Tag Archives: Paramount Holdings Limited (PHL)

Agriculture

“Eagle Nano Urea Liquid Fertiliser a game changer for averting Malawi hunger crisis”-Agriculture Minister Kawale

MaraviPost

BLANTYRE-(MaraviPost)-Minister of Agriculture Sam Dalitso Kawale has urged Malawian farmers to embrace modern farming technologies as a solution to rising fertiliser prices, highlighting the introduction of Eagle Nano Urea Liquid Fertiliser as a game changer for averting hunger in the country.

Speaking at the launch event held at Chichiri Trade Fair Grounds in Blantyre, Kawale described the innovation as a breakthrough in sustainable farming.

“This is not just another fertiliser; it is a leap forward in agricultural technology,” Kawale said. “It can increase maize yields by up to 18 percent, cut input costs, and reduce environmental damage. We must modernise to achieve food security.”

What is Eagle Nano Urea Fertiliser?

Developed by Ray Nano Science & Research Centre and distributed in Malawi by Paramount Holdings Ltd, Eagle Nano Urea is a liquid fertiliser that uses nitrogen particles as small as 20 to 50 nanometers, enabling plants to absorb nutrients more efficiently.

Remarkably, a 500 ml bottle of Eagle Nano Urea can replace a 50 kg bag of conventional granular urea, making it cost-effective and environmentally friendly.

Unlike traditional fertilisers that often leach into the soil and cause degradation, nano urea is sprayed directly onto plant leaves ensuring maximum absorption and min wastage.

Paramount Holdings Managing Director Prakash Ghedia therefore encouraged Malawian farmers to adopt the product, citing its dual benefit of sustainability and affordability.

“Unlike granular fertiliser, this liquid fertiliser is sprayed directly onto plant leaves, avoiding issues of leaching th damage the soil,” Ghedia explained.

Farmers Already Seeing Results

Early trials have shown promising results. Brighton Maonga, a farmer from Lilongwe who participated in pilot tests, testified to the effectiveness of Eagle Nano Urea.

“I used Eagle Nano Urea on one portion of my maize field and traditional fertiliser on another. The maize treated with nano urea grew faster, looked healthier, and at harvest, my yield was about 18 percent higher,” Maonga said.

Why this fertilizer need for Malawi

With Malawi’s agriculture sector heavily reliant on fertiliser imports, rising global fertiliser prices have been a major challenge for smallholder farmers. Eagle Nano Urea offers a sustainable and affordable solution that could transform maize production and strengthen food security.

Experts believe wider adoption of the product could help Malawi reduce its fertiliser import bill, promote sustainable agriculture, and empower smallholder farmers to improve their livelihoods.

Business, Law and order, Malawi

High Court snubs defiant Luthando Holdings application against DPP’s acquittal on Paramount Holdings directors case

MaraviPost

LILONGWE-(MaraviPost)-The High Court seating in the capital Lilongwe on Monday, June 30, 2025 snabbed Luthando Holdings Limited applications against Director of Public Prosecution (DPP)’s March 2024 decision to discharge criminals changes on Paramount Holdings Limited and its directors.

Luthando Holdings owner Hedrix Laner through lawyer Innocent Zimba and others sought Court review against DPP decision to discharge Paramount Holdings and Directors on case number 37 of 2025.

High Court Judge Msika therefore held the review which threw it away arguing that the lower court acquitted the accused persons on any criminals charges.

Judge Msika argued further that there was no any grounds could warrant DPP to rescitate the matter per ruling on Friday, June 27, 2025.

This means Luthando Holdings and its Director Laner have lost all their efforts against legitimate Yamaha sole dealer Paramount Holdings in Malawi.

Judiciary Spokesperson Frank Namangala on Tuesday evening, confirmed the court decision supporting DPP’s acquittal on Paramount Holdings and its Directors.

“The case was discontinued back in 2024, and recently, the court has agreed with the DPP’s position to consider the matter as discontinued.

“Further, the accused persons in the case are deemed to have been properly acquitted”, emphasises Namangale.

