Business Posts

Fire destroys 70 hectares of sugarcane at Salima Sugar

Oct 24, 2020 Mwayi Mkandawire 0 &

Fire allegedly started by community members has destroyed 70 hectares of sugarcane and irrigation infrastructure worth K330 Million at Salima Sugar Company Malawi. The company said on its Facebook page today that the arson attack… ...

Chakwera tells govt officials to stop following him around

Oct 23, 2020 Mwayi Mkandawire 0 &

President Lazarus Chakwera has ordered senior government officials to stop following him around, saying they are preoccupied with the president than with the country. He made the remarks when he opened Sogecoa Golden Peacock Hotel… ...

I have never been convicted before – Bushiri

Oct 23, 2020 Sibu M. Mokoena 0 &

Prophet Shepherd Bushiri has said he has never been convicted of any crime before and that his children are too young to be separated from their father as he fights alleged fraud and money laundering… ...

Bushiri reveals his monthly salary: Couple makes close to half a billion

Oct 23, 2020 Sibu M. Mokoena 0 &

Prophet Shepherd Bushiri has revealed his monthly and annual salary from a shell of companies that the Malawian born prophet owns together with his wife, Prophetess Mary Bushiri. Bushiri revealed his monthly perks during his… ...

30% of IMF aid will be siphoned to 2021 financial budget

Oct 23, 2020 Sibu M. Mokoena 0 &

30% of the $102 million aid that the International Monetary Fund dedicated to Malawi will be directed towards the 2021 financial budget in order to shore up the issues caused by the recent pandemic. The… ...

MRA collects over K4.65 billion through voluntary compliance window

Oct 21, 2020 Elijah Phompho - MEC Stringer 0 &

The Malawi Revenue Authority (MRA) says it has managed to collect about K4.65 billion during the voluntary compliance window the revenue body opened in April this year. The window is expected to be closed on… ...

Crossroads contradicts itself: We only got K12.5m from State House

Oct 20, 2020 Lindiwe Sambalikagwa 0 &

Barely few hours after describing reports of getting payments from State House as fake, Crossroads Hotel has changed its statement saying it only received K12.5 million from State House instead of K65 million as alleged.… ...