Vice President Saulos Chilima will Thursday evening launch a high level bilateral business forum for Malawi and South Africa which Standard Bank and the South African government are co-hosting in Malawi’s commercial capital, Blantyre. The two-day forum runs from September 11-12, 2014 is under the theme; “Creating new trade links and growing opportunity.” Chief Executive Andrew Mashanda said the forum is […]
Lilongwe based golfer William Chimpeni had all the reasons to walk tall on the corridors of Lilongwe Golf Club (LGC) on Saturday (August 6, 2014) evening when he emerged champion for the inaugural Standard Bank Monthly Mug played at the club’s 18-hole golf course. Chimpeni came out in a field of 77 golfers with a net score […]
The Malawi Revenue Authority (MRA) officer at Jenda around midnight of Wednesday 3 September, 2014 intercepted a vehicle containing bags of money about K500 million (about $1.3m) after a shootout with the Mzuzu Standard bank robbers. MRA’s Deputy Director Corporate Affairs, Steven Kapoloma, said the vehicle, Ipsum registration number DZ 4039 silver in colour and […]
Armed robbers Wednesday night managed to beat the security system of one of the renowned commercial banks in Malawi, the Standard Bank where they went away with almost MK500 million before police intercepted them and recovered part of the money. Standard Bank, which is part of the South African based Standard Bank, has branches across […]
Football Association of Malawi (Fam) should not labour itself going to the inquiries desk at Standard Bank to seek a renewal of the Standard Bank Knock-out Cup sponsorship for the marriage between the bank and the soccer body is still intact. The assurance was made Saturday night by Standard Bank’s head of personal banking Margaret Kubwalo-Chaika […]
Ahead of hosting the K28 million Standard Bank Knock-out Cup final involving Silver Strikers and Azam Tigers, Standard Bank Limited have taken another big social responsibility, donating sports equipment worth K1 million to Special Olympics Malawi. The donation was made Friday, August 29, 2014 at Kamuzu Institute of Sports, where Special Olympics was hosting a […]
Lilongwe football supporters have all the reason to smile as they will host Standard Bank knockout cup finals second time in a row on August 30 after hosting it again in 2013. But the sponsrors said the venue could be reviewed depending on the outcome of the semi-final matches. Standard Bank’s head of marketing Chimwemwe […]
Standard Bank has apologised for the controversy the kits thy supplied in the Standard Bank Knockout Cup quarter-final. Airborne Rangers on Sunday rejected the kit they were meant to wear in their match against Mafco because it was insufficient and the colours were not theirs. Azam Tigers also nearly rejected the kit during the match […]
Shareholders for Standard Bank Malawi are wincing after the bank’s board directors resolved to declare an interim dividend of K500 million for the half year ended June 30, 2014. This is a decrease from the K2 billion which was paid in June 2013. Malawi Stock Exchange (MSE)-listed Standard Bank Limited will pay an interim dividend of K2.13 […]
Zambia bound Tessam Netball side on Wednesday got a timely morale booster ahead of the Confederation of University and College Sports Associations (Cucsa) Games after Standard Bank Malawi donated a complete netball uniform to the team at a ceremony held at the bank’s head office in Lilongwe. Standard Bank marketing officer Maria Bauleni said the donation underlined […]
The prestigious Standard Bank top eight knock-out Cup has been re-launched with the sponsors Standard Bank announcing an increase in prize money from K25 million to K28 million. The cup re-launch was held on Tuesday evening at Sunbird Mount Soche in Blantyre when Standard Bank’s Chief Executive Officer Andrew Mashaba announced the news sponsorship package. Mashaba […]
Standard Bank Malawi customers now have the opportunity to pay for terrestrial television channel GOtv using flexible monthly installments following Monday’s launch of a partnership with the television service provider. The partnership allows customers of the bank to pay for their GOtv decoders and initial subscription in three optional installments of K14,700 per month for […]
Standard Bank Limited has appointed Rex Harawa as its new chairperson, taking over from Alex Chitsime who chaired the bank’s board since 2004 and retired in May this year. Malawi Stock Exchange (MSE)-listed commercial bank said in a statement made available to Nyasa Times on Friday that Harawa was first appointed as Board member on […]
Standard Bank of Malawi will send winners of its invitational golf tournament slated for this weekend, to participate in the Mauritius Open in October this year. The bank hosts an invitational golf day on Saturday, June 7, 2014 at Malawi’s new golf facility, M’bawa Country Golf Club. The golf club at Bvumbwe in Thyolo is […]
Standard Bank has commended the role of the Malawi media in disseminating vital information on the bank’s role in the country’s economy. Head of Personal and Business Banking Margaret Kubwalo-Chaika said when the bank hosted editors and senior journalists to a luncheon at Blantyre’s up-market Atmosphere Restaurant Friday that media is an important partner of the […]
Standard Bank Limited has won the EMEA Finance award for the structuring advice it rendered to Malawi’s grid-power supplier – Electricity Supply Corporation of Malawi (ESCOM) Limited – which enabled the utility supplier to repay ZAR 79 million (about K3 billion) it owed the Development Bank of South Africa (DBSA). Making the announcement Standard Bank […]
As Malawi approaches the peak of its international trading season, Standard Bank is extending a transit goods insurance cover to its customers called TradeSure. TradeSure will be provided in partnership with insurer Nico General Insurance Company. Standard Bank’s Head of Personal Markets, Charity Mughogho said TradeSure is an exclusive insurance product that covers individual shipments […]
CDC Group plc (“CDC”), the UK’s development finance institution, has concluded a US$25 million loan to Standard Bank Malawi—a subsidiary of South Africa’s and Africa’s largest banking unit by assets, Standard Bank—senior officials announced Tuesday. The long-term, 7 year credit facility is intended to support Standard Bank’s efforts to increase lending to local businesses, particularly […]