Meanwhile, Laher has launched a social media attack on DPP Chamkakala as to why the case was dropped against Paramount Holdings directors.

The embattled Luthando Holdings Limited Director Laner has hired bush lawyers, social media influencers seeking sympathy on the matter.

In a landmark ruling delivered on Friday, June 27, 2025, the court cleared Paramount Holdings directors—Prakash Virji Ghedia, Arvindkumar Atit Patel, and Suresh Khimji Jagatiya—alongside the company, of three criminal charges, including conspiracy to commit a felony and the alleged use of false documents to obtain a government tender.

Significantly, the court issued an order prohibiting the Director of Public Prosecutions (DPP) from pursuing any further charges related to the matter against the individuals or the company.

Airtel Malawi
“The accused persons are hereby acquitted from criminal charges,” reads the court’s ruling in Criminal Case No. 868 of 2023. “The court hereby bars the state from bringing any charges against the accused persons on the same grounds.”

The charges, initially filed in July 2021, were based on a complaint by Hendrix Laher, director of Luthando Holdings Limited—a business competitor. Laher alleged that Paramount Holdings had submitted a forged Yamaha dealership certificate to win a motorcycle supply tender issued by JHPIEGO, an international health NGO.

Court documents reveal that both Paramount and Luthando Holdings had submitted bids to supply Yamaha motorcycles to several entities, including the Ministry of Education, Ministry of Health, Ministry of Local Government, Kamuzu University of Health Sciences, and JHPIEGO.

The tender was awarded to Paramount Holdings on July 7, 2020. Laher subsequently lodged a complaint with the Fiscal and Fraud Section of the Malawi Police Service.

However, the case unraveled when the complainant failed to appear in court on at least three occasions.

This lack of cooperation, coupled with an absence of credible evidence, led the Office of the DPP—first under Dr. Steven Kayuni, then under Masauko Edwin Chamkakala—to discontinue the matter.

A formal certificate of discontinuance was issued on March 19, 2024, under Section 77 of the Criminal Procedure and Evidence Code.

After the statutory six-month period passed, the court officially acquitted the accused and barred the state from reopening the case.

The ruling provides Paramount Holdings and its directors with full legal vindication, enabling them to continue participating in public and donor-funded tenders without restriction or blemish on their record.

In 2022, Yamaha Motor Corporation Japan formally appointed Paramount Holdings as the sole authorized distributor of Yamaha motorcycles and related products in Malawi.

Meanwhile, scrutiny is now turning to Luthando Holdings and its director, Hendrix Laher.

Impeccable sources allege that Laher used the legal system in bad faith to eliminate competition, relying on unofficial channels and political pressure.

“He has consistently used unofficial channels and political connections to harass business rivals, but the truth always comes out,” said a source familiar with the case.

Further concerns have emerged about Luthando Holdings’ unauthorized use of the Yamaha trademark.

The company has reportedly advertised Yamaha-branded products across Malawi—despite lacking any formal authorization from Yamaha Japan. Legal experts have criticized these actions as misleading and potentially fraudulent.

In a related civil case, Luthando Holdings and other companies are challenging Yamaha Japan’s exclusive dealership agreement with Paramount Holdings.

These firms are alleged to have bid for government tenders using documentation from Yamaha agents based in South Africa—raising questions about the legitimacy of such practices under Malawi’s procurement laws.

With its name cleared, Paramount Holdings is now positioned to grow its operations in Malawi with renewed confidence and full legal clarity.

Law and order, Malawi, Opinion

Parley, Luthando should stop pushing DPP Chamkakala to resuscitate failed Paramount Holding’s Yamaha dealership case

Maravi Post Author

By Falles Kamanga

BLANTYRE-(MaraviPost)-On March 19, 2024, the Office of the Director of Public Prosecutions (DPP) withdrew criminal charges, which the office placed on three directors of Paramount Holdings Limited (PHL) and the company itself.

In a court notice addressing PHL directors and company, said the state had no case for them, hence withdrawing.

DPP Masauko Edwin Chamkakala hinted at that time that the state lacked sufficient evidence against PHL directors hence his office discontinued the case.

