Standard Bank says it is well positioned to uplift small and medium enterprises reap the benefits from Malawi’s current economic growth and positive outlook for Gross Domestic Product (GDP). Speaking at an interaction with key customers in the business and enterprise egments in Lilongwe, Standard Bank Group Head of Business Banking Andrew Robertson said current […]
Two women entrepreneurs have returned from South Africa where Standard Bank sponsored them to attend an SME empowerment networking event under Lioness of Africa. Under the theme “Powering a new era of women’s entrepreneurship in Africa”, The Lionesses of Africa 2017 Annual Conference attracted over 30 speakers and delegates from 12 African countries. Standard Bank […]
Standard Bank has unveiled a K120 million multi-year Bursary program for four public universities in Malawi. Each of the four varsities will receive K30 million in tranches split over the next three years. The universities to benefit are University of Malawi, Malawi University of Science & Technology (MUST), Mzuzu University, and Lilongwe University of Agriculture […]
Chief Financial Officer Temwani Simwaka has been appointed as Acting Chief Executive Officer of Standard Bank following the relocation of Andrew Mashanda to the Standard Bank Group in Nigeria. Mashanda will be leaving the office effective 31st August 2017 to take on a different role within the Standard Bank Group after completing four years of […]
A Malawian author of “Grit” Daniel Dunga has donated 50 copies of the book to Standard Bank’s “Be More” due on July 30th. Proceeds from the Lilongwe race will go towards educating girls. Dunga said he was inspired by the idea of “Be More” by Standard Bank hence donation of the book which talks about how […]
Diversified foods and confectionary manufacturing group Rab Processors has partnered Standard Bank’s ‘Be More Race’ as official nutrition supplements provider for the July 30 marathon in Lilongwe. Group Chief Executive Ahmed Sunka said yesterday as a race partner, Rab Processors will provide Sibusiso ready-made energy food and a wide range of confectionaries and biscuits to […]
Standard Bank Malawi has sacked 10 of its branch managers for failure to meet some prescribed targets on Know Your Customer (KYC) guildelines which are used across the globe where the bank is operating, Nyasa Times understands. Insiders said the bank has fired managers for some of its ‘big’ branches which include Blantyre, Ginnery Corner, […]
As countdown to Standard Bank “Be More “Lilongwe race scheduled for July 30, 2017 continues, Lilongwe city mayor Desmomd Bikoko has officially endorsed the event to be hosted in the city. Speaking to journalists in Lilongwe Bikoko welcomed the Standard Bank Marathon saying it would bring back life into the city. “This is agreat ret […]
As countdown to Standard Bank “Be More” Lilongwe race scheduled for July 30, 2017 continues, Standard Bank has dared prospective participants and other fitness enthusiasts to share their fitness journey on social media to inspire and encourage others. In return, the bank is offering the participants a chance to win fitness and healthy gear every […]
Businessperson-cum-politician Osward Lutepo who is serving a prison sentence after being convicted as Cashgate convict has dragged Standard Bank of Malawi to High Court for breach of contract. Lutepo, who was handed 11 years custodial sentence for money laundering and conspiracy to defraud government, is seeking damages from Standard Bank. He sued Standard Bank over a K633 […]
Standard Bank of Malaw has launched the “Be More” race to take place in Lilongwe on July 30, 2017 and to bring together customers, community, civic leaders and professional athletes. Head of Business Banking Edward Kilian said the “Be More” race aims to become a platform by the bank to create partnerships with customers, families and community […]
The Minister of Sport, Youth and Labour Development Henry Mussa has commended Standard Bank Malawi for it’s tirelessly support towards youth development in the country. Mussa said this in Lilongwe after receiving 25 computers worth K5 million from the bank. The computers are expected to be distributed in community technical schools that government opened recently. […]
The Malawi Socio Economic Forum, hosted by Standard Bank in partnership with the Government of Malawi, the United Nations International Children’s Emergency Fund (UNICEF) and A4AY, a Malawian youth development agency, presented an upbeat view of Malawian growth prospects. Policy certainty and an increasingly benign interest rate and macro-economic environment, “presented the best opportunity in […]
Standard Bank is pleased to announce that its customers will now be able to pay for goods and services online using the bank’s VISA Debit cards. Launching the offer, Acting Head of Personal Banking Webster Mbekeyani said it is an online, real-time payment settlement method that uses the bank’s security-enhanced VISA debit cards. Mbekeyani said […]
In its quest to deliver superior services and move our customers in tune with advancements in technology, Standard Bank Malawi will switch its operations to a new banking system driver called Finacle. The move, expected in June 2017, has been carefully planned to ensure seamless transition for customer transactions and to deliver an exciting, superior […]
Malawi’s Vice President Dr Saulos Chilima on Tuesday appealed to commercial banks to move in and rescue local innovative young entrepreneurs with capital which he said is a major barrier to youth entrepreneurship. Speaking in Lilongwe during the Youth Entrepreneurship Forum organised by Standard Bank of Malawi, Chilima said entrepreneurship has become a remedy the rising unemployment. […]
A compelling line up of policy makers and business leaders from Europe, Africa and Malawi are scheduled to address delegates attending Standard Bank Malawi’s first Socio-Economic Forum focussing on the youth next week, Tuesday March 28th in Malawi’s administrative capital, Lilongwe. Under the theme; “Youth Entrepreneurship: Creating Opportunities to Build Mother Malawi,” the forum has been […]
As women from all walks of life commemorate International Women’s Day, top executives from Standard Bank Malawi are leading their contemporaries at special gatherings in Blantyre and Lilongwe. Head of Marketing Thoko Unyolo said to commemorate the day, Standard Bank has organised high-tea parties where high profile guests will interact with like-minded women. Unyolo said […]