money Archives

Old Mutual Malawi declares 34.4 percent bonus on Guaranteed Fund

May 02, 2023 Macmillan Mhone 0 &

Old Mutual Malawi has declared a 34.4 percent bonus on its Guaranteed Fund, saying this has been achieved due to a strong performance on investments. The company unveiled the bonus at a function held on… ...

Malawi to benefit from Grand Challenges Initiative Africa

Apr 29, 2023 Mike Kalumbi 0 &

Malawi through the National Commission for Science and Technology (NCST) has been initiated in the Grand Challenges Initiative Africa. This means that the country will be having access to resources though the initiative as well… ...

World Bank provides K150 billion for water project

Apr 28, 2023 Mwayi Mkandawire 0 &

World Bank has provides $145 million grant (close to K150 billion) for the implementation of Water and Sanitation Project in Malawi. The project which will be implemented by Blantyre Water Board (BWB) seeks to address… ...

RBM seeks to boost MSMEs with FInES project

Apr 28, 2023 Archangel Nzangaya 0 &

The Reserve Bank of Malawi says the Financial Inclusion and Entrepreneurship Scaling (FInES) project will boost thousands Micro Smallscale and Medium Enterprises (MSMEs) in the country through soft loans and trainings. This was disclosed on… ...

Salima School team players given K100,000 each

Apr 21, 2023 Malawi24 Reporter 0 &

NBS Bank has given 100,000 Malawi Kwacha to each Salima Secondary School Football Team player after the team won bronze at the CAF African Schools Championship in South Africa. The gesture has been announced today… ...

Chakwera administration to spend K1 billion on new vehicles

Apr 18, 2023 Malawi24 Reporter 0 &

The Lazarus Chakwera administration plans to spend K1 billion on new luxury vehicles for ministers and principal secretaries. A report published by The Nation indicates that the Government wants to buy two Toyota Landcruiser VXL… ...

Foundation holds big walk for 700 needy MUBAS students

Apr 09, 2023 Malawi24 Reporter 0 &

By Mercy Nsaliwa Tiwafikire Charity Foundation (TCF) in partnership with Malawi University of Business and Applied Sciences (MUBAS) has held a big walk to raise K15 million for 700 needy students at MUBAS who are… ...