EU signs K12bn pact with Ecobank to support Malawi’s agricultural SMEs

The European Investment Bank (EIB) and European Union on Friday announced a new collaboration with Ecobank Malawi to improve access to finance for SMEs in the agriculture sector in the country as the European institutions are set to improve access to long-term finance in agriculture value chain in Malawi with €25 million (K24 bn) credit […]

Police arrest Zameer Karim over bank fraud charges

Malawi Police in Lilongwe arrested business tycoon Zameer Karim over K850 million bank fraud charges in connection with the police food rations scandal and has spent four nights in custody since last Thursday before being granted court bail on Monday. Karim of Pioneer Investments was  granted bail after state prosecutors charged him with intent to […]

Ecobank donates Covid-19 kit to Malawi prison service

Pan African banking giants Ecobank joined the fight in curbing the spread of Covid-19 when they donated buckets and sanitisers to 10 prisons in the country’s southern region. Ecobank presented the donation to the prison service following a request from the Centre for Human Rights Education Advice and Assistance (CHREAA) who work with the prison […]

Ecobank Malawi  profit up 42% after tax: ‘Progressively impacted the economy’

Profit—after—tax for Ecobank Malawi went up by 42 percent in the year ended December 31 2019 to K7.1 billion from K5 billion in the preceding year, the bank managing director Charles Asiedu said. In his presentation on the bank’s performance in the year under review in Blantyre, Asiedu said Ecobank Malawi   continued its growth trajectory […]

2020 Ecobank Charity Shield rekindles BB, Nomads rivalry

Sworn rivals Nyasa Big Bullets and Mighty Be Forward Wanderers have been drawn together for the opening match of the 2020 Ecobank Charity Shield scheduled for April 4 while Silver Strikers date Blue Eagles. The draw was held on Wednesday at Ecobank Head Office in Blantyre where the Pan African Bank announced a sponsorship package […]

Ecobank Charity Shield proceeds to assist Cyclone Idai survivors

Football Association of Malawi (FAM) has announce that the focus for the 2020 Ecobank Charity Shield is to support survivors of Cyclone Idai in the village of Mwalija, Traditional Authority (T/A) in Chikwawa District. FAM president Walter Nyamilandu announced this on Wednesday at Ecobank Head Office in Blantyre where the Pan African Bank pledged its […]

Ecobank Charity Shield sponsorship up to K20m

Ecobank Malawi  Limited says it is geared to roll out the 2020  edition  of the Football Association of  Malawi (FAM) organised   Ecobank Charity Shield scheduled for March 14-15 in Blantyre with increased sponsorship. The disclosure from the bank came in a wake of the reports that the pan-African commercial bank was considering withdrawing the sponsorship towards […]

Ecobank customer wins K3m in ‘Zayambika’ promotion

An employee of Universal Industries Limited in Blantyre, Katete Kassimu Nchwachwa has become the overall winner of the MK3 million in the grand prize of ‘Zayambika’ promotion draw conducted by  Ecobank Malawi Limited. Speaking in an interview with Nyasa Times after when the news was broken to him, Nchwachwa sounded excited and could not wait to […]

FAM’s Ecobank Charity Shield wins award from Malawi Chartered Institute of Marketing

Football Association of Malawi (FAM) has been awarded with the Best Social Marketing Initiative of the Year for the Ecobank FAM Charity Shield by the Chartered Institute of Marketing (CIM) Malawi. The Marketing Excellence awards gala, held on Saturday November  30 at Amaryllis Hotel in Blantyre, awarded FAM for dedicating the charity tournament towards the […]

Ecobank dresses all 4 teams ready for Charity Shield

All is set for this weekend’s Ecobank Charity Shield to be played on Saturday and Sunday at Kamuzu Stadium and the sponsors presented game jerseys to all four participating teams — Mighty Be Forward Wanderers, Master Security, Blue Eagles and Nyasa Big Bullets. The sponsors also unveiled a glittering shield trophy that is up for […]

All set for Ecobank Charity Shield: Wanderers face Masters, BB up against Eagles

All roads will on Saturday and Sunday lead to Kamuzu Stadium in Blantyre  to witness  the fourth edition of the Football Association of Malawi (FAM) Charity Shield  which has been renamed Ecobank Charity Shield after the pan-African commercial bank yesterday injected K12 million into the four-team competition. The tournament will officially mark the beginning of […]

Ecobank pumps K12m for FA Malawi Charity Shield: Proceeds to go to PWAs

Ecobank has taken over sponsorship of the annual FAM Charity Shield at K12 million and this year’s proceeds from the tournament to be played at Kamuzu Stadium on March 30 and 31 will be channeled towards the fight against crimes being targeted at people with albinism (PWAs). This was disclosed on Tuesday at FAM’s Mpira Village […]

Ecobank sues Karim, Attorney General for K1 billion in Malawi police ration scandal

Ecobank (Malawi) Limited   has  dragged Attorney General on behalf of Malawi Police   and  Zameer Karim of Piooner Investment Limited  over a  failed loan settlement amounting to K850 million. According to court documents of a commercial case number 269 of 2018 file don August 17 2018  seen by Nyasa Times, Ecobank is claiming K850 million as […]

Namadingo unvelied as DStv, Ecobank brand ambassador

Malawi’s award-winning musician Patience Namadingo was unveiled on Wednesday, February 7, as brand ambassador for DStv and Ecobank to be featured as the two corporate companies’ marketing activities for a period of one year. At the contract signing ceremony held at Protea Ryalls Hotel in Blantyre, MultiChoice Malawi’s Marketing Manager Chimwemwe Nyirenda said the musician […]

Ecobank unveils digital products for convenient banking in Malawi

Ecobank has unveiled a widespread digital products including the new Ecobank Mobile App. Some of the digital solutions are Ecobank Mobile App, Ecobank Xpress Account, internet banking, Master Card, Instant card issuing,  Automated teller Machines and the Points of Sale terminals. The bank’s Managing Director, Charles Asiedu presented the digital array at their Blantyre Offices […]

Ecobank Malawi donates K30m to JB’s safe motherhood

Ecobank has donated K30 million to Presidential Initiative on Safe Motherhood as part of the company’s corporate social responsibility  to help construct a maternity wing at Lungwenya Health Centre in the area of Sub Traditional Authority  Namavi in Mangochi. State House Press Officer Brian Banda speaking in a telephone interview from Mangochi said Ecobank donated […]

Ecobank to open four more branches in Malawi by end 2013

Ecobank , the leading pan-African banking group, has said it will open more branches  in Malawi before the end of the year, 2013. Media and Brands Communications Officer for Ecobank, Lumbani Kasambiza, said though Malawians are experiencing challenges in terms of finances that have attracted less income for people to invest, in recent times, things have improved […]