Six people, two each from the country’s three regions, became instant millionaires when they won K1 mollion each in Zikutheka ndi Illovo Promorion ‘s grand draw held in Blantyre. The winners were identified as Kennedy Soko, Mary...
As the year 2018 is almost coming to an end, Standard Bank is pleased to launch a new loan offer that allows customers top up their existing loan within 24 hours.
Dubbed Reload, the loan offer is open to customers who have existing loans but would like to top-up as soon as possible for needs such as farming, school fees and others.
Announcing the offer, Head Personal Markets Charity Mughogho said the loan top up season runs from October to January 31 when most households and businesses have most need for extra cash to meet year-end and New Year obligations.
“As usual, the end of year season in Malawi is associated with the rainy season when many people need money for farming or repairs to homes. The season also coincides with the need to send children back to school. At Standard Bank, we realise that it is in times like these that our customers need additional cash, and that’s what the Reload Loan season is all about,” Mughogho said.
Mughogho said Reload is in line with the bank’s strategy to move forward personal and business lives of Malawians, by giving customers access to credit without hassles.
“Eligible customers should have an existing performing loan for at least 6 months and should not have been in arrears or in default at a particular point. In return, Standard Bank promises to process the loan within the shortest possible time, or within a maximum of 24 hours,” she said.
She said the condition for this loan is a minimum of 3 months repayment for Private and Executive banking account holders and 6 months for other accounts.
Frank Kayuni, Blantyre based customer said the Reload brings an opportunity for customers to have cash during this farming season.
To access Reload loans customers simply have to visit any nearest Standard Bank branch or contact their personal banker.
Blantyre, October 10, 2018— Malawi’s an upcoming ICT company iMoSyS, is pleased to announce the donation of K3 million to the Malawi Institution of Engineers (MIE) as a contribution towards the organisation’s Annual Lake shore conference in Mangochi.
The conference is scheduled from October 18 –19, 2018 at Sunbird Nkopola Lodge, under the theme Championing Sustainable Energy and Water Development”.
Speaking during the cheque presentation in Blantyre, iMoSyS Chief Executive Officer Mayamiko Nkoloma said the company felt obliged to support the engineers because of its remarkable role it plays in promoting the advancement of technology in the country.
“As a truly Malawian ICT company we felt obliged to supporting this conference because iMoSyS appreciates and value the role of engineers plays in enhancing infrastructure development which in turn fosters economic growth of the country,” said Nkoloma.
Nkoloma said engineering profession is a critical input in economic development growth efforts in Malawi.
“We believe that gatherings like of engineers provides a platform for professionals to discuss issues for the common good of our business and economic growth for Malawi. iMoSyS is striving to enhance sustainable development of engineering to drive effective delivery of telecommunication and ICT products and services,” he said.
Receiving the donation MIE Executive Secretary Engineer Martin Chizalema hailed iMoSyS for the support towards the conference.
“We are very grateful to iMoSyS for this kind gesture as this money will go a long way towards meeting the expenses for the indaba. Apart from hosting the conference the institution will give back to the community around Mangochi,” said Chizalema
The conference which is being hosted in collaboration with the Malawi Board of Engineers is expected to attract over 300 leading professional Engineers, Technicians and Non-engineers working in various public and private sectors including Chief Executives and Senior Government officials.
The post ICT firm, iMoSyS, contributes K3 million towards engineers’ conference appeared first on The Maravi Post.
Blantyre, October 10, 2018- A Lilongwe based security guard Edwin Nyanda has smiled home with K10 million “jackpot’ in the ongoing Bwalo Likule promotion which is aiming to reward customers for supporting the company.
A 26-year-old Nyanda who works at KK Security company in emerged the first lucky winner of monthly grand prize during the promotion draw held in Blantyre.
Nyanda was not immediately available as his phone was out of reach after several attempts but TNM managed to trace him through the system as the sim-card is registered. Initially his number was registered under his brother’s ID Hatre Custom as Nyanda had no ID.
Speaking during the draw, TNM’s Chief Sales and Marketing Officer, Daniel Makata said the company is satisfied with progress of the promotion, which he said has excited customers.
“Many customers are excited that the promotion gives them the opportunity to share the cash prize of K10 million with friends, relatives or associates of their choice and today we happy to give the first monthly grand prize to Mr. Nyanda from Lilongwe who has now a task to identify 20 beneficiaries to share K5 million,” Makata said.
Makata said “Bwalo Likule” has been designed to spread the benefits of staying on Malawi’s own home grown mobile and ICT network service provider to more customers beyond the winner.
