Category: News

* Designed intentionally to support every stage of customers’ journey * At NICO, we believe our purpose is not just to provide financial solutions; it goes beyond that, as we also believe in extending our purpose to create a path to prosperity for our customers, our partners, and the nation at large By Duncan Mlanjira On the sidelines of the Malawi Confederation of Chambers of Commerce & Industry (MCCCI) Business Leaders’ Summit 2026 currently underway in Mangochi, NICO Holdings…

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* The focus is on executing a safe and responsible production run while continuing to work closely with key stakeholders to support the needs of the domestic market * Safeguarding sugar availability for Malawi is critical. Factors such as market leakages, including illegal exports, require continued collaboration—Managing Director Ronald Ngwira By Duncan Mlanjira Illovo Sugar Malawi Plc has announced the commencement of the 2026 sugar production season at both of its estates in Nchalo, Chikwawa and Dwangwa in Nkhotakota,…

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NICO Holdings Group Chief Operating Officer, Kwanele Ngwenya * As lead sponsor of MCCCI Business Leaders’ Summit 2026 currently underway in Mangochi under the theme; ‘Leading with Purpose: Harnessing the Power of Transparency and Accountability’ * For us, we see this as an opportunity for engaging government and for government to appreciate the pressing issues that are affecting the private sector * We, as NICO are ready to anchor government’s development plan, we are ready to develop the economy…

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* Of fuel scarcity, shortage of foreign exchange, high cost of living, current state of national reserves and full and transparent investigative closure of Amaryllis Hotel * Including to present to Parliament and the public a comprehensive and time-bound economic stabilisation plan with concrete measures to address the economic challenges By Duncan Mlanjira The opposition party, United Democratic Front (UDF) says it is deeply concerned with “the rapidly deteriorating economic situation in Malawi” and thus calls on President Peter…

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* Awesome news. Through this investment Lilongwe City Council, the Bank plus citizens can achieve more—Dennis Imaan * We can defeat dust in Lilongwe with grass and tree planting. Dust must be a thing of the past, let Lilongwe breathe at last—Blessings Samuel Phumisa By Duncan Mlanjira Lilongwe residents have warmly welcomed the initiative by Standard-Bank-to-decorate-Dr-Saulos-Chilima-Highway-with-ornamental-trees/, saying through the investment the City Council, the Bank and the citizens can achieve more in the greening and restoration of the Capital’s…

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* In essence, the World Bank Rapid Response Facility (RRF) can stabilise Malawi today, but only structural reform can secure Malawi’s tomorrow By Chifipa Mhango, Don Consultancy Group Chief Economist Malawi’s urgent appeal to the World Bank for support under the Rapid Response Facility (RRF) reflects both the severity of the current external shock and the structural fragility of the economy. The spillover effects from the US-Israel-Iran conflict, particularly through higher global fuel, fertilizer, and food prices, have exposed Malawi’s…

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