Month: September 2021 Posts

Govt raises price of maize

Sep 24, 2021 Russell Kondowe 0 &

Government has raised the selling price for maize in ADMARC depots from K160 to K205 per kilogramme. Principal Secretary in the Ministry of Agriculture, Erica Maganga, has announced the price adjustment in a letter to… ...

Cartel forcing Admarc to borrow from banks – Chiphiko  

Aug 19, 2021 Russell Kondowe 1 &

Agricultural Development and Marketing Corporation (Admarc) General Manager Rhino Chiphiko says there is a cartel involving officials from various ministries and banks as well as some individuals that benefits when Admarc borrows money from local… ...

Farmers lose patience: Selling maize at MK800 per tin in Nkhatabay

Jul 21, 2021 Thula Chisamba 0 &

The dallying by the Agricultural Development and Marketing Corporation (ADMARC) to start buying farm produce has led to farmers in some parts of Nkhatabay selling maize at very cheap prices. Spot check findings in Nkhatabay… ...

Farmers to hold anti-govt demos: ADMARC yet to pay them

Feb 22, 2021 Thula Chisamba 0 &

Some farmers in the country have hinted of staging massive anti-government demonstrations over failure by the Agriculture Development and Marketing Corporation (ADMARC) to pay them in time. According to the farmers, ADMARC just got their… ...

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… ...