News – Page 20 – Maravi Express – Your Kind of News. Clear and accurate.

MRA defended not to relent on execution of EIS despite resistance from a pocket of traders

May 7, 2026

| Business, Law Enforcement, National, News

* MRA should be supported by other authority bodies like CFTC, FIA, CAMA, ACB, Fiscal police not to relent * MRA is trying to reinforce leaking taxes while shop owners feel the system is preying on their businesses * As Northern Region Business Association calls off planned demonstrations against MRA after government invited it for dialogue in Blantyre Analysis by Duncan Mlanjira Following the resistance from a pocket of traders, who closed their shops in protest against the implementation…

‘Malawian football does not only live on the pitch; it lives in the stories the media tell about it’—NBS Bank

May 6, 2026

| No Comments

| News, Sports

NBS Bank Plc Head of Marketing, Frank Magombo (left) presenting the trophy to Maravi Express’ Duncan Mlanjira as Online Best Reporter * In honouring media excellence in the coverage of the inaugural NBS Bank NDL * We are recognising the people who give this game its voice, its reach, and its meaning beyond 90 minutes By Victor Singano Jnr In honouring media excellence in the coverage of the inaugural NBS Bank National Division League (NDL) when announcing the Bank’s…

NBS Bank NDL sponsorship increased to K530 million for Season 2; Up from K320 million

May 6, 2026

| No Comments

| News, Sports

* This is not a continuation; it is an escalation — we are deepening our investment in the NDL because we believe in what this league represents * And because we believe that Malawi’s development league deserves a banking partner that shows up, not just on the banner, but on the ground By Duncan Mlanjira Sponsors, NBS Bank Plc have increased its investment in the country’s 2nd-tier football system, the National Division League (NDL) to K530 million for Season…

GSMA Africa Policy Group urges African governments to recognise telecommunications as a core economic pillar

May 6, 2026

| No Comments

| Business, International, News

GSMA Africa’s Policy Group chairperson, Daddy Mukadi * And to implement two specific tax reforms that could dramatically accelerate digital inclusion across the continent * The telecoms sector can no longer be considered merely as a support sector — it is now a core sector By Duncan Mlanjira Chairperson of GSMA Africa’s Policy Group, Daddy Mukadi, who is Airtel Africa’s Chief Regulatory Officer, has called on African governments to recognise telecommunications as a core economic pillar and to implement…

‘Over 7,500 out of 9,000 VAT-registered operators already onboarded onto EIS and are seamlessly transacting on the platform’

May 5, 2026

| No Comments

| Business, Law Enforcement, National, News

MRA Commissioner General addressing the media accompanied by his executive management team * It is unfortunate that some traders have chosen to close their shops in protest against the implementation of EIS * It is even more concerning that some are reportedly threatening fellow traders who wish to continue operating * VAT is not paid by the shop owners; they merely collect the VAT on behalf of MRA and one would wonder why the shop owners are resisting the…

Mamelodi Sundowns stand in the way of Morocco’s FAR Rabat’s over 4 decades wait for CAF Champions League title

May 5, 2026

| No Comments

| International Sports, News, Sports

* Their only CAF Champions League title was in 1985 and the other of club continental is the CAF Confederation Cup attained in 2005 * They follow in the footsteps of national team, the Atlas Lions, who failed to clinch the AfCON title they last won in 1976 * This is Mamelodi Sundowns second successive final in CAF Champions League and their fourth having tasted victory in 2016 Maravi Express Coming from their national team, the Atlas Lions’ failure…

‘Serious negative economic implications expected for electricity consumers over re-instatement of Power Market Ltd’—CAMA

May 4, 2026

| No Comments

| Business, National, News

* It will increase electricity tariffs, which was one of the reasons it was resolved for its functions to remain within ESCOM * In 2023, electricity tariffs were proposed for a 99% tariff increase of which about 30% was attributed to administrative costs for Power Market Ltd By Duncan Mlanjira Consumer Association of Malawi (CAMA) contends that the re-instatement of Power Market Limited (PML) — which the High Court determined it should resume its operations on April 10, 2026…

Fierce Mighty Wanderers and Nyasa Big Bullets Blantyre Derby scheduled at Bingu National Stadium Sunday

May 4, 2026

| No Comments

| News, Sports

* Mighty Wanderers have only played one which, which they won beating Creck Sporting Club 2-0 yesterday * While from two games, the Bullets have drawn drawn 2-2 with Civil United before claiming a 1-0 victory yesterday against MAFCO By Duncan Mlanjira Following the closure of Kamuzu Stadium due to not meeting the right safety and health standards, the fierce Blantyre Derby between arch rivals Mighty Wanderers and Nyasa Big Bullets has been scheduled at Bingu National Stadium on…

Malawi’s inflation rate, a 12-month review: As oil shocks keep monetary policy tight

May 4, 2026

| No Comments

| Business, National, News

* The recent decline in headline inflation is encouraging, but it remains fragile and exposed to external shocks * Oil price volatility has underscored the structural challenges facing the economy, reinforcing the need for cautious and disciplined monetary policy * For now, the Reserve Bank of Malawi (RBM) is expected to stay the course, prioritising stability over speed in its policy response By Chifi Mhango, Chief Economist-Don Consultancy Group Malawi’s headline inflation is showing a clear, albeit gradual, easing…

New CEO continues to sanitise ESCOM as he suspends finance chief over K8 billion tyres deal

May 4, 2026

| No Comments

| Business, News

* The quantity of the tyres purchased exceeded operational needs with some are expected to expire before being used * Whose contract to supply was awarded to Mapeto Tyres as a single supplier, contrary to policy at the time, which required that multiple suppliers should benefit By Duncan Mlanjira Newly-appointed Electricity Supply Corporation of Malawi (ESCOM) Chief Executive Officer (CEO), William Kaipa, who was appointed by the Board of Directors to-lead-transformation-at-the-company-and-not-to-manage-continuity/, continues to sanitise the corporation as he has…