Nico
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National News
Expert warns dry sex spreading HIV
Dry sex as a result of poor communication skills and sex education among couples can lead to high HIV infections,…
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Business News
Nico General eyes 45% market share
Nico General Insurance Company, a subsidiary of Malawi Stock Exchange (MSE)-listed financial services group Nico Holdings Limited, has touted 2014…
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Business News
KUM suspension will not affect economy—IMF
Global multilateral lender, the International Monetary Fund (IMF), has allayed fears that the suspension of Kayelekera Uranium Mine (KUM) in…
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Business News
Kwacha appreciates further in May
The local currency, the kwacha, continued its appreciation spiral in the month of May, gaining strength against the dollar and…
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Business News
Insurance fraud in Malawi: Who is to blame?
Of late a tug of war has ensued between the insurance industry and the Malawi Law Society (MLS) over allegations…
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Business News
Nico holdings poised to break new heights
Financial services group Nico Holdings Limited has said it is poised to break new heights based on its 2013 performance…
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Business News
The yellow cake that never cheered Malawi
Announced amid a huge political storm—a post election impasse refusing to abate—news that Australian energy giant, Paladin Energy Limited has…
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Business News
Commercial banks borrow K27.5 billion
Commercial banks borrowed K27.5 billion on the interbank market—from the Reserve Bank of Malawi (RBM) and other commercial banks—according to…
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Business News
NBS Bank profit up 163%, recommends no dividend
NBS Bank after-tax profit for the year ended December 31 2013 jumped 163 percent to K1.9 billion, according published extracts…
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Business News
Nico Holdings says Sanlam deal beneficial
Nico Holdings Limited says the sale of some stakes in each of its general insurance businesses to South Africa-based Sanlam…
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Business News
Malawi GDP growth projected at 5.4 %
The current high inflation and interest rates are some of the major threats to Malawi’s 2014 projected gross domestic product…
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Business News
Malawi Stock Exchange closes flat
TNM plc led the activity on the Malawi Stock Exchange (MSE) last week with 3.1 million shares changing hands, but…
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Business News
Malawi inter-bank lending rates slupm 14%
Inter-bank lending rates—the rate at which banks lend to each other—fell to 14 percent by Thursday last week, indicating a…
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