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Mwanamveka Granted Bail

Senior Resident Magistrate Wanangwa Nyirenda has granted bail to former Minister of Finance Joseph Mwanamvekha. Mwananvekha was arrested by the Anti-Corruption Bureau (ACB) on Tuesday afternoon over allegations that he abused his office. Among other bail conditions, Mwnamvekha has been ordered to pay 1 Million Kwacha and the case has been adjourned to 22 August […]

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RBM Says Malawi Should Embrace Change

Reserve Bank of Malawi Director (National Payments System) Fraser Mdwazika says as the world is going digital in financial services, Malawi should also embrace change. Mdwazika is speaking in Lilongwe at the launch of awareness activities for business licencing using electronic payment channels. He says migrating from paper based payment should not only be for […]

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William Ruto Wins Kenyan Elections

Kenya’s incumbent Vice President, William Ruto, has been declared the winner of the just concluded presidential election in the East African country. Mr Ruto polled 50.49 per cent of the total votes cast (7,176,141) to defeat his closest challenger, ex-Prime Minister Raila Odinga who polled 48.85 per cent ( 6,942,930) of votes cast. Ruto also […]

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Chakwera Hands Over Power To Chilima

President Dr. Lazarus Chakwera has handed over the leadership mantle to the country’s Vice President Dr. Saulos Chilima. Chakwera has left the country for Democratic Republic of Congo (DRC) where he will attend the 42nd Ordinary Summit of the Southern Africa Development Community (SADC). Chilima was spotted seeing off Chakwera at the Kamuzu International Airport […]