Tags: PCL

Team Nthakomwa wins PCL golf

  A team comprising golfers Moses Nthakomwa, Lincoln Bailey, Jeremiah Magaba and Agness Penemulungu emerged winners during this year’s Press Corporation Limited (PCL) invitational golf tournament played at Lilongwe Golf Club (LGC) on Sunday. Playing in stableford format, Team Nthakomwa was followed on second position by Team Hara comprising Sangwani Hara, Medson Roka, William Chimpeni…

GOVT BANKS HOPE ON PLANNING COMMISSION

Secretary to the Treasury Ronald Mangani has said the National Planning Commission (NPC), which government is currently establishing will help to formulate and review policies and strategic plans for national development and also recommend allocation of resources. Once created, NPC will be an independent body for strategic thinking on matters of national development, established by…

Bullish stock market rakes in K15.95 million

The country’s only bourse, the Malawi Stock Exchange (MSE) was bullish last week with National Bank and Press Corporation Limited (PCL) registering share price gains. According to the MSE, National Bank share price rose by K0.90 from K227 to K227.90 while PCL share price gained K0.45 from K310.15 to K310.60. Due to the price gains,…

PTC Group Sacco profit stagnates

PTC Group Sacco profit grew by a tepid 0.31 percent to K7.47 million in the year ended December 2013 from K7.45 million, a situation the group’s chairperson Jallon Mweya attributed to rising costs and employees dismissals. The profit growth was announced at the group’s annual general meeting (AGM) on Saturday in Blantyre, the first for…