FDH Bank plc has given K5 million to Media Institute of Southern Africa (Misa) Malawi Chapter as sponsorship for the awards gala to be held in Lilongwe on Saturday. Speaking during the presentation of the cheque in Blantyre on Friday, FDH Bank plc public relations manager Lorraine Chikhula said they consider the media as their
Sunbird Tourism plc has registered a 307 percent profit after tax jump to K3.1 billion driven by improved revenue, published data shows. During the previous year, the Malawi Stock Exchange-listed hotel chain registered a profit of K749 million. In its summary of audited financial statement for the year ended December 31 2022 jointly signed by
Sunbird Tourism plc has signed a management agreement with Mtalimanja Holdings to manage newly built Kalipano Country Resort in Dowa as part of its expansion drive. In a statement yesterday, the Malawi Stock Exchange-listed hotel chain said operations at the resort are expected to start on May 1 2023. Reads the statement in part: “Sunbird
Malawi is for the first time set to formally have a feel of Islamic banking courtesy of FDH Bank plc which has announced plans to roll out a special window in response to demand for the service in the country. During an investors’ meeting the home-grown Malawi Stock Exchange-listed commercial bank hosted in Blantyre on
Minister of Finance and Economic Affairs Sosten Gwengwe has challenged National Bank of Malawi (NBM) Development Bank to do more in supporting small and medium enterprises (SMEs). Speaking in Lilongwe on Monday when he attended the development finance institution’s Game Changer Documentary, the minister observed that SMEs are key to the growth of the economy.