Month: January 2024 Posts

Ministry of Trade warns poultry companies against retail selling of live chickens

Jan 24, 2024 Mike Lyson Zgambo 0 &

The Ministry of Trade and Industry has directed all large live poultry producing companies to stop selling live chickens on retail in all trading centres and markets across. The Ministry has said this in a… ...

State pleads for adjournment in case involving Paramount Holdings

Jan 17, 2024 Malawi24 Reporter 0 &

The case involving Paramount Holdings Limited (PHL) Directors has today been adjourned to a yet to be determined date following a plea by the state through the Director of Public Prosecution (DPP). In a court notice,… ...

Former Malawian tycoon Mike Chilewe hopes to bounce back

Jan 14, 2024 Malawi24 Reporter 0 &

Former Mike’s Trading owner Mike Chilewe who lost his wealth after his company went bankrupt has expressed hope that he will bounce back one day. Chilewe's company Mike’s Trading  Group manufactured products such as steel… ...

Company which closed in 2019 dragged into Yamaha dealership case against Paramount Holdings

Jan 13, 2024 Malawi24 Reporter 0 &

Three companies which obtained an injunction stopping Yamaha Motor Corporation from awarding sole dealership of Yamaha to Paramount Holdings included Stansfield Motors Limited as one of the respondents even though Stansfield was closed in 2019… ...

Paramount Holdings Loses Yamaha Sole Distributor Deal As Court Puts Spanners

Jan 12, 2024 Malawi24 Reporter 0 &

The High Court of Malawi has granted an order of Injunction against a Japan outfit, Yamaha Motor Company Limited and a foreign-owned firm registered in Malawi, Paramount Holdings Limited, over Yamaha dealership in Malawi. The… ...

Paramount Holdings certified as importer and seller of Yamaha products in Malawi

Jan 01, 2024 Malawi24 Reporter 0 &

Japanese leading automobile manufacturer Yamaha Motors company has certified Paramount Holdings Limited (PHL) as a sole importer and seller of Yamaha products for Malawi. A letter of authorization between Yahama and PHL signed by Ryuji… ...

Balaka Youths trained in soap making

Dec 25, 2023 Macdonald Kaleso 0 &

In an effort to inculcate and promote a culture of entrepreneurship among the youths, a Balaka based non-governmental organization, Better Standard Living Development Initiative (BSLDI) has embarked on an initiative that is highly anticipated to… ...