Category: Business

* The promotion has indeed been welcomed by their customers as they have recorded a high number of digital transactions * It was mooted in order to inculcate a cashless society, which is the modern day business practice in this digital era By Duncan Mlanjira As the Usampatse-Timpatsa promotion draws to an end on October 31, FDH Bank Plc is encouraging its customers to continue transacting through its digital platforms to enhances chances of winning beautiful prizes in the…

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Nsapato (left) hands over the sponsorship to MIPS Mbejere * Procurement activities take up an estimated 70% of all national budget activities * TNM greatly values the intermediation role of procurement in driving the flow of finances between private and public sector * And in shaping the development of the country’s national payment systems By Duncan Mlanjira In recognition of the role of the procurement profession, TNM Plc has contributed K5 million towards this year’s Malawi Institute of Procurement…

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* As the country is facing acute forex scarcity, that has led to serious shortage of fuel, RBM is finding more measures to control the forex trading Maravi Express As part of the Exchange Control Guidelines, the Reserve Bank of Malawi (RBM) has revised and amended the conditions applicable for all foreign currency dominated accounts (FCDAs). FCDA is account maintained in another currency other than the currency of the country in which the bank is located and the operation…

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CFTC’s public relations officer, Innocent Helema * There has been an improvement in product labelling by seed and other input manufacturers in terms manufacture and expiry dates * Generally, traders that sell farm inputs are complying with the Competition and Fair Trading Act By Duncan Mlanjira Following instances where some farm inputs were not indicating expiry dates or dates of manufacture — mostly on imported products — Competition & Fair Trading Commission (CFTC) & has intensified inspections on such…

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* This was a sequel of 2020 ‘Iponyereni Kwakuya ndi Illovo’ and last year’s ‘Iponyereninso Kwakuya’ * In Illovo Sugar’s quest of seeking innovative ways to reward its loyal customers and consumers By Duncan Mlanjira Illovo Sugar Malawi Plc has officially handed over fantastic prize of tricycles worth K9 million each to 10 lucky winners who were identified during the Tseketseke Kuma Last promotion the company ran from May to June that was worth K157 million in prizes. This…

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* Smile Rewards is the latest addition to TNM’s MAHAPE *  A communication campaign platform that celebrates broad range of data, GSM and digital transactional products and services By Duncan Mlanjira Malawi Stock Exchange-listed telecommunications and technology service provider, Telekom Networks Malawi (TNM) Plc, has launched a new loyalty bonus program dubbed Smile Rewards that aims to give customers more value for their usage by offering bonus minutes points on their usage and the special occasions that matter to…

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