Category: National

  • Court throws out Kabambe’s application 

    Court throws out Kabambe’s application 

    The High Court sitting in Lilongwe has thrown out an application by UTM president Dalitso Kabambe who wanted the court to stay  proceedings in a case in which he is answering charges of conspiring to expend public funds without authorisation or appropriation from Parliament.

    Further, Kabambe is being accused of  providing false information to the International Monetary Fund (IMF).

    Through his lawyer Fostino Mayere, Kabambe argued that the matter should await a decision from the Legal Affairs Committee, which he had petitioned.

    However, Judge Redson Kapindu denied the application and advised the defence to pursue their request directly with the Legal Affairs Committee, which has the power to direct the DPP to hold persecution.

    The former Reserve Bank of Malawi (RBM) governor together with Henry Mathanga, Cliff Kenneth Chiunda, and Joseph Mwanamvekha are answering charges of conspiracy, making misleading statements, and money laundering.

    In April this year, the court also three out another application by Kabambe when he argued that he was immune from prosecution for actions taken in good faith during his tenure as Governor and Chairperson of the RBM Board between 2017 and 2020.

    Citing Section 15 of the Reserve Bank of Malawi Act and Paragraph 4 of the institution’s Code of Conduct, Kabambe claimed he could not be held personally liable unless it was proven he acted in bad faith.

    He said the Treasury Note transaction in question, worth USD 350 million and involving Afreximbank, was approved by the RBM Board and aimed at restructuring government debt to reduce interest payments.

     

     

  • MDF flouted procedures in K52bn military equipment contract – witness

    MDF flouted procedures in K52bn military equipment contract – witness

    Public Procurement and Disposal of Assets Authority (PPDA) procurement specialist Jonathan Kantayeni on Tuesday told the High Court of Malawi Commercial Division that the Malawi Defence Force (MDF) flouted procedures in the disputed $30 million (about K52.5 billion) military equipment contract.

    In December 2012, MDF awarded  businessperson Shiraz Ferreira of SF International a contract to supply military equipment.

    In the case, Attorney General (AG) Thabo Chakaka-Nyirenda is challenging  Ferreira who is suing the government for 56.9 million (about K12 billion) in compound interest over delayed payments.

    During his testimony, Kantayeni said that PPDA did not give any ‘No Objection’ after the MDF requested single-sourcing for the contract, but they were advised to follow restricted tendering process.

    “There is no record at our office about this contract. If MDF proceeded with the procurement despite our clear guidance, then it was misprocurement, meaning it did not follow procedures.

    “For a K9 billion contract, MDF knew this was beyond their threshold to approve the contract and that it needed a “No Objection’ from PPDA and, by proceeding, it raises questions about the legality of the contract itself,” said Kantayeni who added that PPDA took no action after the MDF proceeded because the Anti Corruption Bureau (ACB) was already investigating the matter.

    Former MDF commander General Henry Odillo distanced himself from the contract saying he knew nothing about it.

    “What I know is that part of the consignment was yet to be delivered as of May 2014 when I retired.

    “Only four units of Samil trucks were delivered against the requested 12 and also MDF wanted 180 troop carriers, but less than 10 were delivered,” he said adding that his deputy at the time, Lieutenant General Clement Kafuwa (retired), chaired a procurement committee handling the matter.

  • Court rebuffs Chisale, with costs

    Court rebuffs Chisale, with costs

    High Court Judge Anneline Kanthambi sitting in Blantyre dismissed an application by Democratic Progressive Party (DPP) director of youth Norman Chisale in which he wanted the court to vary a 2021 preservation order of his various properties and bank accounts.

    Since 2021, Chisale has made multiple unsuccessful applications to vary the order, including before the Constitutional Court, High Court, and Supreme Court.

    In all the attempts, he has been arguing that he wants access to his frozen bank accounts containing K 30,018,592.92 (National Bank) and K 87,375,128.00 (First Capital Bank), to cover legal fees and reasonable living expenses. ​

    Among others, Chisale said he cannot pay legal fees amounting to MK 50 million for his lawyers, is unable to meet reasonable living expenses, including food, utilities, school fees, and security costs as some of his remaining properties such as Zimatha Lodge and rental properties, are not generating sufficient income due to public perception and operational challenges. ​

    However, Senior State Advocate Pilirani Masanjala opposed the application stating that the defendant has not provided sufficient evidence to justify the variation and that he still has access to income from businesses like Zimatha Lodge and Namauya Investments and has failed to substantiate claims of financial hardship or legal fees.

