Wednesday, January 1, 2025

Business

NBM HANDS OVER COVID-19 ITEMS TO CITIZENS RESPONSE TEAM

By Mc Donald Chapalapata, a Contributor National Bank of Malawi (NBM) plc on Thursday handed over items worth K10 million to the Citizens Response to Covid-19 Initiative for the fight against the pandemic. The Bank pledged to pay for the items...

FDH BANK POSTS K14.9BILLION PROFIT

Listed FDH Bank plc has reported an after tax profit of K14.9 billion for the year ending 31 December 2020 from a restated after tax profit of K5.19 billion the previous year. In a statement signed by the Bank’s Chairperson...

TNM UNVEILS FIRST K1MILLION WINNER IN TIKOLORE PROMOTION

By Mc Donald Chapalapata, a Contributor Malawi’s pioneer mobile and ICT services provider TNM plc unveiled the first K1 million winner in the Tikolore promotion, a day after launching the three month long promotion in Lilongwe. Estate Agent Francis Mtukanika, who...

NBS BANK DECLARES K7BILLION PROFIT

NBS Bank plc has reported a strong financial performance in the year 2020 with profit after tax rising by 58% to K7 billion from K4.46 billion reported in 2019. A statement signed by the Bank’s Chairman Vizenge Kumwenda, Director Matthews Mtumbuka, Chief Executive Officer Kwanele Ngwenya and...

NBM PLC POSTS K22.4BILLION PROFIT AFTER TAX

Listed National Bank of Malawi (NBM) plc has registered a group profit after tax of K22.45billion from K17.16 billion in 2019 representing an increase of 31% for the period ending 31 December 2020. In a statement signed by the Bank’s...

TNM CELEBRATES HARVEST SEASON WITH TIKOLORE PROMOTION…30 millionaires will be made in 3 months

By Mc Donald Chapalapata, a Contributor Malawi’s pioneer mobile and ICT services provider TNM plc has launched a new promotion dubbed ‘Tikolore promotion’ which is a celebration for the harvest season. Launching the Tikolore Promotion in Lilongwe on Wednesday evening, TNM...

TNM PLC UNVEILS 7 YOUNG ARTISTS AS TNM YOUTH STARS OF MALAWI

By Mc Donald Chapalapata, a Contributor Malawi’s pioneer mobile and ICT services provider TNM plc Wednesday evening unveiled seven young artists as its Brand Ambassadors dubbed the ‘TNM Youth Stars of Malawi’. The young Brand Ambassadors are all below the age...

NBM ONLINE CHESS TOURNEY ATTRACTS 166 PLAYERS

By Mc Donald Chapalapata, a Contributor The inaugural National Bank of Malawi (NBM) plc sponsored online chess tournament took place at the weekend and lured an unprecedented 166 participants. Played online on lichess platform as part of the MK3.6 million sponsorship...

FIRST CAPITAL BANK ENGAGES YOUTHS ON FINANCIAL LITERACY

First Capital Bank (FCB) commemorated this year’s Global Money Week with a digital campaign sensitizing communities, especially young people, on how money affects livelihoods now and across future generations. The campaign included an interface with students at Bedir International Schools...

FDH Bank dangles K3million to Flames players for win against Uganda

FDH Bank, the official sponsor and number one supporter of  the country’s football team, the Flames has dangled a K3 million to the players if they beat Uganda Cranes Monday afternoon to qualify for the Africa Cup of Nations (AFCON)...
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Latest News

NBS Bank projects K73 billion profit for 2024

NBS Bank plc has announced a significant leap in profitability for the year ending 31 December 2024, projecting a...
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