finance Archives

Malawi launches Mgodi overdraft facility

Nov 03, 2023 Mike Kalumbi 0 &

In a joint effort between FINCA, Kuunda, and Airtel, the Mgodi Overdraft Facility project was unveiled on October 31, 2023, with the aim of alleviating liquidity challenges faced by mobile money agents. This initiative, a… ...

Airtel Africa reports revenue growth

Oct 31, 2023 Macmillan Mhone 0 &

Airtel Africa which operates in 14 countries has reported 19.7% growth in constant currency revenue, with reported currency revenues up by 2.3% to US$2.6 billion (about K3 trillion). The provider of telecommunications and mobile money… ...

FMBcapital Holdings post K47 billion profit

Oct 31, 2023 Archangel Nzangaya 0 &

FMBcapital Holdings (FMBCH), the holding company for First Capital Bank operations, has reported a half-year profit after tax of US$42 million (about K47 billion) which is up by 67% from the same period last year.… ...

New Malawi Finance Minister Chithyola lacks experience – analyst

Oct 09, 2023 Archangel Nzangaya 0 &

A political and social commentator has questioned the appointment of Simplex Chithyola Banda as Minister of Finance saying he lacks experience related to the role. This comes as on Saturday, President Lazarus Chakwera appointed Simplex… ...

Mafuta ngambwingambwi akubwera lolemba lomweli – atero a boma

Oct 06, 2023 Mike J. Kangwele 0 &

Mizere yonse mukuyionayi, ati mukuyiona komaliza. Kuyambira lolemba lomweli ili, mafuta akhala paliponse moti malo omwetsera mafuta azichita kuyitanira anthu. Atelo ndi a boma. Malinga ndi mlangizi wa a Chakwera a Ephraim Chibvunde, mafuta osowa… ...

Samalani uko! A ma truck aopseza kuti anyanyalanso ntchito

Oct 04, 2023 Kondwani Mkhalipi-Manyungwa 0 &

Palibe kopumira. Ngati a boma akuti mafuta akusowa chifukwa palibe ndalama za kunja, pompano aonjezekera kusowa chifukwa sipakhala owanyamula. Onse oyendetsa galimoto zikuluzikulu ati kuyambira pa 18 apa ayamba kunyanyala ntchito. Malinga ndi Malipoti, madalayivalawa… ...

TNM’s Head of Internal Audit department Ackson Banda pose with award for Internal Audit Awareness Champion

TNM named Internal Audit Awareness Champion

Oct 03, 2023 Macmillan Mhone 0 &

Malawi’s auditing authority, the Institute of Internal Auditors in Malawi (IIAM) has named TNM Plc as Malawi’s Internal Audit Awareness Champion for the year 2023. The inaugural championship award was presented to TNM during the… ...