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Fact Up Night

Sat, 04 May 2024 20:00:00 UTC @ Club Casaulina - On 4th May 2024 Achina Gattah Ase and Gibo Pearson will be performing live for Fact Up Night at Club Casaulina in Lilongwe Area 25. The event will start from 8 PM till late More Info
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Sun, 05 May 2024 13:00:00 UTC @ Rose Chanaichi's Gardens - Kapadocia will be performing live in Mzuzu Area 4 at Rose Chanaichi's Gardens on 05 May 2024. He will be supported by Rose Chanaichi Kayira, Motte Jez, Esther Mashani, Chipha Dada, Dele... More Info

NOCMA, Petroleum Importers Owe Fuel suppliers millions of fuel

The National Oil Company of Malawi (NOCMA) and the Petroleum Importers Limited (PIL) are owing fuel importers funds amounting to $78.3 million for volumes of fuel.

Nocma has a sum in debt of $61.5 million for suppliers whereas PIL has $16.8 million.

This follows the appearance of Nocma and PIL before the Parliamentary Committee on Natural Resources and Climate Change today on January 10, 2023 in Lilongwe.

Secretary for the Ministry of Energy, Alfonso Chikuni, confirmed the development saying the two are truly having debts.

Chikuni added said the institutions have the money and can afford to pay back to the suppliers.

He however said, the available money the two have is in Malawi Kwacha so it is hard to pay back to suppliers using local currency.

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