The original shareholders of the PHL were two MCP seasoned politicians: the late Mr. Richard Katengeza and the late Mr. Sydney Somanje as nominees of the people of Malawi. In 1970, the Central Executive Committee of the MCP decided that Read more…
As part of the restructuring process, it is believed to be the case that Dr. Banda’s hand may have been forced to create a trust1, The Press Trust, to which he transferred all the shares he held in Press (Holdings) Read more…
In 1992, Malawians seem to have rediscovered their age-old intolerance to undemocratic system thus irreversibly propelling the nation back into the transition process. However, constitutionally, legally and politically, the pivotal year in Malawi’s transition from single-party to a multiparty system Read more…
The New Political Dispensation Immediately the UDF came into power in 1994, one of the first issues it dealt with was the status of the Press Trust. Until then, the social and economic activities of the Trust were shrouded in Read more…
Principal Object of the Trust The main object of Press Trust (Paragraph 3 of the Deed) is to provide funding by way of grants, donations or contributions to any person or institution for charitable purposes which are in the interest and Read more…