News – Page 559 – Maravi Express – Your Kind of News. Clear and accurate.

Britam Insurance appeals to MSE delisted Real Insurance shareholders to claim their money

November 11, 2021

Britam Insurance’s Chief Executive Officer, Grant Mwenechanya By Duncan Mlanjira Britam Insurance Malawi, which bought off 100% of Real Insurance in 2014, is appealing to all shareholders of the delisted Real Insurance company to claim their money of their shares that are in excess of K60 million. In an interview Britam Insurance’s Chief Executive Officer, Grant Mwenechanya said the funds are available and if they remain unclaimed for 7 years they will have to be passed on to Malawi…

Airtel Malawi supports K25m in total for Flames AFCON participation

November 10, 2021

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Resource mobilisation taskforce chairperson Justice Alide (left) receives the support from Airtel MD Kamoto By Duncan Mlanjira Having already supported Football Association of Malawi’s ‘Kuipatsa Flames Moto’ funds mobilization campaign through the golf tournament held last month as well as the VIP fundraising dinner, Airtel Malawi Plc has added a further K20 million towards the cause. Airtel Malawi, sponsors of the end of the league season tournament — the Airtel Top 8 — committed K2.5 million each for the…

Malawian taekwondo expert Guba wins two silver medals in British championships in two weeks

November 10, 2021

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The Silver won on Sunday * Won the other on October 24 at the North East Open Championships in Newcastle City * He clinched gold on October 17 at the Ultimate Open Championships at Metrodome Leisure centre in Barnsley By Duncan Mlanjira Malawian UK-based taekwondo expert, Sergeant Yamikani Guba — who is with the British military — won a silver medal on Sunday at British National Taekwondo Championships held at the Copper Box Arena Queen Elizabeth Olympic Park —…

MW2063 needs collective participation—Chakwera

November 9, 2021

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Chakwera receiving copy of the First 10 Year Implementation Plan By Tione Andsen, MANA President Lazarus Chakwera says MW2063 is a photograph of the new Malawi is intending to build in the next 100 years but for it to be successfully implemented, it needs the participation of every citizen. He made the remarks on Monday at the launch First 10 Year Implementation Plan (MIP-1) at Bingu International Convention Centre (BICC) in Lilongwe on Monday during the opening of National…

National pension investment growing tremendously at over K1.1 trillion from 59.2 billion in 2011

November 8, 2021

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By Duncan Mlanjira As at the end of 2020, national pension fund investment contributions was at K1.1 trillion up from K59.5 billion when the Pension Act was enacted while the same time membership has also tremendously grown from 73,800 to 472,347 in 2020. This was disclosed on Monday by the Reserve Bank of Malawi (RBM) during a workshop that NICO Group organised to engage with various pension managers (employers) held at Sunbird Mount Soche Hotel in Blantyre. RBM’s Principal…

8 of 16 graduate in 4th cohort of African Drone and Data Academy include foreign nationals

November 8, 2021

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The 4th cohort of graduates By Duncan Mlanjira After the success execution of three classes of the African Drone and Data Academy through Malawi University of Science & Technology (MUST) through training Malawian youth, the 4th cohort included 8 foreign nationals from the 16 that graduated last week. They were from Nigeria, Zimbabwe, Zambia, Mozambique and Eswatini joining the 8 Malawian youths that were equipped with knowledge and skills on various aspects of drone operations — including its manufacturing,…

RBM’s Monetary Policy Committee maintains policy rate at 12.0%

November 8, 2021

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Maravi Express At its 4th meeting of 2021 held on November 2-3, the Monetary Policy Committee (MPC) of the Reserve Bank of Malawi (RBM) maintained the policy rate at 12.0%. The Liquidity Reserve Requirement (LRR) ratio on domestic and foreign deposits is at 3.75% while the Lombard rate is at 20 basis points above the policy rate. In a statement from MPC chairperson, Dr. Wilson T. Banda says the decision was arrived at after considering the need to continue…

Caring Hands pleased with positive response from people who appreciated its mental health services at Lilongwe Music Festival

November 8, 2021

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Caring Hands Director, Christine Mhone By Duncan Mlanjira Caring Hands Center Limited is pleased and satisfied that a lot of patrons to this year’s Lilongwe Music Festival enthusiastically visited their pavilion to learn more about mental health services of which this non-profit organization promotes its awareness. Caring Hands decided to partner with the organisers of Lilongwe Music Festival, whose theme was mental health awareness, gender based violence and stopping the stigma — that took place from October 28-31. The…

Manase Munthali cooks a K5 million Illovo Sugar meal

November 8, 2021

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Katandula (centre) presents the award to Manase Maravi Express Lilongwe-based business woman Manase Munthali beat seven other cooking and baking contestants to win a whopping K5 million from Illovo Sugar Malawi in the finale of the ‘Tseketseke Everyday Chef Moments’ promotion held at Sunbird Mount Soche in Blantyre on Friday evening. The 8-week Tseketseke Everyday Chef Moments, launched in August, invited consumers to engage in a fun and creative way through cooking and baking using the different variety of…

Airtel Malawi unveils ‘Zamadolo’ as 2021 Airtel Top 8 slogan; donates sets of jerseys to all teams

November 4, 2021

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Kamoto (right) and Nyamilandu pose besides the trophy and the kits for the teams * ‘Zamadolo’ theme is to inspire players to have a feeling that they’re indeed the stars of soccer in Malawi * Season Four opener is between Nyasa Big Bullets and MAFCO FC at Kamuzu Stadium on Saturday * Followed by a second match between Mighty Wanderers and Moyale Barracks at the same venue the following day By Victor Singano Jnr Sponsors, Airtel Malawi Plc on Thursday…