    He further argued that the State did not take control of Chisale’s business interests and other ventures and he still gets rent from his houses, revenue from Namauya Investments, a Coca-Cola depot in Ntcheu, and Zimatha lodge in Mangochi.

    Masanjala said Chisale’s continued employment of 16 security guards costing K3, 867, 800 per month when he knew that the preservation order was still subsisting was wholly his unreasonable.

    On the students, who the applicant indicated that they were in form 4 in 2021, Masanjala argued that there was no evidence that they are still current students at that school who are set to repeat.

    In her ruling, Justice Kanthambi maintained previous determinations by other courts saying Chisale failed to provide evidence to support his claims of financial hardship and legal expenses as it noted that he still has access to income from businesses not fully seized under the preservation order, such as Zimatha Lodge and Namauya Investments. ​

    He further noted that his arguments were a repetition of previous applications that were denied, with no significant changes or new evidence. ​

    “There is nothing in the I st defendant continuing to employ 16 security guards costing K3, 867, 800 (three eight hundred and sixty-seven thousand, eight hundred kwacha) when he knew that the order was still subsisting. As the preservation order was granted in February 2021, further employment of the expensive guards the whole of 2021 is wholly his unreasonable.

    “Consequently, this court equally finds that there exists no hardship applicant will suffer as a result of the continued operation of the preservation order outweighs the risk that the property concerned may be destroyed, lost, damaged, concealed transferred. This application therefore fails in its entirety and is hereby dismissed with costs,” reads the ruling dated May 25 2025.

  • Meeting with Bushiri costs Shivambu senior party position

    Meeting with Bushiri costs Shivambu senior party position

    The uMkhonto weSizwe (MK) Party has removed Floyd Shivambu as it’s Secretary General following his recent trip to Malawi where he met fugitive Prophet Shepherd Bushiri.

    According to the party’s president Jacob Zuma, the resolution to remove Shivambu was reached at the state of the organization reflection meeting by MK national officials.

    “As part of the deliberations of the National Officials, the matter pertaining to the recent trip undertaken by the Secretary General Floyd Shivambu to Malawi was reflected upon.

    “Noting that on the 12 March 2025, The Republic of Malawi’s Chief Resident Magistrate delivered a ruling that granted the South African Republic’s request for the extradition, it is common knowledge that Prophet Shepherd Bushiri and his wife Mary Bushiri skipped bail, and are to return to South Africa to stand trial on various charges.

    “Based on the deliberations by the National Officials, it was reaffirmed that the trip was not an officially sanctioned programme of the organisation or the President, which therefore goes against the constitution of the party.

    “The MK Party and its leadership, has been approached by members of various sectors of civil society and has taken due consideration of the gravity of this matter. Due to the serious nature of this matter and its implications for the party, its image, values and principles, The President and the National Officials were left with no other option but to act swiftly in addressing this matter.

    “Consequently, as a responsible organisation accountable to its electorate and the broader society, the National Officials have come to a decision to redeploy Commander Floyd Shivambu as the Secretary General of the party, and redeploy him to the National Assembly. We believe that his redeployment will strengthen the MK Party caucus as the Official Opposition, as Commander Floyd Shivambu carries a wealth of experience as a former member of Parliament.

    “We would like to thank and acknowledge Commander Shivambu’s contribution as both the National Organiser and Secretary General of the MK Party and the role he has played in contributing to the advancement of the organisation. His invaluable skills and experience as a politician will continue to benefit the MK Party in the new role to which he will be redeployed. The National Officials have had discussions with Commander Floyd Shivambu pertaining to his deployment, and he has duly accepted,” reads part of the statement dated June 2 2025.

     

  • Jappie Mhango charged,  granted bail

    Jappie Mhango charged,  granted bail

    Democratic Progressive Party (DPP) Vice President  (North) Jappie Mhango has been released on bail by the Chief Resident Magistrate Gedfrey Balaka seating in Mzuzu.

    Mhango has been charged with two counts of misuse of public office, and providing false information to the Bureau.

    However, he did not take plea as the ACB  says there are two more suspects in the case.

    Balaka ordered Mhango to surreder his travel documents and a copy of National ID, report every fortnight at ACB offices in Mzuzu, cash bond of K1 million and two sureties non cash valued at K500 000 each.

    According to a statement signed by ACB spokesperson Egrita Ndala, Mhango abused his office for the advantage of Cuthbert Mhango and 11 others when he authorised the sale of houses belonging to the Ministry at under-valued leading to loss of Government revenue.

    Ndala said the sell happened between 2016 and 2017 when he was Minister of Transport and Public Works.

