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Author: Duncan Mlanjira

National Investment Trust targets K100 billion posts by 2027
June 21, 2023
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| Business, News

* Expecting to post K11.5 billion in its 2023 half year by June from K1.5 billion realized same period in 2022 * Our journey has been successful for the past 5 years except the period of CoVID-19 * Where things was tough but since we have a vibrant investment committee and managers we managed to survive By Victor Singano Jnr Director and chairperson of the Board, Esther Gondwe says National Investment Trust (NITL) Plc has set a target of…

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Ethiopia help Guinea qualify for AFCON 2024 Côte d’Ivoire finals by draw with Malawi
June 21, 2023
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| International Sports, News, Sports

The match played at neutral venue Zimpeto Stadium in Maputo, Mozambique * The Flames needed to beat both Ethiopia and Guinea to qualifiers as runners-up * We started on a wrong foot and we were rushing things—Coach Mabedi * We were supposed to be a little bit patient on the ball. But we lost it and gave away possession cheaply Maravi Express It was the usual song of so near, yet so far. When it mattered most, the Flames…

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Save the Children pleads for government, police’s action over alarming children cyber bullying practice
June 21, 2023
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| Education, Law Enforcement, National, News

  * This year’s event was celebrated under the theme: ‘The Rights of the Child in the Digital Environment’ * There are concern over increased cases of children cyber bullying abuses * As well as other crimes which he said are affecting children in many ways, including their education By Victor Singano Jnr In commemorating the Day of the African Child, one of top organisations that fights for the rights of youths people in the country, Save the Children,…

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FCB awards two outstanding Ngumbe CDSS learners with K145,000 each; Drills students on financial literacy
June 21, 2023
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| Education, News

* Our main objective is to encourage the students at school to work extra hard in class in order to achieve their goals * The bank’s corporate social responsibilities focus area is education hence we drilled the students on financial literacy as well as the importance of education By Victor Singano Jnr In encouraging hardworking spirit in class, First Capital Bank has awarded two top students (male and female) of Ngumbe Community Day Secondary School in Blantyre with K145,000 each…

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Gaba made Premier Bet Malawi brand ambassador
June 21, 2023
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| News, Sports

By Victor Singano Jnr Malawi international football star, Gabadinho Mhango — plying his race with South Africa Premier League outfit, Amazulu FC — has been unveiled as the brand ambassador for the local betting firm, Premier Bet Malawi company for a one-year agreement. The leading betting company announced the development on Friday at Ryalls Hotel in Blantyre where the official signing ceremony with the former Nyasa Big Bullets and Orlando Pirates star took place. Premier Bet Malawi Chief Executive…

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More local honours accorded Tabitha for her record European exploits as Standard Bank awards her with K1m
June 20, 2023
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| News, Sports

* It resonates with Standard Bank’s purpose: #Malawi is Our Home; We Drive Her Growth#. * FAM awards her with a personalised Scorchers kit labelled TC11 with number 23 — representing number of goals she scored in Italy By Duncan Mlanjira President Lazarus Chakwera and the First Lady said they were “incredibly proud” of Malawi women international striker, Tabitha Chawinga’s “outstanding performance and her unwavering commitment to the sport”; the Confederation of Southern Africa Football Associations (COSAFA) described her…

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TNM recovers from loss to record 150% half-year net profit
June 20, 2023
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| Business, News

* This follows strong revenue performance in the first and second quarters of 2023 * There are also many positive indicators in key business segments, especially mobile money, voice and data By Duncan Mlanjira Profit after tax for Malawian-owned mobile telecoms operator, TNM Plc will be 150% higher than the same period last year, the operator said in a Trading Statement on Friday, citing good performance for the first half of the year. The statement says the half-year…

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UK introduces new post-Brexit trading scheme for developing countries including Malawi
June 20, 2023
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| Business, International, News

* Scheme cuts tariffs on products entering the UK from 65 developing countries * It will help reduce import costs by over £770m per year, benefiting UK consumers and businesses By Duncan Mlanjira The United Kingdom (UK) has introduced a landmark developing countries trading scheme that has entered into force on Monday, June 19 with Malawi as part of the list to benefit from the scheme that covers 65 countries that are home to over 3.3 billion people —…

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TNM to donate 1 free minute to all its customers for every goal Flames will score against Ethiopia as part of Mahape slogan
June 20, 2023
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| International Sports, News, Sports

* This is our way of extending the Mahape moments to the football fraternity, and motivating the Flames to score * The Flames must win the two remaining matches against Ethiopia and Guinea to stand a chance of a booking ticket to Côte d’Ivoire next year By Duncan Mlanjira Ahead of today’s 2023 Africa Cup of Nations (AFCON) qualifier against Ethiopia at Zimpeto Stadium in Maputo, TNM Plc has pledged to donate 1 free minute to all its customers…

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42 grocers and table tops win iron sheets and bicycles in 1st draw of Illovo Sugar’s ‘Tseketseke Kuma Last’ promotion
June 20, 2023
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| Business, News

* Consumers set to be rewarded by the end of the promotion period for 3 main big prizes * Of 6 cookers, 6 upright fridges and 6 shopping vouchers worth K250,000 for a total of 6 winners for each category By Duncan Mlanjira The first draw of Illovo Sugar Malawi’s ‘Tseketseke Kuma Last’ in the grocers and tabletops segments identified 42 lucky winners that walk away with sheets and bicycles. This biggest promotion of the year 2023, which was…

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Posted in Business, News Comments Off on 42 grocers and table tops win iron sheets and bicycles in 1st draw of Illovo Sugar’s ‘Tseketseke Kuma Last’ promotion