NICO managers in private wealth management awareness campaign

NICO Asset Managers is on an awareness drive on how people can prudently invest their money in order to receive meaningful returns in order for them to meet the life goals and dreams that matter for their future. Dubbed Private Wealth Management, the campaign was unveiled on Monday at a press briefing at their offices […]

Nico’s Icon Properties plc posts K1.28bn profit in 2 months

Icon Properties plc, a subsidiary of Nico Holdings plc and listed on Malawi Stock Exchange (MSE) early this year, has posted a K1.28 billion profit for the two months ended December 31 2018. This was disclosed on Monday at Marriot Protea Ryalls Hotel in Blantyre at the company’s annual general meeting with its shareholders. Standing-in […]

Nico sponsors K4.5m for Egenco to host Africa Hydro Symposium

Malawi’s leading financial services provider NICO Group on Tuesday presented a sponsorship package to Electricity Generation Company (Egenco), the country’s main producer of power, to host the 29th Africa Hydro Symposium (AHS) scheduled for October 8-10 at the Sunbird Mount Soche Hotel. Presenting the cheque on behalf of NICO Group’s Managing Director Vizenge Kumwenda at […]

Blantyre Mayor’s Trophy secures sponsorship from Nico

The Blantyre City Council’s primary schools football and netball tournament, organised to unearth  talent among pupils  popularly know as Mayors Trophy-  has  secured a K60 million  three years sponsorship (K20 Million each year) from NICO group of companies. Speaking at a cheque hand over ceremony at NICO holdings head office in Blantyre last Friday , […]

NICO Group supports ICAM, IPPM annual conferences

NICO group of companies has contributed K 5 million and K3 Million  towards the annual conferences of the Institute of Chartered Accountants of Malawi (ICAM) and the Institute of People Management Malawi respectively scheduled for the month end of September and October. Speaking at a cheque presentation ceremony on Tuesday at NICO holdings head  office […]

NICO Technologies injects K2m for Malawi’s ICT Expo

NICO Technologies has donated K2 million to Information & Communications Technology Association of Malawi (ICTAM) towards its Expo conference it is set to hold in Lilongwe at Bingu International Convention Centre (BICC) on August 22. NICO Technologies chief executive officer Clarence Gama said they are proud to be associated with the Expo, which is a […]

NICO, Sanlam donate to neglected victims of Cyclone Idai in Machinga

NICO Group and its South Africa-based business partner, Sanlam on Thursday donated relief items worth K15 million to neglected victims in Machinga who were also affected by the Cyclone Idai floods that hit the country in March this year. According to the area’s Traditional Authority Nkula, they too were greatly affected by the floods but […]

NICO Group’s financial results posts K12 billion comprehensive income

NICO Group has posted K12.738 billion as total comprehensive income for the year ended 31 December, 2018, up from K12.195 in 2017 representing a 4.5 percent increase. This was announced by Group Chief Finance Officer Chifundo Chiundira at a stakeholders meeting held at Ryalls Hotel in Blantyre where he also indicated that the Group’s profit […]

Nico donates K10m towards Rotary conference in Mangochi

NICO Group, in conjunction with its South Africa-based business partners Sanlam Pan Africa, on Monday donated MK10 million towards the Rotary District 9210 annual conference, which Malawi will host in Mangochi from April 24 to 28. Presenting the sponsorship at NICO Group headquarters in Chibisa House in Blantyre, Group Managing Director Vizenge Kumwenda said they […]

Nico repositions its brand to enhance status as market leader

In order to enhance its brand as the market leader in financial services, NICO Holdings on Friday, March 29 launched a new marketing visibility campaign that is aimed at reclaiming its brand’s position. NICO Group Head of Marketing and Communications, Lorraine Phiri unveiled the the marketing campaign, whose theme is ‘From Dreams to Reality — […]

NICO donates K5m to Blantyre City Council towards disaster management 

NICO Group has donated K5 million to Blantyre City Council to help the Council assist thousands of household victims that were affected by the disaster that followed the incessant heavy rains that hit southern Malawi last week. Making the donation on Tuesday at the City Assembly, NICO Group Managing Director Vizenge Kumwenda, said they were […]

NICO donates K5m towards training of registrar for Mercy James Cente at Queen’s Hospital

In order to enhance the number of experts on the team of medical professionals for Mercy James Centre for Paediatric Surgery and Intensive Care at Queen Elizabeth Central Hospital in Blantyre, NICO Group has donated MK5 million towards the training of its registrar. NICO’s Group Head of Marketing & Communication, Lorraine Phiri said they were […]

ICON Properties lists on Malawi Stock Exchange: Opens Initial Public Offer of shares

Newly-formed property development and management firm, Icon Properties Limited, which aims at transforming the real estate landscape to the next level so that they continue to being the market leader, has successfully listed on the Malawi Stock Exchange and on Friday, December 7 opened the Initial Public Offer of shares (IPO). This was announced by […]

ICON aims at transforming property development in Malawi

Newly-formed ICONS Properties, a subsidiary of NICO Holdings, aims at transforming the real estate landscape to the next level so that they continue to being the market leader. This was said by the director of the Board of ICON Properties Vizenge Kumwenda at a news conference held at NICO Holdings boardroom at Chibisa House in […]

NICO Holdings send Times journalist for financial reporting course in South Africa

William Kumwembe of the Times Group becomes the 6th journalist to benefit from NICO Holdings in attending an annual training programme in business & financial offered by South Africa’s Sanlam financial services instituition to be held from November 4-11. NICO and Sanlam are business partners since 2014 and when the South African firm extended this training programme to other […]