Category Archives: Business

Police arrest ex-Reserve Bank of Malawi Officials, Former Governor Kab...

June 28, 2021 no comments

The Malawi Police Service has arrested former Reserve Bank of Malawi (RBM) Deputy Governor Henry Mathanga, retired Director Rodrick Wiyo and Manager Leya Ndonga in connection to the suspicious transf...

World Vision International Employee convicted in court for Facebook po...

June 23, 2021 no comments

Ignatius Kamwanje has been convicted by the Lilongwe Chief Resident Magistrates Court for alleging that National Bank of Malawi clients had their money stolen from their accounts. Kamwanje who is an ...

Charles Mchacha, Vuwa Kaunda and Lloyd Muhara plead not guilty in Kanj...

June 10, 2021 no comments

Former cabinet ministers Charles Mchacha and Symon Vuwa Kaunda together with former OPC Lloyd Muhara and Secretary to Ministry of Defense Bright Kumwembe have pleaded not guilty to all charges levell...

Mapeto Tax Evasion Case Adjourned to next week Thursday 3 June 2021

May 29, 2021 no comments

The sensational case of Faisal Gaffar Latif owner of Mapeto David Whitehead & Sons and other high ranking officials in the company as well as two MRA Officers in a suspected K10.8 Billion Tax eva...

Dedza man commits suicide after wife refuses to sell their only pig

May 26, 2021 no comments

A 23-year-old man in Dedza has committed suicide after his wife turned down his proposal to sell their only pig. The deceased has been identified as Leonard James of Sumbi Village in the area of Trad...

Mapeto K10 Billion Tax Evasion case shifted to Chief Resident Magistra...

May 25, 2021 no comments

The five accused officials and directors from Mapeto DWS have been granted bail and their case has been moved from the Senior Resident Magistrate Court to the Chief Resident Magistrate’s court ...

Two MRA Officers implicated in Faizal Latif’s Mapeto K10 Billion...

May 25, 2021 no comments

Lawyers representing the Malawi Revenue Authority (MRA), Anthony Chungu and Beatrice Mwangwela, have added two more accused persons in the ongoing K10 billion Mapeto Tax evasion scandal. While not di...

Faizal Latif of Mapeto Wholesalers to spend one more night in jail bef...

May 24, 2021 no comments

Faizal Gaffar Latif the Asian business tycoon is set to spend one more cold night in the cooler following his arrest on tax evasion charges following an investigation by the Malawi Revenue Authority ...

Faizal Latif of Mapeto David Whitehead arrested for Tax Fraud alongsid...

May 24, 2021 no comments

Notorious Asian businessman Faizal Gaffar Latif has been arrested together with his son and other high ranking officials from Mapeto David Whitehead for charges related to the evasion of tax amountin...

GODFREY ITAYE WAS ILLEGALLY APPOINTED AS MACRA DG- SAYS OMBUDSMAN

May 10, 2021 no comments

By Esther Manduwa Ombudsman Martha Chizuma has said the appointment of Godfrey Itaye as Malawi Communications Regulatory Authority (Macra) Director General (DG) in 2015 was illegal and irregular citi...