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Vanguard Life Assurance commits to female staff empowerment

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By Chisomo Phiri

Vanguard Life Assurance Company Limited on Friday hosted a staff empowerment event aimed at enhancing the professional and personal growth of its female employees.

The event was part of the company’s commitment to female staff development and empowerment.

In an interview with journalists,Vanguard Life Assurance Company Limited Managing Director, Dr. Lillian Moyo,said the event was designed to bring in professionals who could empower staff with knowledge and skills to accelerate their careers and personal lives.



“Our expectation is that our female employees will come out of this event as better-equipped and more confident individuals.

“We want them to acquire knowledge and skills that will enable them to take charge of their own careers and personal lives,” said Dr.Moyo.

She added:”Many women struggle to advance in their careers due to lack of empowerment and confidence

“We want to equip them with the skills and knowledge they need to compete equally and take on leadership roles.”

Dr. Moyo emphasized the importance of empowering women in the workplace, particularly in taking on leadership roles.

The event covered various topics, including etiquette, professional development, and personal growth.

On her part,a retired National Bank of Malawi(NBM ) employee who is now a successful entrepreneur and farmer,motivated the of Vanguard Life Assurance Company Limited female employees on the importance of professional etiquette.

Magola, who was invited by the company to share her expertise, emphasized that etiquette is crucial for individuals to prosper in their careers.

She highlighted that each company has its unique etiquette, but there are general principles that professionals should follow.

During her presentation, Magola covered key aspects of professional etiquette, including self-presentation, communication, and courtesy.

She stressed that employees’ appearance, communication skills, and behavior play a significant role in attracting and retaining customers.

“In a financial institution like Vanguard, how employees present themselves to customers can make or break business deals.

“It is essential for employees to be mindful of their appearance, communication style, and behavior, as these reflect on the company’s image,” said Magola.

She also discussed the importance of proper communication, both within the organization and with customers.

Magola emphasized the need for employees to be professional in their written and verbal communication, including emails and social media interactions.

In addition, she touched on the significance of social media etiquette, cautioning employees to be careful when using social media platforms, as they can either build or destroy the company’s reputation.

Her presentation also covered table manners and courtesy, highlighting the importance of respecting colleagues and clients, using proper titles, and following basic etiquette rules in professional settings.

Mumba cautions cartels on black market rates

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By Durell Namasani

Minister of Trade and Industry, Vitumbiko Mumba, has revealed the worst forms of cartels operated by unscrupulous businessmen who are trading USD at K10,000 on the black market to make Malawians blame the Chakwera-led government for the economic crisis. 


The revelation follows recent business premises inspections conducted by the Ministry of Trade and Industry, alongside officials from the Competition and Fair Trading Commission (CFTC) and the Malawi Bureau of Standards (MBS). 

The Ministry, in collaboration with its stakeholders, has been conducting inspections to check business compliance with laws affecting their operations, such as the Control of Goods Act, the Competition and Fair Trading Act, and the Business Licensing Act.

During the recent operations, Mumba noted a wide range of malpractices, including cooking oil manufacturing companies illegally pressuring other producers to increase prices using unorthodox means. 

He also highlighted the act of hoarding essential commodities such as sugar with the aim of selling them at a higher price, as well as the illegal exportation of these goods. 

Mumba further expressed the government’s commitment to enforcing the Essential Goods and Services Act, the Economic Sabotage Act, and reviewing the Business Licensing Act of 2012, among others.

Ministry of Trade denies receiving request for emergency meeting

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By Shaffie A Mtambo

The sugar shortage in Malawi continues to worsen, with prices skyrocketing and consumers feeling the pinch.

Despite the Centre for Democracy and Economic Development Initiatives (CDEDI) calling for an emergency sugar indaba to address the issue, the Ministry of Trade claims it has not received a formal request.

CDEDI executive director Sylvester Namiwa is adamant that the indaba is necessary, citing the persistent sugar scarcity in Malawi despite Illovo Sugar’s substantial profits.

However, Ministry of Trade spokesperson Patrick Botha asserts that the organization has not written to the government regarding the sugar conference.

Namiwa



Namiwa has expressed his dissatisfaction with the ministry’s response, threatening to expose the sugar cartel.

He argues that the same sugar is sold at a significantly lower price in other countries, and demands answers to key questions, including the agreement between Illovo Sugar and current sugar distributors, total tonnage produced, and quota allocations to local distributors.

The sugar shortage has led to a surge in prices, with Illovo Sugar Malawi recently adjusting its prices upwards.

A kilogram of brown sugar now costs K2300, while a kilogram of white sugar costs K2600 .

This has resulted in significant price hikes in essential commodities, including sugar (33%), cooking oils (57%), and soaps (70%) .

Champion Stadium up for sale, owner reveals

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By Shaffie A Mtambo

King Msayiwale Kabvina, the owner of Champion Stadium, has announced that the facility is up for sale.

Located in Mponela, the stadium has been a hub for football activity in the region, hosting several high-profile matches.

The latest match to be held at the stadium was a friendly encounter between Super League sides Kamuzu Barracks and FCB Nyasa Big Bullets on Sunday.

The match ended 2-1 in favor of Kamuzu Barracks, with the stadium’s facilities and infrastructure put to the test.

According to Kabvina, the decision to sell the stadium comes after completing the crucial part of the project.



As a businessman, Kabvina is looking to pass on the torch to new investors, who will take over the projects currently underway.

However, Kabvina was tight-lipped about the financial details of the project, including how much was invested and the asking price for the stadium.

The Champion Stadium started its operations in 2023 and has since become a popular venue for football matches.

The stadium’s legacy will live on, regardless of who takes over its ownership.

Breaking News: DPP vice president Alfred Gangata arrested over MSCE certificate issue

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By Jones Gadama

In a shocking development, Democratic Progressive Party (DPP) Vice President for the Central Region, Right Hon. Alfred Gangata, has been arrested by Kanengo Police and is currently being held at Kanengo Police Station.

According to police spokesperson Peter Kalaya, Gangata handed himself over to the police after learning that they were looking for him.

Kalaya revealed that Gangata’s arrest is connected to his MSCE certificate, which is believed to have been obtained illegally.

Investigations have shown that Gangata obtained his certificate in 2018 at Chitowe Community Day Secondary School in Dedza, allegedly as an external candidate.

Gangata



However, police have discovered that Gangata never enrolled at the school.

Kalaya stated that more arrests are expected, particularly those who aided Gangata in obtaining the certificate. Gangata is expected to appear in court today or tomorrow, once the police have completed their caution statement.

The DPP has described the arrest as politically motivated.

This development has sent shockwaves through the political establishment, with many calling for transparency and clarity on the reasons behind Gangata’s detention.