UNAUDITED results for Illovo Sugar Malawi show that its operating profit for the half year to September reflects modest growth over the corresponding period for the previous year, totalling K5.7 billion. This is an increase of 3.6 percent. Illovo said revenues have grown and reflect the company’s ability to take advantage of premium prices currently […]
Private practise lawyer Wapona Kita has disclosed that he will represent concerned citizens to challenge the newly increase fuel prices. Malawi Energy Regulatory Authority (Mera) in a vendor-fashion style saidon Tuesday the pump price of petrol had increased by 31 percent, diesel by 38 percent and paraffin by 10 percent to reflect higher world commodity […]
Malawi President Bingu wa Mutharika is in robust health but holidaying in some undisclosed country, his brother Professor Arthur Peter Mutharika has disclosed. The younger Mutharika, who is also Malawi’s Minister of Foreign Affairs and International Cooperation, was speaking to the media on the line from Brazil where he is reported to be official duties. […]
Despite Malawi now having a great chance of being considered for the Council for East and Central Africa football Associations (Cecafa) 2011 senior challenge cup following Zambia’s withdrawal,Fam says it will be tricky for the Flames to participate with only a few days to go before the showpiece rolls into life. Zambia has been withdrawn […]
Hundreds of traders in the commercial city of Blantyre on Monday turned Blantyre City Council (BCC) civic centre offices into a business showground almost bringing operations to a standstill. The members of the business community had congregated at the civic centre offices in their multitudes to renew their business licenses while others were applying for […]
Malawi President Bingu wa Mutharika is piling pressure on China to save the country’s economy teetering on the brink of collapse after traditional donors rebuffed his zero budget financial plan, a report by African Development Bank (AfDB) has said. But analysts say opening up to China, especially in the private sector, can strangle indigenous business […]
If the construction industry in Malawi has to grow and contribute to the aims and objectives of the Malawi Growth and Development Strategy (MGDS), there was need that the players in the industry ensure high standards and quality, Transport and Public Infrastructure Minister, Sidik Mia has said. He was speaking when he officially opened the […]
Malawi’s Catholic Commission for Justice and Peace (CCJP) has issued a statement ahead of the November sitting of Parliament where it appeals that the House must amend and repeal “archaic laws that Parliament has proceeded to table and pass in spite of loud calls for further consultation on one hand and outright dropping of such […]
It was mission accomplished declared Malawi’s junior welterweight champion Osgood Kayuni when he won a knocked out Zimbabwean Takudzwa Kuchocha in the third round of the 10-round non-title bout t at Motel Paradise in the commercial city of Blantyre last Sunday. “I am so happy that I knocked him out without delay,” Kayuni, 26 well known […]
Sunday afternoon was a historic day for Wycliffe Chimwendo as his latest album ‘Moyo’ fetched about K750,000 through auction during its launch at Comesa Hall in Blantyre. Politicians, business captains, pastors and other patrons competed to get the CD at the highest bid which saw Professor Peter Mutharika, in absentia, getting the 12-track album at […]
Nanzikambe Arts Theatre on Sunday staged the remake of Frogs a play it premiered in 2009, calling for a corrective approach to the current woes facing the nation. The Frogs, a political satire to the current administration throws in an argument that calls for logical thinking to current acute shortage of forex and fuel, political […]
Malawi’s earning from agriculture continues to perform lowly with forex earnings from tea going down by US$2 million. The Tea Association of Malawi Limited says the crop, which is the second foreign exchange earner after tobacco has managed make sales of US$17.1 million (K3 billion) down from US$19.6 million (K3.6 billion) as of August 2011. […]
Ruling Democratic Progressive Party regional governor for the South Noel Masangwi is involved in a K41 million tax evasion at Malawi Revenue Authority (MRA) but officials say he is being shielded by President Bingu wa Mutharika. Local media received an injunction stopping them from publishing the story on two occasions. Some lawyers expressed surprise that […]
Members of Parliament (MPs) converge in the Capital City in Lilongwe this week for the 6th Meeting of the 42nd Session of Parliament to be held at the New Parliament Building from Monday, November 14, 2011. President Bingu wa Mutharika is expected to deliver a State of the Nation Address on the following day, Tuesday, […]
Blantyre City Council (BCC) management is continuing doing business with a contractor who reportedly defrauded it close to K3 million in three weeks, Nyasa Times has learnt. This is despite a recommendation from its internal auditor to terminate the contract with Madson Holdings Limited for breach of contract and mistrust in its dealings. BCC awarded […]
Blantyre Archdiocese of the Catholic Church has lost Fr. Dr. Raymond Likupe who until his death was a lecturer at the Chancellor College in Zomba. “The Catholic Secretariat of the Episcopal Conference of Malawi regrets to announce the death of Fr. Raymond Likupe, a priest of the Archdiocese of Blantyre. Fr. Likupe passed away at […]
Malawi Congress Party (MCP) president John Tembo has said there will be tough competition for the party’s leadership at the convention, disclosing that there are many aspiring candidates who will contest. “There are so many aspirants for the presidency in Malawi Congress Party,” Tembo said in an interview on Zodiak Broadcasting Services Tiuzeni Zoona programme […]
Malawi President Bingu wa Mutharika is on leave and it is my considered opinion that he deserves one. Any employee should go on leave once in a while; more so when things in the workplace are not well and his employers, the voters, are showing increasing disapproval and dissatisfaction. But having said that, I am forced, by the […]