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 […]

Zomba vendors equipped in entrepreneurial skills

Small and Medium Enterprises Development Institute( Smedi) has urged Zomba based vendors to keep records of their transactions in order to track their operations and determine whether they are making losses or profits. The remarks were made by Smedi’s acting Chief Executive Officer, Richard Zidana, on Friday at St Georges Anglican Church Hall in Zomba. […]

Energy sector gets $2 million boost

Millennium Challenge Account-Malawi (MCA-Malawi) has commissioned machinery worth $2 million to the Energy Generation Company (Egenco) for weed harvesting and clearing of debris in the Shire River. The machinery— which includes two weed harvesters, shore conveyers and tipper trucks—will help to reduce blockages at the Nkula Hydropower Generation Plant. The amount is a component of […]

Chamber elects officers

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) Annual General Meeting (AGM) in Blantyre Wednesday elected Farmers Union of Malawi (Fum) Chief Executive Officer, Prince Kapondamgaga, as its new president. Kapondamgaga takes over from Karl Chokhotho, who has been at the helm of the private sector mouthpiece in the last two years. Kapondamgaga […]

Chamber elects officers

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) Annual General Meeting (AGM) in Blantyre Wednesday elected Farmers Union of Malawi (Fum) Chief Executive Officer, Prince Kapondamgaga, as its new president. Kapondamgaga takes over from Karl Chokhotho, who has been at the helm of the private sector mouthpiece in the last two years. Kapondamgaga […]

Chamber elects officers

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) Annual General Meeting (AGM) in Blantyre Wednesday elected Farmers Union of Malawi (Fum) Chief Executive Officer, Prince Kapondamgaga, as its new president. Kapondamgaga takes over from Karl Chokhotho, who has been at the helm of the private sector mouthpiece in the last two years. Kapondamgaga […]

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