NBS Bank plc has announced a significant leap in profitability for the year ending 31 December 2024, projecting a profit after tax between K68.6 billion and K72.5 billion. This marks an exceptional growth of between 133% and 146.6% compared to the K29.4 billion reported for the same period in 2023 for the ‘Caring Bank’. In […] The post NBS Bank projects K73 billion profit for 2024 appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Malawi Stock Exchange-listed National Bank of Malawi (NBM) plc has projected a profit surge of up to 37% for the financial year ending December 31, 2024, reinforcing its position as one of Malawi’s most consistent financial performers. In its trading statement issued in compliance with Malawi Stock Exchange requirements, NBM plc anticipates a consolidated profit […] The post NBM plc eyes K98 billion 2024 profit appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

FDH Bank plc has announced that it expects its profit for the year ending December 31, 2024, to grow to between K59.2 billion and K62.5 billion. This represents a 66 percent and 75 percent increase from the K35.6 billion reported in the previous period last year. According to the statement released by the Company Secretary Juliano Kanyongolo, the summary consolidated […] The post FDH Bank plc expects 2024 profit jump to 75% appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

The Sendera Sisters, a popular dancing group affiliated with the Democratic Progressive Party (DPP), electrified supporters with the launch of their new album, “A Peter a Betcha Lawyer,” on December 29, 2024. The album is aimed at energizing DPP followers spiritually and politically as the party gears up for the 2025 general elections. The event, […] The post Sendera Sisters boost DPP spirit with new album ahead of 2025 elections appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Malawi’s economic performance in 2024, as reflected in the remarkable success of its leading companies, demonstrates a steady and promising recovery. Despite global and regional economic challenges, the corporate sector’s achievements reveal robust growth, diversified development, and resilience in key sectors of the economy. The financial sector emerged as the bedrock of Malawi’s economy in […] The post Analysis: Corporate sector performance in 2024 shows Malawi’s economy is steadily improving appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

NICO Holdings PLC has emerged as the most profitable company in Malawi, with an estimated profit after tax of between MK122 billion and MK131 billion for the year 2024. This represents an astounding growth of 110% to 126% compared to 2023, cementing its position as a leader in the financial sector. The latest financial disclosures […] The post NICO Holdings tops profit charts as Malawi’s leading companies signal economic recovery appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Northern Region vice president of the erstwhile governing Democratic Progressive Party (DPP), Jappie Mhango, has taken to task President Dr. Lazarus McCarthy Chakwera and his administration for failing to complete 31-kilometre Chitipa- Ilomba Road. When he took over the reigns of power through the court-sanctioned Fresh Presidential Election in June 2020, President Chakwera promised that […] The post DPP veep Jappie Mhango takes on Chakwera govt over delayed completion of Chitipa- Ilomba Road appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Vice President Dr. Michael Usi is the man of the moment for the wrong reasons. But for those who cared to read between the lines, it was obvious from the start that the circle would be closing in on him and would eventually have nowhere to run to. When he was appointed the Vice President […] The post Opinion: Dr Michael Usi, a man dying loudly appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

The Chakwera administration has ramped up its commitment to ending hunger in Malawi through the National Economic Empowerment Fund (NEEF), formerly known as the Malawi Enterprise Development Fund (MEDEF). The initiative involves the distribution of fertilizers as part of a farm inputs loan program aimed at bolstering agricultural productivity and food security. NEEF Chief Executive […] The post Chakwera administration intensifies hunger eradication efforts with NEEF farm inputs loan appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

In his end-of-year address, Leader of the Opposition, George Chaponda, has described 2024 as a “year of darkness and void of leadership,” citing multiple crises that have beleaguered Malawi throughout the year. Chaponda’s speech highlighted a series of failures in government, from tragic incidents to widespread inefficiencies that have left the nation grappling with a […] The post Chaponda says 2024 is ‘a year of darkness and void of leadership’ appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

The Department of Climate Change & Meteorological Services is alerting the public that starting today to January 5, most areas are likely to be cloudy, with thunderstorms and localised heavy rainfall that could lead to flash floods, due to the pulses of Congo air mass. In its summary of weather ahead issued this evening Meteorological […] The post Weather Update: Heavy rainfall expected from today till January 5 that could lead to flash floods appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Zozodo Gemstone Consultancy and Mining Company Limited has set ambitious plans for its 2025 financial year, including making massive investment in quarry mining, gemstone value addition and gemstone jewelry production in its efforts to improve the income stability for the company. Recently, the company held its annual general meeting (AGM) to evaluate and assess its […] The post Zozodo Gemstone Consultancy and Mining Co. Limited sets ambitious plans for 2025 appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Over 500 constituents from the newly demarcated Salima Central East constituency started the New Year on a joyful note after receiving gifts from their independent Shadow Member of Parliament (MP) Nasreen Khonat on Sunday morning. The beneficiaries were residents from Group Village Headman Mataka in the area of Traditional Authority (TA) Maganga. Hundreds of children […] The post Salima Central East Shadow MP, Khonat, Shares New Year Gifts with Constituents appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

