National Bank shareholders are laughing all the way to the bank after the bank announced a healthy profit made despite the challenging business environment.
The bank has declared a profit after tax of K34.2 billion for the year ended December 2021 representing a 52 percent increase from the 22.4 billion registered in 2020.
The Bank’s Acting Board Chairman, Jimmy Lipunga, made the remarks at the 50th Annual General Meeting at the bank’s resource centre in Blantyre.
Among others, shareholders are expected to ratify a new board of directors for the bank.
National Bank remains one of the top banks in Malawi
We break and reveal with pictures and video clips that the Finergy Petroleum for which Mr Chris Chaima Banda, Former Adviser to President Chakwera was illegally recorded and the three (Newton Kambala, Enoch Chihana and Chaima)were charged and are in court in a case where they are being accused of trying to influence Miss Helen Buluma to give it a contract, is now in Malawi for real, supplying NOCMA thousands upon thousands of tonnes of the black Gold, without a contract or a tendering process.
Their 6 tankers were at NOCMA’s Kanengo depot since last week to offload fuel to NOCMA.
According to the pictures seen, Malawians need to admire the evil of hypocrisy and how real thieves create a smoke screen behind which they hide is holy robs while putting individuals and their families in distress and finacial quandary, while they wine and dine from their illgotten harvests. Squandering those who just wanted to serve the nation with every passion and love for our beloved country.
In her testimony in court, Miss Buluma lied to the court that they blacklisted Finergy. That it is not allowed to do any business with Malawi. Malawians, we are witnessing the Jesebel shredding the Tonse government to pieces.
The Cross examination of Miss Buluma will be an interesting episode, as the liar and her handlers and paymasters will be exposed and be put to shame.
When Finergy went to see the President in courtesy call. They made it clear that they had come to Malawi to buy a bidding document. Chaima Banda is heard in the clip reading this section of their presentation to the President. It is clear, ftom the recording that Finergy never came to Malawi to bribe anybody. They came to buy a bidding document. Finergy had indicated that as they do in other countries where they do business’s, they wanted to start investing in social corporate responsibility programmes in Malawi, conditional to them successfully winming a contract in a competitive tendering process. They had indicated to the President that they wanted to upscale their quantities from the 20,000 metric tones they had won by tender in 2019/ 2020 contracting year to 40,000 metric tones in the following year 2020/2021.
But Malawians here we are, without a new round of tendering for 2022/2023, Miss Buluma and her compatriots in this evil scheme against the three innocent people above, have entered a supply contract with Finergy while the case is in courts in which the three are being accused of attempting to influence her to award a contract to the same company.
Many see Miss Buluma as an agent who will surely bring the Tonse government down. For all the efforts and sacrifices that Malawians made to bring MCP and its partners to power, can you really afford to throw all that away at the hands of a DPP serving National Governing Council Member, in exchange for the “THING?”
In a meeting that took place at the office of Mr Chaima Banda, the former Chief Advisor to President Dr Lazarus Chakwera, which Miss Helen Buluma recorded illegally has been played this afternoon in the Chief Resident Magistrate’s Court in Lilongwe. In the recording , Chris Chaima Banda is heard emphasizing that the President does not want fuel suppliers to be handing money to individuals, but instead they should focus on supporting rural communities through social corporate responsibilty projects.
In the recording Chaima Banda is heard making a reference to a courtesy meeting that President Lazarus Chakwera had with Finergy, one of the suppliers of fuel to Nocma.
In the 52 minutes recording, Chakwera is being referred to as the “Principal” , “HE” and “His Excellency”.
NOCMA Acting Director Helen Buluma
According to the clip , a voice purportedly of Chaima Banda claims that the Principal had vested interests in the fuel contracts as far as he wanted Malawians to benefit from all contracts that would be awarded through a merit based competitive bidding by ensuring that these companies supported his vision through community investments in social corporate responsibility projects.
