Four senior managers including chief executive officer Mervis Mangulenje have been fired at National Economic Empowerment Fund Limited (Neef) formerly Malawi Enterprise Development Fund (Medf), following a disciplinary hearing prompted by an audit that exposed alleged abuse. An online platform Malawi Talk reported on Friday February 5 2021 that Mangulenje has been summarily dismissed alongside […]
The Industrial Relations Court (IRC) has stopped a disciplinary hearing which the National Economic Empowerment Fund Ltd board (Neef) – formerly Medef – had set for its four top managers on Tuesday. Neef board had summoned its suspended chief executive officer Mervis Mangulenje, Head of Finance Hilarious Nampota, Head of Credit Edwin Visabwe and Head […]
Rights activists, the Human Rights Defenders Coalition (HRDC) has written the Anti-corruption Bureau to investigate former Merdef chief executive officer over dubious loans awards. In the letter, HRDC says it had received allegations that the CEO, Ms. Mervis Mangulenje, awarded a MK60 million loan to her close friend, David Banda, without following procedures. David Banda […]
Minister of Gender, Children and Community Development Mary Navicha has challenged youths in the country to be self reliant by creating their own wealth through entrepreneurship. She made the remarks Wednesday in Lilongwe when she presented symbolic cheques to beneficiaries in the Women and Youth Loans under the Malawi Enterprise Development Fund (MEDF). She said […]
Malawi Enterprise Development Fund (MEDF) has said it was on the right track after reinventing itself into a competitive modern financial institution. In an exclusive interview, MEDF Chief Executive Officer (CEO), Mervis Mangulenje said that after having some difficult years in the past, MEDF has improved its operational strategies. She said that, “Since 2014, MEDF […]
Malawi Communications Regulatory Authority (Macra) Director General Godfrey Itaye and fired board chair Mervis Mangulenje risk being sent to jail for failing to respect a court decision to allow its deputy director general Francis Bisika back to work, Nyasa Times can reveal. Bisika’s contract was terminated under suspicious circumstances just weeks after the board chaired by […]
Malawi Parliament’s Public Appointments Committee on Monday interviewed Rev. Alex Maulana as new board chair for Malawi Communications Regulatory Authority (Macra), in a move to replace Mervis Mangulenje, who has been at the centre of top level corruption at the regulatory body. Rev. Maulana was the first person to be interviewed by the Committee as […]
Following unearthing of maladministration and wrongful enrichment at Malawi Communications and Regulatory Authority (Macra) led by its Director General Godfrey Itaye, he has been on witchhunt on officers in oder to seal the leaks and recommended that his deputy Francis Bisika be fired. Nyasa Times understands that Bisika has been told to clear his decks […]
Malawi Communications and Regulatory Authority (Macra) Board Chair Mavis Mangulenje is at the centre of a dubious deal to supply a generator for Macra Lilongwe office which ended up supplying power to her own residence, Nyasa Times understands. Procurement specialist Joseph Ngalawa initiated the procurement process of a 5KA generator at the pretext of supplying power […]
The Malawi Communications Regulatory Authority (MACRA) says it is in the process of establishing studios and centres of excellence for capacity building in the production of local content for the television industry in the country and abroad. MACRA’s board chairperson Mervis Mangulenje said this on Tuesday in Lilongwe during the opening of a three day […]