Chitipa United captain Chris Lwemba has become the first player to win the team’s player of the month award for the month of June.
The defender beat Rajab Nyirenda and goalkeeper George Chikooka who were also nominated for the award.
Lwemba has received K100,000 from Mvuma Group of Companies who are the main sponsors of the award.
Lwemba receiving a cheque from Mvuma Group of Companies official
The Chitipa-based side is currently in position five on the TNM Super League log table, just a point behind fourth placed Ekwendeni Hammers.
The team has so far managed to beat super league heavyweights Mighty Mukuru Wanderers and Nyasa Big Bullets and recently held Silver Strikers FC to a goalless draw in Lilongwe.
To overcome the challenge faced by Malawi Stock Exchange and Reserve Bank of Malawi in raising awareness to the general public on savings and investing in companies through shareholding,Minority Shareholders Association of Listed Companies (Misalico) has vowed to chip in and collaboratively work together to get More Malawiana buy shares.
Speaking during the Misalico shareholding literacy opening day program on Wednesday in Blantyre, Chief Executive Director for Malawi Stock exchange John Kamanga said it is worrisome to note that out of 19 million country’s population , slightly 50 percent of the people are listed as shareholders. The theme of the event was “Creating and building wealth through the Malawi stock exchange “
“We can openly inform you that if you can compare our country’s population which isn’t now 19 million, you will see that sightly 50 percent have shares a development which is worrisome” Said Kamanga
William Matewere-Misalico Literacy program Chairperson
Kamanga has since applauded Misalico for taking a brave step to embark on the journey together with MSE and RBM on raising awareness to people towards shareholding for people to understand.
In a separate interview,Chairperson for Misalico Literacy Program which is targeting the whole nation William Matewere said Misalico is fully geared to make a lot of people buy shares of their choice country wide.
“Misalico has seen how the share markets are trading ,we have come to bring a notable improvement by working together with MSE and Reserve Bank and anybody can support, it is not limited” said Matewere.
And on his part , Benedicto Bena Nkhoma,one of the investors and motivation speakers said he has experienced more profits in buying and selling shares he is now a billionaire.
In erasing mentality of women underrating themselves, another female motivation speaker Julian Somba Banda encouraged people to have a choice of a particular share for as according to their intended financial goal.
“I merely invested less than 100 million but I have made half billion Malawi kwacha,you can make your choice either by investing in Hotels,Banks and see a way through in life” she said.
The Malawi Stock Exchange (MSE) is licensed under the financial service Act 2010, operates under security Act 2010 and companies Act 2013.
It has been in existence since 1994 and started equity trading in November 1996 aiming at providing markets places for buyers and sellers of listed securities and it stated with 18 listed companies.
Member of Parliament aspirant for Lilongwe South East Constituency Josephy Msambathukuta Chasweka has encouraged the youths to take part in God’s work in order to shape their productivity and develop deeper knowledge to enable them become productive citizens of the country
Chasweka said this when he attended the fund raising ceremony of Mwala Central Church of African Presbyterian (CCAP) church of Nkhoma Synod in Lilongwe. The fundraiser is aimed at completing the Reverend’s house
Chasweka: Making a strong case for youth involvement
In his address,Chasweka said While elderly people are very important in the church, opportunities should also be given to the Youths “The youths are very productive and innovative, they discover the new things which our parents cannot, so is very important to involve the youths in the work of God but also in the community.” He said.
He said time has come for the churches to be financially independent so that they can be able to support themselves instead of relying on donors or the government.
On his part Mwala CCAP church leader Reverend Evance Amuna Majoni said the Nkhoma Synod Christians will always strive to take an independent approach and that the church members are happy to do things on their own without much reliance upon others. The Reverend said they are lessons that are learn and also sense of responsibility when church members take control of projects and try to do much themselves with the little that they have.
He further said that when the Christians are giving , those contributions can be used to take care of the poor and also to build some projects at the same time, the one giving will be blessed.
In his remarks one of the invited guests who came at the event , business mogul and also a church member of Assemblies of God Loyld Chimuna Phiri said in giving there is power, breakthrough and favour saying to those who are the partners of Jesus, God will not let them down.
Phiri added by urging the youths to take part in Godly’s things.
According to Majoni they are targeting to complete the house by early October this year which will cost them K15 million.
The ceremony brought together the block leaders of the community and the people from different churches.
One of the country’s top commercial institutions Ecobank Malawi has on Wednesday donated K5. 1 Blantyre Police Closed Circuit Television (CCTV) Installation Project.
The project is aimed at eradicating crime activities in the Malawi’s commercial city and its surrounding areas.
Speaking with journalists,the bank’s Chief Financial Officer Fabiano Makolija said the Central Business District of Blantyre and the banking business require maximum security hence their coming in with the financial boost.
“It is now time to make Malawi a crime-free city and that is why we are making this donation today,” he said.
On his part, South West Region Commissioner Richard Luhanga said robbers are becoming more sophisticated and that security institutions should up their game in fighting them.
“It is for this reason that we have embarked on this project, which will require about K18 million. We thank the corporate world [through players] like Ecobank for the assistance,” Luhanga said.
Currently,the Blantyre Police needs about K20 million for the CCTV installation project to be fully implemented.
The Malawi and Tanzanian governments have committed to double their efforts in the fight against crossboarder crimes such as smuggling.
This comes as the two nations seek to promote trade activities for their economic growth.
Malawi President Dr. Lazarus Chakwera and his Tanzanian counterpart Samia Suluhu Hassan have also resolved to continue cooperating in other areas such as transport, mining and tourism.
The two leaders made the remarks last evening at Kamuzu Palace in Lilongwe where the Malawi leader organized a state banquet in honour of the Tanzanian president who is in the country for a three day state visit.
Chakwera applauded Hassan, and people of Tanzania for being first responders during Tropical Cyclone Freddy that hit hard the country early this year.
“I recalled how our brothers and sisters from Tanzania mobilised rescue resources and humanitarian aid for thousands of Malawian families inconvenienced by the disaster.
“I also remarked that Malawi and Tanzania must build on the existing mutual goodwill to enhance cooperation by implementing a number of key projects that will facilitate socioeconomic growth for both populations,” said Chakwera.
The President said he has pledged that Malawi will invest adequate resources to bring the much needed infrastructure connectedness with Tanzania such as inmcithe Mtwara Corridor, Chitipa-Ilomba Road, Songwe River Basin Project and the Songwe/Kasumulu One Stop Border Post (OSBP).
Concluded Chakwera:”In Tanzania, Malawi has a treasured neighbour with whom we must pursue common development goals.”
Suluhu is expected to be in the country for three days and she is today attending this year’s 59th independence day celebrations in Lilongwe.
Among other things, the Tanzanian leader is expected to hold several bilateral talks with President Dr.Chakwera and she is also planning to visit communities affected by the recent Tropical Cyclone Freddy which killed over 500 people in the southern region.
