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Chakwera safely arrives in Tanzania

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By Linda Kwanjana

Malawi State President Dr Lazarus McCarthy Chakwera has arrived safely in Dar es Salaam for Africa Human Capital Heads of State Summit.

Writing on his official Facebook Page, President Chakwera said the meeting was so important especially coming at a time when the country is going through global challenges.

“The First Lady and I have arrived safely in Dar es Salaam for the Africa Human Capital Heads of State Summit convened under the theme ‘Accelerating Africa’s Economic Growth: Boosting Youth Productivity by Improving Learning and Skill’”



Chakwera added “The summit has come at an appropriate time for Malawi in view of the overlapping local and global challenges of the past few years that have constrained growth of human capital and further complicated our recovery efforts,”

He said these challenges comprise Covid-19 pandemic, the war in Eastern Europe, rising inflation, disrupted global supply chains and natural disasters induced by climate change.

“We are here to deepen engagement with other stakeholders and unlock sustainable investments towards the triad of Education, Health and Skills in line with our aspirations in the Malawi Vision 2063 under Enabler #5, Human Capital Development,” he said.

Chakwera says human capital key for SDGs attainment

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By Linda Kwanjana

Malawi President Dr Lazarus McCarthy Chakwera says human capital remains key for Malawi to attain Sustainable Development Goals (DDGs).

Speaking at Kamuzu International Airport in Lilongwe on his departure for Dar es Salaam, Tanzania, where he is destined to attend tge Africa Heads of State Summit on Human Capital.

Chakwera said with human capital , Malawi can be turned into an inclusively wealthy and industrialized nation.



Said the President: “When you are talking about Malawi 2063, so we become an inclusively wealthy industrialised, self reliant nation, and when you are talking about SDGs 2030, these things can’t really happen without human capital development. You will notice that our vision is youth centric, and so the young people will need to be educated, stay healthy and have innovative minds that are capable of creating that future.”

Chakwera said healthy and well nurtured youths are the engine for social and economic development growth.

The World Bank supported meeting will be held on Wednesday, 26th July, 2023.

A statement from the ministry says during the deliberations, President Chakwera will address the summit to promote Malawi’s interests in health, labour, youth empowerment, education and early childhood development for the achievement of Malawi 2063 of the African Union.

“Their excellencies the president and the first lady are expected to return home on Thursday 27th July 2023 at 7 : 30 hrs,” reads part of the statement.

The theme for the summit is ‘investing in people for building a high productivity, inclusiveness, resilient economy.’

Chakwera says youths are a catalyst for social and economic development

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By Cedric Nkungula

President Dr. Lazarus McCarthy Chakwera says healthy and well nurtured youths are the engine for social and economic development growth.

Chakwera made the remarks on Tuesday 25th July 2023 at Kamuzu International Airport before leaving for Dar es Salaam, Tanzania where he is set to attend Africa Heads of State Summit on Human Capital.

Speaking to the media before departure, the Malawi leader said Malawi can not achieve the vision Malawi 2063 Agenda as well as SDG’s 2030 if youths are left behind.

“Our vision is youth centred and so the young people will need to be educated to stay healthy and to have innovative minds that are capable of creating that future,” he said.

The World Bank supported meeting will be held on Wednesday, 26th July, 2023.

A statement from the ministry says during the deliberations, President Chakwera will address the summit to promote Malawi’s interests in health, labour, youth empowerment, education and early childhood development for the achievement of Agenda 2063 of the African Union.

“Their excellencies the president and the first lady are expected to return home on Thursday 27th July 2023 at 7 : 30 hrs,” reads part of the statement.

The theme for the summit meeting is ‘investing in people for building a high productivity, inclusiveness, resilient economy.’

NBS Bank reaps from digital technology investment

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By Linda Kwanjana

NBS Bank Plc has attributed its impressive growth of Profit-After-Tax for the year 2022 to investment in digital technology.

