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FDH Bank eyes Zambia, Mozambique markets

FDH Bank plc says it has conducted market surveys in Zambia and Mozambique to assess the feasibility of penetrating the regional markets as part of its long-term expansion strategy. The bank’s managing director Noel Mkulichi said this on Tuesday in Blantyre during the second FDH Bank Investors’ Forum. In his presentation, he said the Malawi ....

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NBM to launch share purchase loan facility

National bank of Malawi (NBM) plc has introduced a share purchase loan facility as one way of encouraging individuals to buy shares on the Malawi Stock Exchange (MSE). Speaking on the sidelines of a cocktail the bank organised for small and medium enterprises (SMEs) at the weekend in Blantyre, the bank’s chief executive officer Macfussy ....

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Airtel loses K56bn to kwacha decline

Malawi Stock Exchange-listed Airtel Malawi plc, says it has lost K56 billion following a 66 percent kwacha fall experienced in 2023. The firm said this in its published financial results for the year ended December 31 2023 co-signed by the company’s board chairperson Ngeyi Ruth Kanyongolo and managing director Charles Kamoto. In 2022, the firm ....

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Banks justify bonus payouts | Nation Online

Banks justify bonus payouts | Nation Online
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