TNM Donates Mk500,000 to Paediatrics Group

Mobile phone service provider TNM has donated K500,000 to the Paediatric and Child Health Association (PACHA) to assist the children health organisation fulfil legal requirements for its operations. Marketing Manager Madalitso Jonazi said when he presented the donation during a fund-raising dinner at Ryalls Hotel in Blantyre Saturday that TNM as a responsible corporate citizen […]

Unilever Splashes Over Mk2million Worth of Prizes in Omo-fly-to-Brazil Promo

Uniliver Southeast Africa on Friday splashed over Mk2million worth of prizes to 31 first lucky winners in the Omo –fly to Brazil promotion at a colorful ceremony held at the company’s headquarters in Limbe. The 46 day long promotion is expected to dish out four tickets and $1000 spending money to four lucky winners for […]

Standard Bank Brings Transit Goods Insurance

For Immediate Release Standard Bank brings transit goods insurance Blantyre, April 9, 2014—As Malawi approaches the peak of its international trading season, Standard Bank is extending a transit goods insurance cover to its customers called TradeSure. TradeSure will be provided in partnership with insurer Nico General Insurance Company. Standard Bank’s Head of Personal Markets, Charity […]

MTN Group and Bharti Airtel Partner to Launch International Money Transfer

MTN Group and Bharti Airtel today announced a cross-border remittance partnership that seeks to remove the hassles of transferring money between Ivory Coast and Burkina Faso for the operators’ Mobile Money customers on either side of the border. The landmark partnership will enable Mobile Money customers of MTN Ivory Coast and Airtel in Burkina Faso to easily transfer money […]

Standard Bank Strikes S$25m Loan Deal With UK Financier

CDC Group plc (“CDC”), the UK’s development finance institution, has concluded a US$25 million loan to Standard Bank Malawi—a subsidiary of South Africa’s and Africa’s largest banking unit by assets, Standard Bank—senior officials announced Tuesday. The long-term, 7 year credit facility is intended to support Standard Bank’s efforts to increase lending to local businesses, particularly […]

Airtel Rising Stars Bears Fruits As ’6 ARS Players in Malawi U20 National Team’

It does not get any better, the journey that commenced a bunch of years ago, to unearth raw young talent in football courtesy of Airtel Rising Stars (ARS) initiative, has started yielding results. “Definitely the Airtel Rising Stars has contributed a great deal to dig raw talent from the grassroots,” said Malawi Schools Sports Association […]

NBS And Sunbird Profits Up More Than 160 %

NBS Bank and Hotel chain Sunbird have both recorded profit of 163% and 162 % respectively during according to their published accounts of  2013 Sunbird has seen their revenues rise by 55 percent  to MK8.5 billion while occupancy rates increased by 2 percent in the same year. The company say the increase is due to […]

Malawi To Adopt Zero Deficit Budget, As Donors Indicate No Budgetary Support For 2014/15 Budget

The Malawi Government is said to be contemplating of adopting the Zero deficit budget as they are strong indicators that donors will not give Malawi the usual budgetary support. This contrary to what the Peoples Regime promised never to do but things have turned sour as they have been embroiled in the cash gate saga and […]

Airtel Kicks The 50th Independence Celebrations Alive With Tisangalale Promo

Tisangalale (Let’s Celebrate) is the catch word championing Malawi’s 50 years of independence and MK50 million is at stake for the grand winner courtesy of leading mobile telecoms operator Airtel Malawi. Raising the bar as the biggest cash prize ever on the domestic scene, Airtel’s Acting Managing Director Amadou Dina told a news conference in Lilongwe today that Airtel […]

MERA Hands over Chipoka Fuel Depot To government

The Malawi Energy Regulatory Authority (MERA) on Tuesday officially handed over Chipoka Fuel Depot in Salima District to the government. Speaking at the handover ceremony, MERA Board Chairperson a Mr. Zinyemba thanked government for the trust it placed on the board to handle the rehabilitation works. He said the rehabilitation of the tanks has been […]

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