Business Posts

Kachaje speaks at ECAMA conference  

Nov 11, 2021 Malawi24 Reporter 0 &

Embattled Malawi Energy Regulatory Authority (MERA) Chief Eexecutive Officer Henry Kachaje spoke today at the ongoing Economics Association of Malawi (ECAMA) conference amid questions about his hiring. Yesterday, a leaked report showed that the Ombudsman… ...

Malawi Parliament passes motion on interest rate capping

Nov 11, 2021 Mwayi Mkandawire 0 &

Malawi Parliament has passed a motion allowing the tabling of a bill which seeks to amend the Financial Services Act to include interest rate capping. Member of Parliament for Dowa West Abel Kayembe moved the… ...

Chilima tells banks to cut interest rates

Nov 11, 2021 Malawi24 Reporter 1 &

Vice President Saulos Chilima has demanded banks in Malawi to reduce interests, saying Reserve Bank of Malawi will issue a directive on the issue if commercial banks do not reduce the rates voluntarily. Chilima made… ...

Malawi Housing Corporation hikes rentals

Nov 11, 2021 Russell Kondowe 0 &

Malawi Housing Corporation (MHC) has raised rentals effective November 1, 2021. MHC Spokesperson, Enerstina Lunguzi, has confirmed the price adjustment. According to a published report, rentals for some houses have been hiked by K5000.  This… ...

State House promised me MERA job – Chapweteka

Nov 11, 2021 Malawi24 Reporter 0 &

Former witness in the presidential elections case Richard Chapweteka told the Ombudsman that State House promised him the role of Malawi Energy Regulatory Authority (MERA) chief executive officer. This is revealed in a leaked Ombudsman… ...

Inside the Ombudsman report nullifying the appointment of MERA ex-CEO Henry Kachaje

Nov 10, 2021 Malawi24 Reporter 0 &

A court injunction has this morning sought to save embarrassment from illegally appointed Malawi Energy Regulatory Authority (MERA) CEO, Henry Kachaje. However, the contents of the report (which you can download here) have not failed… ...

MERA promotes gas use

Nov 10, 2021 Martha Chikoti 0 &

Malawi Energy Regulatory Authority (MERA) has touted Liquified Petroleum Gas (LPG) as a safe and easy to use source of energy and has assured Malawians that gas will be available in the country for those… ...

Report on Kachaje’s hiring to be released tomorrow

Nov 09, 2021 Lindiwe Sambalikagwa 0 &

The Office of the Ombudsman will tomorrow release a report on the recruitment of Henry Kachaje as Chief Executive Officer of Malawi Energy Regulatory Authority (MERA). The report is titled "An Investigation in The Matter… ...

7 type of insurance you need to protect your business

Nov 06, 2021 Luke Bisani 0 &

You have worked hard to get your business going. You work even harder to keep it going. To keep your vision going you need to make sure that you have enough insurance coverage to handle… ...

MERA wants more people in Malawi to use gas

Nov 05, 2021 Mike Lyson Zgambo 0 &

Malawi Energy Regulatory Authority (MERA) has called on people to use gas for cooking saying Liquefied Petroleum Gas is affordable and is an ideal alternative to charcoal which is greatly contributing to wanton cutting down… ...

Airtel introduces new feature on Airtel Money

Nov 04, 2021 Malawi24 Reporter 0 &

Airtel Malawi has introduced a new Airtel Money feature which allows subscribers to send money together with withdrawal fee. The company announced the new feature during a press briefing on Wednesday. On the Airtel Money… ...

Minibus owners plan protest over tollgate fees

Nov 04, 2021 Russell Kondowe 0 &

Minibus owners in Malawi have said they will hold a nationwide protest against the K3,400 tollgate fees for minibuses. The announcement comes as Government has said it will soon open the newly constructed toll plaza… ...

Lotus acquisition of Livingstonia uranium site confirmed by Malawi mining ministry

Nov 04, 2021 Kondwani Mkhalipi-Manyungwa 0 &

..."It is an exploration licence", insist Mining principal secretary ...Site likely to help Lotus increase its global reserves by 16% at K3 for a kg ...Lotus increase its landholding at Livingstonia to 187 square kilometers… ...

Malawi nicknamed banter country over Uranium site sold at K25 million

Nov 03, 2021 Malawi24 Reporter 1 &

Malawians have expressed shock that a uranium site in Malawi has been sold for K21 million to an Australian Company. Lotus paid just US$25,000 dollars to acquire the site from a Malawian entity which previously… ...

I want data prices reduced — Suleman

Nov 03, 2021 Malawi24 Reporter 0 &

Malawi Communications Regulatory Authority (MACRA) Director General Daud Suleman says he wants to see to it that data tariffs are reduced during his tenure of office. Suleman was speaking during his maiden interface with staff… ...