Category: Business

An ambient facade that is Alendo Hotel * Hotels run by MIT are by far, the best budget lodging places you can get in Malawi * The rooms are always very clean and so are the beddings and the food is hotel standard * He asks the Minister to go on AirBnB and raise the price to K35,000 minimum * That is what everyone is charging for less than your current standards * And then pay me for this…

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Chimchere (left) and staff colleague Tiyese Kaimira pose with the members of Blantyre Synod * Donation comes a day after FDH Bank signed an MoU with Malawi Forestry Department by adopting Chingale Hills Forest in Zomba *  This is one of the bank’s community engagement under the banner ‘Our Environment’ sustainability pillar By Duncan Mlanjira FDH Bank Plc launched its ‘Be Green Smart’ tree planting season by donating 20,000 tree seedlings to Blantyre Synod’s Church of Central Africa Presbyterian…

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Senior Chief Mlumbe watches as Chitera and Chilima sign the MoU  * FDH Bank is engaged in various initiatives under the banner ‘Our Environment’ sustainability pillar * It includes committing to plant 1 million trees by 2024 through FDH Bank’s staff members and various stakeholders * In support of the World Economic Forum global restorative initiative to grow, restore and conserve 1 trillion trees around the world * The bank also manages a ‘Be Green Smart Tree Planting’ season initiative…

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Katandula poses with one of the 6 Nissan NP200 vehicles up for grabs * Second level competitors stand a chance of winning motorbikes, bicycles and bags of fertilizer * Retail consumers to win cookers, fridges and shopping vouchers * Monthly Instore activations instant prizes include buckets, zitenje, T-shirts and Illovo sugar packets * Customers to write their names and contact numbers at the back of their MRA/VAT receipt * And deposit it in entry box reseller shops and participating supermarkets…

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A private member bill by MP for Dowa West Constituency, Ephraim Abel Kayembe * The objective of the Bill is to iron out challenges Malawians currently face of paying exorbitant interest rates on loans * Interest rates on bank loans and other lending financial institutions have resulted in people’s failure to service their loans * And in some cases leading to seizure of borrowers’ properties they used as collateral on loans obtained By Duncan Mlanjira The Bill that seeks…

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* The K2,000 banknote has been above the 60% threshold for sometime and has hovered above 80% * Also to introduce an upgraded K2,000 banknote to make it more secure * It will include modern security features so that it is harder for counterfeiters to copy By Duncan Mlanjira The Reserve Bank of Malawi has unveiled highest banknote of K5,000, an upgrade from the K2,000 and announced that the Central Bank would soon convert some banknotes into coins. At…

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