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Malawi: PAC Tightens Grip On Amaryllis Deal - MRA Summoned Over Missing K90 Billion Tax Clearance

4 May 2026 at 06:41
[Nyasa Times] The Public Accounts Committee is refusing to let the Amaryllis Hotel saga fade, escalating its probe by summoning the Malawi Revenue Authority over what could be one of the most glaring gaps in the controversial transaction--a missing tax clearance reportedly worth around K90 billion.

Malawi: Aid Cuts Hit Malawi Hard - IMF Warns of Rising Debt Pressure and Urgent Need for Reforms

4 May 2026 at 06:41
[Nyasa Times] Malawi's economy is coming under serious pressure as global aid is being cut, putting the country in a difficult financial position. The International Monetary Fund (IMF) says these aid cuts are exposing long-standing weaknesses in how Malawi manages its economy.

Nigeria: Obi, Kwankwaso Formally Declare for NDC, Set Stage for 2027 Presidential Battle

4 May 2026 at 06:41
[This Day] Nigeria's political landscape shifted significantly, yesterday, as former Anambra State governor, Peter Obi, and former Kano State governor, Rabiu Kwankwaso, formally declared for Nigeria Democratic Congress (NDC), marking a decisive step towards their anticipated presidential bid ahead of the 2027 general election.

Kenya: Ruto Woos Japanese Investors As Kenya Deepens Economic Ties

4 May 2026 at 06:41
[Capital FM] Nairobi -- President William Ruto has called on more Japanese firms to invest in Kenya, urging them to take up opportunities in public-private partnerships for commercially viable projects as the country seeks to deepen economic ties with Tokyo.

Malawi: MEDF Recovers K8bn Out of K240bn - Inside the Weak Recovery, K232bn Still Unpaid and the Legal Fight Ahead

4 May 2026 at 06:38
[Nyasa Times] The Malawi Enterprise Development Fund (MEDF) has recovered K8 billion from a massive K240 billion loan book in just two months--but the figures expose a much deeper problem: over K232 billion remains unpaid, and the fund is now turning to legal enforcement and asset seizures to recover the rest.

Malawi: Exposed - How Mapeto Tyres Landed a K8 Billion Single-Supplier Deal At Escom Amid Oversupply Fears and Procedural Breaches

4 May 2026 at 06:38
[Nyasa Times] Mapeto Tyres is at the centre of a deepening procurement scandal at the Electricity Supply Corporation of Malawi, where a K8 billion tyres deal is now under investigation for alleged procedural breaches, excessive procurement, and possible systemic manipulation of public contracting rules.

Africa: 3 Die, Others Infected in Suspected Hantavirus Outbreak On Atlantic Cruise Ship

4 May 2026 at 06:36
[Leadership] Three people have died following an outbreak of a rare infectious disease aboard the MV Hondius, a cruise ship travelling across the Atlantic, according to the World Health Organisation (WHO).

South Africa: Energy and Water Seta Blew R58m in Public Funds On Building That Was Never Used

4 May 2026 at 06:34
[Daily Maverick] More than R58-million in public funds has been lost on an unused building bought by the Energy and Water Sector Education and Training Authority in 2014. Despite years of spending, investigations and criminal cases, no one has been held accountable.
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