FDH Bank gives MK50 million food aid through BEAM Trust 

LILONGWE-(MaraviPost)-FDH Bank plc has given maize flour worth K50 million to the Beautify Malawi Trust (BEAM) to help address the food shortages facing families affected by the recent floods across the country.

The donation was handed over to the First Lady of Malawi and BEAM Matron, Gertrude Mutharika, during a ceremony held at Kamuzu Palace in Lilongwe on Monday.

The consignment comprises 2,820 bags of maize flour, including 1,420 bags of five kilogrammes each and 1,400 bags of 10 kilogrammes each.

The maize flour will be distributed to flood-affected households through BEAM’s humanitarian response programme.

Speaking at the handover ceremony, FDH Managing Director, Noel Mkulichi said the Bank was moved to act following the First Lady’s call for support to assist Malawians who have been severely affected by the floods.

“The heavy and persistent rains have caused widespread destruction, leaving many families without homes and food. As a responsible corporate citizen, FDH felt compelled to come forward and contribute towards easing the suffering of the affected communities,” said Mkulichi.

He said FDH Bank views its role as extending beyond financial services to national development and the welfare of Malawians.

“We believe that our responsibility goes far beyond banking. We are partners in national development and the wellbeing of our people. When communities suffer, we all feel the impact, and when they recover, the whole nation becomes stronger,” he said.

In her remarks, Mutharika commended FDH Bank for demonstrating compassion and urgency in assisting flood-affected families.

“I am grateful to FDH Bank for responding so promptly. This contribution will make a real difference to families who are struggling to put food on the table after losing so much to the floods,” she said

Mutharika added that BEAM is mobilising resources to deliver immediate relief as affected communities work to recover.

“Our goal is to ensure that no family is left without support in this period of hardship. With partners like FDH Bank, we are able to extend help to more people and restore a sense of dignity to those in need,” she said.

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When has MRA become a social media’s buzz listening tax agency to cancel legal binding tender out of someone’s anger, jealousy, malice?

By Deus Chikalaza

LILONGWE-(MaraviPost)-The Malawi Revenue Authority’s (MRA) decision to cancel a tender without providing reasons has sparked a heated debate about fairness, transparency, and the influence of politics in government procurement processes.

The move has raised concerns about whether the cancellation was motivated by a desire to exclude a particular bidder, specifically one linked to a government minister.

Why punishing a company for winning a contract simply because the owner is a minister is a clear case of unfair treatment.

If the company met the tender requirements, it should have been awarded the contract regardless of the minister’s position.

Out of three companies that were intended to be awarded security services contracts only one firm’s cancellation letter has been leaked to the public.

Why this unfairness of targeting an individual over someone bitterness, anger, malice, jealousy?

This approach undermines the principles of meritocracy and creates an uneven playing field for bidders.

MRA action also raises questions about the competence and integrity of the evaluation process.

The decision to cancel the tender due to social media buzz is also troubling.

It clearly suggests that taxing agency is more concerned with managing public perception than ensuring a fair and transparent process.

Surprisingly, the leaked tender cancellation letter was issued barely days after public notice of intending to offer the contracts following social media buzz and trial.

Surprisingly also MRA has acted swiftly without engaging the wining bidders.

The decision is made within days of public hearing without waiting final decision from tender evaluation Committee.

Whose interest is MRA serving?

This unrealistic approach can create uncertainty and undermine trust in the procurement process.

Re-advertising the tender may not necessarily address the underlying issues.

Without clear guidelines and transparency, the process may be vulnerable to similar criticisms.

To ensure fairness, the MRA should establish clear criteria for the tender process and communicate these to all stakeholders.

The re-advertisement should also include measures to prevent conflicts of interest and ensure that all bidders are evaluated solely on their merits.

One potential solution is to establish an independent evaluation committee to assess bids and make recommendations, reducing the influence of individual decision-makers.

Additionally, introducing stricter conflict-of-interest guidelines and disclosure requirements for bidders with government connections can help prevent undue influence.

The MRA’s decision to cancel the tender without explanation has highlighted concerns about transparency and fairness in government procurement processes.

Addressing these concerns is crucial to maintaining public trust and ensuring that government contracts are awarded based on merit rather than political influence.

Moving forward, the MRA should prioritize transparency and fairness in the re-advertised tender process.

This includes providing clear guidelines, ensuring independent evaluation, and communicating openly with stakeholders.

