CDEDI Questions RBM Governor Dr. Wilson Banda’s Silence Over Leaked Results of Forensic Audit

CDEDI Questions RBM Governor Dr. Wilson Banda’s Silence Over Leaked Results of Forensic Audit

“How will stakeholders trust a governor alleged to be an accomplice in leakage of privileged information?” By Watipaso Mzungu The Centre for Democracy and Economic Development Initiatives (CDEDI) has questioned the decision by the Governor of the Reserve Bank of Malawi, Dr. Wilson Banda, to keep quiet while officials at the central bank are leaking […]

FDH AWARDS BEST EMPLOYEE…sends him on Dubai trip with spouse

FDH AWARDS BEST EMPLOYEE…sends him on Dubai trip with spouse

FDH Bank plc has named its Lilongwe Old Town Branch Account Relationship Manager Pempho Khomba as the Best employee for the year 2020 christened ‘Machawi employee of the year’. Presenting the award in Blantyre Monday, FDH Financial Holdings Limited Chief Executive Officer William Mpinganjira applauded Khomba saying he has demonstrated excellence behaviour which is encouraged […]

PCL Staff Donate Christmas Presents to QECH Patients

PCL Staff Donate Christmas Presents to QECH Patients

By Mc Donald Chapalapata, a Contributor Press Corporation plc staff members on Friday took time off their duties to cheer and donate presents to patients at Queen Elizabeth Central Hospital (QECH) in Blantyre as part of festive season. Staff members presented assorted humpers worth K2 million to patients in various wards including children oncology wards. […]

FDH Bank plc Coughs K30 million for MBC Top of the Class

FDH Bank plc Coughs K30 million for MBC Top of the Class

FDH Bank plc has committed another K30 million sponsorship towards Malawi Broadcasting Corporation (MBC) Top of the Class in 2021 which will mark six years of ongoing sponsorship from the bank. The bank’s Head of Marketing and Communication Levie Nkunika made the announcement during the 2020 MBC Top of the Class Finals that were held […]

ITSANANA: Standard Bank Appoints Phillip Madinga As New CEO

ITSANANA: Standard Bank Appoints Phillip Madinga As New CEO

Standard Bank Plc has appointed Phillip Madinga as the bank’s new chief executive officer (CEO) with effect from January 1 2021. Madinga succeeds William le Roux who has been CEO for the bank for the past three years. A statement signed by board chairperson Ngeyi Ruth Kanyongolo says Madinga brings to the bank an extensive […]

NBM plc Awards ICT Innovators

NBM plc Awards ICT Innovators

By Mc Donald Chapalapata, a Contributor Listed National Bank of Malawi (NBM) plc Saturday night awarded innovators in various categories in the ICT Association of Malawi (ICTAM) Innovation Jam awards in Mangochi. Software systems developer Samson Fiado emerged overall winner in the Fintech category with his ‘Easy Books Accounting’, a simple to use and affordable […]

ITSANANA:Tonse Govt Spends K631.1billion In Three Months

ITSANANA:Tonse Govt Spends K631.1billion In Three Months

It has emerged that Ministry of Finance spent K635.1 billion between July and October 2020 amid less revenue collection of K471.8 billion during the period. This development left Treasury with the option to borrow K163.3 billion from the expensive domestic market to finance the deficit. The Nation analysis of the government expenditure shows that between […]

TNM Donates Computers to Yamba CDSS in Chitipa

TNM Donates Computers to Yamba CDSS in Chitipa

By John Chihana Chitipa, December 18, Mana: Malawi’s premier mobile network and ICT services provider, Telekom Networks Malawi (TNM) PLC has donated 12 computer sets with internet connectivity tools (Wi-Fi) to Yamba Community Day Secondary School (CDSS) in Chitipa. TNM’s Brand and Communication Manager, Limbani Nsapato, said the donation was part of the company’s ‘ICT […]

HARD TIMES IN CANAAN: Minibus Operators Raise Fares

HARD TIMES IN CANAAN: Minibus Operators Raise Fares

Minibus Drivers Association of Malawi (MIDRA) has hiked minibus fares by 100 percent in some routes across country. Minbus Drivers announced the sad development barely hours after President Lazarus Chakwera’s administration hiked fuel prices. Malawi Energy Regulatory Authority (MERA) Public Relations Officer, Fitima Khonje has attributed the increase in fuel prices to depreciation of the […]