February, 2014

Malawian Airlines Receives Another Aircraft

Posted on 17 Feb 2014 at 1:19pm

Malawian Airlines Limited will, on Sunday, February 16, receive its second and biggest aircraft from Ethiopian Airlines Boeing 737-800.

According to the Malawian Airlines public relations officer, Maganizo Mazeze, the Ethiopian Airlines, with 49 per cent stakes in the local airline company while Malawi Government has a 51 per cent share, will deliver the plane at a function to be held at the Kamuzu International Airport in Lilongwe.

“The delivery of the plane, a new generation Boeing 737-800, with two configurations, has a 154 seat capacity. It will launch its first commercial flight to Johannesburg on Monday, 17 February, 2014.

“The airline’s…

How to Invest on the Malawi Stock Exchange

Posted on 15 Feb 2014 at 10:54pm

A number of readers have been wondering about how to open a brokerage account on the Malawi Stock Exchange.

I can understand why. The little market in Blantyre posted the best return of any sub-Saharan stock exchange in 2013. Its All Share Index is up 75.2% over the past 12 months in US dollar terms.

Performance like that would make even the most jaded of investors take notice.

So, what do you need to do to put money to work in the warm heart…

Uncertainty over having a Miss Malawi Beauty Pageant this year

Posted on 14 Feb 2014 at 10:40pm

Hopes of having a Miss Malawi Beauty Pageant this year (2014) are falling short as organizers are having financial and licensing difficulties.

The last organizers of the Miss Malawi Beauty Pageant have disclosed that they are failing to hold a new contest due to Licensing and financial problems they are experiencing.

This was disclosed in an interview by Vitu Kamanga who was behind the last pageant held in 2011 which crowned Susan Mtegha as Miss Malawi.

“The biggest issue has been about licensing, as you know the licensing is not owned by the Ministry,…

Man flees from mob justice, hands himself to police

Posted on 14 Feb 2014 at 1:22pm

As the presentation of nomination papers by presidential candidates in the forthcoming Tripartite Election is underway at COMESA, some people are taking advantage of the gatherings to steal from unsuspecting party loyalists.

An unidentified man on Wednesday escaped mob justice when he was caught trying to steal a cell phone from a woman’s handbag as people enjoyed music from Lucius Banda while United Democratic Front candidate, Atupele Muluzi presented his papers to the Malawi Electoral Commission.

When the owner shouted for help, the mob, believed to be UDF supporters, descended on the man who had dreadlocks beating and stamping…

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