The development did not go well with Luthando Holdings and its partners who went to town mobilizing social media friends and some civil rights groupings rebuking DPP for the case withdrawal.

In the case, the claimant Hendrix Laher of Luthando Holdings accused Paramount Holdings of using forged documents to supply motorcycles to both public and private institutions which was a misleading claim considering that PHL is legally and sole distributor, and seller of Yamaha products to Malawi.

Luthando Holding has been using South Africa’s Tuning Fork (PTY) Limited illegally to win tenders by supplying Yamaha products in Malawi.

For starters, Japan Yamaha Corporation Limited has a specified list of legal dealers, distributors, importers, and sellers for a particular country. In Malawi, PHL was certified as a legal importer of Yamaha products.

Yamaha Japan in 2022 certified Paramount Holding as its sole official distributor and seller of Yamaha motorcycles and associated products.

According to Japan Yamaha dealership statutes, an agent of a different country cannot be used to supply its product to another country to avoid a monopoly of the business.

This is what Laher of Luthando Holdings has been operating by using South Africa’s Yamaha agent Tuning Fork (PTY) Limited to supply products in Malawi illegally.

Luthando’s business misconduct is against Japan Yamaha Corporation’s order to list legit dealers for its products globally: https://global.yamaha-motor.com/business/omdo/distributor/africa/

Considering all factors in this case: Luthando’s business misconduct by using the wrong agent to win tenders and PHL being legit Yamaha’s products sole distributor, seller, and importer to Malawi, compelled DPP Chamkakala to discontinue the matter in court that the state might be embarrassed at the end.

Knowing that he had lost the legal dealership on Yamaha products to Malawi, Laher continued to push for relevance and connived with Parliamentary Committee on Legal Affairs Chairperson Peter Dimba to resuscitate the case hence summoning DPP Chamkakala.

Luthando even took a court order stopping Yamaha Japan from recognizing PHL as the sole distributor, seller, and importer of its product to Malawi.

How on earth one could stop the owner of the products from recognizing their own trusted business partner or dealer.

Shamelessly, Luthando Holdings used Stansfield Motors’ limited name with a bogus address to obtain an injunction stopping Yamaha Motor Corporation from awarding sole dealership of Yamaha to Paramount Holdings.

This was revealed when different lawyers with default judgments against disbanded Stansfield Motors frocked the High Court to learn about the physical address of Stansfield Motors as presented to the High Court recently.

It was learned that it was the lawyers of Luthando Holdings who filed for the injunction using the bogus address for Stansfield Motors Limited that ceased to exist in 2019.

Despite Laher seeking public sympathy for Yamaha products dealership in Malawi, has failed to produce a legit or legal bidding certificate to back his claims while continues winning tenders by using the wrong South African agent.

In fact, it was PHL that was legal to drag Laher and Luthando to court for using the wrong agent to win public and private tenders on Yamaha products to Malawi.

Therefore, the constitution is very clear of the legal mandate of the DPP office on how criminal cases of the state must be handled.

If the office of the DPP feels any criminal case has no evidence to prove in court, there is no person who can push for resuscitating the matter for legal complications.

Laher, Dimba, and his committee have no legal grounds to push DPP to continue the case when it failed to commerce several times in court.

Do Luthando, and Dimba have evidence, and resources to resuscitate the matter and win the case in court?

Disclaimer: The views expressed in the article are those of the author not necessarily of The Maravi Post or Editor

Agriculture, Malawi, Regional

Paramount Holding exports 240 tons of Soya beans to China

Maravi Post Reporter

LILONGWE-(MaraviPost)-The country’s prominent agriculture player Paramount Holdings Limited (PHL) has this week exported 240 tons of Soya beans to China.

This is the first largest Malawi’s Soya beans export to China.

The development comes barely a week after the Ministry of Agriculture contracted PHL as one of the buyers of soya beans from mega farms farmers’ initiatives.

Malawi Investment and Trade Centre (MITC)’s brief statement issued lauds PHL for breaking market barriers on the country’s cash crops.

