Aubrey Mchulu, Author at The Nation Online - Page 2 of 12 The Nation Online

  Insurance penetration rate in the country remains one of the lowest in the world at 1.4 percent of the population, if figures from the Reserve Bank of Malawi (RBM) are anything to go by. During the 2017 Insurance Institute of Malawi (IIM) Annual Lake Conference in Mangochi, RBM Governor Dalitso Kabambe challenged insurers to…

  Effective September 1 the Medical Aid Society of Malawi (Masm), the country’s dominant provider of health insurance, has raised its monthly premium (subscriptions fees) by 25 percent. Following the hike, Masm members on Very Important Persons (VIP)  members contribution has gone up from K16 800 to K21 000, Executive scheme K9 000 to K11…

  Not long ago, Reserve Bank of Malawi (RBM) Governor Dalitso Kabambe, in his capacity as registrar of financial services, challenged players in the insurance industry to think outside the box to grow business and ensure that more people access their services. That was during the 2017 Insurance Institute of Malawi (IIM) Annual Lake Conference…

I am yet to get convinced on the justification for the Ministry of Information and Communications Technology to suspend the registration of subscriber identification module (SIM) cards and generic numbers with the regulator through network operators. If the explanation Minister of Information and Communications Technology Nicholas Dausi gave in the National Assembly last week in…

  Minister of Finance, Economic Planning and Development Goodall Gondwe is one politician I have always admired for his honesty. He is a down to earth gentleman who when he grants a journalist an interview, the journalist wonders whether he means what he is saying. Put simply, Goodall likes to tell it as it is.…

  Desperate measures demand desperate solutions. That is the situation Malawi has found itself in as power generation has gone to some of the lowest levels in the country’s history. From the explanation of Electricity Generation Company (Egenco) chief executive officer William Liabunya, within a space of one week, electricity generation at some point dropped…

  Before the arrival of mobile phone technology in the country in the mid-1990s, Malawi Telecommunications Limited (MTL)-then under Malawi Posts and Telecommunications Corporation (MPTC) or simply ‘Post Office’-meant communication. No one would communicate to someone at a distant place without ‘Post Office’. Pay phone, using the then valuable tambala coins were planted in most…

  Inflation is one of the most economic terms widely used in the media, public discussions and political speeches. Politicians, both on the opposition and the governing sides, use inflation rate to advance their agenda, especially economic management. High inflation rate is fodder for the opposition who use it to stress that the government is…

Recently, two separate news stories relating to the telecommunications sector caught my eye. First was on concerns raised by some legislators regarding poor network signal and interference by foreign operators, especially in border districts. Second was a story in Business News section of The Nation on December 13 2017 under the headline ‘Players ask Macra…

It is four days into the New Year 2018. Today, I rerun, albeit with some modifications, an article I did in early 2017. To many people, the New Year comes with resolutions and goals to improve their situation or plight. To achieve their goals, some invest in further education, others in property development as well…

  This week, two separate stories relating to the telecommunications sector caught my eye. The first was on concerns raised by some legislators regarding poor network signal and interference by foreign operators, especially in border districts. Second was a story in Business News section of The Nation on December 13 2017 under the headline ‘Players…

  How time flies! We are in December, the 12th month in the calendar year. Not so long ago we celebrated the dawn of the New Year 2017 on January 1. With each New Year come plans and resolutions individuals and corporate bodies set to achieve. Many people set targets to achieve in both their…

  Today, we bid goodbye to the month of November 2017 and tomorrow we go into December—the last month of 2017. December is usually an exciting month mostly because of Christmas Day on December 25, the day when Christians worldwide celebrate the birth of Jesus Christ, their Lord and Saviour. To add spice to the…

  During consultations by the now dissolved Public Service Reforms chaired by Vice-President Saulos Chilima, one area of concern was the performance of State enterprises or parastatals. Whereas some State enterprises are performing well and, at the end of the year, give dividends to their shareholder, the Malawi Government, many others have remained perennial sick…

In one recent article I discussed why some statutory corporations (SCs) or parastatals or indeed, in short, State enterprises continue to make losses year-in and year-out, in the process burdening the taxpayer to bail them out. I argued that it was ironic that State enterprises make losses in sectors where they do not have competition…

  Desperate measures demand desperate solutions. That is the situation Malawi has found itself in as power generation has gone to some of the lowest levels in the country’s history. From the explanation of Electricity Generation Company (Egenco) chief executive officer William Liabunya, within a week, electricity generation has dropped from 180 megawatts (MW) to…

  Businesses and their customers have a symbiotic relationship. They depend on each other. Businesses provide goods and services to customers whereas customers pay for the same and keep the businesses in business. In the competitive business environment, businesses scramble for the available customers. In other words, customers keep businesses going. Perhaps this is the…

From the 2017 Insurance Institute of Malawi (IIM) Annual Lake Conference came a gloomy headline: ‘Malawi still underinsured, penetration at 1.4 percent-RBM’. The story was based on concerns or sentiments expressed by Reserve Bank of Malawi (RBM) Governor Dalitso Kabambe in his keynote address. In actual figures, the RBM Governor, who is the registrar of…

If you ask electricity users in Malawi when last they had uninterrupted supply of power from the national grid through Electricity Supply Corporation of Malawi (Escom), a majority of them will likely tell you they do not recall. In fact, some of them will tell you that in rare cases where Escom supply goes uninterrupted…

By now, electricity consumers in the country should be accustomed to the power supply cycle. In recent years, it has become predictable that if the country gets ‘above normal rainfall’ hydro-electricity generation machines along the Shire River will be washed away. On the other hand, when the country gets ‘normal rainfall’, the water levels in…