Malawi Government is seeking to increase a loan from local commercial banks to finance the Salima-Lilongwe Water Project from K105 billion to an equivalent of $100 million (about K175.1 billion). In April 2023, Parliament passed the Financial Bill No. 11 of 2023 to allow government to borrow K105 billion from local banks to finance the
The Special Investigating Unit has told parliament's standing committee on public accounts that its investigation into the “irregular and unlawful” awarding of contracts to LTE Consulting by Lepelle Northern Water in Limpopo has been concluded.
The Salima-Lilongwe water project, initiated in 2015, was on Thursday thrown into further turmoil after Forum for National Development (FND) obtained an injunction restraining two commercial banks from providing funds and Khato Civils from performing on the project. The stay order granted by High Court Justice Ken Manda restrains NBS Bank plc and National Bank
SA-LL project woes continue, court restrains banks from funding the project malawivoice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malawivoice.com Daily Mail and Mail on Sunday newspapers.
Umbrella for Democratic Change has been served with a writ of summons by construction mogul Simbi Phiri of Khato Civils (Pty) Ltd in relations to some alleged