Malawi Red Cross Society (MRCS) in conjunction with Press Trust have handed over a Covid-19 Treatment Centre to Mzimba District Council. The treatment centre is situated at Mzimba old hospital. Speaking Tuesday during the handover ceremony MRSC President, Levison Changole, said the centre will not only be used for Covid-19 only but other pandemics which […]
Press Trust has donated two classroom blocks and desks worth K74 million to Pitala Primary School in Traditional Authority Pitala in Mchinji District. Speaking when he handed over the classroom blocks in the district on Sunday, Trustee Symon Msefula said the organisation decided to respond to a plea by people in the area who requested […]
Residents of Chapima Heights in Blantyre have all the reasons to smile as Press Trust has constructed a standard police Unit in the area to provide security. Press Trust Projects Manager, Miss Maliam Mdoko said the unit has been constructed following a request from residents. Press Properties is the one that owns Chapima heights in […]
Press Trust Malawi on Thursday handed over a school worth over K100 million to Neno District to ease challenges faced by the education sector in the district. The organization has constructed the school as one way of promoting education in the district, according to a member of the Board of Trustees for Press Trust, Nancy […]
Press Trust has said it is committed to complementing government efforts in fighting challenges rocking the education sector which frustrate initiatives to promote education standards in schools. The remarks were made Tuesday by Press Trust Trustee, Nancy Tembo when she presided over handover ceremony of K48.2 million School Block project at Chimwemwe Primary School in […]
The Reserve Bank of Malawi (RBM) has disclosed that it duly approved Press Trust Overseas Limited, a subsidiary of Press Trust Corporation, to register in the tax havens of British Virgin Islands, Jersey and Channel Island. Press Trust Corporation is an organization established through an act of parliament and run by political elites and well […]
EDITOR’S NOTE:Panama Papers issue is ‘avoiding tax’ and not evading tax. Evade tax is when you don’t pay tax you owe. Avoiding tax when you use the legal structures to reduce your tax bills. So whilst it may have moral questions, it’s not necessarily illegal. The difference is between breaking the law, and not breaking […]
Press Trust has sought legal opinion on its powers in the hiring of conglomerate Press Corporation Limited (PCL) board and successor group chief executive officer Matthews Chikaonda. Chikaonda is set to retire at the dual-listed conglomerate on December 31 this year after 14 years. There have been press reports that the Democratic Progressive Party (DPP) […]
The long-awaited Mzuzu Flea Market is almost completed and is expected to be opened on July 1, Mzuzu City Council chief executive officer Thomas Chirwa has said. Chirwa told Malawi News Agency (Mana) that they have completed almost everything in terms of renovating and maintaining it, saying they are just remaining with painting. He, however, […]
Children of former president the late Bingu wa Mutharika feel government is all out to persecute them on political grounds by freezing their bank accounts and to have deceased estate Bineth Trust declared public. A source close to the family told Nyasa Times that they feel government wants to squeeze them on the belief that […]
Mzuzu University (Mzuni) students have all the reasons to smile as they have been rescued from the misery of taking their meals while standing in a bare cafeteria or perhaps walking around the campus while others seat under trees following the donation of dining tables by Press Trust and SupaSwift limited. Press Trust and SupaSwift […]