Old Mutual Finance (OMFIN) Limited has won a product innovation award for its Golden Reserve Solution at the 4th Malawi Microfinance Network (MAMN) Annual Lake Conference Excellence Awards, held at Mogfords Lake Resort. The Golden Reserve product is designed to help pensioners unlock value from their retirement income while protecting their financial future, OMFIN said. […]
Old Mutual Malawi has pledged K12.2 million towards the Economics Association of Malawi’s (ECAMA) annual conference, underscoring private sector support for policy dialogue at a time of continued economic challenges. The conference, scheduled for October 29 to 30 in Mangochi, will bring together economists, policymakers, business leaders and other stakeholders to discuss reforms aimed at […]
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 […]
Old Mutual Malawi has released its 2025 Sustainability Report, detailing how the insurer navigated a year of significant economic and political turbulence while maintaining its focus on responsible, sustainable growth. The report outlines a sustainability agenda centred on creating value for the organisation and its stakeholders, while reinforcing the company’s operational resilience in a shifting […]
Reserve Bank of Malawi governor George Partridge has called on the country’s financial services industry to accelerate efforts on financial inclusion, warning that large segments of the population remain excluded from formal credit and banking services. Speaking in Lilongwe on Friday at the launch of Old Mutual Finance Limited (OMFIN), a newly established non-deposit microfinance […]
Old Mutual Malawi Limited, one of the country’s leading financial services providers, has reaffirmed its commitment to developing golf in Malawi, pledging continued investment at grassroots level to strengthen the sport’s growth and competitiveness. Mark Mikwamba, managing director of Old Mutual Malawi, made the remarks at Blantyre Sports Club on the final day of the […]
Old Mutual Malawi hosted an event for policyholders and their spouses in Blantyre , part of a broader push by the insurer to position itself as a household financial partner amid a challenging economic environment for consumers. The dinner, held at the Amaryllis Hotel under the theme “Thriving Together: Partners for Life”, was structured to […]
Old Mutual Malawi Limited has urged couples to plan their finances jointly, arguing that collective financial planning leads to better outcomes for households. The company’s Group Chief Executive Officer, Tavona Biza, made the remarks during a dinner organised for couples in Lilongwe. “When people make financial decisions, you make financial decisions about the home, and […]
Old Mutual (Blantyre) Foundation Trust has donated K140 million to support government’s repatriation of Malawians returning from South Africa following xenophobic attacks there. Handing over the cheque in Lilongwe on Wednesday, Foundation chairperson Tawonga Manda said the funds will go toward transporting 140 Malawians, covering the cost of hiring two buses from Durban to Malawi. […]
Super League of Malawi (Sulom) will revive the rewarding of the TNM Super League Man of the Match, Player of the Week and Player of the Month after partnering with Old Mutual Life Assurance. The awards were stopped following the expiry of the two-year partnership with Spar in the 2019 season. On Wednesday, Sulom and […]
Old Mutual has launched #Sisonke, a pan African campaign aimed at creating awareness and to inspire collective action to mitigate, minimise and manage Covid-19 and its effects. As part of the campaign, Old Mutual is inviting people to submit videos that highlight how everyday heroes are making a positive impact in their respective communities. The […]
ServiceTouch™ — a consultancy business services — will on Tuesday, March 23 facilitate an hour-long interactive session live on Times TV from 6pm for Old Mutual’s 2020 Guaranteed Fund Bonus declaration. The session, to be held from Soche International Conference Centre at Mount Soche in Blantyre, will also be streamlined on Times 360 and on […]
As one way of mitigating the effects of climate change in the country, Mthunzi Funeral Services — a subsidiary of Old Mutual Malawi Plc, has introduced ‘Mthunzi Tree Nursery and 2021 Tree planting’ activity. Speaking during the launch at Mthunzi Funeral Services in Blantyre, Chief Operations for Old Mutual Khumbo Phiri said they decided to […]
Premier financial services provider, Old Mutual (Malawi) Limited, has donated assorted medicine and personal protective equipment (PPE) worth K30 million to Blantyre and Lilongwe District Health Offices (DHOs) to help the two offices in the fight against the Coronavirus (Covid-19) pandemic. Chief Executive Officer for Old Mutual (Malawi) Limited, Edith Jiya, said the donation is […]
Minister of Education Agnes NyaLonje has launched an accommodation project for public universities which she said will end accommodation woes the university faces due to government’s policy to increase intake in recent years without supporting infrastructure. Speaking during the launch of the first construction phase at the University of Malawi’s College of Medicine Lilongwe campus […]
Old Mutual Investment Group has been accused of ‘corporate sabotage’ over the sale of FDH Bank shares after it released a report telling its pensioners not to purchase the shares even though Old Mutual holds shareholding in FDH Bank. One of the Old Mutual pensioners said Old Mutual released an analysis of the FDH Bank […]
Old Mutual Malawi plc has given K25 billion worth of free life cover for 25, 000 Covid-19 frontline workers as the number of coronavirus cases in the country rise steadily. This means Old Mutual Life Assurance company would pay K1 million to a family covid-19 frontline healthcare worker who dies of the disease. Old Mutual […]
Old Mutual Malawi Limited has resorted to transacting business through mobile phone money services and online banking amid worry that using banknotes and coins can spread the coronavirus disease (Covid-19) which has affected Malawi and the rest of the World. Marketing and Corporate Affairs Manager, Patience Chatsika, has disclosed this in a statement made available […]