Vale set to meet coal transportation target

  Brazilian firm Vale Logistics says over nine million tonnes of coal has been ferried through the Nacala Corridor, representing 82 percent of their budget for this year. In his remarks at the Fifth Joint Stakeholders Progress Meeting of Nacala Corridor in Blantyre on Friday, Vale Logistics administration supervisor Oscar Kanjala said the nine million…

Minet acquires Aon Plc SSA operations

Minet Malawi, formerly Aon Malawi, on Tuesday launched its risk, reinsurance and human resource operations following the acquisition of Aon Plc operations across several sub-Saharan Africa (SSA) countries. As a result of the acquisition, Aon shareholding in several countries, including Malawi, was transferred to Capitalworks and the new group will trade as Minet, which will…

Cear in fire simulation exercise

Central East African Railways (Cear) on Thursday conducted a fire simulation exercise in Lirangwe, Blantyre to test their emergency system and response time of service departments such as the fire department, the Malawi Police Service (MPS), medical services and the community. Malawi Red Cross Society (MRCS) was the first to respond after 20 minutes, the police arrived…

Non-compliant lodges,  hotels risk closure

  Hotels and lodges operating along the lakeshore risk closure if they do not conform with requirements stipulated in the Environmental Management Act of 1996. The Environmental Affairs Department under the Ministry of Natural Resources, Energy and Mining is conducting inspections in collaboration with the Department of Tourism and National Water Resources Authority. The development…

Steercor supports NPL Mother’s Fun Run

  Steercor, manufacturers of corrugated roofing sheets, on Wednesday donated various medical equipment’s worth K670 000 towards this year’s Nation Publication Limited (NPL) Mother’s Fun Run to take place in Blantyre on October 7 2017. The equipment includes five stethoscopes, three glucose monitors, three fire inspection torches with batteries, five blood pressure monitor units, one…

Rab processors donates towards NPL Mother’s Fun Run

Rab Processors Limited yesterday donated 250 hampers worth K300 000 to this year’s Nation Publications Limited (NPL) Mother’s Fun Run scheduled for October 7 2017. The hampers represent a 50 percent increase from the company’s previous donation towards the initiative. In his remarks, Rab Processors sales and distribution manager Douglas Mandala said the company supports…

Substandard products choking SME’s export—MBS

The Malawi Bureau of Standards (MBS) has expressed concern over substandard products that small and medium enterprises (SMEs) are producing, a development that is stagnating Malawi’s export base. MBS director of quality assurance services Steve Kamuloni made the remarks during the industry awareness seminar on the development of a robust standardisation, quality assurance, accreditation and…

RFA, MRA explains  road use charge

  The Road Fund Administration (RFA) has appealed to all motorists, clearing agents, banks and the public to comply with the road access fee set to roll out on November 1 this year for vehicles with foreign registration numbers. The road access fee was recently approved by the Malawi government and is a road user…

AHLCX eyes Kenya, SA for pigeon peas exports

AHL Commodities Exchange Limited (AHCX)  says they are finalising an export deal with Kenya and South Africa for pigeon peas (Nandolo), following import restriction by the world’s largest market-India. Speaking in an interview with Business News yesterday, AHCX communications manager Thom Khanje said they have found markets in South Africa and Kenya, but they are…

Escom in expansion drive

  The Electricity Supply Corporation of Malawi (Escom) has embarked on an expansion drive to increase access to electricity by clearing the connection backlog requiring meters only. The initiative, which is one of the key components of Escom’s new strategic plan, involves the procurement of 50 000 meters at K3.5 billion in the first phase,…

PressCane upgrades  plant, output up 50%

  PressCane Limited, a subsidiary of the dual-listed conglomerate Press Corporation Limited (PCL), has increased daily ethanol production by 50 percent from 60 000 litres to 90 000 litres following plant upgrade. The K2.8 billion plant upgrade project at Chikwawa, which rolled out in January this year, included the addition of two fermenters and other…