Month: May 2017 Posts

NBS Bank robber gets 9 years IHL

May 05, 2017 Chikondi Magalasi 14 &

A court in NkhataBay district has sentenced 25-year-old Bright Banda to nine years behind bars for breaking into a NBS Bank branch. On 15 April this year Banda with his three friends whom the police… ...

Malawi crime: Nkhatabay NBS bank robbed

Apr 18, 2017 Bright Malenga 1 &

Robbers on Saturday broke into an NBS branch in Nkhatabay and went away with various gadgets, Malawi24 has learnt. Police in in the district have since arrested Bright Banda, 25, in connection to the robbery.… ...

Malawians should expect high interest rates – NBS

Apr 05, 2017 Bright Malenga 1 &

NBS Bank has warned Malawians to expect a high interest rate environment even though the economy of the country is projected to be on rebound mainly on account of improved food situation. NBS has said… ...

Malawi Crime: K4.2m stolen from Mangochi NBS Bank, thieves on the run

Aug 24, 2016 Mwayi Mkandawire 57 &

Security seems to be going to the dogs again in Malawi with the latest incident involving the theft of  K4.2million at NBS Bank Mangochi Branch last week by armed robbers. Mangochi Police Station Public Relations Officer, Inspector… ...

Police arrest robbers who stole from NBS bank

Mar 11, 2016 Bright Malenga 70 &

Police have arrested two people for breaking into Nkhotakota NBS Bank in order to steal millions of cash. The criminals broke into the bank last week after they climbed a fence that surrounds the premises… ...

Consumer rights body wants NBS Bank to compensate customers

Oct 08, 2015 Luke Bisani 18 &

The Consumers Association of Malawi (CAMA ) has demanded a compensation from New Building Society (NBS) Bank following a system crash that has led suspension of bank transactions. Information that Malawi24 has, indicates that NBS… ...

Malawi financial meltdown: NBS Bank close down

Oct 07, 2015 Aubrey Makina 7 &

The financial difficulties that the country is going through continue to rear their head. After the government of President Peter Mutharika rescinded on its decision to hire medical professionals owing to its lack of money,… ...