FDH moves in to calm anxious clients over Mpinganjira arrest in bribery saga

FDH Financial Holdings Limited officials have moved in to calm anxious clients and the financial market over the arrest of its group chief executive officer Thomson Mpinganjira in the alleged judge bribery attempt in the presidential election nullification petition case. Mpinganjira, who is also board chairperson of Electricity Supply Corporation of Malawi (Escom), was arrested […]

FDH boss Mpinganjira transferred to Blantyre police station

Malawi’s top banker Thomson Mpinganjira has been transferred to Blantyre police station amid very tight security and boos from people who had gathered outside the Anti-Corruption Bureau (ACB) offices in Blantyre. Mpinganjira was arrested in the morning after he surrendered to the ACB offices where he was summoned following allegations that he was the key […]

ACB summons Mpinganjira of FDH Bank over Malawi judges bribery attempt on election petition

The Anti-Corruption Bureau (ACB) has summoned  business  mogul Thom Mpinganjira, who is also chief executive officer of FDH Financial Holdings Limited, to take a caution statement in relation to investigation into allegations of attempts to bribe High Court judges presiding over the presidential election nullification petition. Mpinganjira has been accompanied by his lawyer to ACB […]

FDH Money Bureau touts ‘Kupakula Makwacha’ Promotion success

FDH Money Bureau has concluded the ‘Kupakula Makwacha’ promotion and described the month-long promotion a success because of the overwhelming response by customers. FDH Money Bureau Marketing Manager Ronald Chimchere made the remarks during the final Kupakula Makwacha Draw held at FDH Money Bureau Head Office in Blantyre on Tuesday. “We have received an overwhelming […]

Ex-Malawi central bank governor Ngalande hired as FDH Bank managing director

FDH Bank has hired former Reserve of Malawi (RBM) Governor Dr Elias Ngalande as the new Managing Director, replacing William Mpinganjira who was acting in that capacity. The appointment is effective 2 January, 2020. According to a statement issued and signed by Lorraine Lusinje, FDH Bank Public Relations Officer, Ngalande will lead the implementation of […]

FDH Bank confirms engaging criminal group ‘Shadow Kill’: Puts spit on data breach by hacktivists

FDH Bank has commented on a Nyasa Times story that hackers attacked the financial institution’s  system but the bank has put a spin that its customers data has not been compromised in any way despite admitting engaging the hactivists called ‘Shadow Kill’. According to a statement revealed by management of FDH Bank, which is on […]

FDH Bank hacked: Malawi prominent customers data breached

FDH Bank, which is on a path to list on the 14-counter Malawi Stock Exchange (MSE) by June 2020, has had its customers data breached by hackers, Nyasa Times understands. According to information which Nyasa Times has got , hackers has attacked the FDH Bank system. Nyasa Times has seen all the system data, customer […]

FDH Money Bureau launches ‘Kupakula Makwacha’ promotion

FDH Money Bureau, a subsidiary of FDH Holdings Limited has launched a festive promotion dubbed ‘Kupakula Makwacha’ which will see 30 lucky winners get K100 000 each by the end of 30 days. Launching the promotion in Blantyre Thursday, FDH Money Bureau General Manager Daniel Pinto Khamula said the promotion targets customers who receive money […]

European Investment Bank partners FDH in K6bn businesses deal for Malawi

The European Investment Bank (EIB) and FDH Bank have signed their first loan agreement worth K 6 billion that will support private sector investment across Malawi. Entrepreneurs and private business across the country will benefit from a new EUR 7 million (Approx. K6 billion) credit line managed by the leading local financial services provider and […]

Veep says ‘no cause for alarm’ over K100m transaction: Clarifies on FDH  Bank account

Spokesperson of the  office of vice-president and Disaster Management Affairs, Charles Wahara,  has said there is no cause for alarm  on the transfer of  K100 million from  Ifmis—government’s electronic payment system— to FDH Bank account to be used for month of November  for Vice-President Everton Chimulirenji public functions. The public raised red flags when a […]

FDH Bank unveils K360m Malawi netball package

A new chapter has been written in the history of the country’s sports as FDH Bank has unveiled K360 million three-year sponsorship to Netball Association of Malawi (NAM), with K300 million going directly to Malawi Queens, K45 million for a national netball cup and K15 million for NAM administration. Speaking during the unveiling ceremony at […]

NAM secures FDH Bank sponsorship for Malawi Queens after Ravi Rach crooked deal

Netball Association of Malawi (NAM) will this Tuesday  November 11 2019 unveil a new  sponsor for Malawi Queens at a function to be held at Amaryllis Hotel  in Blantyre as Nyasa Times understands its FDH Bank. NAM’s general Secretary, Carol Bapu confirmed that after lengthy and thorough negotiations, they are set to unveil the new […]

FDH celebrates Mothers Day with promotion ‘Kunyadila Anakubala’

FDH Money Bureau, a subsidiary of FDH Financial Holdings Limited, has rolled out ‘Kunyadila Anakubala’ promotion to celebrate Mothers Day which falls on 15th October in the country. FDH Money Bureau Public Relations Officer, Lorraine Lusinje said as a homegrown brand, FDH Money Bureau celebrates the activities that matter to Malawi and its customers. “We […]

FDB Bank boss challenges Malawi surveyors to uphold tenets of profession

FDH Bank acting managing director William Mpinganjira has challenged surveyors in the country to uphold the tenets of their profession by being ethical to ensure maximum protection of their career. He said this on Thursday in Mangochi during the Surveyors Institute of Malawi (SIM) Annual Lakeshore Conference under the theme Ethics and Conflict of Interest […]

FDH Bank supports Surveyors Institute of Malawi

Locally grown FDH Bank Tuesday gave K1 million to Surveyors Institute of Malawi (SIM) towards its annual lake conference slated for Mangochi from 3 to 4th October 2019. FDH Bank Public Relations Officer Lorraine Lusinje said the bank recognizes the role Surveyors play in the country and found it important to sponsor their annual conference […]

FDH Bank sponsors new League Cup at K90m:  Winners to get K25m prize

FDH Bank has raised the bar in cup sponsorship by unveiling a K90m League Cup five-year package of which the winners shall receive K25 million while the runners-up will go away with K8 million. This was announced on Thursday at Mpira Village in Blantyre by FDH Bank’s Head of Marketing & Communication, Levie Nkunika, who […]

MCP seeks answers on  Malawi Savings Bank sale proceeds

A senior opposition Malawi Congress Party (MCP) legislator wants to move parliament to demand from government a full report on the controversial sale of Malawi Savings Bank (MSB) to FDH Bank by demanding to know the whereabouts of K9 billion proceeds from the transaction and how the toxic assets were dealt with. Lilongwe Mpenu constituency […]