He noted that as Malawians, traditionally, the spirit of sharing is in our veins to spread some benefits to others in the community.
“Good times are best enjoyed when one shares whatever is under their possession. When you share, you spread the joy beyond self, and this is why the promotion was coined as “Bwalo Likule” so that the circle of customers reaping the benefits of being loyal to TNM, widens,” he said.
The company also rewarded 115 customers with different prizes including cash and airtime after conducting a fortnight draw.
During the three-month promotion, three lucky winners will win a total of K30 million and share it with 60 TNM subscribers of their choice.
To stand a chance of winning, customers are required to use a minimum of K200 airtime or more every two weeks. During monthly draws, one lucky customer will win K10 million and will be required to split it into half, pocketing the K5 million and sharing the remainder of K5 million with 20 TNM subscribers of their choice.
There will also be fortnightly draws during which 10 subscribers will win K100,000 and five subscribers will win K500,000. During the same fortnightly draws, 100 subscribers will also win K1,000 worth of airtime.
All financial prizes are redeemable through TNM’s mobile money platform, Mpamba. The promotion runs from September to November 2018.
The post Security guard wins K10m in TNM’s “Bwalo Likule” promo appeared first on The Maravi Post.
LILONGWE-(MaraviPost)-The country’s leading smartphone service provider Airtel Malawi on Thursday ventured into a partnership with KWESE TV that subscription payments be made via mobile money.
This according to the two companies will reduce their customers time and costs they take to pay TV services.
The development also comes a few months after Airtel partnered with First Merchant Bank (FMB) that empowered customers to transact between the two banking platforms.
Breaking the deal to press in the capital Lilongwe, Airtel Marketing Director Frank Magombo expressed gratitude over the partnership saying will go along to serve customers better.
Magombo said the partnership with Kwese is yet another avenue for subscribers to enjoy the simplicity, security and utmost convenience that Airtel money provides.
“From now on, our Airtel money customers will be able to pay their Kwese TV subscriptions from their Airtel Money Wallet. All customers have to do is simply dia *211#, select TV, then “Kwese”, enter their “account number”, followed by the subscription category that they want, and their Kwese TV subscription will be activated instantly, thereby bringing convenience right at our customers’ doorsteps,” delighted Magombo.
Kwese TV Country Manager Wonder Msiska disclosed that the company partnered with Airtel due to quality mobile services offered that reaches out more customers across the country.
Msiska expressed satisfactory over the support Malawians are providing over the one year the company entered the market.
He therefore assured Kwese TV viewers of the continual quality entertainment family services.
The post Airtel Malawi pairs with Kwese TV on mobile money subscription payments appeared first on The Maravi Post.
Less than a week after the Malawi Energy Regulatory Authority (Mera) adjusted fuel pump prices upwards, minibus operators in the country have started raising passenger fares.
Mera announced the increase of fuel prices on Friday, claiming it noted sustained high Fuel On Board (FOB) prices of oil on the international market to ensure that importers are able to fully cover importation costs and to enable sustained flow of petroleum products (petrol, diesel and paraffin) into the country.
Some minibus operators plying their businesses in Blantyre have since raised fares by MK50 while others have increased by MK100.
Minibus Owners Association of Malawi (Moam) acting national chairperson Felix Mbonekera Msiska confirmed the development in an interview on Wednesday, saying following the fuel price hike, the association has been discussing with minibus operators to revise passenger fares.
However, he could not be drawn to comment on the agreed percentage, saying operators are at liberty to set fares for their minibuses.
Said Msiska: “We have a forum where we discuss these issues and we all agreed on the need to revise fares upwards. However, this is a liberalised business and as Moam, we cannot dictate on fares. We will only ensure they do not charge exorbitantly.”
In 2012, the Competition and Fair Trade Commission (CFTC) ordered Moam to cease and desist from engaging in anti-competitive business practices by regulating fares.
Reacting to the minibus fare hike, Passenger Welfare Association (Pawa) president Don Napuwa criticised minibus operators, saying the fares adjustment is not justifiable.
“They are just being greedy. Last time fuel price was raised by 5 percent and they increased fares by 13 percent. Bus fares have to be realistic, otherwise they will become unaffordable,” he said.
Napuwa urged government to engage transport operators to come up with free trade formulae.
“We are a liberalised economy yes, but government controls fuel and maize prices. Passengers too need protection,” he added.
Mera increased the pump price of petrol from MK888 to K932.50, diesel from MK890.90 to MK935.60 and paraffin from MK719.30 to MK755.30 a move which is likely to push up the cost of other commodities.
