Malawian academics in diaspora add voice to concerns over slow progress to root out corruption and looting

* We note with great concern the growing leadership crisis in Malawi and the worsening socio-economic conditions * Which have made life unbearable for ordinary Malawians * We are disappointed that the promise of a new dawn represented remains unfulfilled Maravi Express Malawian academics in diaspora have expressed their alarm that corruption and looting are getting worse and that the scandals have implicated those at the very top of the government, businesspeople, civil servants, police, and military officials. This…

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FAM realizes highest gross revenue at Bingu National Stadium at K72.7m

Gabadinho scoring from the penalty spot * Total of 33,328 spectators purchased advance tickets for the match against Ethiopia By Duncan Mlanjira The 2023 Africa Cup of Nations (AFCON) qualifier between Malawi and Ethiopia raised a gross of K72.7m and after direct expenses of K19.7 million, Football Association of Malawi (FAM) realized a net revenue of K53. According to FAM, the amount is the highest gross realized from Bingu National Stadium as a total of 33,328 spectators purchased advance…

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FDH Bank Plc introduce ‘Kukonza Tsogolo’ promotion whose grand prize is K5m

Msapato making the announcement  * The promotion will also have monthly prizes where one lucky winner will be receiving K1 million * And K100,000 to 10 lucky customers as well as two metres of FDH Bank cloth to 50 lucky winners By Victor Singano Jnr, Correspondent  As one way of promoting investment and savings culture among customers, FDH Bank Plc has launched a new promotion named ‘Kukonza Tsogolo’ which will see the biggest lucky winner receiving a whooping K5…

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Diamonds thrash Tigresses 55-34 to register a sweet revenge in Rainbow Paints Netball League throw off

Part of the thrilling action *Sponsorship package raised to K12 million from K7 million By Victor Singano Jnr, Correspondent Kukoma Diamonds recorded a sweet revenge over their old rivals First  Choice Tigresses after thrashing the league holders 55-34 baskets in 2022 Rainbow Paints Netball League opening match played on Saturday afternoon. The much-awaited cracker, which attracted hundreds of fans at Blantyre Youth Centre (BYC), provided the real entertainment to the netball enthusiasts who enjoyed the performance from the two…

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Government secures US$60 million loan to rehabilitate Kapichira Hydro Power Station; As Chakwera inaugurates Golomoti Solar Power Plant

Chakwera inaugurating Golomoti Solar Power Plant in Dedza * The rehabilitation of Kapichira to help country reach target of having 1,000 megawatts on the national grid within the next 3 years * It aligns to the need to prioritise energy production as an enabler for the industrialisation as enshrine in the MW2063 vision By Patrick Ndawala, MANA President Lazarus Chakwera says government has secured a US$60 million soft loan from World Bank for the restoration of Kapichira Hydro Power Station…

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PTC Board suspends all 8 signatories to letter asking Press Corporation to terminate sale of PTC

Signatories to the letter sent to Press Corporation  * Tafika Holdings reportedly still hasn’t honoured its part of share purchase agreement * Malola travel and other expenses from South Africa are being funded by PTC * Company is failing to do business with other suppliers on credit line because Tafika owes them money from other business transactions By Duncan Mlanjira The Board of People’s Trading Centre (PTC) has suspended all 8 signatories to the letter which the senior management…

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Egypt beat resolute Guinea as Gabadinho’s brace scorches Ethiopia

The Flames on fire against Ethiopia * The Flames next date Guinea as the Pharaohs meet Ethiopia * African champions Senegal proved their worth as they Benin 3-1 * Voted best player at the 2021 AFCON in Cameroon, Sadio Mane scored a hat-trick Maravi Express Soon after the Flames scorched Ethiopia 2-1 with both goals from Gabadinho Mhango at Bingu National Stadium in Lilongwe on Sunday, Mostafa Mohamed’s deflected strike in the 87th minute handed Egypt a slim 1-0…

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Ecobank launches free SME booster training series to support small & medium enterprises

Registration link available on Ecobank Facebook page * Geared to provide a comprehensive suite of financial and non-financial solutions to MSMEs * In order to help them reach their full potential and increase their commercial and economic impact By Victor Singano Jnr, Correspondent The country’s leading Pan-African banking group,  Ecobank has rolled out its ‘Ecobank Small & medium Enterprises (SMEs) Booster Series’ — which is aimed at enhancing competitiveness through innovative business skills trainings across Malawi and Africa at…

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Netball giants Kukoma Diamonds, Tigresses set to lock horns on re-launch of 2022 Rainbow Paints league season

Tigresses celebrating after being crowned 2021 Rainbow Paints Netball League champions By Victor Singano Jnr, Correspondent Blantyre-based netball powerhouses and age-old rivals, Kukoma Diamonds and First Choice Tigresses are set to face-off in an early netball derby to mark the re-launch of this year’s Blantyre Districts Rainbow Paints Netball League scheduled for Saturday, June 4 at Blantyre Youth Centre (BYC). According to the fixtures lined up for the opening day released by the Blantyre Districts Netball League Committee, a…

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Japan hands over K2.5bn airport ground support equipment to Malawi

The state-of-the-art equipment By Leonard Masauli, MANA Lilongwe Handling Company (LIHACO) is expected to improve its effectiveness and efficiency of operations following a donation from the Japanese government of a K2.5 billion airport ground support equipment. At the handover ceremony held on Thursday at Kamuzu International Airport, Japanese Ambassador, Satoshi Iwakiri said the procurement of the equipment was part of a project meant to expand the terminal building at the airport, among other support services. The Ambassador noted that…

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