News – Page 366 – Maravi Express – Your Kind of News. Clear and accurate.

Sundowns secure revenge with win over Mazembe to top group of CAF Champions League

March 3, 2024

* TP Mazembe edged a tight 1-0 win in Lubumbashi when the two met in November * Sundowns Namibian striker Peter Shalulile scored a first-half penalty in the 38th minute Maravi Express South African side Mamelodi Sundowns gained sweet revenge over TP Mazembe of the DR Congo with a 1-0 home win on Saturday to finish top of their CAF Champions League group. Having already secured a place in the quarterfinals, the final group match completed a reverse of…

CFTC proposes extra budget funding

March 3, 2024

| No Comments

| Business, National, News

CFTC Executive Director, Lloyds Vincent Nkhoma * The funds allocated to CTFC are not enough to cushion the price of fuel and mobility challenges the Commission faces in undertaking its duties * Basically, this is a standard process where we annually come to present our budget and showcase to Parliament what we have achieved the previous year * We have agreed for another meeting next week where they will indicate how the extra money will be used By Levison…

Immigration Department fails to confirm or deny it has lost all Malawi Passport data

March 3, 2024

| No Comments

| Business, National, News

* To update the public on the progress as and when need arises and once all efforts to resume passport services are completed * President Chakwera was the first to reveal the passport technological system was hacked by unknown people and were demanding a ransom from Malawi Government By Duncan Mlanjira Following media reports published over the weekend that exposed that passport issuance system “has been completely destroyed” to the extent that all data for passport holders has been…

Airtel Ads launched to support African businesses achieve effective and enhanced advertising reach

March 3, 2024

| No Comments

| Business, International, News

Airtel Africa’s Chief Commercial Officer, Anthony Shiner * Have been designed for media agencies and businesses, streamlining the process of purchasing advertising space * The platform will leverage Airtel Africa’s extensive customer base of more than 150 million customers * Utilising data from both telecommunications services and mobile money wallets By Duncan Mlanjira Airtel Africa has launched Airtel Ads, which is described as Africa’s first integrated Demand-Side Platform (DSP), aimed at empowering advertisers and agencies to efficiently manage, purchase,…

Illovo Sugar Malawi providing water for irrigation for sorrounding Nchalo Estate communities

March 3, 2024

| No Comments

| Agriculture, Business, News

* Illovo is also expected to source other partners and market opportunities while the communities will take ownership of the scheme * The scheme members finance for themselves in buying all farm inputs (seeds, fertilizer, labour for planting, weeding etc) * The diversification is through cultivating cash crops such as sugar beans and cotton, which thrives well in the climate conditions of the Lower Shire By Duncan Mlanjira Through partnership with USAID’s ‘Feed the Future Agricultural Diversification Activity’ —…

CDH Investment Bank supports LUANAR tree planting initiative

March 2, 2024

| No Comments

| Education, National, News

CDHIB Chief Treasury Officer, Zondwayo Mafuleka leading by example * The investment reinforces the bank’s commitment to support environmental activities for sustainable growth at LUANAR and surrounding communities * We trust that our efforts will contribute to a sustainable green environment that will help manage climate challenges like soil erosion, combating carbon emissions and regulating weather that affects climate and other disasters By Fazilla Tembo CDH Investment Bank (CDHIB) has supported Lilongwe University of Agriculture and Natural Resources (LUANAR)…

President Chakwera did not single out sugar prices to be investigated—CFTC

March 2, 2024

| No Comments

| Business, National, News

The CFTC is investigating this kind of fair trading in shops * It was to investigate all price increases for any sign of unfair trading practices and provide weekly reports to the President’s office * It is not the standard practice for CFTC to name the companies under investigations before the investigations are concluded and determinations made By Duncan Mlanjira Competition & Fair Trading Commission (CFTC) has denied that President Lazarus Chakwera did not single out sugar prices or…

FDH Bank commits K61.6m investment into Mary’s Meals Malawi’s school feeding programme

March 2, 2024

| No Comments

| Business, Education, News

* The bank understands that for the country to develop and build responsible citizens, it requires to have educated people * Hence the need to provide enough support to school children and also reduce dropout rates By Victor Singano Jnr As one way of fulfilling one of its pillars of the corporate social responsibility, FDH Bank Plc on Friday committed funds worth K61.6 million to Mary’s Meals Malawi to help in its school feeding program for a period of…

Illovo Sugar Malawi being hit hard by rampant theft of sugarcane and company equipment

March 2, 2024

| No Comments

| Business, Law Enforcement, News

Screenshot of the video that captured people stealing the sugarcane * People are taking advantage of the desperate hunger situation the country is reeling of in this lean food insecurity season * It was unfortunate that Illovo is being targeted in this way yet when need be, the company always reaches out to its neighbouring communities in times of disaster and serious food shortages By Duncan Mlanjira Illovo Sugar Malawi Plc, which is being hit hard by rampant theft…

FCB launches another civil servant promotion dubbed ‘Aweluke’

March 1, 2024

| No Comments

| Business, News

* Monetary prizes include K250,000 to 3 people in each month with the second prize being K3 million respectively * The promotion is also mainly aimed at commending the good services civil servants provide to the government By Victor Singano Jnr In an effort aimed at giving back to its customers, First Capital Bank (FCB) Plc has launched a new promotion loan facility civil servant — dubbed ‘Civil Servant Aweluke’ to apply for a minimum of K1 million and…