 2025

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| Law Enforcement, National, News

* Few days after a petrol explosion in Mangochi claimed two lives of a 45-year-old woman and her 13-year-old son and leaving her 20-year-old daughter severely burned * We urge all transporters to adhere to regulations governing the handling and transportation of fuel and other flammable substances * The law will take its course on those found in violation of such regulation—Karonga Police spokesperson Margret Msiska By George Mponda, MANA & Duncan Mlanjira, Maravi Express Police in Karonga have…

Chewa Heritage Foundation targets to raise K150 million for 2025 Kulamba Festival

July 18, 2025

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| Entertainment, National, News

* Through a fundraising dinner & dance on August 2 at Bingu International Conference Centre (BICC) in Lilongwe * The annual Kulamba Festival takes place in Mkaika Village in Katete District of the Eastern Province of Zambia * That brings together Chewa chiefs and their subjects from Zambia, Malawi and Mozambique to pay homage to their Paramount Chief, Kalonga Gawa Undi By Beatrice Bangula, MANA In preparation for the 2025 Kulamba Festival scheduled for August 29 in Zambia, Chewa…

Mulli Brothers Limited fined heavily by CFTC for denying customer access to scrap metal bought at K36 million

July 17, 2025

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| Business, Law Enforcement, News

Nkhoma (2nd left) flanked by Commissioners Edward Joshua and Kizito Pheleni and PRO Innocent Helema * Order to refund Haswell Shonga MK2.41 within 30 days and for Mulli Brothers to pay a monetary penalty of 1% of their gross annual turnover to the CFTC * For engaging in unconscionable conduct, contrary to Section 51 (g) of the Competition and Fair Trading Act * Also ordered to submit audited financial statements for the immediate past financial year for assessment of…

CFTC approves Old Mutual Infrastructure Investment Fund’s acquisition of 25% minority shares in Golomoti JCM Solar Corporation Limited

July 17, 2025

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| Business, National, News

* Old Mutual Infrastructure Trust Fund was founded in December 2021, as a special purpose vehicle for infrastructure investments * With a focus on public infrastructure mainly student housing, transportation, and renewable energy By Duncan Mlanjira Competition & Fair Trading Commission (CFTC) has approved the acquisition of 25% minority shares from InfraCo Africa Limited in Golomoti JCM Solar Corporation Limited that was applied for on April 25, 2025 by Old Mutual Infrastructure Investment Fund. This has been done having…

Malawi/Mozambique power interconnection project expected to be commissioned by end of this 2025

July 17, 2025

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| Business, National, News

* This achievement marks real progress towards interconnection, which will unlock 120 megawatts of import capacity for Malawi but we will start with the 50 megawatts for now * Complimenting this project will be the Zambia/Malawi as well as the Tanzania/Malawi power interconnector projects that we also will be implementing By Duncan Mlanjira Chief Executive Officer (CEO) of Electricity Supply Corporation of Malawi ESCOM Limited, Kamkwamba Kumwenda announced yesterday that the Malawi/Mozambique Power Interconnector project is expected to be…

‘Public relations is an art of building relationships, managing perceptions and influencing positive change’

July 17, 2025

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| Business, News

PRSM president, Benson Linje * This year’s theme; ‘Shaping Malawi’s Future Through Strategic Communication’ reminds us that strategic communication is not a luxury — it is a necessity * In a world of rapid change, misinformation, and growing public expectations, Malawi needs communicators who are not only skilled but also strategic By Duncan Mlanjira President of Public Relations Society of Malawi (PRSM), Benson Linje contends that public relations is more than media releases and event planning — it is…

CFTC approves TNM Plc’s e-ticketing system for TNM Super League matches

July 16, 2025

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| Business, Law Enforcement, News, Sports

* On conditions that it should be rolled out alongside physical tickets for a period of six months from the date of the determination * Within one year the system should be opened to other financial/payment service providers to ensure interoperability * The concerned parties should conduct awareness campaigns to educate football clubs, supporters and gate managers on the provision of e-ticketing solution By Duncan Mlanjira After through assessment of the impact of the exclusive dealing arrangement proposed by…