Month: January 2020 Posts

Mpinganjira steps aside as FDH CEO

Jan 30, 2020 Daniel Sapuli 0 &

Banker Thom Mpinganjira has stepped aside as Chief Executive Officer of FDH Financial Holdings Limited following his arrest in connection to attempts to bribe judges. According to the bank, Mpinganjira who is on bail has… ...

Mpinganjira released at midnight

Jan 23, 2020 Lindiwe Sambalikagwa 0 &

…ACB says Judiciary is rotten Bribery suspect Thomson Mpinganjira was released at around midnight after a magistrate in Zomba issued an order cancelling a warrant of arrest earlier obtained by the Anti-Corruption Bureau (ACB). The… ...

FDH Bank boss Mpinganjira arrested over attempts to bribe judges

Jan 22, 2020 Mwayi Mkandawire 2 &

The Anti-Corruption Bureau (ACB) has arrested FDH Bank Chief Executive Officer Dr. Thomson Mpinganjira following attempts to bribe five Constitutional Court judges presiding over the Presidential Elections Case. ACB spokesperson Egrita Ndala has confirmed the… ...

Former Malawi central bank boss appointed FDH MD

Jan 03, 2020 Malawi24 Reporter 0 &

FDH Bank has appointed former Reserve Bank of Malawi Governor, Dr. Ellias Ngalande, as Managing Director. Ngalande’s appointment is effective 2 January, 2020. He replaces Ivorian Eric Ouattara who left FDH last year. In a… ...

FDH hacked? Bank says no

Nov 28, 2019 Malawi24 Reporter 0 &

FDH Bank has dismissed reports that its system has been hacked and customer data stolen or compromised. The bank said this in a statement on Wednesday following reports that its system was hacked. According to… ...

Malawi Queens secure K360m sponsorship package

Nov 12, 2019 Andrew Cane Chilapondwa 0 &

FDH Bank and Netball Association of Malawi (NAM) have signed a three-year K360 Million sponsorship deal for the Malawi National Netball team. The historic deal will see the Queens getting K100 million per year for… ...

FAM, FDH sign K450m cup sponsorship deal

Sep 26, 2019 Andrew Cane Chilapondwa 0 &

...Cup winner to take home K25m... FDH Bank and Football Association of Malawi (FAM) have signed a five year cup sponsorship deal worth K450 million. The signing ceremony took place on Thursday at Mpira Village… ...

Mpinganjira says his life under threat over links to DPP

Jul 17, 2019 Malawi24 Reporter 2 &

FDH Bank boss Thom Mpinganjira says speculation that he bankrolls the ruling party and is earmarked to succeed President Peter Mutharika is putting his life in danger. The FDH Bank Chief Executive Officer (CEO) made… ...

Activists stopped from linking FDH to election rigging

Jul 10, 2019 Lindiwe Sambalikagwa 0 &

The High Court has granted FDH Bank and its owner Thomson Mpinganjira a court order restraining activists Timothy Mtambo and Gift Trapence from linking the bank to election rigging. The order which has was issued… ...

FDH worried its property will be damaged during demos

Jul 03, 2019 Mwayi Mkandawire 4 &

FDH Bank has expressed concern that protesters will target its property during the vigils organised by Human Rights Defenders Coalition (HRDC). The bank said this in a letter signed by its lawyer Patrice Nkhono addressed… ...

FDH shoots down Daily Times: Says K4 billion cheque for MEC is not a DPP bribe

Jul 02, 2019 Lyonike Mughogho 0 &

FDH Bank has described as nonsense the story that a K4 billion cheque issued to Malawi Electoral Commission (MEC) through the bank was a bribe to palm oil the electoral body. The financial institution is… ...

FDH Bank doubles Flames sponsorship

Dec 19, 2018 Archangel Nzangaya 0 &

FDH Bank has doubled its sponsorship for  Malawi National Football Team to K60 million. This was revealed today at Mpira village in the commercial city of Blantyre at a symbolic cheque presentation ceremony. Briefing the… ...

Role models inspire Mzuzu students

Oct 16, 2017 Mike Lyson Zgambo 0 &

A range of professionals gave career advice to students at Zolozolo Secondary School in Mzuzu. The initiative was carried out under Career Guidance Project which is being implemented by SOS Children's Village. Speaking to Malawi24,… ...

NBS Bank executive arrested for fraud

Sep 06, 2017 Malawi24 Reporter 0 &

Police in Blantyre on Tuesday arrested a senior banker at NBS Bank for stealing millions of money when he was working for another bank. Matthias Sulumbu who is Chief Financial Officer at NBS stole K55… ...

NBM, FDH respond to central bank’s policy rate cut

Jul 13, 2017 Luke Bisani 2 &

Days after the Reserve Bank of Malawi (RBM) lowered its interest rate to 18 percent, two commercial banks have responded to the interest rate cut. The two banks, National Bank of Malawi (NBM) and Financial… ...