Month: January 2021 Posts

AHL employees receive salaries following K6 billion bailout

Jan 06, 2021 Malawi24 Reporter 0 &

Auction Holdings Limited (AHL) employees, who went four months without receiving their salaries, have started getting their money days after ADMARC bailed out AHL. Last week, ADMARC released K6 billion to its subsidiary AHL which… ...

Tonse Govt plans to modernise Malawi’s cities

Nov 23, 2020 Mwayi Mkandawire 1 &

Vice President Saulos Chilima says the Tonse administration will modernise the country’s four cities and establish a fertilizer manufacturing company as part of reforms. Chilima who is also Minister of Economic Planning and Public Sector… ...

ADMARC CEO Jumbe suspended

Nov 11, 2020 Lindiwe Sambalikagwa 0 &

ADMARC Limited’s Board of directors has suspended Chief Executive Officer Felix Jumbe and two directors. A memo dated November 11 and signed by chairperson of the board Alexander Kusamba Dzonzi says Director of Finance Harold… ...

Chaos: Parastatals run dry of salaries

Oct 01, 2020 Lindiwe Sambalikagwa 0 &

Several parastatals have revealed that they will not be able to pay employees their salaries in time because the companies do not have enough money. Admarc, AHL Group and Airport Development Limited (ADL) have informed… ...

MPs asked to help end corruption at ADMARC

Aug 31, 2020 Martha Chikoti 0 &

Center for Social Concern has called upon Members of Parliament to support the Tonse Alliance government to end corruption and depoliticize ADMARC if they really want Malawi to be free from hunger. The appeal was… ...

Govt seeks solution on debts owed to parastatals

Aug 28, 2020 Mwayi Mkandawire 0 &

Vice President Saulos Chilima says government will come up with a plan in order to pay debts owed to parastatals. Chilima said this after meeting Agricultural Development and Marketing Corporation (ADMARC) management. He noted that… ...

Government raises Maize buying price to K310

Jan 30, 2020 Daniel Sapuli 0 &

Government through the Ministry of Agriculture, Irrigation and Water Development has hiked the maize buying price in order to encourage private entities who are keeping maize stocks to sell it to the government. The government… ...

Villagers steal relief maize, injure police officers in Chiradzulu

Jan 22, 2020 Owen Ndalama 1 &

Police in Chiradzulu are hunting for people who injured five police officers and stole bags of maize at Namitambo ADMARC on Monday. According to public relations officer for Chiradzulu Police Sergeant Yohane Tasowana, there was… ...

Mzuzu residents forced to pay chiefs to access maize from Admarc

Jan 22, 2020 Mike Lyson Zgambo 0 &

A committee comprising chiefs at Chiputula Admarc depot in Mzuzu has been accused of demanding money from community members who go to the depot to buy maize. According to the community members, one of the… ...

Govt gives farmers two weeks to sell maize to ADMARC

Nov 08, 2019 Mike Kalumbi 0 &

… Says will import if it fails to buy locally Government through the Ministry of Agriculture, Irrigation and Water Development has told farmers and traders to sell maize to ADMARC before the end of the… ...

K7 billion cashgate hits Admarc

Jul 09, 2018 Malawi24 Reporter 0 &

Public Accounts Committee (PAC) has revealed about a K7 billion cashgate at Agricultural Development and Marketing Corporation (Admarc). It has been revealed that Admarc spent K7 billion without Treasury's approval as required by the Public… ...

Mutharika appoints new Auditor General

Jun 20, 2018 Malawi24 Reporter 0 &

President Peter Mutharika has appointed Agricultural Development and Marketing Corporation (Admarc) employee Harold Mwala as the new Auditor General (AG). Mwala's appointment is effective Monday 18th June, 2018. He has replaced Stephenson Kamphasa whose contract… ...

Dausi dragged into Chaponda case

Feb 27, 2018 Luke Bisani 35 &

Malawi’s information minister Nicholas Dausi is expected to testify against former minister of agriculture, irrigation and water development George Chaponda this afternoon in a corruption case. Dausi is expected to be a state witness against… ...

APM admits corruption is rife in government

Dec 25, 2017 Malawi24 Reporter 37 &

President Peter Mutharika has admitted that corruption remains a big challenge in government. Mutharika made the sentiments during an interview with Zodiak Broadcasting Corporation. Mutharika said there are some government departments like Admarc where corruption… ...

Govt secretly bails out Admarc

Dec 08, 2017 Luke Bisani 10 &

Malawi Government has settled local loans that Agriculture Development and Marketing Corporation (Admarc) obtained to buy maize. An amount of K23 billion is said to have been released from the treasury to pay local commercial… ...