Stay updated with breaking news from Quay energy corp. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Financing for the Salima-Lilongwe Water Project will remain stalled until the Malawi Supreme Court of Appeal decides on a stay order granted to the Attorney General (AG) which technically blocks proceedings in the High Court. In a judgement delivered on Wednesday in Blantyre, High Court of Malawi Commercial Division Judge Ken Manda said the case ....
High Court of Malawi Commercial Division Judge Ken Manda has questioned the manner the Attorney General (AG) proceeded to obtain a Malawi Supreme Court of Appeal stay order on the Lilongwe-Salima Water Project case. In his address to parties to the case that included AG Thabo Chakaka Nyirenda, lawyers representing National Bank of Malawi (NBM) ....
Forum for National Development (FND) said yesterday it will file an application to vacate a stay order the Malawi Supreme Court of Appeal granted to the Attorney General (AG) on Monday. The Supreme Court granted AG Thabo Chakaka Nyirenda the stay order on an injunction FND obtained in the High Court of Malawi Commercial Division ....
National Bank of Malawi (NBM) plc and NBS Bank plc can now proceed to loan Khato Civils K105 billion for the Salima-Lilongwe Water Project following the lifting of an order stopping the process. The Malawi Supreme Court of Appeal made the order yesterday, putting aside the injunction the High Court of Malawi Commercial Division earlier ....
National Bank of Malawi (NBM) plc and NBS Bank plc have asked the court to remove them as defendants in a case where the K105 billion financing for the Salima-Lilongwe Water Project has stirred controversy. Parliament approved the two local commercial banks to collectively extend the loan to Khato Civils, but Forum for National Development ....