Friday, May 30, 2025
No menu items!
spot_img
Home Blog Page 1736

Dr Ken Zikhale Ng’oma continues development exploits, donates building materials, borehole and Maizemill to Nkhatabay Constituency

0

By Staff Reporter

The National Director of Strategic planning for the ruling Malawi Congress Party Dr Kenneth Zikhale Reeves Ng’oma is quickly cementing his reputation as a development man of the people as he continues to give a helping hand to his constituency with resources to alleviate the many problems his area was facing.  On Saturday, the Nkhatabay South legislator rounded the whole constituency and delivered needful materials.

Dr Kenneth Zikhale Ngoma first stop was at Kande healthy centre where he delivered 10 bags of cement. The health centre has been acute shortage of latrines that has made patients and people in surrounding use nearby bushes to help themselves which has promoted waterborne diseases.  Dr Zikhale decided to build 8 toilets to support the community and health centre.

Dr Ken Zikhale Ng’oma donating items to his constituents

The area’s Senior chief Fukamapiri   has been appreciative of the donation and did not hide his excitement when he said “Since 1964 we have been deprived of toilets and first time for someone in Hon Zikhale position to provide us  the solution to the problem. I and my people in my community we are so grateful and commend the good work Honourable Zikhale Ng’oma is doing in my area”.

He went further to say “Another thing which has pleased me and my people is the water project.  There is scarcity of water in this area and this man is able to identify and find the solution to the problem. We are happy with this current leadership of His excellence Dr Lazarus Chakwera”. 

Hon Zikhale then went to Tukombo area where he has delivered complete borehole system awaiting drilling and supplied materials meant for building 8 toilets at the market to minimize the pressure that has eliminated in the area because of lack of toilets in the market which is congested with people from various districts who come for fishing and buying fish. TA  Zilakoma lamented that he could have danced in appreciation if his health was well and admitted that the pressure for the toilets is indeed high and has great impact on the environment and water pollution.

Hon Zikhale next stop was Mughogho area where he made an initiative to build under 5 clinic with his personal funds and the area. The area is situated at hilly area which is impassable. People there depend on farming but are disconnected for major market because of road.  In this area he has supplied the following Iron sheets, cements, nails roofing and wire nails, paints timbers and other building materials. This gesture was well appreciated by Group Village Headman Chikuni  who claimed that since independence there have not had a Member of Parliament as development conscious as Hon Zikhale.

Speaking to 247Malawi, Honourable Ken Zikhale Ngoma  said he is there to serve the people of Nkhatabay who gave him the mandate to represent them in parliament “The community should be empowered to be able to use the proceeds for other development without involving the government, thats what I am doing , empowering the communities. I am also thankful to Dr Lazarus Chakwera for  the wonderful leadership that is giving hope  to the people of Nkhatabay  that now we have a president who will take care of their problems”

The honourable MP then went to Kalowa area where, apart from the supply the maizemill, he has given them 20 bags of cement to help them commission the maizemill. He then  went to Mfundi at GVH Nkhoma where he has built Under 5 clinic with his personal funds because of the distance to nearest health center which is Liuzi. In this area the following materials were supplied: 50 bags of cement, 90 pieces of timbers, 4 bags of lime, 4 door frame 5 Window frames, paints ,glasses and iron sheets

DPP thinks Nankhumwa showed leadership maturity against President Chakwera’s fury

The popular narrative currently circulating on the social and even mainstream media is that President Lazarus Chakwera ‘roasted’ Leader of Opposition Kondwani Nankhumwa during question time in Parliament on Thursday, September 11, 2020.

The reason propagators of this narrative are forwarding is that despite the fact that President Chakwera took time to respond to Nankhumwa’s ‘response’ of his SONA, the Leader of Opposition took an easy approach and chose not to ask some ‘tough’ questions as people expected.But wait a minute. President Chakwera was fulfilling a constitutional obligation to appear in Parliament to ‘respond’ to questions from MPs on obviously pertinent issues affecting our country. Instead, the President chose to spend almost over half of his allotted time responding to the response of Leader of Opposition to his SONA sentence by sentence.

Why? There should have been a reason why President Chakwera decided to use his first time in Parliament as President of this country almost wholly responding to Nankhumwa. The immediate answer is that he found the response by Leader of Opposition to his SONA as capable of denting his image and even curtailing his honeymoon as a President. It meant there was enough substance in Nankhumwa’s response worth responding to. He would have chosen the option of ignoring Nankhumwa if his response was of no consequence. He did not because that was simply not an option. CHAKWERA’S RESPONSE A SONA is not just a regular statement; it is a powerful tradition across many democratic countries in the world where Presidents are given an opportunity to articulate their vision for development.