“In a significant milestone for Malawi’s agricultural sector, the first trial of soya beans has been shipped to China under the Chinese Soya Beans Protocol. This marks a crucial step in testing the market for Malawian soya beans in China, one of the world’s largest importers of agricultural products.

“The soya beans were exported by Paramount Holdings Limited, a prominent player in Malawi’s agricultural industry, headquartered in Lilongwe,” reads MITC statement in part.

MITC adds, “This venture not only holds immense promise for Paramount Holdings but also reflects positively on Malawi’s potential to expand its agricultural exports and strengthen its economy.

“Thanks to collaborative efforts between MITC, Paramount holdings, Malawi Embassy in China and Chinese authorities, 240 tons of Soya beans arrived in China this week”.

PHL Executive Director Prakash Virji Ghedia said the first soya bean consignment is a breakthrough for Malawi’s produces potential markets.

Ghedia observes that the export will generate much needed forex for Malawi.

“We very excited to fulfil Malawi government agenda towards breaking barriers for cash crops export. We need more markets for Soya beans from our local farmers,” excited Ghedia.

He adds, “Our selection for this venture came after due diligence from the china team choose only paramount holdings ltd out of 36 company to export soya beans to China. China team and Chinese embassy visited paramount holdings warehouses and cleaning facility before issuesing licence to paramount holdings.

“Paramount Holdings set up modern infrastructure and machineries for soya processing in malawi Lilongwe.”

While lauding the development, agriculture expert Tamani Nkhono Mvula argued that the government created a conducive policy direction for more production than the current situation.

Mvula observes that Malawi is failing to meet market demands for Soya beans due to low production.

“There is a great demand for soya bean on global market that Malawi is unable to capitalize for forex generation. For instance, last year, Kenya and Tanzania wanted 150,000 tons of Soya bean, but Malawi failed to meet the demand.

“Therefore, there is a need for government to link up local farmers with potential market for produces than only letting them to look for themselves while on the other hand, Agriculture Ministry must intensify cash crops production to meet international market demand,” urges Nkhono-Mvula.

This means that Malawians can export soya beans to China directly for the first time in the history of Malawi and generate forex.

The market is opened after completing rigorous compliance procedures.

Malawi is expected to produce 235,487 tons of Soya beans for 2023/2024 growing season according to the Ministry of Agriculture’s third crop estimates report.

Law and order, Malawi

State withdraws criminal charges against Paramount Holdings directors, company

Ufulu

LILONGWE-(MaraviPost)-The Office of the Director of Public Prosecutions (DPP) has withdrawn criminal charges it placed on three directors of Paramount Holdings Limited (PHL) and the company itself.

In a court notice dated March 19, 2024, addressing PHL directors and company, said the state has no case for them, hence withdrawing.

DPP Masauko Edwin Chamkakala confirmed the development but refused to disclose reasons for the discontinuation of the cases.

In July 2021, police arrested and charged the three directors, Prakash Virji Ghedia, Arvindkumar Atit Patel and Suresh Khimji Jagatiya, and the company itself, with three counts.

The counts included conspiracy to commit a felony contrary to Section 404 of the Penal Code, making and uttering false documents, which aided them to win a contract.

This followed an allegation by Hendrix Laher of Luthando Holdings Limited – apparently a business competitor – made to the Fiscal Police that Ghedia, Patel, Jagatiya and Paramount Holdings Limited had uttered a false document to the Ministry of Education, Ministry of Local Government, Ministry of Health, Kamuzu University of Health Sciences, UNC Project and JPHIEGO to win tenders for the supply of motorcycles showing that Paramount Holdings Limited is an authorized dealer of Yamaha motorcycles in Malawi on behalf of Yamaha Company Limited on Japan.

The facts surrounding the matter were that JHPIEGO advertised in the newspaper for a request for quotation to supply them with 20XTZ and 10DT125 Yamaha motorcycles.

Paramount Holdings Limited and Luthando Holdings Limited were among those who submitted their quotations.

On 7 July 2020, Laher found out that the contract had been awarded to Paramount Holdings Limited. Apparently, this did not please Laher who reported to the Fiscal and Fraud Section of the Malawi Police Service, alleging that Ghedia had used a fake certificate of authorization from Yamaha licensed dealer to win the contract.