    “It is further alleged that on 11th April 2022 at the Anti-Corruption Bureau offices in Mzuzu, he provided false information to Bureau officers by stating that he does not know the landlord of the house which is rented by his second wife, Miss Thokozile Wanda, at Chimaliro in Mzuzu city, while in fact the said house was bought from Ministry of Transport and Public Works at the time he was the responsible Minister and it is owned by his direct relative by the name of Cuthbert Mhango,” reads the statement in part

     

  • Stop protecting Kapondamgaga, Chakwera told

    Stop protecting Kapondamgaga, Chakwera told

    President Lazarus Chakwera’s insistence of keeping embattled State House Chief of Staff Prince Kapondamgaga has been questioned days after he was officially mentioned in the corruption charges against businessman businessman Zuneth Sattar in United Kingdom.

    UK”s National Crimes Agency (NCA) has also named former vice president, late Saulos Chilima, former Malawi Police Service (MPS) Inspector General (IG) George Kainja and former Anti-Corruption Bureau (ACB) Reyneck Matemba in charges which businessperson Zunneth Sattar is facing in the United Kingdom.

    Satter, who was arrested in 2021,  is facing 18 charges related to bribing foreign officials, appeared before the Central London Magistrate Court on May 30 2025 where he was granted bail.

    Chakwera removed Kapondamgaga from State House when his name first appeared in the Anti-Corruption Bureau (ACB) investigations as one of the public officers who had received a Mercedes Benz S Class 350d and other gifts from Mr Zuneth Sattar

    However, he was later reinstated after investigations by ACB were closed after he voluntarily returned the Mercedes Benz S-Class 350d and K70,150,670.

    In a statement released on Tuesday, Centre for Democracy and Economic Development Initiatives (CDEDI) executive director Sylvester Namiwa questioned Chakwera’s continued shielding of Kapondamgaga.

    “If you are indeed serious about fighting corruption, then you are sending a totally different message to Malawians and the international community by allowing someone suspected of indulging in corruption to remain in public office

    “The recent developments in the UK have raised serious questions over your own image and that of the State regarding your stance on the fight against corruption. If Mr. Kapondamgaga was in the UK, he would have been arrested as a co-accused,” Namiwa said

  • Old Mutual completes post Cyclone Freddy recovery project, hand over set for June 5

    Old Mutual completes post Cyclone Freddy recovery project, hand over set for June 5

    Old Mutual (Blantyre) Foundation Trust has announced the completion of its Post-Cyclone Freddy Recovery Project, which rehabilitated damaged school infrastructure at Chithumbwi Primary School in Phalombe and Chitedze Primary School in Mulanje.

    The project also included the construction of two new classroom blocks at Chazinga Primary School in Phalombe and Maliya Primary School in Blantyre.

    The Foundation invested MK360 million in the initiative, implemented in collaboration with CARE Malawi.

    Speaking in an interview, Foundation Chairperson Tawonga Manda expressed excitement over the project’s completion, noting that learners will benefit from improved learning environments.

    “As you may recall, in early 2023, the country was hit by the devastating Cyclone Freddy, with the Southern region being the most affected.

    “We partnered with CARE Mw to reach the hardest -hit districts and schools. We have successfully rehabilitated school structures, including classroom blocks toilets and a head teachers office,” Manda said.

    The handover ceremony is scheduled for Thursday, 5 June 2025, at Maliya Primary School in Blantyre.

    “I can confirm that all preparations for the handover are complete. We have engaged all relevant stakeholders, and we are pleased that both teachers and learners will now operate in safer and conducive environments,” Manda added.

    Cyclone Freddy, which struck Malawi in March 2023, claimed over 1,000 lives and caused extensive damage to homes, schools and hospitals.

    Old Mutual initially responded with a donation of assorted relief items worth MK60 million through Red Cross Malawi.

    Old Mutual (Blantyre) Foundation Trust is a Philanthropic arm of the Old Mutual (Malawi) Limited, a leading financial service provider in the country.

     

     

  • NBM donates K20 Million to ICTAM 2025 International ICT Expo and awards

    NBM donates K20 Million to ICTAM 2025 International ICT Expo and awards

    National Bank of Malawi (NBM) plc has donated K20 million to the Information and Communication Technology Association of Malawi (ICTAM) to support the upcoming 2025 International ICT Expo and Corporate Awards. The event is scheduled to take place from June 5 to 6 at the Bingu International Convention Centre (BICC) in Lilongwe.

