Business Posts

Old Mutual Malawi embarks on insurance fraud awareness drive

Jun 25, 2022 Malawi24 Reporter 0 &

Old Mutual (Malawi) Ltd has launched A fraud awareness campaign as one way of alerting its customers and the general public to be ahead and able to notice fraud indicators to avoid falling victims. According… ...

Fuel is cheap here – NOCMA’s Buluma defends hike

Jun 25, 2022 Russell Kondowe 0 &

National Oil Company of Malawi  (NOCMA) deputy Chief Executive Officer Helen Buluma has defended the fuel price increase, saying the current prices are not high as Petrol price was supposed to be at K3,500 per… ...

JTI  says Tobacco season has been tough for both buyers and growers

Jun 24, 2022 Martha Chikoti 0 &

One of Malawi's tobacco buyers, JTI Limited, says delayed rainfall during the 2021/22 tobacco growing season has affected contracted growers as well as the company. The company said this during a media briefing on 2021/2022… ...

Fuel prices go up in Malawi

Jun 22, 2022 Mwayi Mkandawire 1 &

The Malawi Energy Regulatory Authority (MERA) has hiked prices of petrol, diesel and paraffin. Petrol which was at K1,380 per litre is now at K1,999. Diesel price has been increased from K1,470 per litre to… ...

ESCOM hikes blackouts

Jun 21, 2022 Russell Kondowe 0 &

Malawi Energy Regulatory Authority (MERA) has approved the request by Electricity Supply Corporation of Malawi (ESCOM) to increase electricity tariffs despite ESCOM delivering more blackouts than electricity to Malawi. The hike means customers will now… ...

Sunbird pledges to continue providing high quality hospitality services

Jun 19, 2022 Chris Loka 0 &

Malawi’s leading hotel chain, Sunbird hotels and resorts has promised to continue providing  high quality hospitality services to both local and international customers across all the hotels and resorts in the country. Speaking during the… ...

Questions raised after Mzuni awards seven bids to one company

Jun 19, 2022 Mwayi Mkandawire 1 &

Questions have been raised after a single company emerged as the lowest evaluated bidder in all seven lots of a K561 million contract for the supply of equipment for the operationalization of Mzuzu University –… ...

Rail transportation of fuel likely to reduce prices – PIL  

Jun 18, 2022 Malawi24 Reporter 0 &

Petroleum Importers Limited (PIL) says transportation of fuel by rail will likely reduce the commodity's prices in Malawi. PIL General Manager, Martin Msimuko, said  in an interview with Malawi24 that rail transportation is cost effective… ...

Kubweretsa mafuta pa sitima yapamtunda kutha kupangitsa kuti mtengo utsike

Jun 18, 2022 Raphael Likaka 0 &

Bungwe la Petroleum Importers Limited (PIL) lati kuyamba  kubweretsa mafuta pa sitima yapamtunda kutha kupangitsa kuti mtengo wamafuta utsike m’dziko muno. Mkulu wa kampani ya Petroleum Importers Limited m’dziko muno a Martin Msimuko ndiwomwe anena… ...

Wanderers,  Mukuru sign K175m deal

Jun 15, 2022 Mike Lyson Zgambo 0 &

Mighty Mukuru Wanderers, formerly Mighty Wanderers, this morning unveiled its sponsorship with Zimbabwean money transfer company Mukuru at Mpira Stadium in Blantyre. During the ceremony which FAM President President Walter Nyamilandu,  Minister of Youth and… ...

Two fined for selling fuel close to ESCOM transformer

Jun 15, 2022 Martha Chikoti 0 &

The Dowa First Grade Magistrate's Court has ordered two men to pay a fine of K150,000 each or in default serve 18 months imprisonment with hard labour after they were found selling fuel near an… ...

Ethiopian Airlines rated worst for service

Jun 11, 2022 Russell Kondowe 0 &

Ethiopian Airlines has been called out for its poor and selective customer care services for black people. Twitter users have taken the airline to task over its treatment of black Africans, especially those from Southern… ...

AfDB approves K9.5 billion in grants to Malawi

Jun 10, 2022 Malawi24 Reporter 0 &

The Board of Directors of the African Development Bank (AfDB) has approved two grants amounting to $9.25 million (K9.5 billion) for implementation of the Africa Disaster Risk Financing Programme (ADRiFi) in Malawi which will boost… ...

Fraud rocks Ecobank Malawi

Jun 09, 2022 Shorai Mopiwa 0 &

EcoBank Mzuzu Branch Manager, John Chizuza, was arrested yesterday for failing to account for K129 million at the bank. Paul Tembo who is the Mzuzu Police Public Relations Officer said Chizuza was arrested after a… ...

ADMARC told not to sell maize

Jun 09, 2022 Mwayi Mkandawire 1 &

Agricultural Development and Marketing Corporation (ADMARC) has been told to cancel plans to sell 100,000 metric tonnes of maize worth US$22 million (over K22 billion) to Zimbabwe. ADMARC signed a deal to sell maize Grain… ...