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Local firms gang up against Asian owned Paramount Holdings


June 28, 2021
Nyasa Times Reporter 6 Comments
Malawi President Lazarus Chakwera’s order that priority in the awarding of contracts must be given to indigenous businesses is being ignored as most contracts are awarded to foreigners and this is being influenced by top government officials, Nyasa Times has established.
Paramount Holdings, one of government’s ‘sweetheart’ contractor, is facing a fight with indigenous firms, which are accusing the company of snatching away public contracts through backdoor dealings with undue influence from some top officials officials in the Tonse Alliance Government.
Paramount Holdings, owned by an Asian, Prakash Ghedia, is among few foreign-owned companies that has been so lucky to be awarded several contracts across sectors; from construction to supply of all sorts of goods and services. ....

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Carol Bapu not seeking re-election as NAM GS


She leaves the stage proud of her contributions and wishes her successor all the best
Incumbent Netball Association of Malawi (NAM) general secretary, Carol Bapu has declared that she is not contesting for re-election at the elective annual general meeting (AGM).
Instead she leaves the race for legendary Malawi Queens player, Linda Magombo-Munthali, who is up against marketer Isaac Chimwala for the polls which were scheduled for Saturday, May 29 in Salima but have been postponed.
Carol Bapu: not contesting
Bapu, who has served two terms of 4 years each, came into national netball association having served as vice-chairperson for Southern Region Netball Committee and chairperson for Southern Region Umpires Committee. ....

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