New LoanUp Program Aims to Boost Homeownership in Malta

Aug 2 2024

The Foundation for Affordable Housing has published “Entryways to Homeownership,” a study by Dr. Dylan Cassar that underscores the pivotal role of family support in Malta’s housing market. This sociological analysis reveals how Maltese families adapt to rising property prices and changing market conditions to help younger generations achieve homeownership, reflecting similar trends in Southern Europe.

A key highlight of the study is Malta’s high homeownership rate, which stood at 82.6% in 2022, significantly surpassing the European average of 64.1% and the 75.5% rate of other Southern European countries. Additionally, the study notes a notable increase in the acquisition of property via gift or inheritance, which rose from 10% in the 2000s to 21% in the last decade. This shift underscores the growing importance of family support in navigating the housing market.

The report calls for broader discussions on housing affordability and highlights the Foundation’s LoanUp program, This initiative provides subsidized loan rates to potential homeowners, aiming to ease the financial burden of purchasing a property. By offering lower interest rates and more favourable loan terms, LoanUp helps bridge the gap for those struggling with rising property prices. For more information, visit affordablehousing.mt

#MaltaDaily

Local Fish Shop In Mosta Sells A 13kg Squid

Aug 2 2024

Adam’s Fish Shop in Mosta has just unveiled an impressive catch: a 13kg squid, ideal for various culinary uses such as grilling, frying, or making a hearty seafood stew. The shop has shared striking images on social media, showcasing the squid in its entirety and during the cleaning process.

Locally known as ‘calamari’ or the Maltese ‘klamari,’ squid is a popular ingredient in Maltese cuisine. It can be fried in a flour batter and served as appetizers or enjoyed as a main course when stuffed with a garlic mixture and paired with white wine.

For those eager to try this fresh catch, visit Adam’s Fish Shop in Mosta or place an order online at www.adams.mt. Don’t miss out on this unique opportunity to enjoy one of the freshest and largest squids available.

#MaltaDaily

MCAST launches the 2nd edition of the KampuSajf 2024 Programme

Aug 2 2024

The Malta College of Arts, Science, and Technology (MCAST) has just launched the programme for the 2nd edition of the KampuSajf Festival, which will take place from 23 to 28 August 2024, both days included. The Festival is powered by APS Bank and is under the artistic direction of Stjanu Debono.

KampuSajf 2024 is a summer festival and an immersive celebration of artistic diversity that showcases local creative artists’ projects. The programme focuses on Malta’s grassroots, emphasising creations by artists within the local artistic community. This multidisciplinary performance platform will prioritise indigenous artistic work in Malta. It will serve as an alternative platform to different art forms, including music, literature, contemporary dance, theatre, and animated film.

The College strives to open its campus to the public while supporting the culture and creative arts, particularly emerging artists, that form an integral part of MCAST’s ethos and alumni community.

The Festival’s first two days will be held at the amphitheatre in Mosta, behind the MCAST Campus. The last three days will be held at the MCAST Campus in Paola, in a serene space that creates an atmosphere of creativity and inspiration during summer nights.

The programme of events includes the following:

A multi-disciplinary project titled ‘Dizzjunarju tal-Maħbubin’, with the participation of Martina Georgina, Klonn and Hearts Beating in Time, written by Jien_a and published on Aphroconfuso.
A music production by Teatru Malta titled ‘Teatru Malta Hit Parade’, by Albert Garzia Trio, Justin Galea and Charlotte Formosa featuring Claire Tonna and Il-Lapes
A production blending music and theatre aspects titled ‘Karmaġenn’, by Karmaġenn and Chewing Productions.
A film production titled ‘Animation Showcase Malta’, an animation showcase of different short animated movies from Malta-based animators, covering different animation genres. This event will also include a selection of works of MCAST students following courses at the Institute for the Creative Arts (ICA).
A music performance exploring Malta’s diverse musical heritage by Mariele Zammit Kwartett, with Mariele Zammit on vocals, Warren Galea on guitar, and Oliver Degabriele on bass.

KampuSajf is open to the general public, enabling attendees to familiarise themselves with the College and experience an eclectic programme of events.

KampuSajf 2024 is being organised in collaboration with POPP and is supported by Heritage Malta.

Interested individuals are invited to visit MCAST’s social media platforms and website for more information. Tickets can be purchased from https://shop.trackagescheme.com/event/kampusajf- 2024/

#MaltaDaily

PN MP Darren Carabott Addresses Taxi Crisis in Malta

Aug 2 2024

PN Standing MP Darren Carabott has criticized the government amidst a significant spike in cab prices and prolonged waiting times. Recently , cab fares have surged, with some users reporting prices doubling and extended waiting periods. This comes amid news that numerous work permits for third-country nationals have been refused, reducing the number of availble drivers.

Darren Carabott highlighted that the government’s unplanned distribution of work permits has led to economic instability. He emphasized that decisions should be based with long-term vision, and consultation, which he claims were ignored. Carabott also criticized the Minister for Home Affairs, Security, and Employment, Byron Camilleri, for blaming the private sector on social media.

Drivers are arguing that the fare increase are necessary to ensure fair wages, particularly during the peak tourist season, while users express frustration over the increased costs and waiting times. Carabott’s statements underscore the broader debate on the balance between economic policies and their repercussions on the public.

#MaltaDaily