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February 10, 2021 Green Muheya - Nyasa Times 20 Comments Four senior managers including chief executive officer Mervis Mangulenje have been fired at National Economic Empowerment Fund Limited (Neef) formerly Malawi Enterprise Development Fund (Medf), following a disciplinary hearing prompted by an audit that exposed alleged abuse. MEDF Chief Executive Officer, Mervis Mangulenje : Fired Malawi Talk reported  on Friday February 5 2021 that Mangulenje has been summarily dismissed alongside head of credit Edwin Visabwe, head of operations  Alexon Mwakhula and head of finance  Hilarious ...

December 23, 2020 Quentin Mzumara & Owen Khamula – Nyasa Times 9 Comments The Industrial Relations Court (IRC) has stopped a disciplinary hearing which the National Economic Empowerment Fund Ltd board  (Neef) – formerly Medef –  had set for its four top managers on Tuesday. Suspended Need Chief Executive Officer, Mervis Mangulenje: Court  has ordered Need board to put on hold disciplinary hearing Neef  board had summoned its suspended chief executive officer  Mervis Mangulenje, Head of Finance Hilarious Nampota, Head of Credit Edwin Visabwe and Head of Operations Alexon Mwa...