Category: News

By Duncan Mlanjira Castel Malawi Limited has informed its members of staff that it will implement its third phase of retrenchment by March 25 and the information gathered is that the exercise targets 200 employees. The second phase that affected almost every department also targeted 200 employees and sources within Castel say the actual number the company wants to get rid of is 600. A short memo dated February 28 signed by Director of Human Resources Naomi Nyirenda, just…

Read More

By Duncan Mlanjira Information and technology expert, Matthews Mtumbuka says the modern insurance customer has become very complex, owing to the digital transformation and that they have several insurance options to choose from as the digital age has made the customer’s access to information so easy. Mtumbuka said this when he presided as the guest of honour at this year’s Institute of Insurance in Malawi (IIM) annual Charter Dinner held at Mount Soche Hotel in Blantyre where he said…

Read More

By Duncan Mlanjira  Chartered insurer, Masautso Malaicha, who has 25 years working experience in general insurance and currently working as underwriting manager at General Alliance Insurance Company, was voted in as the new Institute of Insurance in Malawi (IIM) and was unveiled on Saturday during the Institute’s annual Charter Dinner at Mount Soche Hotel in Blantyre. Malaicha served as vice-president to outgoing president Maclonex Mwase, who works for Britam insurance company as Country Sales Manager, and will be deputized…

Read More