Fiber Optic Backbone Project: Huawei Starts Mounting Fiber Cables…Four Districts Already Covered

Fiber Optic Backbone Project: Huawei Starts Mounting Fiber Cables…Four Districts Already Covered

Huawei Technologies, a company implementing the Fiber Optic Backbone Project has started mounting fiber cables on Electricity Supply Corporation of Malawi Limited’s (Escom) poles marking the official take off of the long awaited internet connectivity project. So far, the cables have covered a distance of 45 kilometers connecting four districts of Blantyre, Chiradzulu, Zomba and […]

Nangaunozge Building Contractor Disappoints…Delays Minister’s Programme To Launch 20, 000-Seater Karonga Stadium

Nangaunozge Building Contractor Disappoints…Delays Minister’s Programme To Launch 20, 000-Seater Karonga Stadium

  Plans by Minister of Local Government and Rural Development, Kondwani Nankhumwa to launch the newly constructed stadium in Karonga in August this year have been postponed following the delay in completion of the project. The Ministry’s publicist, Muhlabase Mughogho said the minister was expected to inaugurate the stadium on August 15, but there is […]

APM Meets Mzuzu Vendors-Says Large Loans For Small and Medium Entrepreneurs (SMEs) In The Offing

APM Meets Mzuzu Vendors-Says Large Loans For Small and Medium Entrepreneurs (SMEs) In The Offing

President Arthur Peter Mutharika has emphasized the importance of small and medium entrepreneurs (SMEs) as they contribute significantly in the country’s economic growth and development. The President was speaking Wednesday at Mzuzu State Lodge during an audience with representatives of Mzuzu City vendors. He said government values the contribution small and medium businesses make to […]

New Mzuzu International Airport To Cost MK14.6billion…To Be Done Alongside Chileka International Airport In Blantyre

New Mzuzu International Airport To Cost MK14.6billion…To Be Done Alongside Chileka International Airport In Blantyre

Minister of Transport and Public Works, Jappie Mhango, says the construction of new Mzuzu International Airport will cost 20million dollars (approximately MK14.6 billion). The Mzuzu International Airport Project will be done alongside Chileka International Airport in Blantyre. The Transport Minister’s statement follows the announcement President Arthur Peter Mutharika made on Sunday when he stopped over […]

MRA Collects MK768 billion In 2016-2017 Financial Year, 2017/18 Targets MK918 billion

MRA Collects MK768 billion In 2016-2017 Financial Year, 2017/18 Targets MK918 billion

Malawi Revenue Authority (MRA) says during the fiscal year just ended, the tax collecting body has collected K767.61 billion against a projection of K725.06 billion, registering a surplus of K42.56 billion. MRA Commissioner General, Tom Malata said all tax lines namely Corporate Tax, Pay As You Earn, Withholding Tax, Provisional Tax, Value Added Tax, Import […]

FINCA Launches ‘Nkhawa Njee Promotion’

FINCA Launches ‘Nkhawa Njee Promotion’

FINCA Malawi has launched ‘Nkhawa Njeee Promotion’- targeting its existing and potential clients-aims at rewarding its customers for standing by the institution. In 2015, the Reserve Bank of Malawi (RBM) licensed FINCA Malawi, making the firm expand its operation from a mere credit giving to deposit taking micro finance institution. And according to FINCA Malawi […]

Standard Bank Malawi Fires 10 Branch Managers…Mzuzu, BT, Ginnery Corner, LL, Zomba Managers Inclusive

Standard Bank Malawi Fires 10 Branch Managers…Mzuzu, BT, Ginnery Corner, LL, Zomba Managers Inclusive

Standard Bank Malawi has sacked 10 of its branch managers for failure to meet some prescribed targets on Know Your Customer (KYC) guildelines which are used across the globe where the bank is operating When contacted for comment Standard Bank head of marketing and communications Thoko Unyolo confirmed the development.Insiders said the bank has fired managers for some […]

Japan Grants Malawi $17.7million For Domasi College Expansion

Japan Grants Malawi $17.7million For Domasi College Expansion

The Japanese government has provided the Malawi government with ¥1.947 billion (approximately US 17.7 million) to assist in expanding and upgrading of the Domasi College of Education. Speaking during the signing ceremony at the Ministry of Finance headquarters in Lilongwe, Hirotsuku Ikeda, who is Charge d’Affaires ad Interim of Japan to Malawi, said the grant […]

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