Category Archives: Business

First Capital Bank Being Investigated By Central Bank:CEO Hitesh In Serious Corruption Scandal

The Newly branded FIRST CAPITAL BANK formerly First Merchant Bank is being investigated by the Central Bank in Lilongwe because of its role during the sale of TNM shares in 2010 and other transactions by Press corporation. The bank has been found on the firing range after its Executive Chair Hitesh Anadikati was involved in serious corruption with the late

Read more

Mutharika Orders ESCOM To Cancel Awarding A MK 675mn Contract To Demolish Burnt Escom House To Evil PP, MCP Operatives

Malawi President Prof.Arthur Peter Mutharika has ordered the management of Electricity Supply Commission Of Malawi (ESCOM ) to cancel a MK 675 million contract to irrigwater and mining company to demolish the Escom house  in Blantyre   which was burnt by Joyce Banda’s sons during the Peoples Party rule, to cover for their tracks of the shaddy deals they were involved

Read more

APM Delivering His Promises With Distinction As Construction Of Bwanje Dam Finishes

As one way of making Malawi a predominantly producing and exporting country President Professor Arthur Peter Mutharika launched the construction work of Bwanje Dam in Dedza which will be the biggest dam in the SADC region and is expected to store sufficient water for Irrigation purposes in both rainy and dry season. A recent visit to the site has reviewed

Read more

APM Appointed Board Chairperson For Economic And Trade Commission Of Africa

Malawi President Prof. Arthur Peter Mutharika has been appointed as Board Chairperson For Economic And Trade Commission Of Africa. As the board Chairperson, Mutharika will be playing advisory role alongside board members which includes Zimbabwe’s Edson D Mnangagwa, George Weah of Liberia, Julius Malema of EFF, Africa’s Richest man Aliko Dangote, PLO Lumumba, AfDB President and UNDSG. The appointment is

Read more
« Older Entries