Standard Bank - BOL to Wallet

Africa Renewable Energy Fund II Secures €130M With SEFA & CTF Investments

The Africa Renewable Energy Fund II has achieved its first close at €130 million, following a joint investment of €17.5 million from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank.

NICO Spends K2.8 billion in Refurbishing 2 Houses

NICO Group on Thursday unveiled two refurbished houses; NICO House which was razed down by fire in 2018 in Blantyre and Kapeni House.

Tobacco Sales Excite AHL Despite Workers' Strike

The AHL Group says tobacco sales continue performing better than last year despite industrial action that some workers of the Group staged recently.

NICO Celebrates 50th Anniversary with “The One”

It is NICO Group’s 50th anniversary, and the Group is celebrating the moment by introducing “The One” campaign to increase its visibility as it keeps growing.

Cross Border Traders Ask Govt to Engage Mozambique on SADC Protocol

Cross border traders have asked government to engage Mozambican officials to adhere to SADC trade protocols amid increasing reports that Malawian business people face a lot of hiccups.

Old Mutual Partners Precious Medical Insurance in Medica Cover

Old Mutual Life Assurance Company (OMLAC) has partnered with Precious Medical Insurance in provision of annuitants medica cover to the former’s employees.

NICO Prepares People for Retirement

NICO General Insurance Company has implored on people in the country to timely start preparing for their retirement to ease challenges that come with retirement.

General Manager for NICO Pension, Gerald Chima, says life becomes unbearable for people who fail to prepare for their retirement.

He said this on Tuesday during the Retirement Planning Seminar the company organized in Blantyre.

“What happens is that people have a lot of needs. Maybe they relied much on company properties such as house and car. It now becomes hard when they leave all that during retirement.

“Imagine, they were used to posh cars and now they are walking; they were used to self-contained houses now they living in small houses and even staying at the village. That brings depression.

“Some changes in life bring stress that can even lead to death. That is why we are here to promote saving culture. The challenge is we relax a lot until we reach forties which is too late depending on responsibilities that we have. We need to start now before it is too late,” he said.

Main speaker during the event, Jimmy Lipunga, says the seminar was “to make sure that we equip one another with basic skill. It is not complicated.

“We just want to say that you can begin to prepare now by saving and accumulate benefits that will help you during your retirement.”

FINCA Splashes K1.1 Million in Dabo Dabo Promotion

FINCA Malawi has given away K1.1 million in cash prizes to four lucky winners in its Dabo Dabo Promotion.

NBM Introduces Kasupe Finance

National Bank of Malawi (NBM) has introduced Kasupe Finance programme that is aimed at uplifting livelihoods of people doing village savings and loans (VSLs).

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