Ecobank Malawi has obtained a $10 million trade financing guarantee from Proparco, which will enable the bank to secure confirmation lines on Letters of Credit for the importation of strategic commodities like fertilizers.
In a pioneering move within the realm of savings and credit cooperatives (Saccos), Mudi Sacco has emerged as a trailblazer by introducing its innovative WhatsApp Chatbot exclusively for its members, marking a significant leap forward in technological integration among over 40 Saccos nationwide.
Operations at Mphunzitsi SACCO, formerly known as Thyolo Teachers SACCO, have been brought to a standstill after workers staged a strike on Tuesday, accusing Chief Executive Officer James Tembo of cor...