Malawi government has appointed a new board chairperson of the Malawi Revenue Authority (MRA) who will oversee the tax collection body for the next three years. She is Evelyn Mwapasa. Bachelor of Accountancy, Master of Business Administration (MBA), Certified Public Accountant (CPA), Fellow of the Chartered Certified Accountants (FCCA) are some of Mwapasa’s qualifications. Mwapasa, […]
President Peter Mutharika has appointed a Civil Service Reform Commission which will be headed by State Vice President Saulos Chilima. State House said the Commission members will include former Director of Public Procurement Bright Mangulama and economist and a renowned resilient business man Thom Mpinganjira. Social development lawyer and women’s rights activist Seodi White is also a member. An […]
The Institute of chartered Accountants in Malawi (ICAM) has voted human rights activist, John Kapito as the country’s Most Influential Person of the year for his leading role on issues of economy ahead of renowned economists and entrepreneurs. Kapito, Executive Director for Consumers Association of Malawi (Cama), received more nominations from ICAM members published in […]
Former Mighty Wanderers player and seasoned banker, Philip Madinga has been appointed as the new Managing Director of FDH Bank Limited effective July 4, 2013. FDH Bank Limited is a subsidiary of FDH Financial Holdings Limited which is owned by business magnate Thom Mpinganjira. Prior to joining the FDH family, Madinga worked with Standard Bank […]
Banking Group, AfrAsia Kingdom Zimbabwe Limited, formerly Kingdom Financial Holdings Limited, could claim the full value of its shares in the disposal of a stake in a Malawian financial institution after winning an appeal against an arbitrator. The High Court in Blantyre set aside an arbitrator’s ruling against AfrAsia, citing bias by the arbitrator who […]
Economists Association of Malawi (ECAMA) Patron, Thomson Mpinganjira has outlined a number of measures through which government and the private sector could transform the country’s ailing economy. He said much as the current Economic Recovery Plan (ERP) was a timely intervention to bring back the country’s economy on track, there was need to deploy other […]
President Mrs Joyce Banda has asked economists in Malawi to ‘challenge’ her government’s thinking on the economic recovery plan (ERP). Speaking in Mangochi when she opened a three day annual conference for the Economics Association of Malawi (ECAMA) at Sunbird Nkopola lodge in Mangochi on Thursday. President Banda said she will welcome recommendations the conference […]
One of the leading banks in the country, FDH Bank will open its eighth branch in Zomba District on October 27, next week. FDH Bank, Group Chief Executive Officer, Thomson Mpinganjira said the opening of the new branch is in line with the bank’s vision of trying to reach every angle of the country. Mpinganjira […]
Zimbabwe’s Kingdom Financial Holdings Limited (KFHL) is disposing off its 38,15 per cent stake in FDH Financial Holdings of Malawi (FDH) after Reserve Bank of Malawi (RBM) certified KFHL unfit and to hold shares in the local group and banking institution. This is contained in documents detailing arbitration proceedings between Old Mutual Life Assurance and […]