Thus, the police arrested and charged Ghedia and others pending commencement of the criminal proceedings in the matter.

But for three times, the complainant–Luthando Holdings Limited– did not appear before the court.

Eventually, on March 19, 2024, Chamkakala wrote legal counsel, Marshall Chilenga, who represented Ghedia, his co-accused, and the company, notifying him about the discontinuation of the case.

“It is hereby certified in exercise of the powers conferred by section 77 of the Criminal Procedure and Evidence Code that the State enters discontinuance of the aforementioned charges against the named accused persons,” reads the letter in part.

This means PHL is now at liberty to bid any tender without any criminal records.

However, in an interview, Chamkakala refused to reveal reasons for the discontinuation of the case.

“I’m not at liberty to discuss reasons for this decision,” he responded.

In a separate interview, Chilenga also confirmed receiving the notification from DPP about the state’s decision to discontinue the case against his client.

He added that Yamaha South Africa confirmed documents were genuine and that there was nothing wrong for Paramount Holdings Limited to use them to secure business in Malawi.

Yamaha Japan in 2022 certified Paramount Holding as its sole official distributors and seller of Yamaha motorcycles and associated products.

Currently, PHL’s competitors are in court to challenge Yamaha Japan over certification.

Luthando and others have been bidding contracts in Malawi by using South Africa’s Yamaha agent, which is contrary to tendering procedures.

Development

Sungold Food Processing, Paramount Holdings aid Lilongwe’s Mgona community with free water kiosk

Maravi Post Reporter

LILONGWE-(MaraviPost)-SunGold Food Processing Limited (SFPL) and Paramount Limited on Wednesday, March 6, 2024 handed over a free water kiosk to M’gona community in the capital Lilongwe.

The initiative will rescue communities from waterborne diseases including Cholera.

The two companies also pledged to be paying all the bills to Lilongwe Water Board (LWB).

During the kiosk launch, Water and Sanitation Minister Abida Mia emphasized the need for locals to have clean and portable water in disease control.

In his remarks, SunGold Food Processing Ltd Mahesh Ghedia said the water kiosk is part of the companies’ Corporate Social Responsibility (CSR) saying most company’s workers operate from M’gona area.

Lilongwe City Center legislator Alfred Jiya lauded the companies for timely support amid fears of Cholera.

Lilongwe City Council (LCC) Mayor Richard Banda appealed for support on locals needs.

Business

Paramount Holdings pushes US$3m Soya exports to China

Maravi Post Reporter

LILONGWE-(MaraviPost)—Paramount Holdings Limited (PHL) says Malawi can capitalise on global markets that local agriculture produces including Soya beens is to fetch much needed forex

This comes as Malawi has exported an initial consignment of 235 tonnes of soya beans to China under the Forum on China- Africa Cooperation.

The commodity could be worth US$3.1 million at the daily trading price of US$13.23 recorded on Tuesday on the China market, according to www.markets.businessinsider.com.

Established in 2018, the forum is an effort to establish a multi-lateral coordination mechanism between African countries and China.

The exports are being coordinated by PHL for Malawi local agriculture produces export.

PHL managing director Mahesh Ghedia described the development as a significant milestone for Malawi’s agricultural sector.

Ghedia said the company secured the opportunity to export soybeans in response to an import request made by a Chinese company to the Malawi Agricultural and Industrial Investment Corporation (Maiic).

“Malawi, with an annual soybean production of around 300,000 tonnes, can capitalise on this global market, opening new avenues for agricultural trade and collaboration,” Ghedia said.

Malawi Investment Trade Centre (MITC) Chief Executive Officer Paul Kwengwere told The Daily Times that the country has strengthened bilateral relationships with Malawi neighbours and other countries and eyes increasing exports within the next two years.

“We have also made strides in penetrating in the non-traditional markets such as China where a lot of Malawian companies have been certified to export non traditional exports such as soybeans, macadamia nuts, ground nuts and chillies,” Kwengwere said.