Chaima Banda is heard telling Buluma that the President wanted Finergy and all other suppliers upon winning awards to commit that they would undertake some corporate social responsibilities such as rehabilitating health centres, as part of the deal. No where in the conversation is Chaima making reference to bribes. In principle Chaima Banda makes it categorically clear that the,suppliers,should not indulge in habits of bribing officials at the expense of Malawians. Miss Buluma is heard in the recording asking trapping questions to Mr Chaima Banda without much success. From the recording it is now becoming clear that she was working for and,with some people who sent her to get all the three suspects on the wrong footing.
It is alleged that Miss Buluma,has recorded a lot top officials in the Tonse government and,she is using such recording to blackmail them to keep her in the job at NOCMA, despite evidence that she is giving information to DPP top brass on exchanges of money currently going through the currently awarded NOCMA deals of which Finergy and Orexy are not part of. The Cross Examination of Miss Buluma starts tomorrow when her story can be tested. to stretching limits.
The United Democratic Front (UDF) woke up on Sunday with a new leader without following the resignation of its President Atupele Muluzi.
Atupele’s sudden exit from active politics has surprised many Malawians considering the that Atupele was destined to continue the Muluzi political dynasty as the once powerful ‘’people’s movement” was reduced into a family property.
But this should not surprise much, the truth is that the young Muluzi was pursuing an impossible dream. Atu, as is popularly known, inherited a party on decline and out of touch with most Malawians. Malawians refused to be the enablers of the Muluzi’s dynasty. They could not fathom of the idea of seeing another Muluzi in the state considering Bakili Muluzi’s corrupt legacy.
When Bingu Wa Mutharika ditched the UDF and formed his Democratic Progressive Party (DPP) in 2005 some people speculated that Bingu left the (UDF) because he did not want to honour the agreement he had with his predecessor that handpicked him to be the UDF torch bearer against the top establishments. It was rumoured that Bingu was only chosen only to warm the seat for Muluzi’s son who had not attained the age of 35 to contest for the presidency as required by Malawian law.
Atupele Muluzi
Like the death of Adolf Hitler, this has remained one of those many rumours regarding their acrimonious end. But looking back, this speculation is growing credible enough to down play. In 20014 Bingu would have finished his ten-year tenure in office and Atupele would have not only been of age for the presidency but wound have also accumulated some experience as his entry unto politics coincided with the ascendency of Bingu to the presidency in 2004. The Young Muluzi went on to become a three-time legislature of Machinga South East constituency the same year (2004). But Bingu had other ideas, he did not want to become Muluzi’s puppet.
Was it surprising that pursuant to that grand scheme, the senior Muluzi staged another come back on the ballot in 2009 elections in the name of trying to deflate the tyre he inflated, meaning he wanted to oust Bingu Wa Mutharika he helped to become the state President. I hope memories are still fresh of Atcheya when the High Court ruled that he cannot feature again on the ballot having served two conservative terms from 1994 to 2004. When the court was making the determination, the UDF had no plan for eventualities in case his candidature was denied, as a result he forced the UDF to partner with MCP a mission that failed miserably. Mukuzi in his to push Mutharika out of power, he forced his long-term rival John Tembo to partner Brown Minganjira as his running mate.
For years, the old Muluzi fought anyone standing in the way of his son’s presidency in the UDF. When Bakili Muluzi retired from politics he handed over the leadership to Friday Jumbe who was his Finance Minister but before long the faction emerged in the party, the other faction was vouching for Atupele, with the party’s Secretary General drumming support for the young Muluzi. Addressing the press conference in Blantyre on Tuesday 10 January 2012, Jumbe, the embattled acting President intimated that the division in the party at that time was precipitated by the former president with the aiming of imposing his son. ‘’Bakili Muluzi’s hand is now no longer invisible in all mechanization to bring disorder in the party. Muluzi had wanted to stay in power that’s why he brought an outsider Bingu Wa Mutharika when the third term failed and when his come back failed too he is bringing his son Atupele. This is an indication of a greedy leader who do not want to see others take over power,” Jumbe was quoted in Nyasatimes edition of 10 January 2012 With the help of his father the young Muluzi prevailed and he was made the party president at the 2013 party convention. In 2018 he was again endorsed as the 2019 presidential candidate.
