FINCA Launches ‘Nkhawa Njee Promotion’

FINCA Launches ‘Nkhawa Njee Promotion’

FINCA Malawi has launched ‘Nkhawa Njeee Promotion’- targeting its existing and potential clients-aims at rewarding its customers for standing by the institution. In 2015, the Reserve Bank of Malawi (RBM) licensed FINCA Malawi, making the firm expand its operation from a mere credit giving to deposit taking micro finance institution. And according to FINCA Malawi […]

Standard Bank Malawi Fires 10 Branch Managers…Mzuzu, BT, Ginnery Corner, LL, Zomba Managers Inclusive

Standard Bank Malawi Fires 10 Branch Managers…Mzuzu, BT, Ginnery Corner, LL, Zomba Managers Inclusive

Standard Bank Malawi has sacked 10 of its branch managers for failure to meet some prescribed targets on Know Your Customer (KYC) guildelines which are used across the globe where the bank is operating When contacted for comment Standard Bank head of marketing and communications Thoko Unyolo confirmed the development.Insiders said the bank has fired managers for some […]

Japan Grants Malawi $17.7million For Domasi College Expansion

Japan Grants Malawi $17.7million For Domasi College Expansion

The Japanese government has provided the Malawi government with ¥1.947 billion (approximately US 17.7 million) to assist in expanding and upgrading of the Domasi College of Education. Speaking during the signing ceremony at the Ministry of Finance headquarters in Lilongwe, Hirotsuku Ikeda, who is Charge d’Affaires ad Interim of Japan to Malawi, said the grant […]

Mega Fraud Trial Of Illovo Sugar Vs PHL Resumes With Re-examination Of Key Witness

Mega Fraud Trial Of Illovo Sugar Vs PHL Resumes With Re-examination Of Key Witness

Blantyre, June 27: A mega fraud trial in which Illovo Sugar (MW) is accused by its minority shareholder Prudential Holdings Ltd (PHL) of falsifying financial statements and holding information, resumed sitting at the Commercial Court in Blantyre on June 27, with PHL’s chief witness being re-examined by its own lawyers. In the witness box on […]

MEDEF Simplifies Loan Access And Repayment: Signs MoU With Malawi Post Cooperation

MEDEF Simplifies Loan Access And Repayment: Signs MoU With Malawi Post Cooperation

The Malawi Enterprise Development Fund (MEDEF) and Malawi Post Cooperation (MPC) have signed a business agreement with the aim of simplifying access to loans and loan repayment, especially from people based in rural areas. According to the business deal, MEDEF will use MPC Post Offices across the country to disburse loans and collect repayments. Speaking […]

Call Logs Are Confidential–MACRA

Call Logs Are Confidential–MACRA

The Malawi Communications Regulatory Authority (MACRA) has emphasized on the illegality of a person obtaining or attempting to obtain call logs of any mobile subscriber without their authorization or a court warrant. MACRA’s Consumer Affairs Manager Ivy Chipezaani was speaking in Phalombe on Wednesday during a sensitization meeting involving District Executive Committee (DEC) members on […]

Signs Of The Times: Head Of Programmes Limbikani Kamlongera Dumps Sinking Times Group

Signs Of The Times: Head Of Programmes Limbikani Kamlongera Dumps Sinking Times Group

Head of Programmes at the once mighty Times Group media house Limbikani Kamlongera has dumped the company after two years of service. Kamlongera known as iron lady among employees at the company joined as Current Affairs Editor for Times Television. Kamlongera’s departure has shocked many TV viewers and news sources at the company because she […]

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