Thursday, April 25, 2024

Business

Exposed! Luthando Holdings uses disbanded Stansfield Motors, bogus address in court against Paramount Holdings on Yamaha dealership

Desperate Luthando Holdings fights against well-established motor vehicle service provider, Paramount Holdings has used Stansfield Motors limited name with a bogus address to obtain an injunction stopping Yamaha Motor corporation from awarding sole dealership of Yamaha to Paramount Holdings. This...

NBS Bank gets $7 million AfDB guarantee for SMEs

NBS Bank Plc will get a USD 7 million Trade Finance Transaction Guarantee facility from the African Development Bank (AfDB) Group to support small businesses in Malawi. This follows the AfDB Board of Directors’ approval on December 4, 2023. Trade Guarantee...

CDEDI demands quick audit of Greenbelt Greenhouse Limited

By IOMMIE CHIWALO The Centre for Democracy and Economic Development Initiatives (CDEDI) has penned Attorney General requesting for a quick audit of Greenbelt Greenhouse Limited (GGL) which its actions are not only suspicious but also contrary to the public finance...

Maczale Academy set to open for second term

Maczale academy, with well experienced and dedicated teachers, is set to open for second term on Monday the 8th of January 2024. The academy, which is one of the leading boarding schools in the country, is located after Dunduzu Road...

Mulli prays for more divine power

MBL Holdings, formerly Mulli Brothers Group of Companies, says it is only through the divine intervention that the group is still operating in the country. MBL Holdings Limited Manager Joseph Khupe made the remarks on Wednesday in Blantyre during annual...

PCL cheers the elderly with Christmas gifts in Mpemba

Conglomerate Press Corporation plc (PCL) on Friday gave an early Christmas gift to the elderly in Mpemba, Blantyre by donating food packs and treating them to a Christmas luncheon. Speaking during the event at Nthanda Ya Kum'mawa Elderly Trust at...

PCL donates medical equipment to BT DHO

Conglomerate Press Corporation plc on Thursday donated various medical equipment to the Blantyre District Health Office to help save lives during the festive period. The items included oxygen cylinders, oxygen concentrators, oxygen regulators and nasal tubes. Press Corporation plc Chief Executive...

NBS Bank, WFP in social cash transfers to Phalombe Cyclone Freddy victims   

Listed NBS Bank and World Food Programme (WFP) have started disbursing funds through social cash transfer to over 2000 people affected by Cyclone Freddy at Nkhulambe Centre 1 and 2 in Phalombe. The Bank's Head of Marketing & Customer Experience...

NBM fulfills promise: hands over chemistry analyzer to QECH

National Bank of Malawi (NBM) Plc has handed over a chemistry analyzer to Queen Elizabeth Central Hospital (QECH), to help in early detection of cancer in children. The Bank promised to buy the machine worth K91 million in October this...

CRYSTALS LODGE: A brand new Haven opens in Zomba

….With 30 percent off for Christmas. Are you looking for a Lodge where to spend the festive season? Crystals Lodge, a brand new haven is waiting for you in Malawi’s old capital city Zomba. The Lodge is located in the heart...
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Latest News

Standard Bank ignites excitement in diaspora forex markets

There is increased interest by Malawians living abroad to remit foreign currency (forex) home, a development Standard Bank Plc...
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