banking Archives

Treasury applauds revamped Standard Bank Private Banking Services

Jul 25, 2024 Mike Kalumbi 0 &

The Ministry of Finance says innovative and bespoke banking services hold the key to achieving economic targets under Malawi's 2063 vision. Secretary to Treasury Betchani Tchereni said such transformative offerings can contribute meaningfully to Malawi's… ...

Standard Bank Invests Millions in Malawi Girls’ STEAM Camp

Jul 10, 2024 Malawi24 Reporter 0 &

In Malawi, Standard Bank Plc has invested MK15 million in the Girls Science, Technology,Engineering, Arts and Mathematics (STEAM) Camp at Malawi University of Science and Technology (MUST),underscoring its commitment to support young women in science education while… ...

How Mobile Payments are Enhancing the Casino Experience in East Africa

Jul 07, 2024 Sibu M. Mokoena 0 &

Photo by Firmbee.com on Unsplash Mobile payments are revolutionising the casino experience in East Africa. Players can now make deposits and withdrawals from their mobile devices, eliminating the need to carry cash or visit a physical casino. This… ...

Standard Bank Shareholders to Receive K25.4 Billion in Dividends

Jun 21, 2024 Malawi24 Reporter 0 &

Shareholders of Standard Bank Plc, listed on the Malawi Stock Exchange, will be pleased to receive a total dividend of K25.4 billion (Malawi Kwacha) or K108.24 per share for the financial year ended December 31, 2023, as agreed at… ...

Online Banking Boom in Africa: “Banking on the Future” Conference Wraps Up

May 23, 2024 Malawi24 Reporter 0 &

Victoria Falls, Zimbabwe - The future of finance in Africa is digital, and a recent conference aimed to chart the course. This past week, the "Banking on the Future" conference, a first-of-its-kind event hosted by EFT Corporation, brought together industry leaders… ...

Malawian footballer Tabitha Chawinga has joined PSG

Centenary Bank ‘Dupes’ Tabitha Chawinga: Lawyer Accuses Catholic-Owned Bank of Organised Crime to Defraud PSG Player

Oct 01, 2023 Malawi24 Reporter 0 &

Malawi's soccer star, Tabitha Chawinga, is caught up in a legal battle over a problematic house purchase from Centenary Bank (formerly MyBucks) as her lawyer accuses the Catholic Church-owned bank of engaging in organised crime… ...

Should Malawi Have Devalued the Kwacha?

Jun 25, 2023 Mtembezeka B.C. 0 &

On May 27, 2022, Malawi woke up to the shock that the monetary authorities had devalued the exchange rate by a whopping 25%. The reason given for the devaluation was that we had to align… ...