money Archives

Electricity blackouts frustrate family’s dairy farming business

Sep 11, 2022 Raphael Banda 0 &

Ntawila family from Makungula Village, Traditional Authority Nkagula in Zomba say electricity blackouts have greatly affected their dairy and poultry farming businesses. Gloria and Lovemore Ntawila told Malawi 24 that they started daily farming in… ...

Ecobank loans of up to K15 million extended to Civil Servants

Sep 09, 2022 Archangel Nzangaya 0 &

Ecobank Malawi has extended unsecured personal loans of up to K15 million on a 36-month tenure to civil servants, including those who are not the bank’s customers. This is according to Ecobank Malawi's Country Head… ...

Roads Fund says measures in place to prevent theft at tollgates

Sep 09, 2022 Gracious Zinazi 0 &

Roads Fund Administration says it has a tollgate management system which is very robust and capable of picking any red flags to prevent theft of funds by employees at the tollgates. This comes following previous… ...

Lhomwes in ‘Kuipatsa Moto Mulhako Festival’ fundraiser

Sep 08, 2022 Archangel Nzangaya 0 &

With only a month to this year's Mulhako Wa Alhomwe Festival, the cultural group has organized a fundraising event this Sunday where Malawi's reggae specialists, the Black Missionaries will share the stage with Joe Gwaladi… ...

Man wins K100,000 in Ecobank’s weekend promo

Sep 03, 2022 Archangel Nzangaya 0 &

Public Relations Officer for Deputy Minister of Lands, Horace Changaipe, has won K100,000 Xpress Cash token during the second draw of Ecobank's Weekend Stater' promotion. The promotion that was launched two weeks ago, is aimed… ...

Castel Malawi hikes alcohol prices

Aug 31, 2022 Malawi24 Reporter 0 &

Castel Malawi has raised prices of beers, spirits and alcomix, saying the devaluation of the Kwacha and scarcity of forex has led to a high cost of production. In a letter to partners, Castel’s Head… ...

Ecobank posts K11.6 billion profit

Aug 24, 2022 Archangel Nzangaya 0 &

Ecobank Malawi Limited has posted its 2022 half-year summary of unaudited results, recording a profit before tax of MK11.6 billion which represent a 95% growth in comparison to half-year unaudited results for 2021. The results… ...