Nico Holdings grooms Mlusu's successor

Malawi’s insurance giant Nico Holdings is grooming a successor of its long time group chief executive Felix Mlusu. A special and strategic position of deputy group CEO has been created for former finance director Vizenge Kumwenda. Nico Holdings acquired SFG Insurance Company (Zimbabwe) and its other subsidiaries are Nico Life, NBS Bank, Nico Technologies, Nico […]

Nico, judge ‘killig’ cancer patient with court order

A former employee of insurance company Nico Holdings Limited, Patrick Mlangali, who is suffering from life threatening cancer disease, is at risk of losing his life after missing two crucial treatment because of a court order, it has been reported. Nico applied to the High Court for an order staying the execution of an Industrial […]