Category Archives: Business

The Maravi Post is a leading source for reliable Business news and analysis on Business. Top African Business like  Dangote  Group in Nigeria, Mulli Brothers in Malawi

The 10 Greatest Living Business Leaders In Africa Today
  • Sheikh Mohammed Al-Amoudi, Ethiopian.
  • Raymond Ackerman, South African.
  • Aliko Dangote, Nigerian.
  • Manu Chandaria, Kenyan.
  • Onsi Sawiris, Egyptian.
  • Brian Joffe, South African.
  • Strive Masiyiwa, Zimbabwean.
  • Wale Tinubu, Nigerian.
Business

Chinese business people killing small Mchinji residents’ small scale businesses

Maravi Post correspondent

Battle line has been drawn between the Mchinji residents and Chinese nationals over business operations, Maravi Post can reveal.

This is because the Chinese nationals are also carrying small scale businesses such as that of selling second hand clothes (Kaunjika) which is occupied by the district’s residents, according to our reliable source.

Business operators selling their goods

The development has angered the local business operators who petitioned the district council.

“We are buying our goods such plastic bags and kaunjika from the same Chinese nationals in their shops in Lilongwe. Surprisingly, the same Chinese nationals have flocked here doing the exact business we are doing,” said one of the local business operator..

According to the local business operators, they are now making less profit because of the conduct of the Chinese nationals.

The residents have therefore asked the council to stop the Chinese from operating their businesses in the villages through their petition.

They have also threatened to take a stern action if the grievances are not solved accordingly.

Mchinji district Human Resource Officer Martin Chigumato, while receiving the petition, asked the concerned group to give them more time for consultation with relevant authorities.

The development comes amid cordial relationship between Malawi and the Peoples Republic of China.

Business, Lifestyle, Technology

African Business Women Network dares Malawian women on wealth creation

Lloyd M’bwana
Graça Machel
African Business Women Network (ABWNET), a brain child of Graca Machel Trust has challenged African women

LILONGWE-(MaraviPost)-African Business Women Network (ABWNET), a brain child of Graca Machel Trust has challenged African women, Malawi inclusive to exhaust their energies in creating wealth aimed at lessening unemployment levels.

The network has further asked women to make use of economic opportunities that come along that their communities and families be sustainable and economically independent. Continue reading African Business Women Network dares Malawian women on wealth creation →

Business

Malawi’s economic meltdown: Sugar prices up by 9%

Lloyd M’bwana
Ilova Sugar
Illovo Sugar (Malawi) Limited Hiking prices blaming Inlfation

LILONGWE-(MaraviPost)- Illovo Sugar Malawi Limited has increased prices of sugar by an average of nine percent creating more pressure on the already impoverished Malawians.

According to the new prices, 1kg packet of brown sugar is now selling at about MK715 while that of white sugar is selling at MK699. Continue reading Malawi’s economic meltdown: Sugar prices up by 9% →

Business

MACRA has fined a Private Radio Station US$1250 for breaching Broadcasting licence conditions

Lloyd M’bwana
Kamlepo kalua
Outspoken Malawi Politician Kamlepo kalua

LILONGWE-(MaraviPost)-Malawi Communication Regulatory Authority (Macra) has fined the country’s private owned Zodiak Broadcasting Corporation (ZBS) with US$1250 (MK894,000) for non-compliance with the terms and conditions of its licence and Communication Act. 

Macra confirms the findings published on November 1, 2016 on breach of licence terms and conditions and the Communication Act by ZBS. Continue reading MACRA has fined a Private Radio Station US$1250 for breaching Broadcasting licence conditions →

Business, Technology

Malawians fed up with Escom over continued blackouts despite rainfall resumption

MaraviPost
ESCOM
Power outages is the order of the day in Malawi

LILONGWE-(MaraviPost)-Malawians on  Social Media are blasting the country’s utility body, Electricity Supply Corporation of Malawi (Escom) for the continued blackouts despite torrential rainfall in the country.

Citizens are wondering what other excuses Escom could give for failing to provide reliable electricity to Malawi consumers. Continue reading Malawians fed up with Escom over continued blackouts despite rainfall resumption →

Business, Environment

Mitigating perennial Malawi’s flooding with dykes and weirs

Lloyd M’bwana
Liwonde Dam
Rehabilitating Malawi dam Liwonde Dam

ZOMBA-(MaraviPost)– Malawi is ranked third amongst most vulnerable countries to climate risk as more than 84 percent of its population depend on rain-fed agriculture.

 

The 2010 Malawi State and Environmental and Outlook Report predicted extreme weather patterns including floods, dry spells, hailstorms which the nation recently experienced resulting into food and water crisis. Continue reading Mitigating perennial Malawi’s flooding with dykes and weirs →