Saturday, November 16, 2024

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NBS BANK PARTNERS GIZ IN AGRI-FINANCE PROJECT

Listed NBS Bank has partnered with Gesellschaft für Internationale Zusammenarbeit  (GIZ), commissioned by German Federal Ministry for Economic Cooperation and Development (BMZ) in the promotion of Agricultural Finance (AgriFin) project focusing on engaging both the supply and demand sides to...

CDEDI DEMANDS PROBE INTO K3.5BN MHC PROJECT SAGA

Watipaso Mzungu The Centre for Democracy and Economic Development Initiatives (CDEDI) has demanded a probe into the circumstances that led to the construction of 65 dwelling units on privately-owned land at Ngumbe area in Blantyre. The State-funded Malawi Housing Corporation...

FDH TO TRAIN FLAMES PLAYERS IN FINANCE AND INVESTMENT

FDH Bank plc is taking a new approach in supporting the country’s national football team, the Flames by training the players in personal finance and investment planning to create a saving and investment culture to ensure that the players...

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...

EXPOSED!JOURNALIST BEHIND ‘MCP CHIGOBA’, INSULTS SKC

Exposed! Journalist behind ‘MCP Chigoba’, insults SKC Exposed! We can reveal that journalist Alfred Chauwa is behind a pseudo (Chigoba) Mchiragule Mwanza who has been insulting people critising the Malawi Congress Party style of leadership including State Vice president Saulos...

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...

CDEDI gives Tonse govt 7 days to scrape off punitive taxes on essential goods and services or face nationwide protests

By Watipaso Mzungu The Centre for Democracy and Economic Development Initiatives (CDEDI) has given the Tonse Alliance-led government seven days to remove “punitive taxes” on essential goods and services or face nationwide protests. Addressing journalists in Lilongwe today, CDEDI executive...

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...
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120 golfers tune up for Std Bank tourney

A field of 120 golfers is ready to tee off in Saturday's tournament by Standard Bank Plc at Lilongwe...
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