All roads in Blantyre are leading to Jacaranda Cultural Centre where renowned cartoonist Haswell Kunyenje is, currently, holding an art exhibition titled: Portraits of Public Figures’. Kunyenje has produced 25 portraits of some influential figures who, over the years, have informed opinion, shaped perception and contributed to the country’s narrative. Among the public figures on […]
Fast growing local commercial bank FDH has set aside K150 million for students scholarships in tertiary institutions in the country. Speaking at a luncheon to announce the scholarships on Wednesday, FDH Holdings Chief Executive Officer Dr Thomson Mpinganjira said the financial institution remains highly committed to supporting the education sector and will continue to support […]
FDH Financial Holdings Group, a local diversified investments and financial solutions firm, has posted a K7.8 billion profit after tax for the year ending 31st December 2018, up from K94.6 million registered in the previous year. A statement for the financial results for the period released March 18 2019 seen by Nyasa Times shows that […]
Thousands of Malawians from all walks of life paid their last respects to Barbra, late wife to business mogul, Dr. Thom Mpinganjira. The late Barbra Abigail Mpinganijra died at Mwaiwathu Private Hospital in the wee hours of Friday, January 4 2019 and was laid to rest on Saturday, January 5 2019 at Mpinganjira’s home village […]
FDH Financial Holdings Limited Chief Executive Officer Dr Thomson Mpinganjira has become the first Malawian entrepreneur to be nominated in two continental prestigious business awards. Mpinganjira is Southern Africa finalist in the Business Leader of the Year and Entrepreneur of the Year Categories, a first feat ever done by a Malawian. The team of judges […]
Board chairperson for technically insolvent power utility Electricity Supply Corporation of Malawi (Escom), Thom Mpinganjira has said he has instituted a grand investigation to find out how some members of staff connived with the powerful ruling Democratic Progressive Party (DPP) officials to fleece the powerhouse huge sums of money which left Escom with a debt […]
FDH Financial Holdings Limited is insisting on recouping about K1.2 billion from the amount it paid for the purchase of Malawi Savings Bank (MSB) following claims the company was overvalued. Chief Executive Officer for FDH Financial Holdings Limited, Thom Mpinganjira said they were still in discussions with government on the issue and expressed desire to resolve the […]
FDH Holdings Limited has appointed William Mpinganjira, son to FDH Holdings Chief Executive Officer Thom Mpinganjira, as Deputy Managing Director for FDH Bank Limited effective March 1, 2017. In a statement, FDH Bank Board Chairman Dr Eric Sankhulani said the appointment of the young Mpinganjira to the position will be valuable to the business as […]
Malawi influential weekend newspaper has hit at government for keeping K9.5 billion from sale of Malawi Savings Bank two years after it was sold to financial mogul, Thom Mpinganjira. In an editorial comment headlined, ‘Government can’t weigh options on MSB for two good years, the Malawi News says Minister of Finance, Economic Planning and Development […]
FDH Bank Limited chief executive officer Thom Mpinganjira expected to appear in court next month for contempt of court under Civil Cause number 681 of 2013 between the bank and Maranatha Girls Academy Limited. Mpinganjira and FDH head of credit Tiwonge Khoje are accused of “contemptuously disobeying” two court orders on the long-drawn casw with the Academy. […]
If you still think there are only seven classic wonders of the world, you have another think coming. Ladies and Gentlemen, it is my singular honour and pleasure to introduce to you , the eighth wonder! Just as a reminder, the classic seven wonders are: the Great Pyramid of Giza, the Hanging Gardens of Babylon, […]
Over 400 retrenched staff of FDH and Malawi Savings Bank (MSB) have entered a third day of vigil at the office of the financial institution’s chief executive officer Thom Mpinganjira in a bid to force him pay them their pension and severance pay. Spokesperson for the retrenched employees Chifundo Soko said the vigil, staged in […]
FDH Financial Holdings Limited Chief Executive Officer, Thom Mpinganjira has ordered a forensic audit to be conducted on the newly acquisition Malawi Savings Bank (MSB) after it registered a K3.1 billion (before tax) loss in 2014. Contrary to reports before FDH acquired majority shareholding of the bank that it posted a profit of K811 million […]
Malawi Savings Bank which was bought from government by FDH Holdings in controversial circumstances at K9.5bn ($21.1 million) has sent two of its managers on forced leave after being discovered to have accumulated excessive leave days that would create a huge liability if they were to stop working for the bank. According to published report, […]
After completing the 75 percent shares buyer of Malawi Savings Bank (MSB) from government, Thom Mpinganjira, FDH holding’s Chairperson has been on PR campaign engaging in almost every media house giving interviews and mostly well cheorographed to suit his notes with the latest being on Times TV when he accused some MPs, Civil Society Organizations […]
President Peter Mutharika faced calls to resign after being criticised by lawmakers and civil society activist over the controversial circumstances government has sold Malawi Savings Bank to FDH Financial Holdings of Thom Mpinganjira at K9.5bn ($21.1 million). Opposition lawmakers have accused the Peter Mutharika administration of total disregard of the people’s position of transparency and […]
It’s now official, government has sold Malawi Savings Bank (MSB) sold at K9.5bn ($21.1 million) while Indebank has been sold at K6.7bn ($14.9 million). MSB has been sold to FDH Financial Holdings Limited whose chief executive officer is Thom Mpinganjira. The signing ceremony toook place on Thursday in the capital Lilongwe which saw Finance Minister Goodall […]
FDH Financial Holdings Limited chief executive officer Thom Mpinganjira has fended off talk that the company has completed the process of buying wholly State-owned Malawi Savings Bank (MSB). Mpinganjira said on Thursday that the process is continuing. He rejected reports which went viral on news websites and social media on Wednesday that government secretly proceeded to sale […]