Business – Page 146 – Maravi Express – Your Kind of News. Clear and accurate.

From K1.9bln revenue that BWB generates in a month, K1.3bln goes towards ESCOM bill; To implement independent solar power production

July 27, 2023

* A solar farm shall be constructed at its 12-hectare land at Nguludi pumping station * The high ESCOM cost is through the long distance Walkers Ferry because of gradient * Which is further assisted by Kameza booster pumping station in Chileka By Duncan Mlanjira From the numerous production costs that Blantyre Water Board incurs to provide reliable and affordable water supply services to its customers, the cost of power from Electricity Supply Corporation of Malawi (ESCOM) for pumping…

NICO Group donates four CCTV cameras to Blantyre Police

July 27, 2023

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| Business, Law Enforcement, News

* Security is paramount in the society as it contributes to the development of every country * As such, it is our belief that the cameras will play a big role in supporting Malawi Police in their operations * We are very sure that once they’re put in use our city will be crime free By Victor Singano Jnr As one of way of contributing to smooth security operations and reduce crime rate in the city, NICO Group on…

Mpamba adds UNIMA to its payment ecosystem; Partnership to help ease tuition payments

July 27, 2023

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| Business, Education, News

* Mpamba strives to provide seamless payment capabilities to Malawians for their enhanced experience with financial technology * The partnership with UNIMA today is a witness of our growth in the payment ecosystem By Duncan Mlanjira TNM Mpamba Limited, the wholly-owned subsidiary of Malawi’s pioneer mobile network services provider, TNM Plc, has partnered with University of Malawi (UNIMA) to provide convenience in payment of tuition fees for the university’s students. The integration enables parents, guardians, and students to make…

NICO Pension introduces ‘Retire Ready and Win’ promotion

July 27, 2023

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| Business, News

* Introduced after noticing a low registration number of members connecting electronically * To the application platforms namely USSD, Mobile Smart App and Online Portal By Victor Singano Jnr NICO Pension, a subsidiary of NICO Holdings Limited, has introduced a new promotion campaign called ‘Retire Ready and Win’ whose main objective is to encourage its pension funds members to be able to connect with the company through its three newly-launched online application platforms. NICO Pension General Manager, Gerald Chima…

BWB, UNIMA sign MoU for provision of technical assistance

July 26, 2023

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| Business, News

* For water testing and also provide opportunity for the university’s students of accessing practical job attachments at BWB * We’ll be able to exchange knowledge and we strongly believe that the students will positively contribute a lot By Victor Singano Jnr Blantyre Water Water (BWB) and University of Malawi (UNIMA) have signed a memorandum of understanding (MoU) — an agreement of technical assistance which will allow BWB to be using UNIMA laboratories for water testing and also provide…

First Capital Bank Plc appoints Agness Jazza as new CEO

July 26, 2023

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| Business, News

* She established her career with the bank immediately after completing her undergraduate studies * And her success is a true reflection of FCB’s belief in nurturing talent and commitment to staff development By Duncan Mlanjira Agness Jazza, who was deputy chief executive officer (CEO) for First Capital Bank Plc, has now been elevated as the new CEO effective July 21, replacing Spiro Georgopoulos. In a statement, FCB chairman of Board, Terence Davidson takes cognizance that Jazza has served…

Lilly Alfonso, Wealth Magazine partner for ‘Fashion Meets Business Fashion Show’

July 25, 2023

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| Business, Entertainment, News

Lilly Alfonso and Harry Chima connected * Scheduled at Bingu International Convention Centre (BICC) in Lilongwe on August 24-25 * The event is a challenging journey into demystifying the complementarity of the two industries of fashion and business By Duncan Mlanjira Celebrated fashion mogul, Lilly Alfonso has partnered Wealth Magazine to host the first of its kind ‘Fashion Meets Business Fashion Show’ — an event that will combine business and fashion in a worldclass style. Scheduled at Bingu International…

BBC faces review of licence fee model with alternative methods considered

July 23, 2023

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| Business, International, News

* The BBC’s annual report revealed that the number of active licences had fallen by 500,000 to 24.4m since last year * The evidence that there is a growing unwillingness to pay is shown by figures each year * The licence fee model is becoming unsustainable By Hayden Vernon, The Guardian The British Broadcasting Corporation (BBC) is facing a review into its funding model with subscription, a broadband levy and even advertising touted as potential alternatives to the licence…

National Investment Trust posts K7m profit after tax in 2022; Projects impressive performance in 2023

July 22, 2023

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| Business, News

* The company is eager to sustain the impressive performance in the coming years * So that they continue improving by registering growth in terms of profits By Victor Singano Jnr National Investment Trust (NITL) Plc has announced that it has managed to post K7 million as profit after tax in 2022, which is a great growth of over 60% compared to 2021 when the company posted K4.5 million. During its annual general meeting (AGM) on Thursday at Ryalls…

NICO General launches WhatsApp Chatbox and Broker portal to improve clients service needs

July 22, 2023

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| Business, News

Donbell Mandala, NICO General CEO * These services are very effective and our objective is to make sure there is efficiency for our partners * So that each and every customer is able to interact with us timely and instantly By Victor Singano Jnr NICO General has launched new digital platforms named WhatsApp Chatbox and Broker Portal’ which are aimed at meeting customers needs in the digital technology and improve their daily services. The two platforms, which were unvield…