New Finance Bank introduces agency banking

New Finance Bank (NFB) has introduced agency banking dubbed ‘Banki Pakwathu’ in a quest to increase its customer base and enhance its financial inclusion drive. The innovation will allow customers to access almost all banking services using their mobile phones and agents in urban centres across the country. NFB Chief Executive Officer, Zandile Shaba, said […]

Malawi Bureau of Standards to open labs in Lilongwe, Mzuzu

The Malawi Bureau of Standards (MBS) has revealed plans to open nuclear laboratories in Lilongwe and Mzuzu to accelerate accreditation procedures. This is coming at a time the bureau is constructing a state-of-the art laboratory in Blantyre for similar functions. The revelation was made on Tuesday in Lilongwe when MSB awarded certificates to 95 companies […]

Malawi Bureau of Standards to open labs in Lilongwe, Mzuzu

The Malawi Bureau of Standards (MBS) has revealed plans to open nuclear laboratories in Lilongwe and Mzuzu to accelerate accreditation procedures. This is coming at a time the bureau is constructing a state-of-the art laboratory in Blantyre for similar functions. The revelation was made on Tuesday in Lilongwe when MSB awarded certificates to 95 companies […]

New tool to improve councils’ service delivery

Expectations are high that revenue collection and service delivery in all councils across the country will be enhanced following the launch of Local Authority Performance Assessment (Lapa) tool. The tool was launched by the Ministry of Local Government and Rural Development in collaboration with the Local Government Accountability and Performance (LGAP) project. Principal Secretary in […]

New Finance Bank launches civil servants loan facility

In a bid to empower civil servants to establish and grow start-up businesses, one of the country’s high street banks, New Finance Bank Malawi (NFB), has introduced a loan facility dubbed Government Payroll Loan. The facility will help government workers to borrow any amount of money, depending on their salary. NFB Marketing and Customer Experience […]

Southern African leaders found wanting

Malawi has failed to transform its infrastructure owing to the nature of its leadership since independence, contends a new book titled ‘Towards Democratic Developmental States in Southern Africa’. The book, which was a project by the Open Society initiative for Southern Africa (OSISA), has evaluated five countries in the region which are Malawi, Botswana, Namibia, […]

Government, partners Usaid, Dfid in mobile money revenue collection

The government in partnership with Usaid and Dfid has launched a pilot project in Lilongwe District, to enhance transparency in revenue collection at council level. The initiative, established as part of the Local Government Accountability and Performance (LGAP), will among others see vendors paying market fees through mobile money platforms. The money will go into […]

Afri-Oils opens factory in Lilongwe

Afri-Oils Limited on Thursday opened a multi-billion kwacha groundnut processing factory in Lilongwe with expectations of boosting the country’s groundnuts industry and providing a ready market to farmers. Afri-Oils Limited Chairperson, Tim de Borde, said the firm seeks to move smallholder farmers up the value chain, while expanding the volume of fair trade and other […]

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