Despite posting a massive K12 billion profit, Standard Bank is expected to lay off about 50 managers in a bid to reduce operating costs, Nyasa Times understands. Insiders said the move has brought anxiety amongst the managers and other employees as they are not sure about their future at the bank. “This exercise will include […]
Britain’s financial regulator has fined the UK arm of South Africa‘s Standard Bank Group 7.6 million pounds ($12.6 million) for lax anti-money laundering controls of corporate customers linked to people holding prominent public functions. Reports by both Reuters and Bloomberg quotes the The Financial Conduct Authority (FCA) as saying it was the first time it had brought a case […]
Standard Bank will give outstanding sports journalist an early Christmas Gif after announcing that it will present awards for the Standard Bank Knock-Out tournament on Friday in Blantyre. Mighty Wanderers retained the cup after beating Silver Strikers 1-0 in November. Head of Marketing Chimwemwe Matonga said the 2013 media competition received high quality entries from […]
Standard Bank Malawi, sponsors of the K25 million Standard Bank Football Cup have raised the tempo ahead of the weekend quarterfinal clashes with a presentation of high quality uniforms to the eight teams battling for the stakes. The uniform presentation took place Thursday, October 17, 2013 at the Standard Bank head office in City Centre, […]
The Standard Bank Joy of Jazz show tickets have been sold as American Grammy Award winning jazz master Earl Klugh will headline this year’s concert on September 21 in Lilongwe. Earl Klugh is expected in the country on Thursday. In an interview with Nyasa Times, Standard Bank Marketing Manager Chimwemwe Matonga said as of Monday, all […]
Standard Bank Malawi Limited has posted strong half year results and says it has realised its objectives despite the challenging operating environment in the first half of the year. In its 6 months statement, the commercial bank boasts of a serious 142.9 percent jump of interest income to K10.2 billion (half year 12: K4.2 billion). […]
Standard Bank of Malawi bank has announced that talks are in progress with Netball Association of Malawi (Nam) on the possibility of reviving netball tournament sponsorship. Standard Bank’s Head of Marketing Chimwemwe Matonga said discussions were underway on the possibility to relaunch the competition which was suspended because of poor administration of the tournament . […]
Standard Bank Malawi has opened Mlambe banking suite meant for private and executive bankers to provide them with a lifestyle and financial requirements befitting their taste. Speaking during the opening of the suite last Thursday, Standard Bank Malawi Chief Executive Officer Charles Mudiwa said the Mlambe suite provides a queue-less banking, exception customer service as well […]
A seemingly innocent joke by Standard Bank of Malawi CEO Charles Mudiwa, a Zimbabwean national has opened a Pandora Box leaving his employers in South Africa no choice but to transfer him to Zambia. Mudiwa , is said to have moved in with President Joyce Banda’s daughter, Susan. Mudiwa, in a key note address at […]
The Gogo Chatinkha Maternity Wing at Queen Elizabeth Central Hospital (QECH) will soon have two additional operation rooms to address the deficit the department is facing when conducting cesarean operations on pregnant mothers. A Gynecologist at the country’s biggest referral hospital, Dr. Frank Taulo who is also part of a 14 member committee called ‘Friends […]
A comparative analysis chart by the Malawi Stock Exchange for the 2012 results posted by all the 11 commercial banks in the country shows that National Bank of Malawi remains the biggest bank by assets at K129.8 billion. Through the asset base lines, National Bank is followed by Standard Bank at K118.1 billion then NBS […]
Malawi Police in the northern city of Mzuzu have arrested a South African national for attempting to defraud Standard Bank Mzuzu branch of MK2 million using fake American Express Travelers’ Cheques. Mzuzu Police Station Public Relations Officer Sergeant Maurice Chapola confirmed the arrest of Bonface Mkosi, 47 of Short Street in Cape Town, South Africa. […]
Standard Bank, the sponsors of the prestigious Standard Bank Cup have assured the nation that they will continue bankrolling the K20 million knockout cup after the 2012-2013 edition was wrapped up last Saturday with Mighty Wanderers being crowned as deserved champions. The financial institution has hiked the sponsorship package for the cup to K20 million from K15 […]
South African singer Zahara arrived in the country Friday afternoon ahead of the Standard Bank Joy of Jazz Concert at the Presidential Hotel in Lilongwe on Saturday night. Her arrival settles down fears among Malawians, who were worried if the ‘Loliwe’ songstress was really coming, after she reportedly missed her flight which was scheduled to […]
South African songstress Zahara will arrive in the country on Friday for her performance at the Standard Bank Joy of Jazz Concert in the capital Lilongwe. Performing for the first time in Malawi, the ‘Loliwe’ star, born Bulelwa Mkutukana, is scheduled to perform at the newly opened Presidential Hotel on Saturday night, September 22. The […]
South Africa’s soulful singer, Zahara, famed for her hit song ‘Loliwe’ is scheduled to perform in the country this month. Zahara, who is Africa’s hottest female musician, with her 2011 ‘Loliwe’ album, will be headlining the Standard Bank Joy of Jazz on September 22 at the Presidential Hotel in Lilongwe. According to Standard Bank head […]
Malawi’s leading commercial bank, the Standard Bank, has announced the increase of this year’s Standard Bank Cup sponsorship from K15 million to K20 million. The good news was announced at the launching ceremony of the 2012-2013 Standard Bank Cup at Standard Bank Headquarters offices in Lilongwe on Saturday afternoon. “We have decided to increase our […]
The prestigious Standard Bank top eight knock-out Cup is expected to be launched on June 30th, the sponsors Standard Bank have announced. The announcement was made on Wednesday morning at a news conference held at Standard Bank Offices in Lilongwe. Speaking in an interview with Nyasa Timesafter the news conference, Standard Bank Head of Marketing […]