Malawi

Malawi

Wed, 29 Apr 2026 15:20:08 GMT
PAC Cracks Down On Yusuf Investments Over Defiance in Amaryllis Deal Probe
[Nyasa Times] Parliament's Public Accounts Committee (PAC) is moving to cite Yusuf Investments Limited for contempt after its chairperson, Shiraz Yusuf, abruptly walked out of proceedings when denied a request for a closed-door hearing.

Wed, 29 Apr 2026 15:19:32 GMT
Ecama Demands Fuel Levy Cuts As Prices Soar, Shortages Bite
[Nyasa Times] President of the Economics Association of Malawi (ECAMA), Bertha Bangara, has thrown her weight behind growing calls to scrap non-essential levies on fuel--warning that the current pricing structure is squeezing households and pushing t...

Wed, 29 Apr 2026 15:19:12 GMT
Yusuf Investments Objects Amaryllis Probe - Says Committee Lacks Jurisdiction On Private Entities
[Nyasa Times] As part of their submission, Yusuf Investments, owners of the controversial Amarylis Hotel have objected to the jurisdiction of the Parliamentary Accounts Committee (PAC) currently probing its controversial sale by the Public Service Pe...

Tue, 28 Apr 2026 14:34:06 GMT
Supreme Court Nullifies Balaka Mulunguzi Election, MP Mambala Loses Seat in Landmark Ruling
[Nyasa Times] The Supreme Court of Appeal has overturned the parliamentary election results for Balaka Mulunguzi Constituency, in a powerful judgment that has immediately unseated the area's Member of Parliament and reignited debate on electoral inte...

Tue, 28 Apr 2026 14:35:53 GMT
Police Arrest Their Own Officers Over Missing Black Market Fuel
[Nyasa Times] In a dramatic twist that has shaken confidence in law enforcement, Malawi Police in Mangochi have arrested several of their own officers for allegedly stealing fuel that had been seized during a crackdown on black market dealers.

Malawi Times

Fri, 12 Jun 2026 06:08:58 +0000
Mystery shrouds Pac chair’s ‘query’
By Mercy Matonga: There is uncertainty over the status of the query which Parliament’s Public Accounts Committee (Pac) Chairperson Steven Malondera made against Anti-Corruption Bureau (ACB) acting Director General (DG) Gabriel Chembezi. The Minist...

Fri, 12 Jun 2026 06:04:31 +0000
Fia flags 357 suspected transactions in 2 years
The Financial Intelligence Authority (Fia) received and analysed 357 suspicious transaction reports (STRs) between 2022 and 2024, The Daily Times has learned. The issues included 180 abuse of exchange control cases, 37 fraud cases, 90 tax evasion cas...

Fri, 12 Jun 2026 06:00:05 +0000
World Cup starts
All eyes are on the United States (US), Mexico and Canada, as the World Cup, the biggest football fiesta, has started. The World Cup finals are being hosted by the three countries. The party started last night, when Mexico faced South Africa, one of ...

Thu, 11 Jun 2026 12:03:17 +0000
Survey highlights worsening poverty
By Mcloyd Chilangiza: Nearly 8 in every 10 Malawians believe the country’s economy is in poor shape amid rising hardship, unemployment and declining living standards, a recent Afrobarometer survey shows. In its report, titled ‘Most Africans Conti...

Thu, 11 Jun 2026 11:59:35 +0000
More losses on Malawi Stock Exchange, as banks suffer most
By Chimwemwe Mangazi & Benadetta Chiwanda Mia  The total value of shares listed on the Malawi Stock Exchange (MSE) dropped further to K27.99 trillion in May, from K28.59 trillion a month earlier, as nine of the 16 counters recorded share price l...

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