News – Page 411 – Maravi Express – Your Kind of News. Clear and accurate.

Electricity load shedding frequency to reduce following the 50% restoration of Kapichira’s power generation

April 7, 2023

The dam and intake at Kapichira * ESCOM still has a power supply deficit and the load shedding will continue until the power supply meets or exceeds the demand * The power demand presently stands at close to 400MW against availed capacity of 276MW * The four machines at Kapichira Power Station generate 129.4MW, which was all lost due to Cyclone Ana By Duncan Mlanjira Following the restoration of 64.4 megawatts (MW) from the two machines out of four…

Finance Minister Gwengwe applauds NBM Development Bank commitment for empowering local SMEs

April 7, 2023

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| Business, News

Gwengwe delivering his speech at the function * The Bank is taking care of the needs of the SMEs, which are the engine for growth of any nation * A country cannot develop if SMEs are sidelined and not supported by both government and the private sector By Victor Singano Jnr Malawi’s Minister of Finance, Sosten Gwengwe has commended NBM Development Bank, a subsidiary of National Bank of Malawi (NBM) for showing commitment in playing a vital role of…

Standard Bank’s head of consumer business wins continental Women Bankers Award

April 7, 2023

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| Business, News

* First woman bank executive in Malawi and Standard Bank to be picked for the Angaza Awards * Along with her long list of accomplishments, she pioneered the first roll out of Bancassurance in Malawi Maravi Express Standard Bank Plc’s Head of Consumer Business Unit, Charity Mughogho has been named among the top 10 women bankers shaping Africa’s financial services sector by the continental Angaza Awards. Mughogho, who heads Standard Bank’s consumer and high net worth clients (CHNW) segment…

Airtel Malawi launches e-Sim technology to improve customers mobility

April 7, 2023

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| Business, National, News

Airtel’s MD Charles Kamoto (right) and MACRA DG Daud Suleman launching the e-Sim * To provide a platform to the customers to be able to use multiple numbers on one device making it environmental friendly * To reduce production of sim-card — turning the world more greener and improves the network connections By Victor Singano Jnr Airtel Malawi Plc says the introduction of the newly launched e-Sim technology will help to ease customers mobility which has been major challenge…

CDH Investment Bank supports first of its kind Malawi Exporter Awards

April 5, 2023

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The awards ceremony on day 1 * We firmly believe that our investment in exports would contribute towards improving foreign exchange * And also improve the standard of living for Malawians—CDHIB’s Capital City Banking Centre Manager, Mangaawuma By Duncan Mlanjira CDH Investment Bank (CDHIB) has supported Malawi Investment & Trade Centre (MITC) to successfully hold the inaugural Malawi Exporters Awards ceremony, which is underway at Bingu International Convention Centre till Thursday. The Malawi Exporters Awards is an initiative aimed…

New SULOM committee hits ground running by engaging with football journalists

April 3, 2023

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| News, Sports

* President Fleetwood Haiya urged the football journalists to continue playing their major role in promoting the game’s stakeholders * Excellent reporting makes the Beautiful Game more beautiful — thus attracts more support By Duncan Mlanjira Newly-elected Super League of Malawi (SULOM), led by Fleetwood Haiya partnered with Football Journalists Association (FJA) to hold its annual symposium through which its members are refreshed on new developments taking place in the global industry. In his speech, Haiya took cognizance of…

TNM boosts public universities’ ICT infrastructure

April 3, 2023

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| Business, Education, News

* We would like to underscore our commitment to contribute towards ICT development in the country * We are creating capacity for them to be able to test the deployment of enterprise architecture * Comprising of database servers, application servers and presentation layers, among other functions Maravi Express Malawi’s pioneer mobile network and ICT services provider, TNM Plc, has invested ICT servers to the country’s four major public universities and two technical colleges to improve their technology infrastructure and…

Sports Council lifts suspension on formal sporting activities sanctioned after Cyclone Freddy-induced floods disaster

April 3, 2023

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Leading by example * Calls on the sports fraternity lovers to continue supporting survivors who are still suffering from the effects of the cyclone * FAM already committed to channel the proceeds of the 2023 NBS Bank Charity Shield match as relief package * As well as proceeds from last Tuesday’s AFCON qualifying match between Malawi and Egypt By Duncan Mlanjira Malawi National Council of Sports has lifted the suspension on formal sporting activities which was sanctioned soon after…

3.4MW power lost off the national grid from privately-owned Muloza Hydro Power Station due to Cyclone Freddy

April 3, 2023

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| Business, National, News

After and before * The development has increased the deficit in available power supply and thus necessitating the load-shedding * CEDAR Energy has been supplying to estates, businesses, and residential premises * To tea growing and manufacturing districts of Thyolo, Mulanje and Phalombe By Duncan Mlanjira The effects of a cyclone has once again incapacitated the energy sector as Freddy destroyed infrastructure for Muloza Hydro Power Station which was supplying 3.4 megawatts (MW) of power — catering for over…

CISONECC organises first African regional symposium on Loss and Damage

April 1, 2023

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| International, National, News

* To take stock of research done and recommendations made on Loss and Damage * Generate key recommendations for setting up and operationalizing the Santiago Network on Loss and Damage By Duncan Mlanjira Over two weeks after the passage of Cyclone Freddy, whose effects devastated Malawi that claimed 511 lives; with at least 533 still missing; 1,724 injured and 564,239 people displace and living in 577 camps, Malawi’s Civil Society Network on Climate Change (CISONECC) will host the first…