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Fincoop Sacco injects K10m in village banks for Lilongwe

Fincoop Savings and Credit Cooperative (Sacco) has disclosed that it has disbursed nearly K10 million in business loans to village savings and loans associations (VSLAs) in Lilongwe. The financial...

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FDH Bank plc announces plans to list on Malawi Stock Exchange in August

FDH Bank plc has announced its intention to list on the Malawi Stock Exchange (MSE) in August this year making it the 16th company to be listed on the bourse. Managing Director for FDH Bank plc , Dr...

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National Bank of Malawi CEO hails Mulanje centre for excellent audit

National Bank of Malawi (NBM) plc Chief Executive Officer Macfussy Kawawa paid a surprise visit to Mulanje Service Centre where he awarded all staff members with various gifts for an excellent internal...

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Nutrition promoters hail Afikepo programme in Chiradzulu

Community-based nutrition promoters in Chiradzulu District have commended Afikepo Programme for teaching them how to prepare and preserve locally-sourced foodstuffs. In an interview on Sunday, Mary...

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Malawi private media commended for robust electoral coverage: MBC blasted for...

The Malawi media has been commended for their professionalism to achieve robust and inquisitive coverage in the just conducted court sanctioned fresh presidential elections by a consortium comprising...

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Malawi budget to be withdrawn for Chakwera government to present its first...

The K2 trillion 2020/21 National Budget which is before Parliament may be withdrawn and allow a new Finance Minister to be appointed by incoming president Lazarus Chakwera who may be declared Malawi’s...

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GDP Capital plans to develop coal-fired power plant in Karonga

The GDP Capital and Minerals Group   has plans to develop and invest in a 50Mgwc oal-fired power plant in Karonga , the northern border district of Malawi,  scheduled to commence once all regulatory...

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Felix Mlusu: Malawi’s new purse keeper

President Lazarus Chakwera on Monday appointed  Felix Mlusu as Finance Mnister. The country’s new purse keeper is a former chief executive officer of Malawi Stock-Exchnage listed  NICO Holdings...

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UK Times Radio listeners directed to namesake outlet in Malawi on station’s...

Listeners trying to experience the new Times Radio station in UK on its launch day instead found themselves tuned in to Malawi station bearing the same name. The station launched on Monday with...

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Standard Bank appoints Malawi’s first female Associate Professor of Law as...

Standard Bank plc has appointed the first female Associate Professor of Law at Chancellor College  –  a constituent of the University of Malawi – Ngeyi Kanyongolo  as its chairperson. According to a...

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FDH Bank plc issues IPO at K10 per share to Malawi public

FDH Bank plc has issued an Initial Public Offer (IPO) to the Malawian public who has a chance to own shareholding of the bank. Managing Director  for FDH Bank plc, Dr Ellias Ngalande said with the...

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Govt reviews MEDF loans to excite youths: Increases allocation from K15bn to...

Government has reviewed it allocation to Malawi Enterprise Development Fund (Medf) for youth and women from K15 billion to K40 billion. Presenting the four month provisional budget in Parliament on...

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Day of reckoning lurks for corrupt Malawi Revenue Authority officials

The new Tonse Alliance government that Malawians elected on 23rd June 2020 seems to have ignored the enormous corruption, abuse and colossal irregularities that have been the norm at tax bull, Malawi...

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Lafarge stopped from illegal mining in Chikwawa

Chikwawa District Council has issued an order to Lafarge Cement Company stopping it from illegally mining Pozzolana material in the district. In a letter signed by the Chikwawa District Council...

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Madinga appointment as CEO of Standard Bank to wait for Reserve Bank of...

The appointment of Malawian seasoned banker, Phillip Madinga, as Chief Executive  Officer (CEO) for Standard Bank-Malawi,  has not gone through yet, as the commercial bank said it will wait for Reserve...

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Journo releases book: ‘Khobidi Malawi, The Power of Investment’

Alick Sichali, a journalists,  who works for Ufulu Radio, has written a business book titled ‘Khobidi Malawi, The Power of Investment’ which is aimed at encouraging individuals to start investing by...

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Northern Region Water Board installs 8 000 prepaid meters

Northern Region Water Board (NRWB) says it has installed 8000 prepaid meters in its supply areas in its first phase of the project which commenced in December 2019 to June 2020. In an interview on...

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Chuka to host high level business conference

Former Reserve Bank of Malawi (RBM) governor Charles Chuka  is expected to host a high level business workshop for entrepreneurs which will strive to rectify bottlenecks upcoming entrepreneurs face in...

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FDH Bank introduces loan for share purchase on Malawi Stock Exchange

FDH Bank has introduced a loan of up to K10 million for both customers and non-customers to borrow to enable them purchase shares which the bank is currently offering in anticipation of listing on the...

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Malawi benefits from Comesa digital financial inclusion plan

Malawi is among the top five countries in Africa to benefit from the Common Market for Eastern and Southern Africa (Comesa) digital financial inclusion plan. The regional bloc, Comesa is implementing a...

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