Umodzi Holdings posts K1.2bn quarterly profit as conference and events business drives growth

Umodzi Holdings Limited, the state-owned operator of Umodzi Park Resorts in Lilongwe, reported a profit after tax of K1.2 billion for the first quarter of the 2026/27 financial year, up 14.5 per cent from K1.0 billion in the same period a year earlier. Unaudited results for the three months to 30 June 2026 showed total […]

MP Chihana query on SA’s Peermont deal at Malawi presidential hotel

Member of Parliament for Rumphi Central Constituency, Enoch Chihana has asked government to explain to the House the details of the contract details that Malawi government signed with Peermont Holdings from South Africa to manage Umodzi Park which include the Bingu International Conference Centre, the five star hotel and presidential chalets. However, things seemed to […]

Mbilizi says Umodzi Park to be ‘a mixed development centre’

Board Chairperson for Umodzi Holdings Limited, Francis Mbilizi Friday said they have long term goals to develop the Umodzi Park into a mixed development centre. Mbilizi said this in Lilongwe, during the grand opening of the Umodzi Park Complex by President Professor Peter Mutharika. “As Umodzi Holdings Limited we have long term goals to develop […]

Mutharika opens magnificent Umodzi Park: Peermont to run Malawi five-star hotel

Malawi President Peter Mutharika on Friday officially opened a $100 million magnificent Umodzi Park complex which comprise of world-class Bingu Wa Mutharika International Conference Centre (BICC) , Presidential Villas and a 5-Star President Walmont Hotel built in the capital Lilongwe. Speaking during the Grand opening, President Mutharika said the complex represents a symbol of excellence […]

Malawi to open 5 -star hotel by South Africa group Peermont

Malawi’s first Five Star Hotel will be officially opened on May 1 under the name Peermont President’s Hotel, government has announced. The Hotel is located at Umodzi Park in Lilongwe which also includes the Bingu International Conference Centre (BICC). Information, Tourism and Culture Minister Kondwani Nankhumwa described the opening of the hotel as a milestone […]