Standard Bank Plc named Best Bank in Malawi by Global Finance

* The award reaffirms Standard Bank as the best financial partner to drive growth for clients and Malawi * It goes to show that we not only delivering solutions for our clients but that our clients trust us * And believe that we work our level best to help them achieve their goals—CEO Madinga By Duncan Mlanjira The world’s most affluent financial publication, Global Finance has named Standard Bank Plc as best bank in Malawi at its 29th annual…

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Low upward fuel price adjustments hurting retailers as they are forced to bear heavy burden of business capitalization

* Our members feel their patience has been stretched to the limit and are now threatening drastic action * For being forced to continue bearing such a heavy burden of business capitalization with a continued depreciation of returns * The fuel price adjustment on Sunday resulted in a further erosion of the retailers margin by 17.67% for petrol and 25.15% for diesel * As a consequence of maintaining a fixed margin of K78.44 per liter for both products By…

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CAMA accuses government of negligence to act on cooking oil price increase trends whose consequences were warned of 2 years ago

* CAMA’s statement is entitled ‘Government and Consumers Cheated by Cooking Oil Manufacturers’ * It is now becoming completely difficult for Government and CFTC to engage and agree with these cooking oil refining companies * Regarding the reduction of cooking oil prices which have currently skyrocketed * Government creates these Agencies to ensure that some traders or producers do not take advantage of their monopolistic positions on the market By Duncan Mlanjira Consumers Association of Malawi (CAMA) emphasizes that…

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Blue Waters and Kambiri Lake Malawi resorts entice revelers to sumptuous Easter Brunch buffet

* The Easter Brunch, set for Saturday and Sunday (April16-17), is going at K12,000 for adults and K9,000 for kids for day visitors * Other activities on offer include various types of water sports, lake speed boat rides mini water-park * This is also to market and stamp the credentials of Kambiri Beach Resort which has now been restored and elevated its iconic ambience * The two resorts are owned by Serendib Hotels and Resorts group By Duncan Mlanjira…

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MACRA warns unlicensed package couriers of K1m fine plus two-year jail term if caught

The event was spiced up by performing artist Fugie Kasipa * Malawi Police Service attested that it is illegal to carry out courier services * While advising the public that if they detect anyone doing so should report to the police or MACRA By Duncan Mlanjira Malawi Communications Regulatory Authority (MACRA) is on a campaign to sensitise the general public that they should make sure the buses and other motorists they use as courier to send parcels and packages…

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New Coronavirus variant detected in Botswana on 4 people

* The preliminary finding of this new sub-lineage is been designated as Omicron BA.4 and BA.5 * The four cases are currently being monitored to gather more information about the potential impact * Botswana is in collaboration with other stakeholders to continue studying the properties and characteristics of this Omicron sub-lineage * In order to gain more data and knowledge about its behaviour By Duncan Mlanjira Botswana’s Ministry of Health & Wellness has warned its citizenry that its scientists…

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FAM disputes allegations that it extravagantly spends on Mario Marinica’s accommodation at plush Amaryllis Hotel

* Contends that is has been saving up to K7.5 million for the five months the coach has stayed in the country * The figure reported are an exaggeration which have portrayed FAM as being extravagant and wasteful By Duncan Mlanjira Football Association of Malawi (FAM) says the K900,000 a month special package it spent for national team coach Mario Marinica’s accommodation at the plush Amaryllis Hotel in Blantyre helped the association to make significant savings of K1.5 million…

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CHESSAM defends its president Namangale’s nomination of players for National Championship that includes Kezzie Msukwa

Former CHESSAM president Kezzie Msukwa * Follows queries raised that Namangale nominated 7 instead of the maximum 3 as enshrined in CHESSAM constitution * “Our concern is purely on matters of constitutionalism other than targeting any individuals so nominated” * CHESSAM contends section 10 (1) (h) of its constitution is that the Open and Ladies sections are stand-alone tournaments with their own structures By Duncan Mlanjira Following concerns from one of its affiliates, Southern Region Chess League (SRCL) that…

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Prophet Bushiri honoured with Good Samaritan Award by National Product Magazine

Proud moment for Prophet Bushiri * It is the first-ever to receive in Malawi apart from numerous recognitions from foreign countries * I am very encouraged because this shows that there are other people who appreciate the efforts we make Victor Singano Jnr, Correspondent In celebration of its 80th edition, National Product Magazine awarded Prophet Shepherd Bushiri of Enlightened Christian Gathering (ECG) with a Good Samaritan Award for his humanitarian charitable programmes he reaches out to underprivileged Malawians. In…

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Serendib Hotels injects fresh breath of life for Kambiri Beach Resort in Salima by restoring and elevating its iconic ambience

A pristine atmosphere * The most capacious and iconic beach resort in Senga Bay was relaunched in style on Friday * Invited guests were treated to an experience of boat cruise and tour of the Namalenje Lizard Island and a beach dinner * The place, that has the longest beach along the Lake Malawi, is set to host the Sand Music Festival in September * We look forward to more local and international business support as Kambiri proves to…

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