The Bank’s board chairman, Vizenge Kumwenda said this during the 19th Annual General Meeting (AGM) in Blantyre where he announced the growth of the Profit-After-Tax from K7.7 billion to K18.9 billion representing an increase of 146%.



“The Bank invested in technology to support digital transactions; focused on development programs for its staff and customer service over the past five years. The investments allowed the Bank to offer convenience and significantly improved customer service to its customers which in turn contributed to growing transaction volumes and related income.”

“Further, customers entrusted the Bank with more deposits in 2022 as manifested in the growth of customer deposits by 67% year-on-year.”

“It is pleasing to report that the results of a customer survey for the year 2022 demonstrated that the Bank’s customers were satisfied and loyal to the brand. This is a reflection of the effort the Bank has been making in addressing customer pain points and positioning the Bank in the digital era. Moreover, a staff satisfaction survey of 2022 indicates that the Bank’s staff are engaged and consider NBS Bank Plc a great place to work,” said Kumwenda.

During the AGM, the Bank also announced that its share price rose from K20 per share as at December 31, 2021 to K34 per share as at December 31, 2022 representing a 70% capital gain.

“The share price has since risen to K90 per share as of 1st May 2023 on the back of the 2022 results. Dividends payable to shareholders out of 2022 profits, including proposed dividends approved at the Annual General Meeting (AGM), amounted to K3.3 per share, up from K1.35 per share representing a year-on-year increase of 144%,” said Kumwenda.

Minority Shareholders Association general secretary, Frank Harawa commended NBS Plc for the growth.

“This is a great milestone and we can say that patience really pays. As shareholders, we recall the time the company was not doing well, and the chairperson assured us that the board was working on turn-around strategies. So glad for us to witness that achievement today,” he said.

President Chakwera brings joy to people of Zomba, completes construction of modern hospital

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By Linda Kwanjana

Malawi President Dr Lazarus McCarthy Chakwera Government has finally completed construction of Zomba District Hospital.

The completion of this project will help to ease the lives of people from the old capital in terms of access to health.

Currently people in Zomba are praising Chakwera for this enormous development.

Speaking during his state of the nation address (SONA), Chakwera told Malawians that his Government is more willing and committed to change health landscape in the country which has suffered due to underfunding.



Chakwera said his Government has already successfully installed 894 solar direct drive fridges, constructed cold rooms in Zomba, Mzimba South and Mangochi districts, installed 35 solar backup power systems at district vaccine stores, and procured vaccine refrigerated vehicles.

President Chakwera has successfully delivered the promise of establishing the Public Health Emergency Operating Centre (PHEOC) which is now fully functional as a command centre for supporting emergency response efforts in the event of any crisis, including Polio, Covid 19 and Cholera.

Chakwera Government has managed more success stories which include reducing new HIV infections and reached the UNAIDS treatment targets.

Chakwera Government target was to reduce new HIV infections from 33,000 to 11,000 between 2019 and 2025, and as of today, the reduced new infections remains at 17,700.

The current Government apart from infrastructure development has managed to make remarkable progress in
efforts to reach the UNAIDS 95-95-95 treatment targets and currently, Malawi is at 95-99-94 on these targets.

Currently, Malawi target of reducing maternal deaths to 350 per 100,000 live births is on course.

Since February 2022, Malawi has trained 523 skilled birth attendants in Basic Emergency Obstetric and Newborn Care
and procured 74 ambulances with ORT funds and 76 with support from the Global Fund.

At the same time these efforts have led to a reduction in maternal deaths to 349
per 100,000 live births, according to UNICEF.

The good news does not end there regarding family planning, in the past two years, Malawi has conducted training and mentorship programs for 489 pharmacy personnel and service providers in supply chain management and logistics.

This has increased the modern
contraceptive prevalence rate from 38.1% in 2012 to 62.1% for married women in 2022.

All good news cited above compounded by completion of Zomba Hospital signifies how committed President Chakwera is in improving health sector.