By doing so, the MRA can rebuild trust and demonstrate its commitment to merit-based procurement practices.

In conclusion, MRA must follow all due process not paying attention to social media buzz otherwise the tax agency will lose public trust and credibility.

MRA should not operate under political, personal vendetta influences with calculated move to frustrate capable firms to offer quality public services.

MRA must stand by legal process without being intimidated by some noisy Civil Society Organisations (CSOs), social media commentators who have political and personal interests.


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“No comment”-Gangata on MRA security services tender cancellation

LILONGWE-(MaraviPost)-State Minister and Masters Group Executive Director Alfred Gangata says “No comment” on the decision Malawi Revenue Authority (MRA) cancelling the security services the authority wanted to ward to three companies.

MRA wanted award security services to three companies including Masters Security, Iringa Security, and Kamu Guard services.

But in a public notice dated December 31, 2025, MRA has cancelled a tender awarded to all three companies without giving any reasons.

The authority is expected to re-advertise the tender to the public.

MRA publicist Wilma Chalulu has confirmed writing letter to the three companies.

When contacted Masters Group Chief Gangata on matter, he just said, “NO comment”!

The procurement reference number for the cancelled tender is MRA/Security Services/12/11/2025.


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NBM plc renovates Nankhwali Health Centre in Mangochi 

BLANTYRE-(MaraviPost)-National Bank of Malawi (NBM) has handed over a completed floor upgrade work worth K12 million at Nankhwali Health Centre in Mangochi, boosting healthcare service delivery in the area.

Established in 1956, the facility serves a catchment population of more than 11,000 people. 

Over time, the health centre faced a number of infrastructural challenges, including a damaged floor that affected daily operations and service provision.

Speaking during the handover ceremony on Tuesday in Mangochi, NBM plc Chief Executive Officer, Harold Jiya, said the upgrade was implemented under the bank’s Corporate Social Investment (CSI) programme, aimed at supporting institutions that deliver essential services to Malawians.

“As the ‘Bank of the Nation’, NBM plc, takes pride in serving the people of Malawi. This year, we committed K1 billion towards our CSI initiatives. When Nankhwali Health Centre approached us, we found it necessary to support the facility due to the large population it serves,” said Jiya.

He further commended the health centre’s administration for its dedication to improving the well-being of surrounding communities, adding that partnerships remain key to sustainable development.

In his remarks, the Right Reverend Montfort Sitima, Bishop of the Mangochi Diocese, welcomed the intervention, describing it as a timely intervention that will enhance healthcare delivery.

“As a health facility, we face numerous challenges in meeting the growing demand for services. We are often overwhelmed, but this support from the National Bank of Malawi will help us improve the quality of care we provide to our people,” said Bishop Sitima.

Speaking on behalf of patients, guardian Fatima Elison said the challenges they previously faced at the facility would now be a thing of the past.

“We experienced several challenges, including damaged floors that disrupted services. With this support, the hospital is now operating efficiently, and more women are confident to seek care here. We are grateful,” said Elison

During the handover ceremony, NBM plc also donated assorted items to mothers in the maternity ward as part of its Christmas season goodwill gesture.


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Instantly Elevate Jeans in These 17 Rich Mom Sweaters — Up to 60% Off

If you’re like Us, a sweater and jeans combo is part of your winter uniform — but that doesn’t mean your outfits should be basic (or require a splurge). Thanks to Nordstrom’s Half-Yearly Sale, you can score up to 60% off these 17 luxurious sweaters from Lauren Ralph, Vince Camuto, Free People and more. With these cozy, expensive-looking finds, you’ll appear rich and put together from coffee dates to business meetings.

Nordstrom’s sale event runs now through January 5, but don’t wait until then to shop. The best fashion pieces are disappearing before our eyes. Chunky knits, drapey silhouettes and buttery-soft fabrics are just a few elements to look forward to. Read on to grab a live-in sweater to wear now and all through May!

17 Cozy, Luxe Sweaters on Sale at Nordstrom — Up to 60% Off

1. Luxe Alert: Look like a Hamptons rich mom in this sophisticated cardigan that’s enhanced with gold buttons, a ribbed hem and a chic cape detail — was $109, now $49!

2. Fabric Snob-Approved: If you’re a fabric snob, you’ll adore this fuzzy boatneck sweater. Made with a blend of wool and acrylic, it’s stretchy, warm and breathable — was $90, now $49!

