News – Page 560 – Maravi Express – Your Kind of News. Clear and accurate.

Malawi international Gerald Phiri Jr. set to join Sudanese giants Al Hilal

November 4, 2021

Gerald Phiri Jnr. in action for Baroka FC of South Africa Maravi Express Malawi international Gerald Phiri Jnr., who is plying his trade at South Africa Premier Soccer League (PSL) side, Baroka FC winger is reportedly on his way to Sudan to join Al Hilal after an offer was tabled and accepted. A report by thesouthafrican.com, quotes FarPost media outlet as saying Al Halil and Baroka reached an agreement for the sale of the 28-year-old left-footed winger. “FARPost has been…

Chingeni Toll Plaza operational from Monday, Oct. 8

November 4, 2021

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| Business, National, News

By Duncan Mlanjira The Roads Fund Administration announces that from Monday, October 8, motorists will now be expected to pay toll fees at Chingeni Toll Plaza in Balaka along the Blantyre-Lilongwe M1 Road. In a public statement, the Road Fund Administration says qualifying motorists shall enjoy Frequent User Discounts and Local User Discounts as prescribed in the Third Schedule of the Roads Fund Adminstration (Tolls) Regulation 2021. Frequent User Discounts is only applicable on the 11th passage at the…

Chakwera suggests on investing in historical museums to advance tourism attraction after being impressed with David Livingstone Museum

November 4, 2021

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Chakwera being briefed by Scotland-Malawi Partnership’s chief executive officer, David Hope-Jones By Linda Moyo, MANA in Scotland Having been impressed with David Livingstone Museum, President Lazarus Chakwera says it is high time Malawi started utilizing opportunities that museum — as a tourist attraction sector — can play to improve the economic development of the country. The President visited the impressive museum on Wednesday in the city of Blantyre in Scotland that preserves and dedicates the life and work of…

Finance Minister Mlusu visits construction site of Shire Valley Transformation Project as part 2 of phase 1 is ready to roll out

November 3, 2021

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| Agriculture, Business, National, News

Mlusu being briefed of the progress of the project * The project’s objective is to irrigate 43,370 hectares of land by abstracting water from Shire River * Conveying it by gravity to irrigable areas of Chikwawa and Nsanje Districts * This will ensure a more consistent supply of water to farm lands throughout the year * To increase agricultural productivity and commercialization for the two districts’ targeted 223,000 farmers By Duncan Mlanjira On his visit to the construction site…

Finance Minister Mlusu advises public to report to RBM if banks pass on VAT to customers

November 3, 2021

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Mlusu during his visit to appreciate construction works of the Shire Valley Transformation Project * The government will collect VAT on the earnings banks make on charges *At no point should that be passed on the customers * Customers are assured that their money shall be refunded if they shall be charged VAT By Duncan Mlanjira Finance Minister Felix Mlusu has advised the public to report to the Reserve Bank of Malawi (RBM) if they discover that their banks are…

EGENCO signs contract with Chinese electrical company to construct 10 megawatts solar power in Salima

November 1, 2021

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EGENCO CEO William Liabunya and CHINT Group’s Dennis Chu Liang exchange contracts * The 10MW is the first phase of project towards a scalable 20MW solar power plant that will be implemented back to back * Contractor CHINT Group expresses its commitment to complete the project in time *The contractor has vast experience in developing solar power systems in Asia, Europe and other African countries By Duncan Mlanjira Electricity Generation Company (Malawi) Limited (EGENCO) is expected to commission a 10 megawatts…

MultiChoice launches 50+ channel GOtv Supa package at K18,000 monthly subscription

November 1, 2021

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Some of the channels on GOtv Supa * GOtv Max a complimentary 30-day viewing window at no charge in December * GOtv Supa adds to five as packages on offer for viewers through GOtv Max; GOtv Plus; GOtv Value and GOtv Lite * “When it comes to the best quality African-grown entertainment, GOtv certainly delivers the best” By Duncan Mlanjira Effective Monday, November 2, MultiChoice clients can choose to upgrade their GOtv packages to a brand-new one — GOtv…

RBM appeals Judge Kenyatta’s ruling to re-tender ICT contracts awarded to a company that did not qualify for bidding

November 1, 2021

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The Reserve Bank of Malawi * It’s RBM’s attempt to evade the outcome of a court process that was initiated by itself * In order to still award the procurement contract to Mitra Systems though the process was severely faulted by the Court * As well faulted by RBM’s independent forensic auditors it appointed * RBM did not abide to the High Court’s order to re-tender at the reduced period of 21 days By Duncan Mlanjira The Reserve Bank…

CAMA appeals to consumers to immediately withdraw their money from banks and keep it safe in homes

October 31, 2021

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* “Consumers will only wake up one day and only to find that their money in the bank has been wiped-out” * BAM’s press release is a friendly warning to all consumers that their money is unsafe with the banks * The reintroduction of new transaction charges in the name of VAT is unacceptable and unjustifiable By Duncan Mlanjira Consumer Association of Malawi (CAMA) has joined the outcry on the introduction of value added tax (VAT) which banks are…

Financially vulnerable members seek legal direction to demand Attorney General to suspend enforcement of some sections of VAT (Amendment) Act

October 29, 2021

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* If the demands are not met and the law comes into force, Kawelo Lawyers is instructed to proceed with Constitutional review of the impudged amendments * “The amended law has added VAT on interchange fees between banks — which are mostly done through ATMs” * “The law seeks to add VAT on interchange fees between a bank and other financial institutions including mobile banking” * “Mobile banking is mostly used by members of the community with no bank…