Upsurge In Illegal Fuel Vending Worries MERA

Upsurge In Illegal Fuel Vending Worries MERA

By John Chihana Chitipa, October 14, Mana: The Malawi Energy Regulatory Authority (MERA) has bemoaned the increase in illegal fuel vending in Chitipa District, saying the development is compromising government efforts in revenue collection. Speaking Tuesday during a sensitization meeting with security stakeholders in the district, Senior Licensing Officer for MERA, Tufwane Mwagomba said the […]

Press Corporation plc Gives K3million to Media Council

Press Corporation plc Gives K3million to Media Council

By Mc Donald Chapalapata, a Contributor Conglomerate Press Corporation plc has given K3 million to Media Council of Malawi (MCM) for revamping its secretariat. The money will be used for office logistics and equipment including the in-house printing of accreditation cards for journalists. Presenting the cheque in Blantyre on Wednesday, Press Corporation plc General Counsel […]

World Bank Group Debars Techno Brain Over Gross Fraudulent Practices

World Bank Group Debars Techno Brain Over Gross Fraudulent Practices

WASHINGTON, October 8, 2020 — The World Bank Group today announced the twenty-eight month debarment of Kenya-based Techno Brain (Kenya) Limited (“Techno Brain Kenya”), an IT-services company, and the ten-month debarment of its parent company, United Arab Emirates-based Techno Brain Global FZ-LLC (“Techno Brain UAE”), in connection with collusive and fraudulent practices as part of the […]

CDEDI Pens MRA to Pursue Mapeto DWSM for Alleged Tax Evasion

CDEDI Pens MRA to Pursue Mapeto DWSM for Alleged Tax Evasion

The Centre for Democracy and Economic Development Initiatives (CDEDI) has written the Malawi Revenue Authority (MRA), challenging the revenue collector to go after Faizal Latif of Mapeto DWSM Limited who is alleged to have under-declared duty mid-2019. CDEDI executive director Sylvester Namiwa is accusing MRA of preferential treatment in the tax law enforcement and application […]

Scientists Propagate Tobacco Harm Reduction

Scientists Propagate Tobacco Harm Reduction

Scientists at the 3rd Scientific Summit on Tobacco Harm Reduction, Novel Products, Research and Policy have recommended tobacco harm reduction as a safer alternative to cessation and prevention for those who for various reasons are not able to quit smoking. Tobacco harm reduction is a public health strategy to lower the health risks to individuals […]

SLEEPING ON DUTY!RBM Sacco Collapses Under Dr. Wilson Banda’s Watch!

SLEEPING ON DUTY!RBM Sacco Collapses Under Dr. Wilson Banda’s Watch!

BY Lizzy Mkandawire Shame on the Reserve Bank of Malawi (RBM) Governor Dr. Wilson Banda as this publication can confidently reveal that the RBM’s Savings and Credit Cooperatives (Sacco) has literary collapsed under his watch. Ironically, according to the Financial Cooperatives Act of 2011, RBM is the regulator of all cooperatives in Malawi. Meanwhile, about […]

Illovo Launches K100million ‘Iponyereni kwakuya’ Promotion:Six New Nissan NP200s Up For Grabs

Illovo Launches K100million ‘Iponyereni kwakuya’ Promotion:Six New Nissan NP200s Up For Grabs

Illovo Sugar Malawi has launched a new consumer promotion dubbed ‘Iponyereni kwakuya ndi Illovo’ which will see winners getting various prizes valued at a whopping K100 million. Launching the promotion in Blantyre on Friday, Illovo Sugar Malawi plc Managing Director Lekani Katandula said during the promotion, six lucky winners are expected to go away with […]

TNM Boss Buitelaar Challenges Banks on Digital Transformation: Tell Them To Prepare For Future

TNM Boss Buitelaar Challenges Banks on Digital Transformation: Tell Them To Prepare For Future

By Mc Donald Chapalapata, a Contributor TNM Chief Executive Officer Michiel Buitelaar has challenged banks that they may have to do away with brick and mortar to serve their customers in future because of digital transformation. Presenting a paper on ‘Digital Transformation in consumer industries’ at the 5th Bankers Conference 2020 on Thursday in Blantyre, […]

Airtel Money Partners MRA For Electronic Tax Payment

Airtel Money Partners MRA  For Electronic Tax Payment

Malawi Revenue Authority (MRA) and Airtel Money have announced a partnership that will enable registered taxpayers to pay their taxes, both Domestic and Customs duties, via Airtel Money. MRA Head of Corporate Affairs, Steve Kapoloma said the partnership with Airtel is in line with the Authority’s objective of providing total convenience to taxpayers when it […]