Saturday, December 14, 2024

Business

NBM plc gives blood bank fridge to Mangochi hospital

National Bank of Malawi (NBM) plc has donated a blood bank refrigerator worth K40 million to Mangochi District Hospital to address blood storage challenges in the eastern region. The Bank made a commitment through the Malawi Blood Transfusion Services (MBTS)...

NBM Pensions investment income excites Lilongwe customers

NBM Pensions Administration Limited (NBM PAL) customers have expressed excitement over the increased investment income declared by the company. NBM PAL, a subsidiary of National Bank of Malawi (NBM) plc, declared an increase on investment income to 42 percent for...

Standard Bank in sizzling independence poetry

Malawi's four contemporary poets turned Independence evening on Saturday memorable during a commemorative poetry exhibition hosted online by Standard Bank. The four, Nyamalikiti Nthiwatiw, Qabaniso Malewezi, , Wanga and Phindu took turns to mesmerize the online audience that joined the...

FDH Bank plc donates 100 metric tonnes of maize to NFRA

Malawi Stock Exchange listed FDH Bank has donated 100 metric tonnes of maize worth K95.5 million to National Food Reserve Agency (NFRA) to ensure food security in the country. FDH Bank plc Head of Marketing and Communications Levi Nkunika and...

NBM Plc introduces Share Purchase Loan

National Bank of Malawi (NBM) plc has launched a share purchase loan product to enable customers to access loans and buy shares on the Malawi Stock Exchange (MSE). Speaking during the launch on Tuesday, NBM Head of Retail Banking Division...

Amaryllis Hotels General Manager Waheed Appointed Global Ambassador of African Tourism Board

Mr. Ramy Waheed, General Manager of Amaryllis Hotels, has been appointed as a Global Ambassador of the African Tourism Board (ATB). The appointment was announced in a letter dated June 29, 2024, from the President of the African Tourism Board,...

FDH Bank plc eyes K28.5 billion half-year-profit

FDH Bank plc has projected its half-year profit-after-tax ending June 30, 2024 to be between K25.5 billion to K28.5 billion from K15 billion the previous year This represents an increase of between 69.8 percent to 89.8 percent higher than the...

NBM Plc’s funded UNIMA innovations bear fruits

National Bank of Malawi (NBM) Plc has expressed satisfaction with the innovations done by University of Malawi (UNIMA) Department of Physics and Electronics final-year students. NBM Plc Information Technology, Organization, and Methods (ITOM) Division gave the students three challenges to...

Std Bank market value crosses K1 Trillion mark

The share price of Standard Bank Plc on Monday soared to K4,400 to propel the company's market capitalisation surpass MK1 Trillion mark. A trading report at the Malawi Stock Exchange (MSE) shows Standard Bank becoming the second-highest capital gainer by...

Castel Malawi rebrands Castel beer bottle 

Leading alcoholic beverage producer in the country, Castel Malawi Limited has rebranded labels for its iconic Castel Beer, making a significant milestone in the branding innovation. In an interview yesterday, Head of Corporate Marketing and Communications, Lavern Chitakata said the initiative...
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Latest News

CFCAN’S Apostle Dr. Mchellings Nyirongo to Host Bible School in Mzuzu

Mzuzu, Malawi - The highly respected man of God, Apostle Dr. Mchellings Nyirongo of Christ Fellowship Church for All...
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