14+ hour, 23+ min ago   (178+ words) A Malawian business boss has revealed the unlikely source of her drive to succeed — famous prophet Shepherd Bushiri. Jacqueline Bokosi Kilmer, chief executive of CTS Group of Companies, made the striking admission as she unveiled her firm’s third venture: CTS…...

20+ hour, 4+ min ago   (177+ words) CTS Group of Companies has opened CTS Auto Parts in Lilongwe, in a move the firm says marks its latest step in broadening its contribution to Malawi’s economy. Speaking at the opening ceremony on Sunday, guest of honour Kondwani Kachamba,…...

22+ hour, 16+ min ago   (280+ words) A near-12% slide in FDH Bank’s share price has erased almost $100m from the paper wealth of Thom Mpinganjira, the bank’s founder and one of Malawi’s best-known financiers. His indirect stake, still worth some $760m, fell by MWK170.85bn ($98.41m) after the stock dropped 11.46% on…...

1+ week, 5+ day ago   (409+ words) A Malawi businessman has publicly accused Airtel Malawi of leaving an unused agent booth abandoned inside his office for almost a year, while refusing to refund fees he paid after the company deactivated his dealership over a staffing dispute. In…...

1+ week, 6+ day ago   (201+ words) National Bank of Malawi Plc has reaffirmed the central importance of good governance to the banking sector, arguing that robust internal controls remain essential to sustaining public confidence in financial institutions. The bank’s Head of Internal Audit, Noel Tomoka, made…...

2+ week, 5+ day ago   (221+ words) The High Court has moved to refreeze a staggering K1 billion held at First Capital Bank belonging to Infinity Finance Limited, after the Financial Intelligence Authority (FIA) successfully applied for a fresh preservation order amid ongoing suspicions the money is linked…...

3+ week, 6+ day ago   (245+ words) Malawians face a fresh squeeze on their pockets after the National Registration Bureau (NRB) quietly rolled out a sweeping hike in fees for a raft of essential registration services. Anyone needing to replace a lost National Identity Card or birth…...