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Khato battles K105bn blockade | The Nation Online

Daggers remain drawn in the controversy over K105 billion loans that two commercial banks are set to extend to Khato Civils for the implementation of the Salima-Lilongwe Water Project. Yesterday, events happened in quick succession as Khato Civils moved the High Court of Malawi to stop a news conference Forum for National Development (FND) addressed ....

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Khato challenges water project injunction | The Nation Online

Khato Civils has filed an application seeking dismissal of a Forum for National Development’s (FND) injunction stopping local commercial banks from financing the multi-billion kwacha Salima-Lilongwe water project. The stay order granted by High Court Justice Ken Manda restrains NBS Bank plc and National Bank of Malawi plc from lending government K105 billion for the ....

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SA-LL project woes continue | The Nation Online

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 ....

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Govt backs Australian firm on Salima-Lilongwe water project

Malawi breaking news publishing 24 hours a day news about Malawi, Malawi Business, Malawi Tourism, Malawi Politics, Malawi News ....

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