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NICO Pension champs of Blantyre ‘One NICO Executive Golf Challenge’

September 12, 2022

The champs, NICO Pension * Beat 10 other participating teams, which had experienced and seasoned golfers By Victor Singano Jnr, Correspondent NICO Pension men’s team emerged champions of second edition of the annual One NICO Executive Golf Challenge after outclassing their fellow 10 NICO Group subsidiary teams on Saturday at Country Club, Limbe in Blantyre. The golf challenge, which involves NICO Group’s subsidiary companies, is mainly aimed at creating a platform where all NICO staff can interact, relax in…

Government warns against abuse of Statutory Corporations vehicles as it reassigns SC-prefix registration numbers

September 12, 2022

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Most personal-to-holder motor vehicles were not using such plates * The government has since approved the re-assignment of dormant SC prefix numbers to new parastatals * Each parastatal across the sector now has the special SC numbers for identification * This is to ensure that there is no loss of vehicles through irregular deregistration and theft due to the gaps with the current system By Duncan Mlanjira Government has discovered that management of the Statutory Corporations prefer using private…

Malawi hosting 7th annual Competition and Economic Regulation Week

September 11, 2022

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* The week will include three professional training programmes, which will run concurrently from tomorrow to Wednesday * Thereafter a conference from September 15-16 to be opened by Minister of Trade & Industry, Mark Katsonga Phiri * The three targeted professional training programmes will cover key concepts in economic regulation, competition economics * As well as law with illustrations on how the theories and principles are applied By Duncan Mlanjira From tomorrow, September 12-16, Malawi’s Competition and Fair Trading…

Chakwera to hold over 40 engagements over course of 15 days in US

September 11, 2022

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| International, National, News

The UN General Assembly * Include high-level meetings with world leaders and heads of various international institutions * He is also expected to hold various engagements to promote Malawi’s bilateral relations with the USA Government * All geared towards mobilizing over a billion US dollars in resources for various sectors in Malawi By Duncan Mlanjira President Lazarus Chakwera, who leaves for the United Nations General Assembly (UNGA) tomorrow, September 12, is expected to hold 40 other engagements apart from…

Public worries over high level of borrowing; But welcomes Chakwera’s assent to amendment of Corrupt Practices Act

September 11, 2022

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* The President assented 7 Bills on Friday with six being approval for loan authorizations *The government played a smart move by slotting in the 5 loan authorization Bills * Knowing the citizenry will be excited with the word corrupt that would divert their attention By Duncan Mlanjira Malawi citizenry has expressed worry over government’s high level of borrowing after President Lazarus Chakwera assented Bills on Friday, September 9, that were passed in Parliament — with six being approval…

NICO Group invests K40m towards Presidential Charity Golf tournament to fund needy school students

September 9, 2022

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* Scheduled for October 8 at Lilongwe Golf Club, the organisers are targeting to raise K200 million By Victor Singano Jnr, Correspondent As part of its corporate social responsibility, NICO Group pumped in K40 million towards this year’s Pesidential Charity Golf Tournament to assist needy school students, who are lacking school fees across the country. Presenting the cheque on Thursday at Bingu International Conventional Centre (BICC) in Lilongwe, NICO Group’s head of marketing and customer experience, Lorraine Phiri said…

UNIMA Law Enforcement Society on serious fundraising campaign for its activities

September 9, 2022

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| Education, Law Enforcement, News

* On Thursday, the members washed staff members cars at a fee of K2,000 each * To fund the official launch of the Society on campus on September 24 * At which numerous stakeholders would be invited to grace the occasion and give it the pomp it deserves By Duncan Mlanjira University of Malawi (UNIMA) Law Enforcement Society — the grouping of students of Bachelor’s Degree in Law Enforcement Management & Leadership — is on a serious fundraising campaign…

Ecobank extends unsecured civil servants personal loans up to K15m for both account and non-account holders

September 9, 2022

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* Seeks to avail a quicker and affordable financing option for all government employees across the country * Only needs to fill an application form and present their National ID * With no need for a letter of undertaking or changing one’s pay point By Victor Singano Jnr, Correspondent Ecobank Malawi has extended unsecured personal loans for civil servants account an non-account civil servants up K15 million on a 36-month tenure respectively. The Bank’s country head of consumer banking,…

Queen Elizabeth II’s legacy as a friend of Malawi will forever be etched on our hearts—Chakwera

September 9, 2022

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The Queen on her visit to Malawi in 1979 * Her legacy is indelibly marked on the pages of our history, a history she positively shaped in more way than we can put into words * Her visit to Malawi in July, 1979 captivated the imaginations of Malawians * And demonstrated the same solidarity with our quest for socio-economic liberation as she had done with our political independence By Duncan Mlanjira In wishing the deepest condolences to the British…

Malawi economy in much worse state than before the devaluation of the kwacha—CAMA

September 9, 2022

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* Everything has come to a standstill and now we have no forex, no fuel and limited goods available on the market * The devaluation of kwacha was claimed to be unnecessary evil by the President and his Finance Minister * We were also told that it was meant to realign the kwacha with other major currencies * Unfortunately, the outcome of that decision has been negative and after four months, we have seen continued depreciation of the kwacha…