The post Malawi fuel prices’ increase push up passenger fares appeared first on The Maravi Post.
Girls from different schools are today taking turns to work as bankers at selected branches, head office and regional office of Standard Bank across the country as the bank’s commemoration of International Day of the Girl Child.
Chief Financial Officer Temwani Simwaka said today’s activities are a continuation of activities under “#KeepTheGirlChildInSchool” program, a joint initiative that Standard Bank runs with the United Nations Children Fund (UNICEF) focussing on career mentorship, role modelling and confidence building in girls in schools.
“Through the initiative, Standard Bank is keeping its promise of contributing towards the empowerment of girls in Malawi. The goal is to keep them in school while providing continuous guidance on career development. This ensures that girls, especially those from underprivileged communities are encouraged through role models,” she said.
Simwaka said Standard Bank is committed to promoting girls education as evidenced by its partnership with UNICEF and other initiatives aimed to raise funds for the education sector.
She cited the Be More Race whose proceeds go towards buying needs of girls in school and employees volunteering in the mentorship programme as some of the initiatives.
“As an equal-opportunity employer, Standard Bank has many women in leadership positions who have become role models. Through this direct approach, we hope our girls will be motivated enough to continue exerting themselves, pushing boundaries and aiming high in life,” said Simwaka.
The 2018 International Day of the Girl Child is commemorated under the theme: With Her: A Skilled GirlForce
The post Malawi: Standard Bank courts future girl bankers today appeared first on The Maravi Post.
DOWA-(MaraviPost)-The on-going on-going Airtel “Bandaulo Bandulo” promotion continues to surprise customers with prizes as Dowa’s Mdzaleka refuge Daniel Mbaya came another millionaire.
Mbaya, a DRC nationality emerged the fourteenth millionaire during the seventh draw of the promotion.
On Wednesday, Airtel handover the cheque prize to Mbaya at the camp which Mbaya could not believe.
“Honestly, I didn’t expect that could have this money. I don’t have a proper settlement. This money will help me to start business and have proper home’, delighted Mbaya.
Airtel Malawi Marketing Manager Frank Magombo says the company remain excited with the impact the promotion was making to low income customers.
He added that lots of prizes in the promotion are still up for grabs.
Magombo therefore urged subscribers to continue patronising the promotion that it transform their lives for the batter.
Since its launch August 15, this year, low income customers have been emerging the winner.
The promotion gives all Airtel customers a chance to win fantastic cash prizes by simply purchasing an Airtel bundle – whether Data, Voice, SMS Combo, International
or roaming bundle.
Dubbed ‘Bandulo Bandulo’, the promotion will give all Airtel customers a chance to win fantastic
cash prizes by simply purchasing an Airtel bundle – whether Data, Voice, SMS Combo, International
or roaming bundle.
And will be automatically entered into a draw to win MK1 million cash, MK10, 000 cash and 4G MiFi routers every week from today 15th August until the 5th of December where one lucky customer will win the final grand prize of MK10 million cash!
Apart from the grand prize of MK10 million cash which will be awarded at the end of the promotion.
The ‘Bandulo Bandulo’ promotion, which will run for 16 weeks from 15th August until the 5th of December, will award 2 lucky winners with MK1m each every week; and by the end of the 16 weeks, 1,000 customers will have won MK10, 000 cash; and 1,000 customers will each walk away with a 4G MiFi router.
A total of 2029 winners across every town and district in the country by the end of the promotion.
Therefore each bundle purchase will qualify as ONE Entry in the Bandulo Bandulo Promotion so the more bundles customers buy, the higher the chances of winning prizes.
All winners will be contacted via the official Airtel promotion line +265121.
The post MK1 million Airtel Bandulo Bandulo goes to Dowa’s Mdzaleka refuge camp appeared first on The Maravi Post.
Minibus Association of Malawi (Moam) has confirmed that following the decision by Malawi Energy Revenue Authority (Mera) to adjust fuel pump rices upwards, the minibus operators have also started raising passenger fares. Some conductors and drivers...
The post Minibus passanger fares increased following fuel price hike appeared first on Malawi Nyasa Times - Malawi breaking news in Malawi.
First Merchant Bank (FMB) is rebranding to First Capital Bank which is part of the launch of a new and cohesive brand identity for FMB Capital Holdings PLC’s banking operations in Malawi, Botswana, Zimbabwe and...
The post FMB rebrands to First Capital Bank appeared first on Malawi Nyasa Times - Malawi breaking news in Malawi.