3. Pretty and Playful: Fair Isle sweaters aren’t just for Christmas. At 60% off, this darling CeCe option is flying off the shelves — was $69, now $28!

4. Free People: Give your wardrobe a boho twist with this wear-everywhere cardigan that comes in five colors (and are all on sale) — was $158, now $79!

5. Winter Staple: Turtleneck sweaters never go out of style. This plush BP. number has a slouchy, casual silhouette that we love — was $70, now 38!

I’m a Shopping Writer: These 21 New Year’s Fashion Deals Are Worth It

6. Petite-Friendly: Finally! A cardigan sweater that doesn’t overwhelm petite figures. This sparkle-embellished cardigan is truly for everyone and every winter outfit — was $89, now $60!

7. Oh-So Huggable: This boyfriend-style sweater is visibly soft and fluffy, so be prepared for hugs from everyone you encounter — was $80, now $44!

8. Royal Vibes: Imagine Kate Middleton‘s bow blouse style but in sweater form. This polished tie-neck cardigan should cost thousands — was $69, now $28!

9. Boutiquey Pick: Hundreds of shoppers give this everyday crewneck five stars, noting the trendy exposed seam, relaxed fit and endless color options — was $69, now $35!

10. Flower Girl: This knit cardigan has the cutest flower print that gives it a timeless and slightly groovy appeal — was $79, now $32!

11. Preppy Princess: Channel Nantucket socialite energy in this polo-style sweater that features three-quarter sleeves, front buttons and a spread collar — was $69, now $38!

12. Frills and Fuss: If you love the frilly things in life, this wool-blend sweater has your name on it. Ruffles and pointelle stitching are just two highlights — was $90, now $54!

13. So Splurge-Worthy: Score nearly half off this Fair Isle cardigan that reminds Us of Jennifer Lopez‘s Max Mara version — was $345, now $181!

14. Could Be Cashmere: Need a fail-proof sweater? This scallop-hem wonder delivers for day-to-day wear and special occasions alike — was $68, now $40!

15. Old Money: This wrap and sweater combo gives quiet luxury a new meaning. You’ll look effortlessly European — was $69, now $38!

16. Lounge Day: Sporty and lightweight, this rugby sweater is the perfect layering piece. We love styling it over a tank top and jeans  — was $59, now $32!

17. Timeless Pick: Cashmere fabric makes this elegant V-neck sweater as comfy as it is classy. We’re obsessed with the loose fit that hangs in all the right places — was $149, now $90!

I Used to Shop at Zara — Now, I’m Grabbing These 19 Affordable Lookalikes

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Old Mutual declares 60% unnuity rise, excites retirees with six months bonus

BLANTYRE-(MaraviPost)-Old Mutual Life Assurance Company Malawi has announced a 60% increase in annuity payments effective January 2026, alongside a once-off bonus equivalent to six months’ annuity, payable this December.

Speaking in an interview, Old Mutual Life Assurance Company Managing Director Mark Mikwamba said the announcement reflects company’s long-term commitment to protecting retirees’ financial wellbeing and dignity in retirement.

“This only shows the level of commitment to our promise to provide retirees with a stable, reliable, and lifelong income that continues to grow over time.

“The 60% increment and the six-month bonus are tangible proof that Old Mutual remains focused on delivering real value to our annuitants, even in challenging economic environments,” he said.

Old Mutual’s Annuity product is designed to provide guaranteed income for life, ensuring retirees remain financially secure long after leaving active employment.

The product is underpinned by Old Mutual’s strong investment management capability and a long-standing reputation for trust, offering competitive and consistently improving returns supported by annual increments.

According to Mikwamba, the annuity goes beyond regular income payments by offering additional protection through medical and funeral benefits, which help retirees manage rising healthcare costs and unforeseen expenses.

He said, “Retirement should be a time of peace of mind, not financial anxiety, our annuity product cushions retirees against life’s uncertainties and ensures that their income is protected and dependable throughout their later years.

“The declared increment directly responds to retirees’ desire for income stability and growth, while the once-off bonus provides immediate relief and recognition for years of service and contribution”.

Between 2015 and 2025, the annuity product recorded an average annual bonus declaration of approximately 23.2%, against an average inflation rate of approximately 19.1% over the same period.

This means there has been a long-term pattern of protecting purchasing power and supporting income growth for retirees.

The annuity product is available to pension members at retirement and is distributed directly to individuals, as well as through Principal Officers and Corporate Business Development Officers.


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