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.

TNM Cape Maclear Triathlon returns to the shores of Lake Malawi

TNM Medal Winner
TNM Presenting a Medal to one of the Winners

Blantyre: July 21, 2016— Malawi’s premier mobile and ICT service provider, TNM has sponsored the TNM Cape Maclear Triathlon, a sporting event at the shores of Lake Malawi to the tune of K11 million.

Announcing the sponsorship, TNM’s Chief Commercial Officer said as a Malawian company, TNM felt duty bound to be part of the ground breaking sporting event that seeks not only to uplift the lives of the less privileged in society by also to market the country to the outside world. Continue reading TNM Cape Maclear Triathlon returns to the shores of Lake Malawi

TNM launches customer care centre facilities

TNM
TNM Mobile Opens Customer Call Center

Blantyre, July 16, 2016—In a bid to ensure effective communication between institutions and their clientele, premier mobile network service and ICT provider TNM proudly launches Customer Care Centre (CCC) solutions..

The Triple C facilities that is offered through the TNM Business Services (TBS) Division entail TNM using integrated mobile and broadband communication technology to power up communication centres, and help organisations become more efficient in processing customer information, inquiries and feedback. Continue reading TNM launches customer care centre facilities

MRA implores customers to demand receipts to monitor VAT compliance from registered Shop Owners

MRA
Malawi Revenue Authority (MRA)

Blantyre, July 16: The Malawi Revenue Authority (MRA) Friday called on Malawians to demand Electronic Fiscal Device (EFD) receipts whenever they buy products from all registered Value Added Tax (VAT) operator shops.

The MRA said this would enhance VAT compliance and ensure maximum revenue collection for the development of the country. Continue reading MRA implores customers to demand receipts to monitor VAT compliance from registered Shop Owners

Despite Slow and unreliable broadband, Malawi to launch web-based Trade Portal

Joseph-Mwanamvekha
Minister of Industry, Trade and Tourism Joseph Mwanamvekha

Minister of Industry, Trade and Tourism Joseph Mwanamvekha earlier today officially launch the Malawi Trade Portal in Blantyre with much Fanfare.

The Trade Portal, which is a one-stop website for trade-related regulatory information for import, export and transit trade, complements World Trade Organization (WTO) Agreement on Trade Facilitation, to which Malawi is a signatory, which obliges governments to be transparent and facilitate information to businesses. Continue reading Despite Slow and unreliable broadband, Malawi to launch web-based Trade Portal

Petroleum Importers Limited donates MK2.5m medical equipment to Malawi’s Kamboni Health Centre in Kasungu

Kadango handing over the medical equipment
Kadango handing over the medical equipment

KASUNGU-(Maravi Post)—Quality health services delivery at Kamboni Health Centre in central district of Kasungu is expected to improve following the medical equipment donation made by Petroleum Importation Limited (PIL). The medical equipment donation worthy MK2.5million includes digital blood pressure machines (two), digital thermometers (five), mattress (six), oxygen concentrator, wheel chair, standard hospital bed, scale, salbutamol nebulizer and ultrasound gel. Continue reading Petroleum Importers Limited donates MK2.5m medical equipment to Malawi’s Kamboni Health Centre in Kasungu

Standard Bank innovation empowers customers with single biometric and cross border banking accessibility

Andrew Mashanda
Standard Bank Chief Executive Officer Andrew Mashanda

Johannesburg, 10 July 2016–Africa’s largest bank by assets, Standard Bank, has seen its mobile traffic growing 100% a year as customers embrace more convenient and efficient solutions for their banking needs. During 2015, 825 million financial transactions worth R430 billion were processed through the banking app. As a consequence of this, branch transactional volumes have declined and ATM and branch transactions now make up less than 5% of total banking transactions. Continue reading Standard Bank innovation empowers customers with single biometric and cross border banking accessibility

92 tobacco farmers rewarded in Mlimi Alirenji promo

Galaxy FM reporter Dickson Gondwe conducting a draw while Kazima (R) looks on
Galaxy FM reporter Dickson Gondwe conducting a draw while Kazima (R) looks on

Standard Bank has rewarded 92 tobacco farmers in the fifth draw of its ongoing Mlimi Alirenji promotion.

Launched in April 2016, the promotion aims at rewarding tobacco farmers with competitive rates on their dollars, while giving them an opportunity to win farm inputs and tools to support their next season’s production.

Speaking during the fifth draw of the promotion, Standard Bank’s Head of Sales (Global Markets) Gray Kazima said the bank is overwhelmed with the response from farmers since the launch of the promotion.

“We are encouraged by the interest that the tobacco growers are showing in Mlimi Alirenji Promotion. This proves that indeed Mlimi Alirenji Promotion is the solution to the issue of farmer income from tobacco, as it is only through Standard Bank that farmers are able to get more Kwachas for every tobacco dollar processed through Standard Bank,” said Kazima.

Kazima said the prizes being splashed out are designed to support tobacco production thereby helping farmers to deal with high rejection rate at the market.

“Through Mlimi Alirenji Standard Bank is committed to pay more Kwacha for all tobacco dollars processed through the bank. We therefore expect tobacco growers to take advantage of the remaining three draws to deposit their proceeds with Standard Bank to earn more at the same standing a chance to win the prizes including the grand prize of brand new tractor,” said Kazima

The grand prize for Mlimi Alirenji promotion is a brand new tractor valued at K16 million. Other prizes that are being won every fortnight are baling jacks, hessian sacks, and solar power banks for charging phones, t-shirts and caps.

To date a total of 460 tobacco farmers have won various prizes aimed to support their tobacco production.

 

 

 

 

MAFECO calls for swift cooperatives policy review

Cavas cooperatives from Mtakataka Dedza district shocasing their products on IDC
Cavas cooperatives from Mtakataka Dedza district shocasing their products on IDC

LILONGWE-(MaraviPost)-The newly established Malawi Federation of Cooperatives (Mafeco) Limited is calling for the quick review of the country’s Cooperatives Development Policy in a bid to incorporate current economic attributes including financial institutions among others. Continue reading MAFECO calls for swift cooperatives policy review

RECAPO: Providing Solar Energy to rural Malawi while others are just talking

RECAPO
Recapo Solar Energy Equipment

HOUSTON, (MaraviPost): While many have been talking and making promises amidst ESCOM outages and prohibitive charges, a small and innovative company has been providing Solar Energy to Malawians since 2014.

RECAPO SOLAR has been the leading supplier of electricity to rural and semi-urban communities in Malawi. Continue reading RECAPO: Providing Solar Energy to rural Malawi while others are just talking