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...
FDH Bank Plc has announced a second interim dividend of K15.044 billion (K2.18 per share) for the year 2024, representing a remarkable 129.0% increase from the K6.556 billion (K0.95 per share) declared during...
NICO Holdings Plc, listed on the Malawi Stock Exchange(MSE) has announced its second interim dividend of MK3.1 billion representing Mk3.00 per share(2023: MK2 per share, MK2.08 billion) to be paid in respect of...
Blantyre Hotels Plc (BHL) a Malawi Stock Exchange listed company has announced a K62.4 billion Rights Offer, aimed at raising capital to finance the construction of a new four-star hotel in Lilongwe under...
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...
The disparity between the official exchange rate and the black market rate for the US dollar in Malawi continues to widen. According to a recent snap survey by Times publications, reported that black...
Malawi’s government is seeking $309 billion in unpaid taxes and royalties from Columbia Gem House, a U.S.-based gemstone company, for rubies exported over the past decade. Attorney General Thabo Chakaka Nyirenda alleges that...
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