News – Page 13 – Maravi Express – Your Kind of News. Clear and accurate.

‘FINCA Malawi’s partnership with football is to ensure it not only entertains but also becomes platform for economic empowerment and opportunity’

March 12, 2026

* As it invests K100 million sponsorship for Malawi’s 3rd-tier football system, Southern Region Football League * Towards the 2026 season under the theme; #2026MpiraUyake, to ensure the Southern Region continues to produce some of the most exciting football talent * This partnership is a clear sign that under our ‘Transformation Agenda’, more partners are coming on board to invest in our beautiful game—FAM president Fleetwood Haiya By Duncan Mlanjira FINCA Malawi has unveiled K100 million sponsorship for Malawi’s…

TNM commits K10 million sponsorship towards Malawi Law Society’s AGM

March 12, 2026

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| Business, Law Enforcement, News

* TNM recognises the critical role that the legal profession plays in upholding the rule of law and supporting a transparent and predictable business environment * We are proud to partner with the Malawi Law Society as it continues to champion professional excellence and justice in Malawi By Victor Singano Jnr. TNM Plc, has made a commitment of K10 million sponsorship in support of the Malawi Law Society (MLS) upcoming annual general meeting (AGM) and conference scheduled for March…

Former SPC Coleen Zamba involved in the controversial PSPTF acquisition of Amaryllis Hotel

March 12, 2026

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* As indicated in Malawi Law Society’s comprehensive evaluation of the sale for Parliamentary Public Accounts Committee’s scrutiny * The Office of the President & Cabinet (OPC) forms the third cohort of PSPTF’s licensed Trustees Board of Trustees * SPC Zamba is alleged to have stated that as the highest office it had received reports suggesting the PSPTF might be sued for breaching the acquisition agreement * After the PSPTF Board cancelled the deal following recommendations presented by Continental…

Blantyre Mayor Jomo Osman’s sealing offices for unpaid city rates sparks hot debate on social media

March 11, 2026

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| Business, Law Enforcement, News

* Engagement and dialogue is the best option going forward; both City Council and MHC are providing public services and it is the public which stands to suffer * While I agree with you, I think Jomo is breaking a culture that has retrogressed us for some many years! * If ESCOM owes Water Board money, let ESCOM pay and vice-versa. As legal personalities or entities, organisations such as City Assembly have financial projections around which plans are made…

Government constructing houses for relocated 45 families affected by Mpatamanga Hydropower project

March 11, 2026

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* Contractors of the whole project are expected to be selected by May or June 2026 and expected to be completed by July 2026 * Construction of the hydropower project is expected to employ about 2,500 workers, with priority given to local communities for unskilled labour By Duncan Mlanjira The 45 families that are to be relocated to pave way for the construction of Mpatamanga hydropower plant in Neno District, will be soundly compensated by the Government by being…

Civil Service Pension Fund to wait 36 years to recover Amaryllis Hotel purchase costs; With profitability only expected after 40 years

March 11, 2026

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Amaryllis Hotel * Our projection valued the property at K36.7 billion, significantly lower than the K48.7 billion estimated by the buyer and seller—Continental Asset Management * Inconsistencies and unacceptable practice have emerged raising questions about the transaction’s integrity—PAC chairperson Steve Malondera By Patience Longwe, MANA Continental Asset Management has revealed to the Public Accounts Committee (PAC) of Parliament that the Public Service Pension Trust Fund faces a daunting 36-year wait to recover the K128 billion spent on purchasing Amaryllis…

DStv, GOtv to spotlight female‑led films, series, reality shows throughout International Women’s Month

March 11, 2026

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| Entertainment, News

* Including global cultural moments that reflect the brilliance and complexity of modern womanhood * As CANAL+ and MultiChoice celebrate achievements of African women in the entertainment and various business sectors * “The African entertainment industry is driven by women — actresses, directors, screenwriters and producers who bring depth and authenticity to every production” By Duncan Mlanjira In celebration of International Women’s Month, CANAL+ and MultiChoice, through DStv and GOtv, will throughout the period spotlight female‑led films, series, reality…

Mayor Jomo Osman disrupts CEAR’s control centre of operations critical to the safe coordination and monitoring of safe train movements

March 10, 2026

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| Business, News

* Despite on spot pleas that the company has documentation proving it does not have any outstanding city rates debt with Blantyre City Council * Which the Council’s Finance Department later verified that indeed it does not have any outstanding debt or unpaid city rates By Duncan Mlanjira Blantyre City Mayor, Jomo Osman, accompanied by his deputy Gerald Lipikwe and other Councillors and secretariat staff, went on a spree today ordering the closure of companies and institutions owing the…

Illovo Sugar Malawi Plc strongly refutes claims of sugar price reduction

March 10, 2026

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* All official Illovo Sugar (Malawi) Plc announcements are exclusively communicated through our verified social media pages and official communication channels By Duncan Mlanjira Illovo Sugar Malawi Plc alerts its customers that the public notice is circulating claiming that it has announced price reductions across all sugar pack sizes is fake. In a statement posted on its public WhatsApp platform, Illovo emphasises this notice is not genuine, and strongly urges “everyone not to share or rely on its contents”….

‘RBM’s policy rate cut should open doors for banking sector’s structural reform and expanded private sector lending’—Chifipa Mhango

March 10, 2026

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Reserve Bank of Malawi * The move reflects improving inflation dynamics and the central bank’s intention to stimulate investment, production, and job creation across the economy By Duncan Mlanjira Chifipa Mhango, Chief Economist of Don Consultancy Group maintains that the decision by the Reserve Bank of Malawi (RBM) to reduce the policy rate to 24% “marks an important step toward easing financial conditions and supporting economic recovery”. “The move reflects improving inflation dynamics and the central bank’s intention to…