Chakwera
Leader of opposition Nankhumwa

President Chakwera’s vision, therefore, could not have been ably articulated without drawing from politics; it was a political statement. In his response, Leader of Opposition Nankhumwa drew President Chakwera to the fact that his SONA skirted around main Tonse Alliance campaign promises such as free water and electricity connection; three meals a day; 1 million jobs in the first 12 months; tax free week, cheap fertilizer for all, cheap and non-renewable driving licences and passports, among others whilst at the same time focusing on an obscure Hi-5 agenda.

This was a very legitimate observation from the Leader of Opposition Nankhumwa. President Chakwera’s response to Nankhumwa’s ‘response’ did little to help matters. Instead of dissuading the narrative that his SONA avoided the main campaign promises for Tonse Alliance, Chakwera focused on attacking Nankhumwa on mundane things such as sentence construction and facts on why Kamuzu is not the ‘Father and Founder of MCP’, which, to say the least, is a useless undertaking considering that he should have optimized his time in the Chamber. This approach also only fueled accusations that President Chakwera and his team are only interested in flowery English language with very little on substance. Meanwhile, the narrative that he avoided main Tonse Alliance campaign promises still stands.

Just a recap, the Tonse Alliance comprises nine political parties with MCP and UTM being the main ones. The Malawi Congress Party has a Hi-5 agenda whilst UTM promoted concepts like three meals a day; 1 million jobs in the first 12 months; free electricity and water connection, among others. The alliance promoted some kind of amalgamation of these campaign themes, and for Chakwera to present a SONA with only an MCP agenda with truncated UTM promises, eyebrows had to be raised. Some can argue that it was no business for Nankhumwa to point this out but who is better-placed to do that at this very early stage?Perhaps Nankhumwa could have done better in the phrasing of his question.

He should have asked Chakwera whether it is still relevant to call his government an MCP government or a Tonse Alliance government. This may look like a small question now but it is only just a matter of time before Malawians will be forced to revert to it. Whereas President Chakwera came to Parliament with guns blazing and fully prepared to ‘demolish’ the Leader of House, Nankhumwa deflated a visibly angry President with a master stroke. He advised the President to “take it easy”. All in all, the Leader of Opposition Nankhumwa showed leadership maturity; his strength is in his calm and collective approach to issues. President Chakwera displayed the same anger and restlessness he used to display when he was Leader of Opposition a few months ago. He must improve.

Press Corporation plc Half Year Profit Up 14%

0

Conglomerate Press Corporation plc has posted a 14% increase in profits after tax for the first half of the year to K12.69 billion from K11.16 billion over the same period last year.

In a statement announcing the half year financial results signed by newly appointed Chairman of the Board Randson Mwadiwa, Director Betty Mahuka, Group Chief Executive Officer Dr George Partridge and Group Financial Controller Elizabeth Mafeni, the listed conglomerate said the results were achieved in spite of uncertain political atmosphere and the impact of Covid-19 pandemic.

“These results were achieved in spite of a challenging operating environment orchestrated by political uncertainties and a tense atmosphere in the run up to the fresh presidential elections as well as the impact of the COVID-19 pandemic which has had a significant impact on the economy,” reads the statement in part.

Press Trust CEO George Patridge

On the segmental performances, Press Corporation plc hailed its financial services segment especially National Bank of Malawi (NBM) plc for satisfactory performance after registering a 16% increase in non-interest income and a 7% and 11% growth in customer deposits and the loan book respectively.

Press Corporation plc however cautioned that increase in non-performing loans in the midst of the Covid-19 pandemic poses a major risk.

The Malawi Stock Exchange (MSE) listed conglomerate explained that its telecommunications segment which includes mobile phone company TNM and fixed telephony and board band company Malawi Telecommunications Limited (MTL) registered a 24% decline in its profit after tax.

“The fixed line company continued to make losses, albeit, lower than same period last year. The mobile phone company registered a 29% decline on its net earnings. The general trend of reduction in voice usage and the mandatory order by the regulator to lower costs by 40% on all mobile money transactions could not be compensated by the revenues emanating from the increase in data usage,” reads part of the statement.

The energy segment comprising of ethanol manufacturing companies Press Cane Limited and Ethanol Company (EthCo) delivered excellent results and more than doubled its profit after tax.

