News – Page 225 – Maravi Express – Your Kind of News. Clear and accurate.

MUST Endowment Fund is a testament to the university’s dedication to fostering inclusivity and academic achievement—Standard Bank

September 11, 2024

* As one of the sponsors of the fund, Standard Bank invested MK80 million into the MUST Endowment Fund * We commend MUST for its visionary approach in addressing the needs of its students By Duncan Mlanjira Standard Bank Plc has pledged to continue supporting higher education in Malawi after being impressed with strides under the K4.1 billion Malawi University of Science and Technology (MUST) Endowment Fund Scholarships, for which it is co-sponsor. Chief Executive Phillip Madinga made the…

Airtel Africa Foundation unveils Airtel Africa Fellowship Programme to empower students at IIT Madras Zanzibar

September 11, 2024

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| Business, Education, International, News

* It aims to support deserving students from diverse socio-economic backgrounds enrolled in the Bachelor of Science in data science and artificial intelligence The programme is designed to support students from 14 African countries that Airtel Africa has its footprint * Malawi, Nigeria, Kenya, Uganda, Zambia, Tanzania, Rwanda, DRC, Niger, Chad, Congo Brazzaville, Gabon, Madagascar and Seychelles By Duncan Mlanjira Airtel Africa Foundation — the philanthropic arm of the leading of telecommunications and mobile money services provider, has launched…

FMBcapital Holdings Plc’s earns US$46.8 million profit after tax in first half performance of 2024

September 9, 2024

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| Business, International, News

* Up by 11% realised in June 2023 and to pay an interim dividend of US$5,162,325 being 0.21 US cents per share * Total operating income of US$128 million — a growth of 6% in same period last year * The Group’s strategy remains growth oriented, with sustained impetus to build into a significant regional bank * With a diversified portfolio of corporate, business and consumer banking solutions, complemented by relevant treasury activities By Duncan Mlanjira In the first…

Promise Kamwendo’s transfer contract with Wanderers declared invalid by FAM

September 9, 2024

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| News, Sports

* The existing contract between Dedza Dynamos and Promise Kamwendo is still running and must return to the club immediately * Dedza Dynamos ordered to refund K3 million and K4 million it received from Bullets and Wanderers respectively * Kamwendo has been ordered to refund K6 million paid to him by Wanderers as signing on fee By Duncan Mlanjira Football Association of Malawi (FAM) has ruled in favour of Nyasa Big Bullets to declare as invalid the transfer of…

South Africa police arrest a suspected Malawian woman in possession of significant quantity of bank ATM cards

September 8, 2024

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| Business, International, Law Enforcement, News

* Also found in possession of a sum of R12,450, which the woman could not account for * Her phone was seized for further investigation and the suspect was apprehended to face charges of fraud By Duncan Mlanjira Gauteng Traffic Police in South Africa reported that they arrested a woman, suspected to be Malawian, who was found in possession of a “significant quantity of bank ATM cards.” On its Facebook page, https://www.facebook.com/share/p/uEMLqzRopzYHt7r4/?mibextid=xfxF2i and on X, formerly Twitter, the Gauteng…

Minister of Justice Mvalo calls upon private sector to champion establishment of Malawi International Arbitration Centre

September 8, 2024

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| Business, Law Enforcement, News

* He underscored the government’s unwavering commitment to fostering an environment conducive to both international and domestic arbitration * And highlighted the pivotal role of arbitration in spurring economic growth and magnetising investment By Duncan Mlanjira Minister of Justice Mvalo has called upon private sector to champion establishment of Malawi International Arbitration Centre (MIAC), the dispute resolution body which will be at the forefront of resolving commercial and investment disagreements. Mvalo made the appeal at the first-ever Malawi International…

Bad start for COSAFA teams in the AfCON Morocco 2025 qualifiers; Only Angola collect all three points

September 8, 2024

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| International Sports, News, Sports

Angola triumphed in Black Stars’ den * Three just came out in draws — Mali 1-1 Mozambique; Kenya 0-0 Zimbabwe and South Africa 2-2 Uganda * The rest lost their opening matches — Malawi 2-3 Burundi; Côte d’Ivoire 2-0 Zambia; Cameroon 1-0 Namibia; * Mauritania 1-0 Botswana; Tunisia 1-0 Madagascar; Central African Republic 3-1 Lesotho; Guinea-Bissau 1-0 eSwatini Maravi Express The Council for Southern Africa Football Association (COSAFA) only managed to collect all three points in Matchday 1 of…

South Africa goalie Ronwen Williams makes history as first African-based footballer to make Ballon d’Or nominees list

September 7, 2024

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| International Sports, News, Sports

* Made the list of 10 best shot-stoppers in the world which include current holder, Emiliano Martez from Argentina * To date, African football icon George Weah remains the only African to be voted the best player in the world after winning the Ballon d’Or in 1995 * Ahead of Germany’s Jurgen Klinsmann and Finland’s Jari Litman — also as the first non-European to win the award CAFonline South Africa’s number one goalkeeper, Ronwen Williams has added to his…

Burkina Faso hold Senegal to a 1-1 draw

September 7, 2024

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| International Sports, News, Sports

* Senegal scored first through Sadio Mané (16′) while Burkina Faso secured the draw from Ousseni Bouda’s last-gasp strike * As Morocco, Egypt, Cote d’Ivoire begin AFCON Morocco 2025 qualifiers strongly Wrap up by Maravi Express & CAFonline Burkina Faso, who are facing Malawi on Tuesday in Group L of the Africa Cup of Nations Morocco 2025 qualifier held Senegal to a 1-1 draw last evening — a day after Malawi Flames lost 2-3 to Burundi at Bingu National…

China playing trade and financing dynamics on African countries—Chief Economist Chifipa Mhango

September 7, 2024

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| Business, International, National, News

Heads of States at the China-Africa Summit * In 2023, Chinese imports into Malawi was US$546.12 million — that is the value of Chinese market access into Malawi economy * On the other hand, Malawi exports to China was US$54.43 million, that is Malawi market access value into Chinese economy in 2023 — The net trade is thus in favour of China at US$491.69 million By Duncan Mlanjira South Africa-based Malawian Chief Economist, Chifi Mhango, who is director of economic…