News – Page 392 – Maravi Express – Your Kind of News. Clear and accurate.

Mzimba’s M’mbelwa Stadium ready September

June 2, 2023

* Factors that delayed completion consequences of the devaluation * It meant reworking the whole budget to factor in the devaluation By Joel Phiri, MANA Construction of the 12,500 seater M’mbelwa Stadium in Mzimba is expected to be completed by end of September 2023, contractor for the project has assured. In an interview, Manobec Construction Company project manager, Victor Msowoya said the stadium would have been completed by 2022 but the devaluation of the local currency delayed the completion…

World Bank approves US$265 for agricultural commercialization

June 2, 2023

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| Agriculture, National, News

* To benefit eastern and southern African countries it finances — Malawi, Comoros, Kenya, Somalia, Madagascar and Tanzania * The program will scale up many of the successful interventions and approaches of Malawi’s Agricultural Commercialisation Project By Tiyanjane Mambucha, MANA The World Bank has approved US$265 million (approximately K265 billion) to scale up agriculture commercialisation and improve the food systems resilience program (FSRP) for eastern and southern African countries it finances that include Malawi, Comoros, Kenya, Somalia, Madagascar and…

Malawi and Zimbabwe leadership emphasises on need to have a common economic voice

June 2, 2023

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| Business, International, News

* I can challenge you all that we are both determined to forge ahead with our cooperation even in challenging times * Such as sanctions that were imposed on Zimbabwe whose lifting we have openly and relentlessly called for at various fora By Patricia Kapulula, MANA Malawi and Zimbabwe Presidents, Lazarus Chakwera and Emmerson Mnangagwa, have emphasised on the need for the two countries to have a common economic voice in order to achieve their shared vision and common…

Airlink to launch flights to Malawi from Johannesburg in September

June 2, 2023

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| Business, International, News, Tourism

* The Warm Heart of Africa becomes the 16th country to be included in Airlink’s comprehensive route network * Airlink will fly comfortable and efficient 37-seat Embraer Regional Jets on both new routes, which will operate three times a week By Duncan Mlanjira Airlink, southern Africa’s premier privately-owned regional airline, will start operating flights between Johannesburg, South Africa to Malawi landing both in Lilongwe and Blantyre from September 23, 2023. In a statement, headlined Muli bwanji Malawi! (how are you, Malawians),…

TNM expects profit turnaround in 2023–Chief Finance Officer

June 2, 2023

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| Business, News

Chief Financial Officer, Peter Kadzitche * There are also many positive indicators in key business segments, especially mobile money, voice , and data * Some of the positives include a return to 2017 profitability levels for most segments of the business Maravi Express TNM Plc, Malawi’s pioneering mobile telecoms operator, expects to turn around its fortunes after recording strong performance in the first and second quarter of 2023, its Chief Financial Officer, Peter Kadzitche has projected. While acknowledging 2022…

University of North Caroline Project, CDHIB hand over school block to community in Lilongwe

June 2, 2023

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| Education, National, News

* CDH Investment Bank has contributed to the nation’s education development efforts in a variety of ways * Ranging from provision of learning materials, infrastructure, financial support to less privileged students By Fazilla Tembo Supported by CDH Investment Bank (CDHIB), University of North Caroline (UNC) Project has handed over a school block they constructed for Nafatsa Primary School in Lilongwe. CDH Investment Bank invested K15 million in the UNC Project towards the construction of the school block and speaking…

11 people arrested for possession of scrap metal suspected to have been vandalised from Limbe-Sandama railway line

June 1, 2023

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| Law Enforcement, National, News

* Masambanjati Police Post were tipped off by a well-wisher that motor vehicle registration number PE 2443 was transporting metal scraps * An adhoc road block was set up along Makwasa-Masambanjati-Thekerani road and intercepted the said motor vehicle * Loaded with metal scraps as well as five gas cylinders which are believed to have been used in the commissioning of the crime By Aubrey Kashoni, MANA Police in Thyolo are keeping in custody a driver and 10 others for…

Zimbabwe President Mnangagwa granted freedom of Lilongwe City

June 1, 2023

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| Business, International, National, News

* He is expected to hold a number of official engagements with his counterpart Lazarus Chakwera * Which include bilateral talks and visiting areas that were affected by Tropical Cyclone Freddy By Tiyanjane Nandie Mambucha & Rachel Gonani, MANA Zimbabwe President, Comrade Emmerson Dambuzo Mnangagwa has been granted freedom of Lilongwe City by the Mayor, Richard Banda upon his arrival in Malawi on Wednesday for a three-day state visit. Accompanied by President Lazarus Chakwera and Vice-President Saulos Chilima, Mnangagwa…

All set for EGENCO to host high-level Association of Power Utilities of Africa annual meetings as CDHIB supports with K1m

June 1, 2023

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| Business, International, National, News

* The meetings will support the national agenda to propel the energy sector development and ultimately promote economic growth * The will contribute towards improving our nation’s socio-economic status by enhancing our innovations in the energy sector By Duncan Mlanjira CDH Investment Bank (CDHIB) recognises that for the country’s energy sector to be strong, there is need for collaborative efforts in partnership with other African countries — thus its support of K1 million donated to Electricity Generation Company (EGENCO)…

FDH Group supports K5m towards 3rd edition of Wealth CEO Summit set for Lilongwe on July 28-29

June 1, 2023

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| Business, International, News

Nkunika (right) hands over the cheque to Chima * To be discussed under the theme ‘Redeeming MW2063 through Collaborative Business Leadership’ * This is “a high-level platform that hinges on development of a business and entrepreneurial ecosystem * Including SME’s in Malawi to become key drivers of the economy in creating jobs among others By Duncan Mlanjira In support of the Wealth Chief Executive Officer (CEO) Summit as a catalyst for economic growth in the country, FDH Bank has…