Press Trust Archives

Malawi Parliament passes Press Trust Reconstruction Bill

Apr 05, 2023 Mike Kalumbi 0 &

Parliament yesterday passed Press Trust Reconstruction (Amendment) bill which reduces the percentage of profits the trust uses for social projects from 66 percent to 50 percent. The new bill also enhances the penalty for contravention… ...

Minister Gwengwe appointed as trustee of Press Trust

Aug 31, 2020 Malawi24 Reporter 1 &

Minister of Trade Sosten Gwengwe has been appointed as a trustee of Press Trust which is the majority owner of Press Corporation, raising concerns that it is part of a process to hand the company… ...

Press Trust constructs K25m police unit

Feb 23, 2018 Archangel Nzangaya 22 &

Chapima Heights in Blantyre will now have police presence following construction of a police unit by Press Trust. Briefing stakeholders after inspection of the completed standard police unit building project Wednesday morning, Press Trust Projects… ...

Panama papers: Press Trust among 46 Malawi businesses in off-shore tax haven

May 17, 2016 Collins Mtika 5 &

...Reserve Bank defends 'tax dodgers' ...“We don’t pay tax to Malawi” says Press Trust The Reserve Bank of Malawi has disclosed that it duly approved Press Trust Overseas Limited, a subsidiary of Press Trust, to… ...