People in Chiradzulu have expressed excitement with the construction of FDH Bank in the district, saying once the facility is completed and opened for business it would be both, time saving and cost effective. One of the businessmen at Chiradzulu Boma, Kingsley Njala, said the construction of the Bank would contribute towards various socio – […]
The Department of Immigration and Citizenship Services will host a day-long inter-regional sports day—first of its kind— for its officers at Malawi Defence Force’s (MDF) Parachute Battalion in lakeshore district of Salima on Saturday. According to Wellington Chiponde, Deputy National Publicist for the Department, this maiden social gathering will provide the officers with an opportunity […]
FDH Bank has launched a 62.5 million Kwacha scholarship fund for students at Malawi University of Science and Technology (MUST) in Thyolo. The fund, which will run for a span of five years took place on Wednesday at Ndata campus. FDH Bank Deputy Managing Director, William Mpinganjira, urged beneficiaries to work hard and make the […]
The Fiscal Police in Blantyre have arrested NBS Bank’s Financial Controller, identified as Matthias Sulumba, for money laundering and theft by servant charges. Sulumbu, who hails from Magulugulu village in Karonga district and stationed at the bank’s head office at Ginnery Corner in the commercial city, was arrested on Tuesday. He spent a night in […]
After missing on the champions’ podium for a while former captain for Lilongwe Golf Club’s (LGC) golf section Charles Mvula was back in the limelight on Saturday, when he won the FDH Bank golf tournament played at the club’s 18-hole golf course. A man of his own golf swing, Mvula came out top in a […]
FDH bank has opened a brank in eastern district of Balaka with Head for Personal and Business Banking, Kawawa Msapato saying the the branch will help them to reach out to more customers. “As you know Balaka is a home of various business activities, we thought it is wise to construct the building in order […]
Ahead of the 2017 Cosafa Castle Cup Competition scheduled to kick-off on Saturday in South Africa, the Malawi national football team, the Flames have received a timely boost from their official sponsor FDH Bank who have donated K30 million towards the team’s trip. Marketing Manager for FDH Ronald Chimchere said they were motivated by […]
Malawi government has not recovered anything from the K6.1 billion that government paid to its then wholly-owned Malawi Saving Bank (MSB) to rescue 13 individuals and private companies that defaulted on their loan payments. The collection company say they are facing court injunctions frustrating its work. Government issues promissory notes of K6.1 billion before selling […]
FDH Bank Limited continues to disobey the High Court by going ahead advertising the sale of Maranatha Girls Academy, despite the court ordering the institution to stop, until both parties are heard on 18th May this year. Speaking to Nyasa Times, lawyer of Maranatha Girls Academy , Cassius Chidothe said they were surprised that despite the court order […]
Just a month after arresting two people found in possession of fake match tickets, security police officers busted another ticket racket by Fam officials during Saturday’s international game involving Malawi’s Flames and Madagascar. Fam had hired FDH Bank and other agents to handle pre-match ticket sales and advised the general public to only buy tickets […]
Four top officials of the fastest growing commercial bank, FDH Bank Limited have been dragged to court for contempt in an outstanding case between the bank and privately owned Maranatha Girls Academy Limited. FDH Managing Director, Eric Ouattara, deputy Managing Director, William Mpinganjira, Head of Credit and Rehabilitation, Arthur Yapuwa and Recoveries Manager, Joseph Khonje have […]
Football Association of Malawi (FAM) President Walter Nyamilandu has said newly recruited Belgian coach Ronny Van Geneogden (RVG) is good bargain for the association. Nyamilandu said Geneogden was a top notch coach who has among others handled first division European league teams. “We searched high and low as we were looking for an affordable coach […]
FDH Financial Holdings Limited is insisting on recouping about K1.2 billion from the amount it paid for the purchase of Malawi Savings Bank (MSB) following claims the company was overvalued. Chief Executive Officer for FDH Financial Holdings Limited, Thom Mpinganjira said they were still in discussions with government on the issue and expressed desire to resolve the […]
Malawi Police in Mzuzu are hunting for robbers who broke into FDH Bank and stole money amounting to K2.5 million from ATM on the wee hours of Monday. Rumphi Police station officer Charles Mpezeni said the thieves broke computers, poured water on computers to destroy their traces. “They seized the watchman and tied him up,” Mpezeni […]
FDH Holdings Limited has appointed William Mpinganjira, son to FDH Holdings Chief Executive Officer Thom Mpinganjira, as Deputy Managing Director for FDH Bank Limited effective March 1, 2017. In a statement, FDH Bank Board Chairman Dr Eric Sankhulani said the appointment of the young Mpinganjira to the position will be valuable to the business as […]
Malawi influential weekend newspaper has hit at government for keeping K9.5 billion from sale of Malawi Savings Bank two years after it was sold to financial mogul, Thom Mpinganjira. In an editorial comment headlined, ‘Government can’t weigh options on MSB for two good years, the Malawi News says Minister of Finance, Economic Planning and Development […]
FDH Bank Limited chief executive officer Thom Mpinganjira expected to appear in court next month for contempt of court under Civil Cause number 681 of 2013 between the bank and Maranatha Girls Academy Limited. Mpinganjira and FDH head of credit Tiwonge Khoje are accused of “contemptuously disobeying” two court orders on the long-drawn casw with the Academy. […]
FDH Bank has described as blatantly untrue rumours that fired Minister of Agriculture George Chaponda, currently embroiled in a maize procurement scam, had over K800 million as current balance in his account. Social media was abuzz on Wednesday that Chaponda had over MWK 598 000 000.00 in his account with First Merchant Bank and MWK […]