The growing rift between Vice-President Michael Usi and the UTM Party leadership has raised serious questions about the future of the party and its ability to serve as a cohesive political force. At the heart of the dispute lies Usi’s refusal to recognize the legitimacy of the current UTM leadership and his rejection of summons […] The post Editorial: To save UTM, Usi and party leadership needs an independent mediator appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Former president Bakili Muluzi has initiated efforts to bring together national and regional leaders to mediate the long-standing Lake Malawi border dispute between Malawi and Tanzania. Speaking to journalists in Blantyre yesterday, Muluzi revealed that he has reached out to fellow former president Joyce Banda and plans to engage the government and other key stakeholders […] The post Former President Muluzi seeks unity among leaders to resolve Lake Malawi dispute appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

A catastrophic plane crash in South Korea has claimed the lives of 179 people, leaving only two survivors. The Jeju Air Flight 2216, a Boeing 737-800, was carrying 181 passengers and crew when it collided with a flock of birds and crash-landed at Muan International Airport on Sunday morning. The aircraft skidded along the runway […] The post South Korea plane crash caused by collision with birds leaves 179 dead, two survivors appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

The Southern Region Water Board (SRWB) has made significant progress in the last four years, recording a 100% increase in revenue—from K8.3 billion in December 2020 to K17.1 billion by December 2024. During the same period, the number of customers grew from 57,000 to 90,000. SRWB has also seen a rise in prepaid meter installations, […] The post SRWB records impressive revenue growth and expands services appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Archbishop Thomas Msusa of the Blantyre Archdiocese has unleashed a whirlwind of debate and defiance, declaring he has no regrets about his explosive remarks questioning the findings of the Commission of Inquiry into the tragic plane crash that claimed the lives of Vice President Saulos Chilima and eight others. “I stand by my words,” Msusa […] The post Archibishop Msusa defiant, responds to critics: “I stand by what I said on plane inquiry.” appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

The Centre for Multiparty Democracy (CMD) and Malawi Electoral Commission (MEC) have agreed to take stringent and decisive measures for a achieving free, fair and credible General Elections on 16 September 2025. CMD is a membership organization principally for political parties who are represented in the National Assembly of Malawi. However, in order to achieve […] The post CMD, MEC taking stringent measures for achieving free, fair and credible 2025 General Elections appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

The Nation Initiative for Civic Education (NICE) Public Trust has condemned the reports of the sale, exchange, and unlawful snatching of voter registration certificates ahead of the September 2025 General Elections. In a statement last week, NICE Executive Director Gray Kalindekafe expressed concern over the unethical practices that marked the recently concluded three voter registration […] The post NICE Decries Sale, Exchange, and Unlawful Snatching of Voter Registration Certificates appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Aspiring presidential candidate Milward Tobias recently outlined his manifesto, which, among others, delves into the need for the country to diversify its revenue collection to achieve sustainable social and economic development. Tobias, who intends to run as an independent candidate, said, if elected into office on 16 September 2024, his administration will strive to identify […] The post Presidential candidate Tobias outlines manifesto, promises to diversify revenue generation and collection appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Parliamentary Committee on Agriculture chairperson Sameer Suleman has firmly rejected a request from Speaker of the National Assembly Catherine Gotani-Hara to explain his unannounced visit to the Smallholder Farmers Fertiliser Revolving Fund of Malawi (SFFRFM), calling it unnecessary and misaligned with the duties of a Member of Parliament. In a bold response, Suleman accused the […] The post Suleman dismisses Speaker’s query, vows: “I will continue exposing wrongs in Chakwera Govt.” appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

