News – Page 692 – Maravi Express – Your Kind of News. Clear and accurate.

ICAM CEO aggrieved by law Professor Chirwa’s assertion that his PhD is fake

August 3, 2020

By Duncan Mlanjira Institute of Chartered Accountants in Malawi (ICAM) chief executive officer (CEO), Dr Francis Chinjoka Gondwe says he is aggrieved by allegation made by Malawian law Professor Danwood Chirwa on social media that asserts that Gondwe’s doctoral degree in Business Administration obtained through Columbia Commonwealth University in 2011 is ‘fake’. Prof. Chirwa, who is Professor and Dean of Law at the University of Cape Town, posted on Facebook on Sunday alleging that Columbia Commonwealth University is a…

FDH Bank Plc officially listed on Malawi Stock Exchange

August 3, 2020

| No Comments

| Business, News

By Mayamiko Phiri FDH Bank Plc has officially been listed on Malawi Stock Exchange at a colorful ceremony took place in Blantyre on Monday, 3rd August 2020. On the listing day about 900,000 shares were traded. The price went up to K15 from K10 per share allowing shareholders to register a capital gain of 50 percentage on the first day. FDH bank managing director, Ellias Ngalande said this is a good development for the bank as now they will…

Airtel resumes person to person mobile money transaction fees

August 3, 2020

| No Comments

| Business, News

Maravi Express Airtel Money has reverted to its original transaction fees and account holding balances following the expiry of provisional measures put in place on 23rd April 2020 to mitigate the impact of COVID-19 for 90 days (3 months). In a statement, Airtel says effective from 1st August, 2020, fees on all Person to Person (P2P) transactions for Airtel Money to Airtel Money customers and from Airtel Money to Mpamba customers are now as was on 22nd April 2020….

Jaffu remains an excellent model to those who aspire to work in Civil Service — Chilima

August 3, 2020

| No Comments

| National, News

By Kondwani Magombo, MANA “Chitsime chomwe timakatapako nzeru chaphwa — Wagwa Mgwalangwa (the well which we tapped wisdom from has dried up — the palm tree has fallen down)” is how Vice-President Saulos Chilima described former Secretary to the President and Cabinet (SPC), late George Austen Jaffu in his eulogy during Jaffu’s funeral in Mangochi on Saturday. Jaffu, 82, died on Thursday, July 30, 2020 in Blantyre and he was laid to rest with military honours at his home,…

President Chakwera introduces special award for most dedicated health workers

August 2, 2020

| No Comments

| Health, National, News

By Duncan Mlanjira President Lazarus Chakwera has announced the introduction of a special award, Zikomo Presidential Award, to be given as a token of thanks to the most dedicated health care workers. The President announced this on Saturday during his weekly national address in which he was reporting on the status of the country’s fight against the Coronavirus pandemic after meeting the Presidential Taskforce on COVID-19 to assess the situation. He said despite the worrisome increase in the number…

First line of defense against COVID-19 is the general public itself — Chakwera

August 2, 2020

| No Comments

| Health, National, News

By Duncan Mlanjira While health care workers and health facilities are the last line of defense against infectious diseases like COVID-19, President Lazarus Chakwera reiterates that the general public itself is the first line of defense. The President announced this on Saturday during his weekly national address in which he was reporting on the status of the country’s fight against the Coronavirus pandemic after meeting the Presidential Taskforce on COVID-19 to assess the situation. He reported that the number…

Muslim community infuriated by removal of billboard deemed offensive by Christian community

August 1, 2020

| No Comments

| National, News

By Duncan Mlanjira The controversial billboard that was erected by Islamic Information Bureau at Maselema near Toyota Malawi in Limbe and was removed by Blantyre City Council, has taken a new twist as the Muslim community is infuriated by its removal and is ‘demanding’ for its immediate restoration. In a letter to Blantyre City Council’s chief executive officer dated Thursday, July 30, the Islamic Information Bureau — through national coordinator Sheikh Ahmed Chienda — says it is appalled by…

Total COVID-19 related deaths now at 120; Cumulatively Malawi has recorded 4,186 cases since April

August 1, 2020

| No Comments

| Health, National, News

By Duncan Mlanjira Saturday’s COVID-19 situation update says Malawi has registered 108 new COVID-19 cases, 39 new recoveries and six new deaths, bring the deaths to 120 since April when the country recorded its first three cases. A situation report from co-chairperson of Presidential Taskforce Force on COVID-19, Dr. John Phuka says two of the deaths are from Lilongwe and one from Likoma. The other three deaths are from Lilongwe — two occurred on 27th July and one occurred…

ESCOM employees contributing to illegal power supply connections; Disconnects 20 houses in Bangwe

August 1, 2020

| No Comments

| Business, National, News

Maravi Express Electricity Supply Corporation of Malawi (ESCOM) has disclosed that some of their employees, both active and former staff members, are contributing to illegal power supply connections. This was disclosed on Friday, July 31 by ESCOM’s Public Relations Manager, Innocent Chitosi when the power utility supplier disconnected a total 40 houses at Nthandizi in Limbe’s Bangwe township for illegal connections. In its ‘Random Inspections Exercise’ of electricity, ESCOM discovered that some of their customers, Horrace Khan and Mabvuto Kapyepye,…

NBS Bank, NBS Forex Bureau record half-year MK3.7bln profit before tax

August 1, 2020

| No Comments

| Business, News

By Duncan Mlanjira NBS Bank Plc and NBS Forex Bureau have recorded a profit before tax of MK3.7 billion for the six months ended 30th June 2020 and net profit after tax of MK2.8 billion. The profit before tax is up from MK2.1 billion in the same period in 2019 that had a net profit after tax of MK1.4 billion. Due to this impressive performance, the Bank’s Board of Directors has recommended the payment of an interim dividend for…