Auction Floors holds K418 million East Bridge funds
…. Agriculture Ministry playing yoyo with tobacco firm East Bridge Tobacco has paid K418 million for 106 078 kilogrammes of tobacco but the Auction Holdings Limited, under instructions from the…
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East Bridge fails to pay for tobacco
…Farmers at Chinkhoma not paid since 11 April ..Mphwiyo’s company in crisis: Part 1 Tobacco farmers at Chinkhoma Auction Floors are yet to be paid as a new player in…
MACRAs Baba Musa and K4.5 billion give away
..Ghanaian Dobadoba has not certified software engineer ..move dubious to syphon public money, intrude privacy ..MACRA monitoring risks lawsuits, fines- experts One of the legacies of the President Lazarus Chakwera…
Kachaje defies G2G Presidential order
…extends Addax supply contract to December ..Addax blackmailing us-NOCMA ..NOCMA, MERA ignores Attorney General advise Exactly a month after President Lazarus Chakwera announced a government to government (G2G) fuel procurement…
Fuel Crisis: NOCMA’s missing K60billion for fuel
…fuel tankers go missing after fuel diverted to longer route ..cartel targets Matola, Kachaje with smear campaign …Chakwera hires Buluma and others to help The all-powerful fuel procurement cartel has…
Tobacco billions not paid
…angry farmers lock down market …IT manager claims another hack …system change affects payments The spirit of tampering with effective systems which were operating efficiently has now reached the Tobacco…
DPP Guru’s face arrest over Salima Sugar
….Former SPC, Finance Minister on the list….Indian Directors accused of blocking K623 million payment….Govt seeks to change shareholding The battle for the control of Salima Sugar Company is this week…
Simbi’s K370 billion Giyani headache: Malawi billionaire returns home by private plane
…SA Govt moves to declare contract illegal …accused contractors of inflating costs ….Khato completed 92% of works Malawi’s construction billionaire Simbi Phiri on Tuesday this week returned to his base…
Kwacha devalued by 44 percent!
The Reserve Bank of Malawi has devalued the Malawi kwacha from its official selling rate of K1180 to K1700. The Bank recently rejected insinuations of devaluation. This means the cost…
Steenkamp arrest in Malawi: a fugitive with K24 billion cash
…a dozen accounts frozen with billions kwacha …on Interpol list, bought Malawi passport …wants ECO Bank Managers jailed Malawi is a crime scene, but the impunity at the Immigration Department…