Admarc Archives

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… ...