In October 2023, MITC received preferential quotas and duty-free market access to enhance exports to China, fostering economic and trade cooperation between the two nations.

Figures from the International Trade Centre Trade Map show that Malawi’s soybean exports declined to US$25.8 million in 2022 from a record US$109.5 million in 2021 representing a 76.4 percent decline.

Source: Daily Times

Business, Malawi

Luthando Holdings’ Chief Hendrix Laher fails to show Yamaha’s dealership certificate

Maravi Post Reporter

BLANTYRE-(MaraviPost)-The embattled Luthando Holdings has failed to show publicly a certificate as evidence of being Yamaha Motors’ products’ sole importer, distributor, and seller to Malawi.

In a questionnaire response sent to Luthando Holdings Director Hendrix Laher on Friday, January 19, 2024, enquiring about his authenticity claims of being Yamaha’s sole importer, Laher referred the paper to matters that are in court.

On Friday, Laher responded, “I will contact you later, going for meetings with our bankers”.

After several attempts to get his full feedback on the questionnaire on Saturday afternoon, Hendrix replied, “Just attend court sessions, all matters are in court”

Laher’s failure to produce the certificate comes barely two weeks after his firm, Luthando Holdings used Stansfield Motors limited name with a bogus address to obtain an injunction stopping Yamaha Motors Corporation from awarding the sole dealership of Yamaha to Paramount Holdings.

This publication understands that Luthando uses unauthorised dealers from South Africa to supply Yamaha products when he wins government contracts, including motors bike’s tendering.

According to Japan’s Yamaha Motors certification, a sole dealer is allowed to supply its products to one country.

This is the reason the
Japanese leading automobile manufacturer Yamaha Motors recently certified Paramount Holdings Limited (PHL) as the sole importer and seller of Yamaha products for Malawi.

A letter of authorization between Yahama and PHL signed by Ryuji Kuwano, Yamaha’s Group Manager for Africa Market Development Division and Overseas Market Development Operation Business Unit says the agreement is effective from November 2022.

According to the agreement, the listed products for the Malawi market include Yamaha motorcycles, outboard motors, water pump generators, spare parts, and others.

“Whereas YAMAHA MOTOR CO, LTD, who are official manufacturers of Yamaha products, having factories at 2500, Shingai, Iwata, Shizuoka, 438-8501, Japan, do hereby confirm that Paramount Holdings Limited, a private corporation having its principal place of business at P.O. BOX2736, Lilongwe, Malawi, is our officially appointed importer for the Yamaha Motorcycles, Outboard motors, Water pumps Generators, and spare parts for the territory of Malawi, under the terms and conditions of the agreement made between us and them on November 1, 2022”, reads part of agreement letter signed by Kuwano and which PHL has published in a local newspaper.

In his comment, one of the country’s economic commentators on condition of anonymity faulted Luthando for resorting to business dealership matters to court instead of pushing for partnership.

He argued further that partnership must be embraced with multi-national companies rather than fighting battles that can not yield anything.

“Let’s accept that several local companies do not have capacities to win tenders for big projects from the government. If local companies share the same vision with multinational firms, the best thing is to partner with them, not fighting, smearing campaigns, and propaganda.

“The best way Luthando could do was to partner with Paramount Holdings in business ventures not rushing to court to claim dealership when (Luthando) don’t have certification of it from Yamaha Motors of Japan”, the commentator offers advice to Laher.

Luthando Holdings fights against PHL for Yamaha products tenders is against President Lazarus Chakwera’s Tonse Alliance government calls for multinational companies to invest in Malawi

Chakwera on his foreign trips, has been coaxing multinational companies to come and invest in Malawi in a bid to create jobs for young people towards one million job attainment.

Law and order, Malawi

State pleads thirdly for adjournment on Paramount Holdings directors’ summon case

Ufulu

LILONGWE-(MaraviPost)-The state through the Director of Public Prosecution (DPP) has asked the court to adjourn the summon proceeding of Paramount Holdings Limited (PHL) Directors in undisclosed criminal charges which was slated for Wednesday, January 17, 2024, at Lilongwe Chief Resident Magistrate court.

