Questions, Suspicions As Chilima Leaves for Abuja Again

Some Malawians have questioned Vice President, Saulos Chilima’s return to Abuja, Nigeria in a space of less than three months, saying it could amount to some suspicious dealings ahead of the 2019 polls. Such talks have made rounds particularly in social media platforms despite a clear agenda for the meeting in a statement Chilima’s office released before his departure. His special assistant on economic affairs, Milward Tobias said the Vice President would be attending the high level meeting at the invitation of former Nigerian President, Olusegun Obasanjo. The meeting centres…

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Fuel Price reduction Too Minimal-CHILIMA

The country’s Vice President, who is also leader of UTM Party, Saulos Chilima has expressed dissatisfaction over the latest downward adjustment of fuel prices. Speaking during a rally at Masangano ground, Traditional Authority Kalumo in Ntchisi, Chilima said the reduction is just too minimal and does not match that on the global market. Chilima bragged that the prices have gone down because he has been pushing for the reduction when the prices went up. “They have reduced the prices because we were against the hike and we were pushing for…

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“Flipflopping on fuel pump prices signals pressure”

The continued flip-flops on fuel pump prices is a sign of pressure and lack of a better clue by the current administration in coming up with sensible cushioning measures that manage the country’s fragile economy while protecting the welfare of the poor. These are the views of some Malawians who have reacted angrily to the latest downward revision of the fuel pump prices citing almost similar grounds local economists rubbished before. The politically abused Malawi Energy Regulatory Authority, (MERA) announced the revision in a desperate and panic statement signed by…

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MACRA Still Chasing Non compliant Airtel on Unregistered Subscribers

The Malawi Communications Regulatory Authority (MACRA) might still unleash its anger on one of the country’s leading mobile operators, Airtel Malawi for its alleged failure to deactivate over one million unregistered numbers after the expiry of the subscriber identity module registration on September 30, 2018. The Regulator’s Communications Manager, Clara Mwafulirwa has confirmed the development in an interview with Dawn Online. She revealed they were still pursuing the issue to ensure that proper measures were taken on what the mobile operator did. “We commenced non compliance procedures against Airtel and…

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Inadequate investments blamed for Malawi’s energy crisis

Malawian President, Peter Mutharika continues faulting lack of serious investments in the energy sector for worsening persistent blackouts relentlessly crippling business operations at the moment. He spoke this in Neno on Wednesday during the official handover and commissioning of the upgraded Nkula A Hydropower Plant. Economists fear the current power challenges have potential to thwart the country’s dream of turning into a producing and exporting nation. They argue this will remain a far-fetched dream in the absence of drastic measures to tame the power crisis that shows no signs of…

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Chilima leaves for Dubai; days after Abuja trip

Vice President and UTM Party Leader, Dr. Saulos Chilima leaves on Tuesday, November 5, 2018 through Kamuzu International Airport in Lilongwe for Dubai, United Arab Emirates, where he is attending Africa Investment Conference. Chilima’s Special Assistant on Economic Affairs, Milward Tobias has confirmed the development in a statement released Monday evening. “The conference has been organized by the Africa Legal Network, an alliance of leading African corporate law firms in sixteen African jurisdictions in Francophone, Anglophone, Lusophone and Arabic-speaking Africa,” reads the statement. The conference will be held under the…

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Mutharika preaches African Industrialization

African countries have been challenged to invest in skills education that results in skilled labour; a crucial ingredient for the attainment of industrialization and eventual economic growth. Malawian President, Peter Mutharika made the call in his address to delegates at the Ten Heads of State and Government Summit on Education, Science and Technology in Africa at the Bingu International Convention Centre, {BICC} in Lilongwe on Saturday. “Industrialization demands a skilled labour force. No human society can develop without this. That is why we need a focus on skills education. We…

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MRA impressed with EFD progress

Over a year after introducing Electoral Fiscal Device, {EFD}, an initiative that initially sparked frowns and controversy among business operators, the Malawi Revenue Authority, {MRA} can now brag about registering impressive progress with the arrangement. MRA’s Director of Cooperate Affairs, Steven Kapoloma commends both consumers and sellers for complying with the corporate initiative for using the EFDs to its expected purpose. The tax-collecting body began implementing the use of the EFDs, which electronically record sales transactions, for all Value Added Tax operators in March 2014. It had threatened to unleash…

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