Chief Economist Chifipa Mhango questions rationale of Malawi immigration policy on Visas

* SADC and COMESA subject Malawians with entry Visa and the citizens of these regions are also subjected to Visa for entry into Malawi * But I find it strange that the same principle is not applied to European or Asian countries that subject Malawians to entry Visa * Is our immigration policy punitive to fellow African countries? By Duncan Mlanjira Chifipa Mhango, Chief Economist for South Africa-based Don Consultancy Group, has described Malawi’s decision to remove Visa restrictions into…

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Energy Ministry plans big to enhance provision of electricity to deter charcoal production; As EGENCO rolls out its annual tree planting exercise in Neno

* Since time immemorial, most charcoal has been produced in rural areas — Neno being one big source * With targeted market being the city and town dwellers, thus need to connect more to the national grid By Duncan Mlanjira In recognition that the target for charcoal production is for cities and towns residents, Minister of Energy, Ibrahim Matola pledged that they are enhancing the provision of electricity as its alternative to cooking. He said this at the launch…

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Bafana Bafana defeat to Nigeria difficult for coach Broos to take

* Football can be hard sometimes, when you see the performance of my team today * And then there is penalties, and then you lose the penalties and you are not in the finals * It’s hard to accept that because we play very good game today * Nigeria to face hosts Côte d’Ivoire in the final on Sunday, February 11 Maravi Express South Africa coach, Hugo Broos feels his side played better against Nigeria in their Africa Cup…

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More customers win millions in TNM’s on-going Christmas promotion

TNM’s Head of Brand & Marketing, Madalitso Jonazi during the second monthly draw * More than a hundred customers won different prizes in second monthly draw * Which included 35 who went away with K100,000 each and other non-cash prizes * We are happy to see the promotion accomplishing its intended purpose aimed at appreciating our customers By Duncan Mlanjira The promotion which TNM Plc launched to celebrate the 2023 festive season is still ongoing up to February 29,…

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Visa removal to boost forex—Standard Bank Chief Executive Madinga

* This will help make Malawi an attractive tourism destination and boost foreign currency flows in the long-term * The restrictions have been lifted for 48 countries including USA, United Kingdom, Germany, France, Australia, China and Russia * Which are considered key source markets for international tourism and business arrivals into Malawi By Duncan Mlanjira Following Malawi Government’s decision to heed calls for removal of Visa restrictions into Malawi, Standard Bank Plc Chief Executive, Phillip Madinga says this will…

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MACRA extends operating licence for Airtel Malawi Plc to another 10 years

* We have invested over US$176 million in network infrastructure delivering over 1,100 sites * All with 2G, 3G and 4G services, expanding our coverage to 88.2% of the country and serving 86.7% of the population * We have increased smartphone penetration to 29.1%, enabling more Malawians to access the digital world * We have also rolled out home broadband and fixed data solutions, offering fast and reliable internet connectivity to homes and businesses By Duncan Mlanjira Effective February…

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We are motivated—Bafana Bafana coach Hugo Broos

* For many people, it was unexpected but we did it and ensure South Africa become a good team * And also it’s more than 20 years ago that South Africa played in the semi-finals Maravi Express South Africa coach, Hugo Broos has said his side are motivated to play against Nigeria in the semi-finals of the Africa Cup of Nations (AFCON) Côte d’Ivoire 2023 set for tomorrow. Broos said getting to the semi-finals is motivating for them based…

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Adingra and Diakité; Côte d’Ivoire’s new wave set for DR Congo

* Côte d’Ivoire have faced DR Congo five times previously at the AFCON (W2 D2 L1) * With this their first encounter since a 2-2 draw in the 2017 group stages Maravi Express Carefree, innovative, ambitious and above all, all full of talent. Simon Adingra and Ouma Diakité represent the next generation of Côte d’Ivoire’s football. Aged 22 and 20 respectively, the two young men experienced winding paths before being the protagonists of the Elephants’ qualification for the semi-final…

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Malawi should encourage a robust economic policy debate as RBM’s policy lending rate may soon surpass highest levels in recent history—Chief Economist Chifipa Mhango

* The hike policy lending rate is a cause of concern for business environment in Malawi * Although the motivation to hike the policy lending rate are valid under the current monetary policy framework * The question should be whether such a policy is effective for the structure composition and patterns of the Malawi economy By Duncan Mlanjira Following the announcement by the Monetary Policy Committee (MPC) of the Reserve Bank of Malawi (RBM) on February 1, 2024 to…

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FDH Bank introduces FDH Life Plan funeral cover from as low as K350 a month to offer K300,000

* The product guarantees a cash cover within 48 hours at the times of loss and has three other tiers * Savings Plan at K1,100 for K1 million; Platinum Plan at K2,750 for K2.5 million and Eagle Plan at K5,000 for K5 million * At FDH Bank, our goal remains to provide customers with innovative financial solutions aimed at easing financial pressure By Duncan Mlanjira Through its Bancassurance arrangement and in partnership with Old Mutual Malawi and Vanguard insurance…

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