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NEEF Customers Demands Their Deposit Back

NEEF Customers Demands Their Deposit Back

Local, Uncategorized
A group of business people who applied for National Economic Empowerment Fund (Neef) loans in Mzuzu tstormed office premises for the government-owned microfinance firm demanding their deposits back. According to one of the people, Kissa Thindwa, they are asking for their money back because it is taking long for the firm to give them the loans. Thindwa told Nation Online that Neef officials had called for a meeting, which took place on Tuesday, only to tell them that the firm does not have money for the loans. She said: “They said we should transfer to a World Bank Project, which is another long process and not for small businesses. "We are demanding our savings back with interests, because they [Neef] have benefitted from the money.” Neef public relations officer Whyton Kapasule could...
Dust Refusing to Settle for Martha Chizuma

Dust Refusing to Settle for Martha Chizuma

News
Dust is refusing to settle for Anti-Corruption Bureau (ACB) Director Martha Chizuma as she has been taken to task to explain why her office allowed foreign investigators without consent from authorities. In a statement a movement under the banner Mass Movement Advancement for Economic Revolution said: “Are we serious that we are this asleep to the extent that even our NIB did not have fore knowledge that foreign spies were coming to investigate cases regarding our security arms procurement dealings?” Recently, Human Rights Activist Bon Kalindo also gave Chizuma seven days to explain to Malawians as to why her office allowed the British National Crime Agency (NCA) to start probing arms deals Malawi purchased through Asian businessmen.