NICO Group has hailed the growing impact of the One NICO Top 12 Netball Cup in nurturing emerging talent after the completion of the Eastern Region playoffs, where Prison Queens retained their regional crown. NICO Group Head of Corporate Affairs Mbumba Mlia-Ndasauka praised the standard of competition and the smooth organisation of the playoffs, describing […]
One NICO Group has committed more than K250 million to this year’s Mulhako wa Alhomwe Cultural Festival at Chonde in Mulanje, reinforcing corporate support for cultural preservation and community development. The contribution, comprising K200 million in cash and more than K50 million in kind, was announced before guests including Finance Minister Joseph Mwanamvekha, Paramount Chief […]
NICO Holdings says its flagship One NICO Top 12 Netball Cup is on a mission to unearth Malawi’s next generation of stars, with hopes of discovering future talents. The financial services giant says the competition is doing more than handing out prize money. It is being used to empower young girls, nurture grassroots talent and […]
Nico Group has increased its sponsorship of the One Nico Top 12 National Netball Cup from K60 million to K75 million as the competition launched its second season. The launch took place at Blantyre Sports Arena. Nico Group Head of Marketing and Customer Experience Taweni Gondwe Xaba said the company was satisfied with the sport’s […]
Malawi Netball Team captain Takondwa Lwazi has called for preparations to begin immediately as the Queens shift focus to next year’s Netball World Cup in Sydney, Australia. The Queens returned home from Nairobi, Kenya, where they secured qualification for the 2027 World Cup after finishing with a bronze medal. Lwazi said the team could not […]
The country’s private sector giants have revealed they hold over ten trillion Kwacha in assets, but say heavy taxes, forex shortages and persistent energy challenges are choking investment in Malawi. The sentiments were shared in Blantyre on Thursday during a Business Breakfast held under the theme “Driving Economic Transformation Through Collaborative Partnership”, which brought together […]
A Malawian insurance executive has been crowned one of Africa’s leading customer experience champions — after being named 2026 Africa CX Leader and scooping the coveted Customer Service Personality of the Year gong at this year’s IMM Awards. Catherine Kaimila, who heads up customer experience at NICO, opened up about the double honour — and […]
NICO Group Plc has donated K20 million to the Institute of Internal Auditors (Malawi) in support of its upcoming Annual Conference and Governance Forum, scheduled for September 7 to 13, 2026 at Sunbird Nkopola Lodge and Sun n Sand in Mangochi. Speaking in Blantyre following the donation, NICO Holdings Head of Risk, Thokozani Phokoso, said […]
NICO Holdings Plc, the Malawian financial services and insurance conglomerate, has declared total dividends of MK40 per share for the financial year ended 31 December 2025, underscoring the group’s resilience amid a difficult macroeconomic backdrop. Shareholders at the company’s 56th annual general meeting in Blantyre approved a proposed final dividend of MK8.05 per share, worth […]
* The CoVID -19 pandemic has changed the format of learning in the country as classes are mostly done online NICO Group has donated laptops to female students at Kamuzu University of Health Sciences (KUHeS), formally known as College of Medicine, in a bid to assist the needy students with their online lessons. Due to […]
As Malawi’s leading financial service providers, NICO Group is celebrating its 50th Anniversary, it has posted K18.596 billion after tax from K14.73 billion profit in 2019 — representing 26% growth for the year. The company has set aside K2.399 billion as dividends to be shared on its shareholders — from K1.982 billion in 2019 and […]
NICO Pension has donated K4 million to the University of Malawi’s constituent college, The Polytechnic to purchase laptops for needy students at the institution. This follows a similar donation to Malawi University of Science and Technologies (MUST) made in March through which it further emphasizes NICO’s commitment to supporting the education sector from which it […]
For those who left employment but would like to preserve their benefits away from their employer’s restricted pension fund, NICO Pensions is the service provider they can engage with through the Ufulu Unrestricted Fund. The Fund has been relaunched, for individuals, the self-employed and employer sponsored members, which is designed to provide an avenue for […]
Nico Pensions Services Limited has swiftly responded to the call to assist needy students at Malawi University of Science and Technology (MUST) in Thyolo with ICT gadgets to help in e-learning in the wake of covid-19 infection. The company on Wednesday presented a K3 million cheque to MUST to help towards procurements of the ICT gadgets. […]
NICO Group has responded to the appeal that President Lazarus Chakwera made to all stakeholders, both local and foreign in the fight against the nasty second wave of COVID-19 pandemic by donating K100 million towards the cause. Soon after the country was hit with the from January 1 that claimed lives of many people that […]
Nico General Insurance Company, a subsidiary of the Malawi Stock Exchange (MSE)-listed financial services group Nico Holdings Limited, through its sister company, NBS Bank, will be extending short term loans to customers looking to pay for their insurance to ease the pressure during the pandemic period. This will see clients having the peace of mind on […]
Nico Holdings plc managing director Vizenge Kumwenda and three other members of staff; Chifundo Chiundira, Germstone Konsekonse and Masugzo Hara, have been awarded for long service and exemplary dedication to the organization’s ideals in serving the public well. Kumwenda, who heads a Malawi Stock Exchange (MSE)-listed financial services firm that has interests in insurance, banking […]
NICO Life, a subsidiary of NICO Group of companies, on Friday awarded two of its long-serving members of staff as a motivation for their dedication to work and the company’s mission to retain worthwhile human resource. The company’s chief executive officer, Eric Chapola applauded the two awardees, Taonga Jiva (who has served 10 years) and Anthony Mpiringidza (20 […]