As Malawi and the world prepare to welcome 2025, all eyes are on Prophet Amos Kambale’s Crossover Night, an event stirring both excitement and debate. Hosted by the founder of Life International Church, the event, themed “Possessing Your Possessions,” promises miraculous breakthroughs, divine interventions, and prophetic revelations. The Crossover Night, scheduled for December 31, 2024, […] The post Prophet Kambale’s Crossover Night Sparks Anticipation and Controversy appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Grace Mwanza, a member of Malawian-UK Nurses Association (MUNA), a grouping of nurses of Malawian origin permanently resident in the United Kingdom, has been bestowed with UK’s prestigious title of Queens Nurse by The Queen’s Nursing Institute (@TheQNI ). Grace Mwanza, who also received an award from former Malawi President, late Dr. Hastings Kamuzu Banda, was […] The post Malawian-UK Nurses Association’s member Grace Mwanza bestowed with UK’s prestigious title of Queens Nurse appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Archbishop Thomas Luke Msusa’s comments regarding the findings of the Commission of Inquiry into the tragic June 10 plane crash that claimed the life of Vice President Saulos Chilima and eight others have sparked debate. While some have interpreted his statements as controversial or divisive, they are better understood as a deeply personal expression of […] The post Archbishop Msusa’s Remarks: Grief and an opinion amidst a polarizing tragedy appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Giant alcoholic beverage producer in the country, Castel Malawi Limited has recognised 69 long serving employees in the year 2024 by giving them certificates and other varying items. The company started the rewarding process for this year last week in Mzuzu and Lilongwe where they recognised six employees in each of the two distribution centres. […] The post Castel awards 69 long serving employees in 2024 appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Malawians from various walks of life have expressed deep concern over recent remarks by Archbishop Thomas Luke Msusa, which many view as counterproductive to the peace-building efforts championed by different stakeholders in the country. Delivering a homily over the weekend, Msusa accused the June 10 plane crash inquiry of failing to reveal the truth, though […] The post “Archbishop Msusa Sparks Outrage with Controversial Remarks on Chilima Plane Crash Inquiry” appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

The Malawi Electoral Commission (MEC), in collaboration with the National Registration Bureau (NRB), has announced plans for a supplementary voter registration exercise aimed at addressing gaps from the initial registration process. The exercise, detailed by MEC Chairperson Justice Annabel Mtalimanja during a joint press briefing, seeks to ensure that all eligible Malawians have the opportunity […] The post MEC Chairperson Outlines Plans for Supplementary Voter Registration Ahead of 2025 Elections appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

As Malawians joined millions of Christians worldwide in celebrating Christmas, the festivities were marked by a mix of joy, resilience, and economic hardships. Against a backdrop of rising living costs, fuel shortages, and dwindling purchasing power, many adapted their traditions to suit the prevailing financial realities. President Lazarus Chakwera delivered a heartfelt Christmas message from […] The post Malawians celebrate xmas amid economic pains, as Chakwera urges them to surrender their lives to Christ appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

The Government of Malawi has officially released the English version of the report from the commission of inquiry investigating the tragic plane crash that claimed the lives of former Vice President Saulos Chilima and eight others on June 10 this year. However, vernacular versions, including Chichewa, are yet to be made available to the public […] The post Govt releases English version of Chilima report; Chichewa version yet to be published appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Vice President Michael Usi has become synonymous with theatrics, captivating public attention with his dancing, joke-cracking, and market antics. While these performances may draw crowds and applause, they are a disservice to the people of Malawi who are grappling with serious challenges. At a time when the nation is crying out for leadership, this persistent […] The post Enough of the Theater: Vice President Michael Usi, Malawi Needs Leadership, Not Comedy appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Listening to the Commission of Inquiry into the plane crash that claimed the lives of nine Malawians, including former vice-president Saulos Chilima, was a painful reminder of what this country has lost. It felt like the final nail in the coffin, a painful reminder of an irreplaceable loss Malawi is still grappling with. Chilima was […] The post Will there be another Saulos Chilima? appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

The Democratic Progressive Party (DPP) is walking a perilous path, one that threatens to drag Malawi back into the dark days of political chaos and unrest. From the recent arrest of Victor Musowa, MP for Mulanje Bale, to the inflammatory remarks by the party’s Director of Youth, Paulos Norman Chisale, the DPP has shown a […] The post Editorial: The DPP must end its dangerous dance with violence appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Political Science Association President, Joseph Chunga, has urged Malawi Police to arrest Democratic Progressive Party (DPP) Director of Youth, Paulos Norman Chisale, for inciting violence. Chisale, speaking at a political rally in Bangwe, called on DPP youth to “rise and fight” against any institution attempting to arrest DPP leader Peter Mutharika. In an interview, Chunga […] The post Political analyst calls for arrest of Norman Chisale for inciting violence appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Sponsors Castel Malawi Limited and Football Association of Malawi (FAM) have expressed excitement over the improved level of competition in this year’s Castel Challenge Cup. This season’s competition wrapped up on Saturday with Blantyre-based Mighty Mukuru Wanderers defeating Mzuzu City Hammers 1-0 to clinch the highest football cup on the land. The victory not only […] The post Sponsors, FAM delights in Castel Cup outcome appeared first on Malawi Nyasa Times - News from Malawi about Malawi.