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NBS BANK PARTNERS WITH IT CENTRE ON SMART FINANCE

NBS BANK PARTNERS WITH IT CENTRE ON SMART FINANCE

NBS Bank plc has partnered with IT Centre Limited, a leading ICT products and solutions company in the country, in a bid to help customers purchase various electronic equipment for their homes or businesses with the introduction of Smart Finance facility. Through this facility, loans will be granted to individuals and corporate customers for the purpose […]

High Court Throws out Piksy’s Injunction against Moyo Madzi

High Court Throws out Piksy’s Injunction against Moyo Madzi

The High Court, Commercial Division sitting in Blantyre has discharged an injunction which musician Evans Zangazanga famed ‘Piksy’ obtained against Everest Industries, proprietors of bottled water branded Moyo Madzi. Piksy obtained an injunction from the commercial division of the High Court alleging that Moyo Madzi was a bogus product passing off as his product called […]

FMB GROUP REPORTS US$21 MILLION PROFIT

FMB GROUP REPORTS US$21 MILLION PROFIT

FMBcapital Holdings Plc (FMBCH), the holding company for First Capital Bank operations in Africa has posted an after tax profit of US$ 21.3 million for the year ending December 2020 coming from a loss of US$18.6 million in the previous year. The Group’s subsidiary banks located in Botswana, Malawi, Mozambique, Zambia, and Zimbabwe had a […]

MWENYE KIDNAPPING SAGA: Mustak Chotia implicates Mr Dipak Jevant of Sealand Investments

MWENYE KIDNAPPING SAGA: Mustak Chotia implicates Mr Dipak Jevant of Sealand Investments

Mr Mustak Chotia, the mafia who masterminded the kidnapping of Shayona Cement Managing Director has implicated Mr Dipak Jevant, Managing Director of Sealand Investments Limited as the one bankrolled the whole project. The  Criminal Investigations Department (CID) of Malawi Police and National Intelligence Services have tracked down two suspects in the kidnap saga  who were […]

LL MAN ARRESTED OVER FACEBOOK POST

LL MAN ARRESTED OVER FACEBOOK POST

Police in Lilongwe have arrested Ignatius Kamwanje over a Facebook post which he alleged that money was being stolen from customers’ accounts at National Bank of Malawi (NBM) plc. Kamwanje was arrested Wednesday morning following a complaint lodged by NBM plc. Kamwanje wrote unverified stories of his Facebook page claiming that NBM plc employees were […]

Gaffer’s ‘Dirty’ Games exposed…Fights Mia Family

Gaffer’s ‘Dirty’ Games exposed…Fights Mia Family

By Chalo Mvula- Correspondent   In his bid to attain the post of the Malawi Congress Party (MCP) Vice President (VP) for the South, it has been revealed that Rashid Gaffer who is currently the “embattled” Minister of Mining is playing dirty games against Abida Mia (MP) who is serving as the Deputy Minister of […]

FDH BANK LAUNCHES WAMKAKA PROMOTION TO BOOST FLAMES SUPPORT

FDH BANK LAUNCHES WAMKAKA PROMOTION TO BOOST FLAMES SUPPORT

FDH Bank plc has launched a four month promotion dubbed ‘Wamkaka’ which is a celebration of Malawi National Football team, the Flames qualification of the continental Africa Cup of Nations tournament. The promotion will see a lucky winner smiling all the way to the bank with a K5 million grand prize. Launching the promotion in […]

CHILIMA TOUGH ON DEADLINE: Karonga to have new Water Supply System

CHILIMA TOUGH ON DEADLINE: Karonga to have new Water Supply System

Vice President Saulos Chilima has told constructors of the Karonga Water Supply and Sanitation project that the May 2022 deadline for the project must be met to ensure that issues of erratic water supply are a thing of the past in the district. The project aims at rehabilitating and upgrading the existing Karonga Town water […]

CDEDI says all set for #Punitive Taxes Must Fall# demo this Wednesday

CDEDI says all set for #Punitive Taxes Must Fall# demo this Wednesday

Watipaso Mzungu The Centre for Democracy and Economic Development Initiatives (CDEDI) says all is set for peaceful demonstrations against punitive taxes, levies, interest rates, exorbitant mobile phone tariffs and theft of K6.2 billion Covid-19 funds. CDEDI has mobilized Malawians to take to the streets tomorrow following the decision by the Tonse government not to remove […]

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