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NBS Bank migrating to new advanced banking system

Malawi's leading home-grown commercial bankers, the Red Brigade, NBS Bank Plc has announced plans to upgrade its T24 core banking system to the new FLEX-CUBE...

Salima Sugar Company registers K2.4bn profit

Embattled debt-laden Salima Sugar Company Limited says it has made a profit of over K2.4 billion in the 2024/25 financial year due to operational...

FDH Bank donates K15 million to Umthetho Cultural Festival

Spurred by the greater need for the appreciation of the importance of the preservation of cultural heritage in the country, Malawi's leading home-grown commercial...

NICO Group gives K35 million to Umthetho Cultural Festival

Driven by people-centred values, which embodies a great vision of unity, diversity, and artistic expression that encourages community involvement NICO Group led by NBS...

Insurance Association to enforce digital certificates’ use by New Year’s Day of 2025

Across the globe, no financial sector can resist technological disruptions and survive and the pace in embracing technological changes in the insurance industry has...

MRA projects K3.26 trillion profit for 2024-2025 fiscal year

The country's tax enforcers, the Malawi Revenue Authority (MRA) says it is projecting a K3.26 trillion Kwacha profit by the end of the 2024/2025...

Icon Properties profit-after-tax jump to K19.2 billion in 2023

A leading property management company, Icon Properties, which is a subsidiary of NICO Group Company has announced a 14.97 percent increase to K19.2 billion...

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