business Archives

State pleads for adjournment in Paramount Holdings summon case

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,… ...

Mike Chilewe used to own Mike's Trading Limited

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 in Yamaha dealership case against Paramount Holdings

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 The Yamaha Sole Distributor Deal As Court Puts Spanners

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… ...

Segun Ogunsanya, Group Chief Executive, Airtel Africa

Airtel Africa reaches 150 million customers

Dec 21, 2023 Macmillan Mhone 0 &

Airtel Africa has registered its 150 millionth customer, a milestone which the company says underscores its commitment to enriching the lives of its customers through provision of access to digital and mobile money services. According… ...