Procurement specialists in Malawi have been called upon to enhance efficiency in their service delivery to help save money for their institutions. This challenge was posed by businessman Thom Mpinganjira in Mangochi, where he officially opened the 2024 Malawi Institute of Procurement and Supply (MIPS) conference.
Listen to this article By Suleman Chitera Four lucky pairs of customers are set to win K10 million each in FDH Money Bureau’s newly-launched ‘Double Double’ Promotion, a four-month campaign unveiled on Wednesday in Blantyre. The Promotion aims to reward customers who send and receive money through FDH channels. This means a total of K40 […]
Listen to this article By Suleman Chitera The second draw of the on-going ‘Chinthuchi Tatenga’ Promotion by First Capital Bank (FCB) has produced 16 more winners, bringing the total number of lucky winners to 32 since the campaign’s launch on May 25, 2026. During the second draw conducted on Tuesday in Blantyre, one customer, Anthony […]
Listen to this article By Suleman Chitera Israeli Prime Minister Benjamin Netanyahu has declared that the time has come for Israel to reduce its dependence on United States military assistance and strengthen its own defense production capabilities. Netanyahu made the remarks during a meeting with Israeli soldiers, where he praised their commitment and resilience during […]
Listen to this article By Suleman Chitera The Super League of Malawi (SULOM) has been forced to reschedule the highly anticipated FDH Bank Premiership encounter between and after a sudden change in venue availability disrupted match arrangements. Originally set for Saturday, June 27, 2026, at , the fixture was moved to after scheduling conflicts emerged […]
Listen to this article By Malawi Freedom Network Reporter25 June 2026 | Lilongwe Malawi continues to face ongoing electricity supply challenges, with persistent power outages disrupting business operations, slowing productivity, and increasing operational costs for companies and small enterprises across the country. The unstable power supply has affected various sectors including retail shops, manufacturing, hospitality, […]
Mpinganjira highlighted the significant impact that efficient procurement practices can have on the country’s economy, noting that approximately 70 percent of the government’s total budget is spent through procurement processes. He emphasized that improving procurement efficiency could lead to substantial savings.
“Efficiency in procurement would save a lot of money which can be channeled towards investment, hence growing our economy,” Mpinganjira stated. “With proper service delivery, the government or any organization can save about 20 percent or more of their money.”
He urged procurement specialists to adopt best practices that would prevent wastage of resources, ultimately contributing to the economic development of the nation.
MIPS president Miriam Jere, in her remarks, reinforced the importance of maintaining high ethical standards in procurement. She warned that the association would not tolerate any members found guilty of violating the Procurement Act, reiterating MIPS’ commitment to holding its members accountable.
Jere also revealed that in the past two years, MIPS had taken disciplinary action against five members found guilty of misprocurement and had reported these cases to the relevant authorities. “We also have some cases which are under investigation at the moment,” she added.
As Malawi seeks to improve its public and private sector spending, the role of procurement specialists in driving efficiency and upholding integrity remains pivotal. The call for enhanced service delivery in procurement is seen as a crucial step in ensuring that national resources are utilized effectively.
