business Archives

Repair of burst pipe at Nkula to take 10 days

Dec 22, 2020 Lindiwe Sambalikagwa 1 &

Electricity Generation Company (EGENCO) says it will take the company 10 days to repair the burst pipe at Nkula B Power Station. The company said this on Tuesday when Minister of Energy Newton Kambala visited… ...

EGENCO shuts down Nkula B

Dec 22, 2020 Lindiwe Sambalikagwa 0 &

Electricity Generation Company (EGENCO) has shut down Nkula B power station, leading to power cuts across the country. According to EGENCO, the shutdown has been caused by a burst pipe on a machine at the… ...

Four traders arrested over fake maize seeds

Dec 21, 2020 Mike Lyson Zgambo 0 &

Police in Chitipa have arrested four shop owners for being found in possession of counterfeit maize seeds in the district. According to Chitipa Police station spokesperson Gladwell Simwaka, the four have been identified as Morgan… ...

Standard Bank announces Madinga as new CEO

Dec 21, 2020 Lindiwe Sambalikagwa 0 &

Standard Bank has announced the appointment of Phillip Madinga as the bank’s new Chief Executive Officer. Madinga’s appointment is with effect from 1 January, 2021, according to a statement signed by board chairperson Ngeyi Ruth… ...

Minibus owners association hands over waiting shelter to Mponela Police

Dec 19, 2020 Daniel Sapuli 0 &

Minibus Owners Association of Malawi (MOAM) Mponela Chapter on Saturday handed over a waiting shelter which has been constructed to assist people seeking police services at Mponela police station. Speaking during the handing over ceremony… ...

Malawi fuel prices up

Dec 16, 2020 Lindiwe Sambalikagwa 0 &

The Malawi Energy Regulatory Authority (MERA) has announced a hike in prices of fuel. Petrol which was at K690.50 will now be sold at K834.60 representing a 20.87 percent hike while diesel has been increased… ...

Ministry of Trade gazettes Small and Medium Enterprises Order

Dec 16, 2020 Mike Kalumbi 0 &

The Ministry of Trade has gazetted the Small and Medium Enterprises (SMEs) Order that enables enterprises of such nature to have reserved space to supply goods and services to the government and its agencies. The… ...