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Ecobank unveils exclusive year-end loan campaign with a one-month repayment break
December 21, 2023
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| Business, News

* Effective immediately and extends throughout the month of December to January 2024 * Providing eligible individuals with an opportunity to embrace the holiday season with financial ease and freedom By Duncan Mlanjira Ecobank Malawi has launched a special year-end loan campaign, with a one-month repayment break on all new loan applications during the Festive Season. This is a beacon of financial relief and joy for its esteemed customers and non-customers throughout the festive season and the Pan African…

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CDHIB sponsors K5m towards national darts finals scheduled for Lilongwe
December 21, 2023
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| News, Sports

* We appreciate DAM’s efforts and are aware that the level of sponsorship is low compared to other sports disciplines * Our CSR policy aims to support the various sporting disciplines in the zeal to promote sportsmanship, health and teamwork By Duncan Mlanjira For the 4th year running CDH Investment Bank (CDHIB) is sponsoring the annual national darts finals and for the 2023 event, scheduled for Lilongwe, the bank is supporting with an investment of K5 million. The sponsorship…

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Standard Bank forum outlines sticky economic issues
December 21, 2023
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| Business, National, News

Convenor, Standard Bank Chief Executive Phillip Madinga * The forum concluded with high-level commitments to restore the country’s macroeconomic stability and put fundamentals back on the track of recovery * Attended by key stakeholders, Minister of Finance; Minister Trade & Industry; donors; government economic agencies and the private sector Maravi Express Economic stakeholders have asked the government to urgently correct misalignment of the country’s exchange rate by allowing the Malawi kwacha to float freely and guaranteeing public accountability of…

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Up close and personal with Gabadinho Mhango on DStv Jambo WWE channel 128 at 18:00hrs today
December 21, 2023
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| News, Sports

* With a blend of speed, skill and aggression, Gaba became hot property in the Premier Soccer League * And has gone on to feature for Golden Arrows, Bidvest Wits, Orlando Pirates, AmaZulu and his current club Moroka Swallows By Duncan Mlanjira South Africa’s DStv Premiership and Malawian football star, Hellings Frank ‘Gabadinho’ Mhango will be a star guest on DStv’s Jambo WWE and SuperSport’s Social Corner on Blitz Africa this evening,  December 21 from 18:00hrs (CAT). Jambo WWE is the home-grown African hub for…

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RBM likely to hike interest rates following the 6.2% rise in inflation rate—Chief Economist Chifipa Mhango
December 20, 2023
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| Business, National, News

* This is just the first round effects, we should expect secondary effects that will take Malawi inflation rate to 40% * The first round effects will be like immediate increases in transport costs, then the secondary will be the impact of such on production value chain etc By Duncan Mlanjira The next move for Reserve Bank of Malawi (RBM) is to hike interest rates further from its current high lending rate of 24%, says Chifipa Mhango, Chief Economist…

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Former UTM publicity secretary Mwenifumbo launches political party amidst accusations of abuse of resources at NRWB
December 19, 2023
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| News, Politics

Frank Mwenifumbo * He’s been accused of using an institutional vehicle to support his campaign for the establishment of the new party * He has been embarking on official trips, drawing hefty allowances, which are seemingly aimed at galvanizing support for his political venture By Laison Kamkole In a surprising turn of events, former UTM Party publicity secretary Frank Mwenifumbo, who currently serves as the chairperson of the Northern Region Water Board (NRWB), is set to launch his own…

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Ecobank Malawi secures US$10m Trade Finance Guarantee to boost Malawi’s food security
December 18, 2023
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| Business, News

French Minister Chrysoula Zacharopoulou (centre), her delegation and Board chairperson Symon Msefula and his Ecobank team after the signing ceremony in Lilongwe * It will help to facilitate the development of trade relations between Malawian importers and international exporters * Proparco guarantees suppliers against the risk of non-payment, thereby strengthening the capacity of Malawi’s importers By Duncan Mlanjira Proparco, a subsidiary of Agence Française de Dévelopement Group, has signed a US$10 million Trade Finance Guarantee with Ecobank Malawi —…

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Malawi schools squad come back with silver, 3 individual awards and unbeaten in 4 games at COSAFA qualifiers
December 17, 2023
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| International Sports, News, Sports

* James Lumbe of Salima Secondary School twice voted Player of Match in boys competition * Victoria Mkwala of Anthens School scored three goals in their 5-0 triumph of eSwatini to win the girls Player of Match accolade * South Africa get a double victory at CAF African Schools Football Championship By Duncan Mlanjira A good pair of hands of South Africa’s goalkeeper Sabrie Losper and a strike at the crossbar denied Malawi the chance to win the CAF…

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Haiya applauds Nyamilandu for laying strong football foundations
December 17, 2023
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* I promise not to break them but to continue building a transformative super structure over it * I wish you all the best and hope you will always be available when we seek counsel in managing the game—Haiya * I am happy to leave the stage in a better place than I found it—Nyamilandu’s farewell message to Malawians By Duncan Mlanjira Fleetwood Haiya, who beat long-serving Football Association of Malawi (FAM) president, Walter Nyamilandu Manda at the elective…

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Chiyamwaka elected Public Relations Society of Malawi Board chairperson
December 17, 2023
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| Business, News

* He leads a team of notable individuals that brings expertise and perspectives to the organization’s helm * Geared towards innovative and impactful initiatives within the country’s realm of public relations Maravi Express Board of Trustees of Public Relations Society of Malawi (PRSM) have elected seasoned communications and PR expert, Baldwin Chiyamwaka as chairperson to lead the team in providing strategic oversight and administration of the PR body. Chiyamwaka leads the board that comprises notable individuals including seasoned lawyer…

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