    During the cheque presentation ceremony held in Blantyre, NBM’s Head of IT Christopher Chilenga emphasized the bank’s recognition of technology’s pivotal role in enhancing its services and operations.

    He stated, “As a National Bank, we appreciate that we are highly digitally dependent on ICT to provide services, so we do not take this lightly because if experts and solutions in ICT are not available, we will not be able to provide digital products.”

    ICTAM President Clarence Gama expressed gratitude for NBM’s support, highlighting the expo as a platform for ICT professionals to deliberate on leveraging technology as a catalyst for economic growth. He noted, “This has come timely and it is going to make a massive contribution to our plans. As technology advances, fraudsters also come up with new ideas which affect financial services like banks. As ICT experts, this Expo gives us a platform to bang heads on how we can deal with such fraudsters by coming up with solutions that will be way ahead of them.”

    The expo, themed “Accelerating Malawi’s Digital Economy: Innovation, Inclusion, and Sustainable Growth,” will feature various activities, including exhibitions, workshops, and the Corporate Awards ceremony. Reserve Bank of Malawi Governor, Dr. Macdonald Mwale, is expected to attend as the guest of honor.

    ICTAM has extended an invitation to the general public, emphasizing that the expo is not solely for IT experts but for all Malawians interested in understanding the impact of technology on various sectors. The event aims to foster collaboration among industry stakeholders, government entities, academia, and the public to shape a digitally empowered Malawi.

    NBM’s contribution adds to the support from other sponsors, including Sparc Systems, which has committed K13.5 million as the platinum sponsor for the expo.

  • Mhango authorized sale of government houses at K2.9m -ACB

    Mhango authorized sale of government houses at K2.9m -ACB

    The The Anti-Corruption Bureau (ACB) has said that opposition Democratic Progressive Party (DPP) vice president for the Northern Region, Jappie Mhango authorized the sell of government houses at under-valued prices of K2.95 million.

    Mhango has been arrested by the ACB in relation to the issue, and awaits for a court appearance to be formally charged.

    According to a statement signed by ACB spokesperson Egrita Ndala, Mhango abused his office for the advantage of Cuthbert Mhango and 11 others when he authorised the sale of houses belonging to the Ministry at under-valued leading to loss of Government revenue.

    Ndala said the sell happened between 2016 and 2017 when he was Minister of Transport and Public Works.

    “It is further alleged that on 11th April 2022 at the Anti-Corruption Bureau offices in Mzuzu, he provided false information to Bureau officers by stating that he does not know the landlord of the house which is rented by his second wife, Miss Thokozile Wanda, at Chimaliro in Mzuzu city, while in fact the said house was bought from Ministry of Transport and Public Works at the time he was the responsible Minister and it is owned by his direct relative by the name of Cuthbert Mhango,” reads the statement in part

     

  • Malawi’s cumulative inflation surpasses 100 percent – ICAM

    Malawi’s cumulative inflation surpasses 100 percent – ICAM

    The Institute of Chartered Accountants in Malawi (ICAM) has said that as at 31 March 2025, cumulative inflation in Malawi over a three-year cycle reached 118.4 percent (112.7percent per previous assessment as at 30th November 2024), surpassing the 100 percent IAS 29 threshold.

    According to a statement signed by ICAM president Daniel Jere, despite the high inflation, the other qualitative indicators of hyperinflation were not evident as at that date.

    “Most prices remain quoted in Malawi Kwacha, and the population continued to value it as legal tender for transactions in the country. There was no evidence of widespread immediate investment of local currency to preserve purchasing power or of prices and wages being indexed to inflation.

    “The prolonged shortage of foreign currency led to a reliance on the parallel market, which contributed to inflationary pressures. Food inflation remained relatively higher than anticipated due to maize shortages in some parts of the country. This notwithstanding, sales and credit transactions were still largely based on historical costs, interest rates remained stable (with policy rate remaining at 26% pa) and wage adjustments were not aligned with CPI changes.

    “Despite exceeding the quantitative inflation threshold, the overall assessment remains that Malawi does not meet the full criteria of a hyperinflationary economy under IAS 29. Therefore, hyperinflationary financial reporting directive issued on 27 December 2024 remains in force. The Institute of Chartered Accountants in Malawi will continue to monitor the situation and will issue a comprehensive guidance as at 30 June 2025,” reads the statement in part

    Malawi adopted IFRS in 2001, and IAS 29 governs financial reporting in hyperinflationary economies. Determining whether a country meets the LAS 29 threshold requires evaluating qualitative and quantitative factors, including cumulative inflation and behaviours in the economy.