TNM Super League sponsorship taken to a high level of half a billion kwacha
Maravi Express
by Duncan Mlanjira
5h ago
* K176 million will go towards teams’ prizes with the winner carting home a cool K100 million * K10 million to individual awards and K160 million towards teams’ subventions with each team pocketing K10 million Maravi Express TNM Plc has increased sponsorship of the Super League by 350% from K150 million to K500 million of which the winner shall receive K100  million with the runners going home with K40 million and third place at K30 million. “This is a massive step up and a huge stepping stone in our quest... The post TNM Super League sponsorship taken to a high level of half a billion kw ..read more
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Former RBM Governor Kabambe, his deputy Mathanga discharged from charge of abuse of office but maintains that of fraud other than false pretences
Maravi Express
by Duncan Mlanjira
9h ago
* The charge of abuse of office is time-barred pursuant to section 302A of the Criminal Procedure & Evidence Code * Kabambe had his caution statement recorded on 8th December 2021 but since that time, trial has not yet commenced. * Mathanga’s statement was recorded on 7th March 2022 and counting a period of 12 months from those dates, the latest that trial should have commenced was 7th March 2023 By Duncan Mlanjira The High Court has discharged two of the charges that were laid against former Reserve Bank of... The post Former RBM Governor Kabambe, his deputy Mathanga discharged from charg ..read more
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TNM brings SME Connect Solution; A converged communication solution
Maravi Express
by Duncan Mlanjira
12h ago
* Designed to streamline operations, improve efficiency, and empower SMEs to thrive in an increasingly competitive market * We understand that SMEs face numerous challenges that deter productivity as they strive to maintain agility By Duncan Mlanjira Malawi’s pioneer mobile network and ICT services provider, TNM Plc, has launched a converged communication solution that integrates Microsoft 365 into mobile voice and data for small & medium enterprises (SMEs). Dubbed TNM SME Connect, the product integrates voice, data and Microsoft business standard license under one roof — aiming to address ..read more
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Consumers alerted against paying for building materials before delivery
Maravi Express
by Duncan Mlanjira
12h ago
Mostly its roof iron sheets * As some traders demand pre-payment when they don’t have the goods in stock or capacity to supply * Which is a violation of section 43 (1)(g) of the Competition and Fair Trading Act (CFTA) By Duncan Mlanjira The Competition & Fair Trading Commission (CFTC) says it has in the past six months been receiving complaints from consumers regarding the conduct by some traders who are receiving prepayment for goods, especially building materials such as iron sheets, when they are well aware that they do... The post Consumers alerted against paying for building materials ..read more
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CDH Investment Bank expresses optimism of further growth; As it posts K11.140 billion profit after tax
Maravi Express
by Duncan Mlanjira
12h ago
* The performance represents a 48% jump in profit when compared to the K7.53 billion which the bank reported in 2022 * Customer deposits grew by 42% year on year while the bank’s loans and advances grew by 34% * With investment funds and financial assets growing by 42% and 40% respectively By Duncan Mlanjira CDH Investment Bank (CDHIB) has expressed its optimism of further growth in both the investment banking and commercial banking activities, “albeit, in a challenging business environment” — as the financial institution announces it has posted... The post CDH Investment Bank expresses optimi ..read more
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‘Illovo Sugar Malawi stands in solidarity with its surrounding communities’; As Nchalo Estate donates 16,000 bags of maize flour
Maravi Express
by Duncan Mlanjira
16h ago
* Recently, we have been confronted with the stark reality of hunger in Chikwawa district due to the El Niño weather phenomenon * The plight of our fellow citizens, particularly those in Paramount Chief Lundu’s community, has weighed heavily on our hearts By Duncan Mlanjira Illovo Sugar Malawi Plc emphasised its moto of ‘Creating a Thriving Community’ by donating 16,000 bags of maize flour of 25kgs each to surrounding residents of Nchalo Estate in Chikwawa as an assurance that the company stands in solidarity with its neighbours. At the official... The post ‘Illovo Sugar Malawi stands in solid ..read more
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CFTC to enquire with Illovo on reasons behind increase of sugar prices
Maravi Express
by Duncan Mlanjira
3d ago
* This may culminate into a full-fledged  investigation against the company depending on the explanation we get * We are also alive to the fact that this increment comes barely five months after the company effected a 33% increment on sugar products following the currency realignment By Duncan Mlanjira Following the announcement on the increase of prices of sugar made today by Illovo Sugar Malawi Plc, Competition & Fair Trading Commission (CFTC) says it is in process of engaging the company to enquire on the reasons behind the upward adjustment.... The post CFTC to enquire with Illovo ..read more
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Malawi-Israel labour MoU ‘agrees to recruit workers who have relevant experience in the agriculture sector’
Maravi Express
by Duncan Mlanjira
3d ago
* The relevant experience ranging from agronomy, animal husbandry, horticulture, among others * MoU to ensure that the cooperation in the field of labour is guided by legal, fair, and well-informed protocols Analysis by Duncan Mlanjira Malawi’s temporary agricultural labour export to Israel attracted a lot of local and international attention as it coincided with the conflict between Israel and the Hamas — with some labeling it as a secret deal — but truth of the matter was Malawi already had an agreement with Israel through Lilongwe University of Agriculture... The post Malawi-Israel labour M ..read more
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Malawi Police Inspector General Yolamu ordained as church elder
Maravi Express
by Duncan Mlanjira
3d ago
* Most people think a law enforcer cannot serve as a church elder—IG Yolamu *  But we are saying a good security officer is the one who knows the word of God and is eager to serve Him By Wallace Chipeta, MANA  Malawi’s 22nd Inspector General (IG) of Police, Merlyne Nachulu Yolamu was on Sunday ordained as church elder for Police Headquarters Church of Central Africa Presbyterian (CCAP) under Nkhoma Synod in Lilongwe. She becomes the first Malawian IG to take up that high position in the church to rule Christians,... The post Malawi Police Inspector General Yolamu ordained as chu ..read more
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Beijing half marathon winners stripped of medals after African trio let Chinese runner win
Maravi Express
by Duncan Mlanjira
3d ago
Chinese runner He Jie, Ethiopian Dejene Hailu Bikila and Kenyans Robert Keter and Willy Mnangat at the finish line of the Beijing Half Marathon on April 14  * A video clip of the finish shows Kenya’s Willy Mnangat turning toward He Jie and gesturing for him to move ahead as the four men run neck and neck  * Former 5km world record holder Robert Keter, also from Kenya, then appears to wave at He Jie to overtake the pack while signaling for his compatriot and Ethiopia’s Dejene Hailu to hang back By Nectar... The post Beijing half marathon winners stripped of medals after ..read more
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