money Archives

Wagwa mtengo ku St. Andrew’s Primary; pano fizi ndi K2.8 miliyoni yokha basi

Jun 27, 2023 Archangel Nzangaya 0 &

…yolembetsera yokha ndi K372,750 Maphunziro ndi chuma kapena chuma ndi maphunziro abwino? Nzothekadi kuchepetsa mlingo wakusiyana pakati pa olemera ndi osawuka? Pomwe inu mukukanika kulipira K5000 kuti mwana wanu adziwe kunena kalenda-kalenda, afabeti ndi mavawelo,… ...

Chief wants council to be given percentage of revenue from Mwanza border

Jun 25, 2023 Russell Kondowe 0 &

Senior Chief Nthache of Mwanza says government should consider giving Mwanza District Council a small percentage of revenue collected at Mwanza Border Post for the council to facilitate developmental activities at district level. The chief… ...

K10 billion externalised from Malawi every month

Jun 22, 2023 Mwayi Mkandawire 0 &

Malawi loses US$10 million (about K10 billion) worth of forex every month through cartels that involve senior government officials, banks, police and businesspersons. This is according to a published report by The Investigator Magazine. The… ...

Almost a year after quitting the UTM, revelations are now rife that politician Frank Mwenifumbo—who after being in the Democratic Progressive Party (DPP) returned to Alliance for Democracy (Aford)—is forming his own National Democratic Party whose funding is allegedly said to be sourced from South Africa.

NRWB cancels plan to spend K13m on CEO shortlisting exercise

Jun 21, 2023 Mwayi Mkandawire 0 &

Northern Region Water Board (NRWB) has cancelled a scheduled meeting in Nkhata-Bay where the board was expected to spend K13 million on board members involved in shortlisting candidates for the position of Chief Executive Officer.… ...

FMB Capital Holdings post K62 billion profit

Jun 21, 2023 Archangel Nzangaya 0 &

FMB Capital Holdings Plc which operates First Capital Bank, has made USD61.2 million (about K62 billion) profit after tax, a 51 percent increase from the last year's profit. This was disclosed on Monday 19th June,… ...

Malawi secures over K2 trillion from AfreximBank

Jun 20, 2023 Malawi News Agency (MANA) 0 &

Malawi Government has secured US$2.6 billion (about K2.7 trillion) from the AfreximBank to finance construction of mega farms, industrial parks and special economic zones. President Lazarus Chakwera witnessed the signing of the Memorandum of Understanding… ...

Former teacher arrested over K4m fraud in Chiradzulu

Jun 12, 2023 Andrew Salima 0 &

The Anti-Corruption Bureau (ACB) have arrested a former teacher at Nguludi Girls Primary School in Chiradzulu on allegations that she was drawing salaries as a teacher despite abandoning the profession to study nursing. ACB principal… ...