“The upside was from a new product line of hand sanitizers in the wake of the COVID-19 pandemic, the production of which was supplemented by carry-over feedstock,” reads the statement in part.

In the consumer goods segment which comprise of retail chain Peoples Trading Centre (PTC) made a loss but ‘is expected to improve following a change in strategy to reduce the company’s footprint and streamline operations to improve efficiency and reposition the company as an upmarket brand’.

Press Corporation plc noted that The Foods Company Limited trading as ‘Maldeco’ could not meet planned revenues due to the impact of COVID-19 on the supply of feed.

“Business is expected to pick up as the pandemic situation improves. Likewise, the real estate business (Press Properties Limited) registered a decline in its net profit due to the impact of the pandemic on the business,” reads the statement in part.

On equity accounted businesses, joint ventures PUMA, a fuel distribution company and Macsteel, a steel processing and trading company and other associated companies, Limbe Leaf, a tobacco processing company and Castel, a bottling and brewing company, Open Connect Limited, a telecom fibre back bone infrastructure company, Press Corporation plc said it was impressed with the results of this segment.

“The segment delivered excellent results and the Group’s share of profit increased by 43%. The performance was driven by improved results in the brewing and bottling business which registered an 89% improvement in its profitability.”

“Both the fuel distribution and the steel manufacturing businesses registered a decline in their profit after tax on account of the impact of Covid-19. Similarly, the tobacco processing business reported lower revenues due to delays in shipping of its tobacco occasioned by the Withhold Release Order by the US government on Malawi tobacco which has since been lifted,” reads the statement in part.

The firm also said the economic outlook for Malawi appears promising following the successful fresh presidential elections, while the COVID-19 pandemic continues to present a significant downside risk to the economy adding that building on the strength of being reasonably diversified, the Group is positioned for continued satisfactory performance.

The Press Corporation plc resolved to pay an interim dividend amounting to MK721.20 million (2019: MK721.20) representing MK6.00 per share (2019:MK6.00 per share). The dividend will be paid on Friday, 26th October 2020 to members whose names appear on the register as at the close of business on 18th October 2020.

900 Families that owned Mangochi Airport land still waiting compensation from Govt

0

About 900 families at Namiyasi in Mangochi district whose land were earmarked for the International Airport Project have not yet received compensations from the government with two months to go before the agriculture season.

Four hundred hectares of land at Traditional Authority Mponda in the district were earmarked for the construction of an international airport by the immediate past Democratic Progressive Party (DPP) administration.

Victoria Kingston MP

Speaking in Parliament, Member of Parliament for Mangochi Central, Victoria Kingstone said the villagers are currently stranded as they have no place to cultivate. She asked the government to move with speed in compensating the villagers.

“About 900 household surrounding the proposed Mangochi International Airport site are in dilemma, they do not know where to cultivate because their land was earmarked for the airport,” said Kingstone while appealing to the Tonse administration to bail them out.

The Mangochi Central legislature, Kingstone also asked President Lazarus Chakwera administration not to abandon the airport project saying it will help in job creation online with the Tonse Philosophy of creating one million jobs.

The African Export-Import Bank (AFREXIM) and Malawi government signed a multi-billion kwacha agreement for the construction of the International airport and a five star hotel in Mangochi.

FDH Bank gifts Giddes Chalamanda with a K2 million grocery store

One of the country’s commercial banks FDH Bank has handed over a well constructed and fully stocked grocery store to legendary musician Giddes Chalamanda.

The plight of the 90 year- -old veteran musician of the “Buffalo Soldier” fame came to light some months ago after he did a mashap collaboration with the prolific singer Patience Namadingo who is the brand ambassador of FDH Bank.In the quest to alleviate the hardships that Chalamanda is facing, Namadingo engaged FDH Bank which built the grocery store for Chalamanda and it has stocked it too.

Speaking after handing over the facility to Chalamanda at Chalamanda’s base in Njuli ,Chiradzulu, the marketing manager for FDH Bank Ronald Chimchere said as a home grown bank they prioritize uplifting lives of locals. Also speaking at the function, Namadingo oozed excitement seeing that now the legendary singer has a reliable source of income.Namadingo said initially it was hard for the octogenarian to make ends meet but now the help is at the door step.

Expressing his joy the visibly happy grey haired musician commended FDH Bank for bailing him out. The store will also be offering FDH’s Banki Pakhomo services to the community around Njuli. –