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Tag: William Mpinganjira

Hope rises for exporting firms

Business, Exclusive, Featured, News
About 150 local small and medium enterprises (SMEs) in export trade have been earmarked to benefit from the $10 million (about K17.5 billion) Africa Trade Exchange (Atex) finacing facility to export their goods to African and Caribbean markets. The move, courtesy of Egypt-based African Export and Import Bank (Afreximbank) and home-grown FDH Bank plc, which was sealed during the Third Intra-African Trade Fairs in Cairo in November last year, is expected to boost foreign exchange inflows as Malawi continues to grapple with forex scarcity. Mkulichi: We will reach out to more SMEs Speaking on the sidelines an Atex breakfast engagement in Blantyre yesterday, FDH Bank plc managing director Noel Mkulichi said the Malawi Stock Exchange-listed bank is hoping to reach out to more SMEs and ...
FDH Bank says Atex critical platform for business growth

FDH Bank says Atex critical platform for business growth

Business, News
FDH Bank plc says their partnership with Egypt -based Africa Export and Import Bank (Afreximbank) through the African Trade Exchange (Atex) is a critical platform for growth of local businesses and the economy. In a statement following the FDH Bank plc-Atex Customer Breakfast in Lilongwe, the bank’s managing director Noel Mkulichi said as a token of appreciation and a symbol of their commitment, the bank is offering an opportunity to connect local businesses with international importers and exporters, paving the way for fruitful partnerships. He said: “As a bank that champions growth, we look at this as a great avenue for growth of your businesses and the country at large. “The Malawi 2063 aims to transform Malawi into a wealthy and self-reliant industrialised upper-middle-income...
FDH Bank Is The First Bank To Open Branch On The Likoma Island

FDH Bank Is The First Bank To Open Branch On The Likoma Island

Business, National, Stories
First Discount House (FDH) Bank on Monday officially opened a banking facility in Likoma, becoming the first bank to open a branch in the island district. Speaking during the official opening of the bank, Minister of Finance Simplex Chithyola Banda commended FDH bank for the facility, saying it will help to improve socio-economic wellbeing of people in the district. “I would like to appeal to people in the district to take advantage of the bank to improve their socio-economic wellbeing through safe keeping of their savings, borrowing to expand their businesses and accessing insurance services in case of eventualities, among others,” said Banda. He said the bank has shown that it is a true and reliable government partner as it has spearheaded various development initiatives th...
FDH Bank To Open Branch At Likoma Island

FDH Bank To Open Branch At Likoma Island

Business, National
Smiles as FDH Bank Plc is shipping its first ever banking infrastructure due to be launched in Likoma today, becoming the first institution to introduce banking services on the Island. This also addresses decades of struggle among the people there to access the banking services in the mainland. Minister of finance Simplex Chithyola Banda and FDH bank Plc board chairperson Ms.Charity Mseka are among other high profile dignitaries expected to grace the occasion. The establishment of FDH bank Plc branch is expected to create convenience to the Island customers who will no longer be spending a lot on transport, food and accommodation when sailing out to the mainland to seek such services.
Chakwera Inaugurates International Cancer Centre in Blantyre

Chakwera Inaugurates International Cancer Centre in Blantyre

Exclusive, Featured, Health
Cancer patients in the country can now breath a sign following the inauguration of mult billion kwacha cancer centre, the international Blantyre cancer Centre-IBCC which will now give access to advanced treatment. Speaking during the official launch in Nyambadwe, Blantyre, President Lazarus Chakwera has underscored the magnificent role that the cancer centre will play in the country to make cancer treatment accessible to Malawians. Chakwera said the battle to defeat cancer requires a concerted effort, as the disease does not segregate anyone; hence, the facility is very important. He also applauded the Thomson and Barbara Mpinganjira Foundation for the construction of the Cancer Center, which he said will ease the burden of the disease on Malawians. He therefore urged the Min...
FDH Bank Donates K61.6 million To Mary’s Meals Organization

FDH Bank Donates K61.6 million To Mary’s Meals Organization

Business, Local, News
FDH Bank plc has donated K61.6 million to Mary’s Meals organization to facilitate its feeding programme at Chiwambo Primary School in Mulanje District. The bank’s Head of Corporate and Investment Banking, Kawawa Msapato says they intervened after seeing the good work that the organization is championing in ensuring that children attend school and that their needs are taken care of. “Mary’s Meals is doing a lot of work in feeding over a million children in government schools. We felt this is a noble cause that resonates well with one of our pillars, which is ensuring that children receive education. We believe this will reduce school dropout rates as the children’s needs are being taken care of,” says Msapato.Mary Meals Country Director, Angela Chipeta Khonje has since hailed the ban...
President Lazarus Chakwera has officially opened the Blantyre International Cancer Centre, The private health facility, has been constructed by the Thomson and Barbara Mpinganjira Foundation