Category Archives: Business

Henry Mathanga Arrested: Former Reserve Bank of Malawi Deputy Governor...

March 10, 2022

Henry Mathanga, the former deputy governor of the Reserve Bank of Malawi (RBM) was yesterday arrested and released on bail on charges relating to the falsifying of financial information presented to ...

Karim Batatawala’s Platinum Investment Limited and Henry Dama Ph...

March 7, 2022 39 comments

The wrangle for land between the Department of Museums and Platinum Investments Limited has been settled with the Department reclaiming legal owenrship of the land in a heavily contested court battle...

State fails to serve disclosures in Abdul Karim Batatawala case

February 25, 2022 11 comments

Lawyers representing Businessman Abdul Karim Batatawala have written the Blantyre Magistrates court notifying it of the failure of the State to comply with the courts order to serve disclosures to th...

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

June 28, 2021 3 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 3 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...