However, Atupele had a difficult job ahead because as of 2013 this party which enjoyed national appeal and had the strongest base in the Southern and Eastern Regions was reduced into a two districts entity. The DPP took control of the entire Southern region and made the once mighty UDF strong hold its hunting ground. When Atupele was made the president in 2013 he found the party with 24 members of parliament. He has exited the political stage with only 10 legislatures having lost the presidential elections in 2014 and 2019 elections with well over 700 000 votes and 235 000 votes respectively and losing his seat in the process.
The UDF has been dying, the old Muluzi being the architect of its demise. In what others could describe as the tragic fall, the parity’s downward spiral started with the third term. When the third term was foiled Bakili Muluzi became bitter with the party’s establishments’ such that he opted for an outsider, Bingu to be his successor overlooking the party stewards like Justin Malewezi, Aleke Banda, Cassim Chilumpha, Sam Mpasu, George Nga Mtafu whom he demeaned publicly by calling them madeya (political midgets). Subsequently these people broke ranks with Muluzi. Malewezi his partner for ten year went on to stand as an independent presidential candidate in the 2009 elections and Aleke Banda became the president of People’s Progressive Movement (PPM).
Perhaps the young Muluzi understand that he has overstayed his welcome on the political scene so he has to stay away from it. Sadly he left a fractured party in the hands of a woman. Lilian Patel’s ascendancy to the leadership of the yellow party is understandable being the most senior member of the party. Mrs Patel has been with the party through thick and thin. But as impeccable as her personality may seem, her choice as an interim leader is an expression of something unsaid from the Muluzi’s. Mrs Patel is very close to the Muluzi’s and it is no brainer that the Muluzi’s are sticking around. Like the ghost, their picture will continue to loom large in her time as the party leader.
If not for Muluzi’s manipulative politics, one would be tempted to believe that finally the new dawn has arrived in the UDF, but knowing Muluzi’s politics surely, he is up for no good and he is scheming for something. She may just be there to keep the position safe for the second return of the crowned Prince. End-
In its quest to improve the delivery of education services in the country, the Ministry of Education ( ME) says it is setting up a special teacher’s council to help the move.
Deputy Minister of Education Monica Ching’anamuno said this during the official opening of Teachers Union of Malawi ( TUM) congress held on Saturday May 28,2022 at Crossroads Hotel in Lilongwe.
Ching’anamuno said the main function of the council is to register, deregister and license teachers, promote professional and ethical standards in the teaching profession, and to advise the Minister of any matter related to education.
She said” As I stand here, all preliminary process have been finalized.
Deputy Minister of Education Monica Ching’anamuno
” I will be failing in my duty if I do not mention the aspect of teacher morals and ethical standards.
” When they say the quality of an education system equals the quality of its teachers, does not only speak to academic competences but also to moral values, ethics and attitudes,” she said.
She said the discipline of teachers in any education system goes a long way in calculating a culture conducive for the acquisition of knowledge, skills, values and attitudes.
The Deputy Minister said she is aware that TUM will join her Ministry to help in developing the said Teachers’ Code of conduct which is due to the destination.
” I am reliably informed that TUM is ready to accompany my ministry on this journey of ensuring that teachers in the system abide by the highest code of conduct as stipulated in the tool which was consultatively developed,” said Ching’anamuno.
On teachers promotion, the Deputy Minister said the Ministry is aware that promotion of teachers has been another challenging area in the education system as there is still a large number of teachers that have served on one grade for a long time without a promotion.
She assured that her Ministry has commissioned a functional review to open up spaces at the entry level as well as opening up spaces in the ranks above the entry grade in order to allow for upward movement of teachers through promotional interviews at local councils.
She disclosed that some district councils have already started the interviews and teachers await results.
” My Ministry will ensure that teachers who are successful in their interviews are issued their letters of promotion and that they begin to get their new salaries on their new grades timely,” assured Ching’anamuno.
This year’s TUM congress was being held the theme ‘ TUM makes us strong, Resilient and Purposeful Driven’.
