Malawi Congress Party (MCP) Lilongwe Mpenu legislator Eisenhower Mkaka is scheduled to wind up his motion this Thursday asking Ministry of Finance to explain to Parliament the disposal of the then wholly State-owned Malawi Savings Bank (MSB) and progress towards recovering K6 billion toxic loans extended to some individuals and companies. Mkaka moved the motion […]
Malawi Agricultural and Industrial Investment Corporation (Maiic) activities have finally been operationalised at function which took place at Bingu International Conference Centre. Maiic chief executive officer Taziona Chaponda said during the event that robust private sector is vital for the development of any country. He said the institution, operating under a Public Private Partnership (PPP) model, […]
Malawi Agricultural and Industrial Investment Corporation (Maiic), a development finance institution under a public private partnership (PPP) arrangement, has hired hired Taziona Chaponda, a development economist, to be its chief executive officer (CEO). Taziona or Taz is son to for minister of agriculture Geogre Chaponda , a ruling Democratic Progressive Party ( DPP) executive member. […]
A government initiated but private sector led development finance entity, the Malawi Agricultural and Industrial Corporation Plc (MAIC), was launched to the media on Wednesday that will empower agro-businesses and industrial companies to acquire finance assistance, management skills and training as as loans. It will not be a bank per se but will be a […]