In a court notice seen of case number 868 of 2023, addressing the Chief Resident Magistrate court by DPP Masauko Chamkakala said the state needs to review and understand the contents of the summon before proceeding with criminal charges against PHL’s directors.

The court summons cases against the state and Prakash Virji Ghedia, Arvindkumar Atit Patel, Suresh Khimji Jagatiya, and Paramount Holdings Limited are yet to commerce.

This is the third time the state has failed to disclose summoning charges against PHL’s directors while resorting to court adjournments.

The summon was adjourned from August 11 to September 6, 2023, from September 6 to January 17, 2024, and from January 17 to an undisclosed date.

In an interview with PHL’s lawyer Gift Katundu outside the court on Wednesday, he said that the summon proceedings failed due to two factors, including the Chief Resident Magistrate’s absence and DPP’s plea for adjournment.

Katundu told journalists outside the court that “The defence team will keep on dancing to the state’s tunes within the time frame given.

“Thereafter, my client will take another step if the state fails to bring the case to the light.”

Background

Paramount Holdings (PHL) Limited has been facing persecution from greedy and jealous competitors who have now resorted to creating and circulating fake news about the company.

Competitors’ greed and jealousy are the main driving force behind civil case 868 of 2023 in which PHL directors are accused of making a false document showing that the company is an authorised dealer of Yamaha Motorcycles in Malawi, our investigations have revealed.

PHL is one of the leading and most reliable suppliers of agriculture implements and construction machinery and appointed dealer for Yamaha motorcycles and other Yamaha products in Malawi.

But since Yamaha Japan appointed the company as an authorized dealer of its products in Malawi, their competitors have been creating and circulating fake news aimed at nothing, but to tarnish the image of PHL and its directors.

This is even though PHL has been contributing significantly to the welfare of Malawians through donations to public health facilities and timely delivery of farm inputs in the Affordable Input Programme (AIP).

PHL was probably the first entity to heed a call from President Lazarus Chakwera to the corporate world to help renovate Area 25 Health Centre in Lilongwe after it got vandalized by the angry Mgona residents in early 2023.

It is the only company that donated state-of-the-art equipment to the facility.

A few months later, PHL sourced a modern ambulance, medical equipment, and furniture from a Japanese company, Itochu Corporation, and Takemoto Oil and Fat Co. Limited.

The ambulance and all the other supplies were donated to Therere Health Centre in the area of Senior Chief Ngabu in Chikwawa.

At the height of scarcity of NPK and UREA fertilizers in 2022, the company successfully assisted the government in securing a huge tonnage of the inputs, which were distributed to thousands of farmers where it was contracted to supply.

But despite all this goodwill, its competitors have not relented in persecuting it using propaganda and fake news designed to tarnish its image.

One of the PHL competitors Luthando Holding Limited alleged that the company is making false claims about its dealership for Yamaha Motor Company Ltd of Japan to the extent that they sought a court injunction stopping Yamaha Motors Limited from dealing with Paramount Holdings.

This comes despite Yamaha Motors issuing a certificate to PHL as the sole distributor, seller, and importer of Yamaha products to Malawi.

Without shame, Luthando Holdings Limited last week used Stansfield Motors’ limited name with a bogus address to obtain an injunction stopping Yamaha Motor Corporation from awarding the sole dealership of Yamaha to Paramount Holdings.

This was revealed when different lawyers with default judgments against disbanded Stansfield Motors frocked the High Court to learn about the physical address of Stansfield Motors as presented to the High Court.

It has been learnt that Luthando Holdings filed for the injunction using a bogus address for Stansfield Motors Limited that ceased to exist in 2019.

Stansfield Motors was declared bankrupt for failing to pay bank loans of MK5 billion, consequently being closed and disbanded.

Currently, former Stansfield Motors workers are in court claiming their dues.

Luthando Holdings and its partners are bitter with the recent pronouncement of Japanese leading automobile manufacturer Yamaha Motors company by certifying PHL as the sole importer and seller of Yamaha products for Malawi.