Business Posts

MCP to introduce fees for mobile numbers

Mar 04, 2021 Mwayi Mkandawire 0 &

The Lazarus Chakwera administration plans to introduce annual subscription fees for mobile phone numbers in Malawi This means mobile phone users will be paying fees set by the Malawi Communications Regulatory Authority (Macra) which regulates… ...

MRA revamps kuiphula ndi lisiti langa campaign

Mar 03, 2021 Malawi24 Reporter 0 &

The Malawi Revenue Authority (MRA) has resumed its Electronic Fiscal Devices (EFD) campaign branded ‘Kuiphula ndi lisiti langa' launched earlier this year in order to compel business proprietors in the country to remit value added… ...

Smuggling soars: Government urged to lower tax rates

Mar 03, 2021 Malawi24 Reporter 0 &

As rampant smuggling of different products threaten to cripple local manufacturers, an economist Dr Betchani Tchereni has urged the government to introduce strong measures to curb the illegal activity. There has been a rise of… ...

Medical insurance company hopes smartcard will reduce insurance fraud

Feb 27, 2021 Archangel Nzangaya 0 &

One of Malawi's medical insurance providers, Wella Medical Aid Society of Malawi (WEMAS), has launched a biometric smart card system which the company hopes will reduce cases of fraudulent claims. Speaking at the launching ceremony… ...

SOBO “tippex” competition

Feb 27, 2021 Malawi24 Reporter 0 &

SOBO (Southern Bottlers) allegedly tippexed results of social media competition against a candidate that had over 450 likes in favour of another entry with a handful of likes and comments. The company on December 30… ...

Smuggled cooking oil flood Blantyre markets

Feb 24, 2021 Malawi24 Reporter 0 &

Local cooking oil manufacturing companies are feeling the pinch of smuggled products following the influx of the commodity not only in rural areas but in Blantyre City as well. A random survey we conducted shows… ...

Bushiri gets the ‘Norman Chisale’ injunction: Court stops Police from arresting Major 1 on all matters

Feb 21, 2021 Malawi24 Reporter 0 &

The Malawi High Court in Lilongwe has today granted an injunction restraining the Malawi police from arresting fugitive Prophet Shepherd Bushiri and his alleged partner-in-crime wife Mary Bushiri from being arrested on all matters. Filed… ...

African Development Bank ban Global Interjapan fraud

Feb 16, 2021 Kondwani Mkhalipi-Manyungwa 0 &

The African Development Bank (ADB) Group has banned Global Interjapan (Kenya) Limited with effect for three years for fraud. An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Global Interjapan (Kenya)… ...

Malawi to have digital market, insurance platform

Feb 12, 2021 Archangel Nzangaya 0 &

One of Africa's business tycoons is this year set to launch a digital platform for online shopping and a platform that will connect insurance brokers with clients in Malawi. Announcing the development was Angolan businessperson,… ...

Organisation seeks to support Malawi women entrepreneurs

Feb 10, 2021 Archangel Nzangaya 0 &

An organization working in the SADC region, Africa Trust Group (ATG), has partnered Enygma Ventures to financially support Malawian women who have existing businesses and those with business ideas. This is according to Lelemba Phiri… ...

Capital Dairy Industries Limited incentivise dairy farmers

Feb 09, 2021 Malawi24 Reporter 0 &

Dairy products manufacturer, Capital Dairy Industries Limited (CDIL), has promised small loans to dairy farmers and has set milk prices at K210 per litre in order to motivate farmers to increase production. Speaking during a… ...

SMEs welcome policy rate reduction

Feb 08, 2021 Malawi24 Reporter 0 &

The Indigenous Business Association of Malawi (IBAM) has welcomed the central bank’s decision to have the current policy rate maintained at 12 percent, with a plea for government to prioritize indigenous businesses in awarding contracts… ...

TOP 5 Forex brokers for Malawi

Feb 06, 2021 Kondwani Mkhalipi-Manyungwa 0 &

Forex trading has become widely popular all over the world these days. The foreign exchange market is one of the most heavily traded global markets that churn out trillions of dollars in trading per day.… ...

Benefits of using Forex demo account as a beginner

Feb 04, 2021 Lindiwe Sambalikagwa 0 &

As a common way of holding traders so that customers can make the most of the transaction execution and deposit services into their trading accounts, most Forex brokers offer a free training account or demo… ...

Organisation empowers female headed households in Mzimba

Feb 03, 2021 Mike Lyson Zgambo 0 &

An organisation in Mzimba has empowered female headed families looking after orphans and vulnerable children to be self-reliant in the long term through agribusiness. This comes as the ever-growing number of orphans and vulnerable children… ...