News – Page 314 – Maravi Express – Your Kind of News. Clear and accurate.

Standard Bank shareholders applaud performance; to pocket K25.4bn in dividends

June 21, 2024

Standard Bank Plc Board and Management after the AGM * Register a net profit of K52.5 billion — representing a 34% increase over 2022 * We’re grateful for the impressive results registered so far. They show tremendous progress and hard work is being put in Maravi Express Standard Bank Plc shareholders will smile to the bank to withdraw a total dividend of K25.4 billion or K108.24 per share for the financial year ended December 31, 2023, the bank’s annual…

Road safety specialists call on government to enforce speed limit

June 21, 2024

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| Law Enforcement, National, News

* Malawi should honor its commitment it made at the United Nations high level meeting on July 1, 2022 * And immediately start implementation of the 30km/hour speed limit at busy trading centres By Jamal Jamal Road safety specialists in the country have cautioned government that unless it enforces the 30 km/hour speed limit at busy trading centres, the country would continue experiencing a rise in road traffic accidents which would in the long run affect its socio-economic progress….

Former Malawi coach Marinica’s Liberia breaks record as highest climber in FIFA World Rankings from 152 to 142

June 21, 2024

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| International Sports, News, Sports

* As Flames maintain position 125 and dropping one place in Africa at 35 from 34 in February * Namibia hurtle themselves up nine places at 97th in world and 22 in Africa as Tunisia at 41 in world and 6th in Africa * Equatorial Guinea at 89 and 17 in Africa while São Tomé e Principe last in Africa and 192 in world By Duncan Mlanjira Liberia, coached by former Malawi national team mentor, Mario Marinica, have made…

UEFA Euro 2024 Matchday 3 on DStv will see teams scrambling to secure passage to knockout phase

June 20, 2024

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| International Sports, News, Sports

* Sunday sees hosts Germany tackling Switzerland at the same time that Scotland will be battling Hungary * Monday is headlined by a potential thriller between Croatia and Italy while Spain tackle Albania * Tuesday has France facing Poland as England date Slovenia — all matches live on DStv’s SuperSport Maravi Express From Sunday to Wednesday June 23-26, 12 fixtures will be played in the UEFA Euro Germany 2024 Matchday 3 that will see teams scrambling to secure passage…

AfreximBank, FDH Bank Plc sign US$15 million medium term loan facility agreement

June 20, 2024

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| Business, National, News

FDH Bank’s George Chitera (right) signing the deal at the AfrixemBank AGM * Through the business deal, FDH Bank will increase its capacity to structure complex trade finance solutions for its clients * As a bank, we believe in our ability and potential to grow the business and to realise that potential, we also leverage on our strategic partnerships * To strength our capacity and create bespoke financial solutions which will reshape and drive Intra and Extra Africa Trade…

Karonga District Council to relocate rice and groundnut mills in heart of town

June 19, 2024

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| Business, Health, News

* Heaps of rice chaffs and groundnut pods have piled up in Karonga’s central business district * Town plan shows that where they are operating is not a commercial area, thus to relocate them to a place befitting their business By Felix Katemula & George Mponda, MANA To address people’s concerns over environmental and health hazards caused by rice and groundnuts mill shellers which are operating in the heart of Karonga Town, the District Council plans to relocate them…

Standard Bank Chief Executive Madinga elected Bankers Association president

June 19, 2024

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| Business, News

* FDH Bank’s Managing Director Noel Mkulichi as 1st vice-president and FCB’s CEO Jazza as 2nd VP * The association is optimistic that the new executive team will foster continued growth of the financial sector By Duncan Mlanjira Standard Bank Plc Chief Executive, Phillip Madinga has been elected president of Bankers Association of Malawi (BAM) — a body that advocates for a strong, competitive and innovative banking industry to deliver excellent and equitable outcomes for customers. The first vice-president…

National Advocacy Platform calls Chakwera to appoint a Vice-President who should embody the vision and values that Chilima upheld

June 19, 2024

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| Business, National, News, Politics

* The incoming Vice-President must be able to unify the nation and lead us through this period of collective healing * The President faces significant pressures, but this decision must transcend political interests * The future of our nation depends on choosing a capable, dedicated leader committed to our collective goals By Duncan Mlanjira As the 7-day period elapsed which President Lazarus Chakwera is required by law to appoint a replacement of the Vice-President after his death, National Advocacy…

Silver back to Blantyre to face Mighty Tigers as TNM Super League 2024 resumes for Week 10

June 19, 2024

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| News, Sports

* The season first went on the break paving way for the international window for Flames’ FIFA World Cup 2026™ qualifiers * As well as to observe mourning and burial of late Vice-President and eight others * Sports Council has since lifted the suspension of all sporting activities it announced last week * Urges continuation of honouring the memory and legacy of those have lost by embodying the spirit of peace, unity and excellence in sporting activities By Duncan…

A prison sentence, introduction to chess thoroughly rehabilitates Steven Maruwo’s life

June 19, 2024

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| International Sports, News, Sports

* Released five months before his full sentence after being pardoned due to his good behaviour * He became one of Dadaz Chess Academy volunteers teaching chess to street children and prisoners * He has found himself in Pune, India where he is sharing his chess story to participants from all over the world By Duncan Mlanjira Steven Maruwo was introduced to chess while at Mvula Prison serving a five-year sentence for being found in possession with the protected…