Tiga Babies were crowned champions of the Alliance Capital Under-20 Netball League on Saturday after walloping Ngumbe with 26-6 baskets in an exciting encounter at Blantyre Youth Centre. Tiga coached by their senior coach Peace Chawinga-Kaluwa received K500 000, while Ngumbe which comes from Blantyre Rural went home with K300 000. For Tiga Babies to […]
Alliance Capital Holdings Group has expanded into stockbroking with the launch of a new firm Alliance Stockbrokers Limited (ASL) which brings total number of stock broking firms on the Malawi market to four. ASL seeks to win stock broking customers at a time when the country ‘economy has been slow in creating wealth because of macroeconomic […]
Alliance Capital Limited has pumped K1million ($1 399) into the Inter-Schools Junior Golf Tournament to take place at Country Club Limbe (CCL) in Blantyre on Friday. The portfolio and investment management service provider’s marketing executive, Rehanna Rice, said at a news conference in Blantyre that they would like to contribute to the uplifting of golf […]
African Alliance Securities has noted that Malawi’s money market and commercial bank interest rates continues have slightly dropped which they said is a good economic sign that consumers will access credit on cheaper terms. The money market yield rates have gone down to 30% from around 43% and several commercial banks have reduced their lending […]
The ongoing tight monetary policy stance taken by Malawi’s financial sector regulator, Reserve Bank of Malawi (RBM) is partially contributing to the one-sided profiteering the country is experiencing. Market analysis firm, Alliance Capital Limited described monetary policy as the strategies employed by the central bank with regard to the amount of money circulating in the […]
Two companies involved in the capital and secondary markets have given out some reasons why the money market continues to be flooded with cash leading to sustained over-subscription of Treasury Bills (TBs). Both NBM Capital Markets Limited and Alliance Capital Limited said they are aware of the trend on the money markets and commented on […]
The economic outlook for the third quarter of 2013 is uncertain and tricky as Malawi approaches the election year 2014. This is the message contained in a second quarter report of the year by finance company Alliance Capital Limited published this week. The report says unless there will be controlled government spending the economic future […]
National Bank of Malawi (NBM) Capital says the ongoing oversubscription of Treasury Bills is indicating that there is little investment room on the money market or lack of innovation by players. In its market review report, NBM Capital noted that the primary TB auction continues to register oversubscription; with the June 25, 2013 auction recording […]
Alliance Capital Limited says it is encouraging to note that Malawi government is set to roll out the long awaited pension fund for civil servants. In his published weekly market review, Alliance Capital Chief Executive Officer Christian Majavina said the move will have positive impact on the capital market and the economy as a whole. […]
Malawian business and financial market’s entity, Alliance Capital Limited, has gone out of it way to offer the public lessons in personal economic management to gain financial freedom. The company is involved in pension fund asset management, portfolio investment management, money market brokerage, share Investment services and corporate finance advisory. The tips on personal finance […]
NBM Capital has said Malawi’s liquidity position in the financial system has significantly improved closing with a surplus of K3.9 billion above the required K36.4 billion. The financial company, a subsidiary of National Bank of Malawi, said the Treasury Bill (TB) issue of 21 May 2013 was fully subscribed, attracting about K5 billion from the […]
A weekly analysis column by financial company, Alliance Capital Limited has scrutinised national budget with a call to government to consider vying for realistic ways to reduce poverty while creating wealth. In the paper, Alliance Capital deputy chief executive officer Christian Majavina said although it is pleasing to note that the budget has prioritised key […]