Thursday, May 9, 2024

Business

CDEDI Presses ACB to Investigate SRWB Over $16.3 Million Contract Awarded to Foreign Company

The Centre for Democracy and Economic Development Initiatives (CDEDI) has demanded an investigation into the procurement process that led to the awarding of a contract to Jiangsu Suzhong Construction Group Company Limited/Plem Construction joint venture by the Southern Region...

NBM plc, THINK PINK IN CANCER VIRTUAL WALK THIS SATURDAY

By Mc Donald Chapalapata, a Contributor National Bank of Malawi (NBM) plc has partnered with a cancer awareness and rights organization, Think Pink Malawi to hold this year’s annual breast cancer awareness virtual walk slated for this Saturday. NBM plc Marketing...

NBM PLC DONATES K1.5 MILLION FOR ECAMA CONFERENCE

National Bank of Malawi (NBM) plc Wednesday donated K1.5 million towards this year’s Economics Association of Malawi (ECAMA) annual lake conference slated for November 19-20 this year. Presenting the cheque in Blantyre, NBM plc Service Centre Manager for Henderson Street...

FDH IN BREAST CANCER AWARENESS: EMPLOYEES PUT ON PINK

FDH Financial Holdings Limited group employees led by their youthful Chief Executive Officer William Mpinganjira on Wednesday wore pink attire to lend their support towards the Breast Cancer awareness campaign which is running through the month of October. In his...

NBM, SHOPRITE, PEP CUSTOMERS SET TO WIN IN K4 MILLION PROMOTION

By Mc Donald Chapalapata, a Contributor National Bank of Malawi (NBM) plc has partnered with retail giants Shoprite and PEP stores to run the Go Cashless and Win promotion in which customers will win shopping vouchers worth K4 million if...

CROSS ROADS HOTEL, STATE HOUSE IN CASHGATE: SPENT K65M ON BOGUS ACCOMMODATION

There is a new rubble of a systematic looting of public money right from State House in cohort with Crossroads Hotel in the Capital Lilongwe which has so far seen the tax payer defrauded K65 million in bogus accommodation...

PRESS CORPORATION BAILS OUT MEDIA COUNCIL WITH K3MILLION

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...

EXCLUSIVE: HOW DR. MOLANDE AND FISD LIMITED DEFRAUDED MALAWIAN TAXPAYER

Written by Jack Kaulembe Background In a Mafioso enthused fashion, B Mollande (Former State House Communications Director) aided defrauding the Malawian taxpayer through a construction company called FISD Limited. Under the Project – “Sustainable Rural Water & Sanitation Infrastructure for Improved...

ILLOVO DANGLES K100 MILLION IN NEW PROMOTION

By Our Reporter 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...

TNM CHIEF SAYS BANKS MAY NOT NEED BRANCHES IN 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...
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Latest News

Judiciary invites CDEDI over Illovo’s sugar price injunctions

Judiciary has invited Centre for Democracy and Economic Development Initiatives (Cdedi) to a meeting this morning following its request...
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