News – Page 284 – Maravi Express – Your Kind of News. Clear and accurate.

Former RBM Governor Kabambe, his deputy Mathanga discharged from charge of abuse of office but maintains that of fraud other than false pretences

April 24, 2024

* The charge of abuse of office is time-barred pursuant to section 302A of the Criminal Procedure & Evidence Code * Kabambe had his caution statement recorded on 8th December 2021 but since that time, trial has not yet commenced. * Mathanga’s statement was recorded on 7th March 2022 and counting a period of 12 months from those dates, the latest that trial should have commenced was 7th March 2023 By Duncan Mlanjira The High Court has discharged two…

TNM brings SME Connect Solution; A converged communication solution

April 24, 2024

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| Business, News

* Designed to streamline operations, improve efficiency, and empower SMEs to thrive in an increasingly competitive market * We understand that SMEs face numerous challenges that deter productivity as they strive to maintain agility By Duncan Mlanjira Malawi’s pioneer mobile network and ICT services provider, TNM Plc, has launched a converged communication solution that integrates Microsoft 365 into mobile voice and data for small & medium enterprises (SMEs). Dubbed TNM SME Connect, the product integrates voice, data and Microsoft…

Consumers alerted against paying for building materials before delivery

April 24, 2024

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| Business, Law Enforcement, National, News

Mostly its roof iron sheets * As some traders demand pre-payment when they don’t have the goods in stock or capacity to supply * Which is a violation of section 43 (1)(g) of the Competition and Fair Trading Act (CFTA) By Duncan Mlanjira The Competition & Fair Trading Commission (CFTC) says it has in the past six months been receiving complaints from consumers regarding the conduct by some traders who are receiving prepayment for goods, especially building materials such…

CDH Investment Bank expresses optimism of further growth; As it posts K11.140 billion profit after tax

April 24, 2024

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| Business, News

* The performance represents a 48% jump in profit when compared to the K7.53 billion which the bank reported in 2022 * Customer deposits grew by 42% year on year while the bank’s loans and advances grew by 34% * With investment funds and financial assets growing by 42% and 40% respectively By Duncan Mlanjira CDH Investment Bank (CDHIB) has expressed its optimism of further growth in both the investment banking and commercial banking activities, “albeit, in a challenging…

‘Illovo Sugar Malawi stands in solidarity with its surrounding communities’; As Nchalo Estate donates 16,000 bags of maize flour

April 24, 2024

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| Agriculture, Business, National, News

* Recently, we have been confronted with the stark reality of hunger in Chikwawa district due to the El Niño weather phenomenon * The plight of our fellow citizens, particularly those in Paramount Chief Lundu’s community, has weighed heavily on our hearts By Duncan Mlanjira Illovo Sugar Malawi Plc emphasised its moto of ‘Creating a Thriving Community’ by donating 16,000 bags of maize flour of 25kgs each to surrounding residents of Nchalo Estate in Chikwawa as an assurance that…

CFTC to enquire with Illovo on reasons behind increase of sugar prices

April 22, 2024

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| Business, Law Enforcement, National, News

* This may culminate into a full-fledged investigation against the company depending on the explanation we get * We are also alive to the fact that this increment comes barely five months after the company effected a 33% increment on sugar products following the currency realignment By Duncan Mlanjira Following the announcement on the increase of prices of sugar made today by Illovo Sugar Malawi Plc, Competition & Fair Trading Commission (CFTC) says it is in process of engaging…

Malawi-Israel labour MoU ‘agrees to recruit workers who have relevant experience in the agriculture sector’

April 22, 2024

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| Agriculture, Business, International, National, News

* The relevant experience ranging from agronomy, animal husbandry, horticulture, among others * MoU to ensure that the cooperation in the field of labour is guided by legal, fair, and well-informed protocols Analysis by Duncan Mlanjira Malawi’s temporary agricultural labour export to Israel attracted a lot of local and international attention as it coincided with the conflict between Israel and the Hamas — with some labeling it as a secret deal — but truth of the matter was Malawi…

Malawi Police Inspector General Yolamu ordained as church elder

April 21, 2024

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| Law Enforcement, News, Religion

* Most people think a law enforcer cannot serve as a church elder—IG Yolamu * But we are saying a good security officer is the one who knows the word of God and is eager to serve Him By Wallace Chipeta, MANA Malawi’s 22nd Inspector General (IG) of Police, Merlyne Nachulu Yolamu was on Sunday ordained as church elder for Police Headquarters Church of Central Africa Presbyterian (CCAP) under Nkhoma Synod in Lilongwe. She becomes the first Malawian IG to…

Beijing half marathon winners stripped of medals after African trio let Chinese runner win

April 21, 2024

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| International Sports, News, Sports

Chinese runner He Jie, Ethiopian Dejene Hailu Bikila and Kenyans Robert Keter and Willy Mnangat at the finish line of the Beijing Half Marathon on April 14 * A video clip of the finish shows Kenya’s Willy Mnangat turning toward He Jie and gesturing for him to move ahead as the four men run neck and neck * Former 5km world record holder Robert Keter, also from Kenya, then appears to wave at He Jie to overtake the pack while signaling for…

Mighty Wanderers keep their lead of TNM Super League 2024 season

April 21, 2024

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| News, Sports

* After beating Creck Sporting 3-0 yesterday while Silver Strikers drew 1-1 with Dedza Dynamos this afternoon * Defending champions Nyasa Big Bullets beat Chitipa United 3-0 to rest at position 6 By Duncan Mlanjira Mighty Wanderers, who beat debutantes Creck United 3-0 yesterday to take temporary lead of the TNM Super League 2024 season, have now maintained their top spot after Silver Strikers drew 1-1 with Dedza Dynamos this afternoon. The two sides share 7 points but Wanderers…