CDH Investment Bank gives Ecama K300 000

CDH Investment Bank has donated K300 000 (about $750) to the Economics Association of Malawi (Ecama) as its contribution towards this year’s conference scheduled for this weekend in Mangochi.The conference will be held under the theme, ‘Achieving efficiency in the economy: the role of public sector.’ In the picture, CDH Investment Bank deputy chief executive…

FMB donates to Ecama

FMB made a K400 000 contribution towards the Economics Association of Malawi (Ecama) annual conference scheduled for this weekend in Mangochi. FMB said it believes the conference will be a platform for many organisations that have an impact on the country’s economy to discuss how Malawi can stabilise the current economic crisis. In the picture,…

SAA defends airfares

South African Airways (SAA) has defended its air fares, arguing that the airline’s pricing decisions take into account production costs, among other things. This follows a cry from travellers who recently, argued that the airline is taking advantage of the market as it is now a single player plying the Malawi-Johannesburg route. Economic Empowerment Action…

Chisomo Children’s Club held an eight-day workshop in International Competence Development Programme (ICDP) in Blantyre. Chisomo Children’s Club child protection officer Louis Malajira said in an interview that ICDP focuses on psychosocial care for children. “We want to build their capacity on how best they can care for children,” he said. The training drew participants…

Business people decry high air fares

Businesses have bemoaned the exorbitant air fares that South African Airways (SAA) as the sole player plying on the Malawi-Johannesburg route is charging. Economic Empowerment Action Group (EEAG) president Lewis Chiwalo described this as a rip off on the travellers, most of whom are businesspeople, arguing that with such high fares things on the local…

Ecam engages employers in labour laws

Malawi can achieve rapid economic growth through sound industrial relations and effective collective bargaining, the Employers Consultative Association of Malawi (Ecam) has said. Ecam council member Matthews Mwase, speaking on Friday in Blantyre at the opening of a day-long workshop on labour laws organised by the employers’ organisation, noted that as the country maps its…

FMB donates K28m to safe motherhood project

  Although a significant advance has been made in the fight against infant mortality over the last few years, progress in reducing maternal mortality still has a long way to go. Traditional barriers and lack of motivation among mothers to get medical treatments in health centres has exacerbated the problem. In order to encourage women…

  Malawi Writers Union (Mawu) is set to award legendary Malawian authors later this year, and Dossani Trust contributed K1.2 million (about $3 000) to the cause, on Tuesday. “This amount will be utilised by Mawu to award K100 000 (about $250) each to legendary Malawian authors. Dossani Trust supports Malawian writers and authors and this…

Years of saving for a salon

Interest in hairdressing for Febbie Siyabu, who comes from Njolomole Village, Traditional Authority Chakhumbira in Ntcheu, dates back to her childhood when she used to straighten people’s hair with heated rocks. As she grew up in Blantyre, she started offering hairdressing services at home. She would plait hair and save the proceeds in hope that…

Carlsberg conducts second draw

  Carlsberg Malawi conducted the second draw of the spirits promotion at Shoprite on Friday, where Blantyre-based Kwame Thipa emerged winner of a case of Malawi Gin. Carlsberg Malawi, distributors of Malawi Gin, Malawi Vodka, Powers No1 and Gold label launched the spirits promotion on 28 June, and the grand draw will be held on August 20. In…

  People of Nyanthana Village in Bangula, Traditional Authority (T/A) Mbenje in Nsanje can testify on changed living standards, following a multi-million kwacha irrigation project – Tiyanjane Irrigation Scheme currently underway in their area. However, their biggest challenge according to the scheme’s chairman, Manjolo Banda and the treasurer Maiton Faiti is that of finding better…

Rural areas to access internet services

The introduction of the Television White Spaces (TVWS) project will ensure that rural and underserved areas have access to affordable and reliable broadband connectivity that is poised to close the digital gap in such areas. Deputy Principal Secretary in the Ministry of Information, Harold Perekani ,noted this during the opening of a five-day White Spaces…

Tobacco revenue beats target, now at $315m

Tobacco revenue now stands at $315 million (K108 billion) in the 19 weeks of sales, beating the $300 million (K103 billion) target set by authorities. The proceeds have soared 6.4 percent from last week’s $296 million (K102 billion), according to Auction Holdings Limited (AHL) weekly sales report. The report indicates that the $315 million came…

Nanga, the computer dealer

Ajibu Nanga, 36, started selling computers three years ago under the name A Nanga Computers. He says he just wanted to try out, and he got three laptops from South Africa to start with. “I am a business-minded person. I had friends in the same business who were doing well and I told myself that…

MTA faults shuttle bus tax removal

The Malawi Tourism Association (MTA) says although welcome, the incentive to remove taxes on shuttle buses offered to hoteliers does not really solve the problem of moving tourists from the airports to other places. In the 2013/14 fiscal budget, Finance Minister Ken Lipenga announced the removal of taxes on shuttle buses in an effort to…

Setting trends in shoe manufacturing

Local shoe manufacturer, Trend Setters, is on the quest to become the country’s major shoe making company. After working in various countries, including Italy and having worked as chief designer at Bata Shoe Company where he worked for 17 years between 1969 and 1984, Trend Setter’s managing director Jeff Kaliapa decided to open his company.…

Press Trust hands over K22.1m school blocks

Press Trust, a public trust that assists government on developmental projects in the country, presented two school blocks at Kamwendo Primary School in Liwonde, valued at K22.1 million (about $55 250). With the new blocks, Kamwendo will now have classes up to Standard 8. Previously it only had classes up to Standard Four before such…

‘Neighbour taught me cane furniture production’

For cousins, Shadreck Linyanga and Staff Nahipa from Chimwaza Village, Traditional Authority Mabuka’s area in Mulanje, cane furniture business is a lucrative enterprise. The business dates back to 2012 after Linyanga  had spent two years learning the trade from his neighbour at Soche East in Blantyre. “Our neighbour was making cane furniture and other things. After…

Over K400m mobilised under MSB promo

Over 5 000 special savings accounts were opened with over K400 million mobilised under Malawi Savings Bank (MSB) special savings promotion. MSB marketing and corporate affairs manager, Brenda Chilima indicated that through the promotion, the bank offered its customers a platform not only to save money and gain 12 percent interest on their savings but…