Nocma suspends financial accountant, 3 others for alleged indiscipline

State-owned National Oil Company of Malawi (Nocma) has suspended financial accountant Mabvuto Ndalahoma and three other employees for alleged indiscipline, the deputy chief executive officer  Helen Buluma said in a notice she signed. Other suspended employees include human resources and administration officer Margret Sakala, communications officer Telephonia Chigwenembe and personal assistant in the office of the […]

Mera stops Nocma from awarding  dodgy fuel contracts: Re-tender bids, restart process

State-owned National Oil Company of Malawi (Nocma) recently courted controversy for awarding fuel supply contract to Tanzanian-based Lake Oil Company  and IPG  of Kuwait without proper procedure and its  application to Malawi Energy Regulatory Authority (Mera) to allow it award  contracts to two  fuel suppliers from 23 bidders has been rejected. The Lake Oil company […]

Why Buluma will not be fired  as HRDC urges ACB to probe Nocma’s K45 billion fuel loss

Despite her ‘personal liaisons’ with National Oil Company of Malawi (NOCMA) acting Chief Executive Officer Helen Buluma, Minister of Foreign Affairs Eisenhower Mkaka has said  he cannot go against President Lazarus Chakwera  instructions to “address the anomaly” of appointing Buluma as acting CEO and it has  been releaved that she will not be sacked because she gave a […]

Mkaka shielding Buluma as Nocma staff protests against acting CEO

There is drama over the post of  acting chief executive officer (CEO) for State-owned National Oil Company of Malawi (Nocma) Hellen Buluma  as days after President Lazarus Chakwera  instructed Secretary to the President and Cabinet (SPC) ZangaZanga Chikhosi  to “address the anomaly” of appointing deputy CEO Buluma as acting CEO,  Minister of Foreign Affairs  Eisenhower […]

Parliamentary committee wants Nocma to be importing more fuel for Malawi

The Parliamentary Committee on Natural Resources and Climate Change says the government-owned National Oil Company of Malawi (Nocma) should have a lion’s share in fuel importation. The committee’s chairperson Welani Chilenga said this on Friday in Lilongwe when they toured strategic fuel reserves to appreciate Nocma’s readiness to start transporting fuel through rail from Nacala […]

Police detain Nocma boss Dulla: Muhara implicated, faces arrest

State-owned National Oil Company of Malawi (Nocma)  chief executive officer Gift Dulla has been arrested on allegations of abuse of office, police have confirmed. National Police spokesperson James Kadadzera has confirmed that Dulla was arrested Friday but could not give more details. However, police sources indicate that they are also looking for  former Chief Secretary […]

ACB to investigate Nocma, Escom, Mera K5bn scam after HRDC whistleblowing initiative

Human Rights Defenders Coalition (HRDC) says it has busted a scam costing tax-payers about K5 billion involving three parastatals: Malawi Energy Regulatory Authority (Mera), Electricity Supply Commission of Malalwi (Escom) and National Oil Company of Malawi (Nocma). HRDC, through its Whistleblower Initiative, has since reported the matter to Anti-Corruption Bureau (ACB) and wants a quick […]

Nocma assists Lilongwe University to become Covid-19 testing centre

National Oil Company of Malawi Limited (Nocma) has donated K10 million for Lilongwe University of Agriculture and Natural Resources (Luanar) campus to become a full coronavirus (Covid-19) testing centre. The donation follows inspection of the centre by the Covid-19 response team which assessed its needs for it to become fully reliable in the fight against […]

Nocma to increase strategic fuel reserves

The National Oil Company of Malawi (Nocma) Limited has revealed plans to construct additional 10 million litres of fuel reserve at its Kanengo Depot in Lilongwe. Nocam deputy chief executive officer, Hellen Mbuluma was addressing the Parliamentary committee on Commissions, Statutory Corporations and Estate Enterprises after touring fuel reserves at Matindi in Blantyre. Mbuluma said […]

MCP says fuel importing should be role of private sector not govt’s Nocma

Malawi Congress Party (MCP) spokesperson on finance, Collins Kajawa, has proposed that government should review National Oil Company of Malawi (Nocma) role of importing fuel in the country. Kajawa made the suggestion on Tuesday in his response to the 2019/2020 national budget which Finance Minister Joseph Mwanamvekha presented in Parliament. He said there should be […]

Mutharika appoints another  DPP cadre in top govt position

President Peter Mutharika has appointed a confessed ruling Democratic Progressive Party (DPP) cadre as deputy chief executive officer for the National Oil Company of Malawi (Nocma). This comes barely days after the appointment of Gerald Viola as deputy chief executive officer for the National Reserve Agency (NFRA). The appointment of Helen Buluma as the deputy […]

Minister directs National Oil Company to build more fuel tanks

Minister of Natural Resources, Energy and Mining, Binton Kutsaira has directed National Oil Company of Malawi (NOCMA) to construct additional fuel tanks to cater for the growing fuel demand. He issued the directive when he toured NOCMA’s fuel depot at Matindi in Blantyre, saying unlike in the past, the consumption of fuel has currently increased […]

Transporters, Nocma at loggerheads over contracts: Ninkawa threatens job loses

Association of Professional Drivers is accusing the State-owned National Oil Company of Malawi (Nocma) of sidelining local transporters in preference for foreign transporters. The chairman of the association Leonard Sitima said the association members will take drastic action against NOCMA over the issue. “If you go and check now, you will find that only foreign […]

Goodall says unaware of Botolo’s Treasury ‘removal’ and Nocma bailout

Minister of Finance, Economic Planning and Development Goodall Gondwe  has expressed ignorance on the reasons why Secretary to the Treasury Ben Botolo has been transferred  and that he was not aware that government is  preparing  a whopping K50 billion bail-out package for financial troubled National Oil Company of Malawi (Nocma), a government-owned company. Botolo has been […]

Malawi gives National Oil Company K50bn bail out: Botolo removed at Treasury ‘for refusing to play ball’

Ministry of Finance has lined up a whopping K50 billion bail-out package for financial troubled National Oil Company of Malawi (Nocma), a government-owned company, and the issue has cost Secretary to the Treasury Ben Botolo his job, Nyasa Times can exclusively reveal. As first reported by Nyasa Times on Monday evening, Botolo has been replaced […]

Mutharika urges Malawians not to mismanage strategic fuel reserves

President Professor Peter Mutharika has urged Malawians and officials managing the Strategic Fuel Reserves in the country not to mismanage the use of the reserves. Mutharika made the remarks in Lilongwe Wednesday during the commissioning of the National Strategic Fuel Reserves at National Oil Company (NOCMA) Lilongwe depot. The strategic fuel reserves have been constructed […]

National Oil Company of Malawi to inaugurate strategic fuel reserves

Government through the National Oil Company of Malawi (NOCMA) will on Wednesday December 6, 2017, inaugurate the Strategic Fuel Reserves at Kanengo in Lilongwe. NOCMA Public Relations Officer, Telephorus Chigwenembe said  the reserves have a combined storage capacity of 60 million litres, giving Malawi a two month fuel cover. He said that Lilongwe and Blantyre depots […]