FDH Bank Plc has issued a cautionary statement advising the public of its ongoing efforts to acquire a controlling stake in a bank within the African region. The announcement, dated 2nd January 2025,...
FDH Bank Plc has issued a cautionary statement advising the public of its ongoing efforts to acquire a controlling stake in a bank within the African region. The announcement, dated 2nd January 2025,...
As of 6th December 2024, Bitcoin reached a historic milestone, surpassing the USD 100,000 mark and achieving a market capitalization of USD2 trillion. This remarkable rally cements Bitcoin’s position as the world’s leading...
As the curtains closed on 2024, the Malawi Stock Exchange (MSE) demonstrated remarkable resilience and growth, with the Malawi All Share Index (MASI) posting a 55.06% increase in local currency terms. This solid...
Telekom Networks Malawi Plc (TNM) a listed company on the Malawi Stock Exchange(MSE) has disclosed a proposed related party transaction involving a shareholder loan from Press Corporation Plc (PCL), a major stakeholder holding...
The Malawi Stock Exchange closed on a high note today as National Bank of Malawi (NBM) saw its share price soar by 14.81% to MWK 4,571.07, propelling the bank’s market valuation to an...
After months of queuing at fuel stations, Malawians might finally see relief. The Malawian government has announced a transition from the open tender system to a government-to-government (G2G) arrangement for fuel procurement, aiming...
MPICO Plc has officially disclosed a substantial acquisition of a 17.58% stake in the company by the Public Service Pension Trust Fund (PSPTF). The transaction, valued at MK7.48 billion, was finalized on 28th...
The Malawi All Share Index (MASI) which tracks perfomance of the country stock market continued its upward trajectory, recording a month-on-month return of 10.85% in November 2024, bringing its year-to-date growth to an...
Airtel Malawi Plc’s stock price has shown remarkable resilience on the bourse, following the reinstatement of its financial statements for the year ending December 31, 2023. The telecom giant, now valued at MWK...
Three former executives at Press Corporations Limited (PCL) which include —former Group Chief Executive Officer George Partridge, former Group Financial Controller Elizabeth Mafeni, and former Company Secretary Bernard Ndau—are demanding compensation for alleged...
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