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NBS Bank, FAM hands over Cyclone survivors’ homes

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By Linda Kwanjana

NBS Bank plc in conjunction with the Football Association of Malawi (FAM), and the Malawi Red Cross Society, have officially handed over four houses to families who were displaced by Tropical Cyclone Freddy in March in Ntauchira Village, Chiradzulu.

The houses were built using the funds realized from the Charity Shield match between Nyasa Big Bullets and Mighty Wanderers played in April this year, as well as from the Flames Africa Cup of Nations (AFCON) qualifier against Egypt, which was played at Bingu National Stadium in Lilongwe.

At the handover ceremony in Masikini Village, Traditional Authority (T/A) Likoswe, Temwani Simwaka, NBS Bank’s Deputy Chief Executive Officer, stated that as a ‘Caring Bank’ and a Malawian institution, they were overjoyed to be a part of the life-changing endeavour for the impacted families, and that the homes will make a significant difference in their lives.



“As a Bank, we always value every life because we rely on them as clients. As part of our corporate social responsibility, we decided to come in by partnering with FAM with the goal of bringing a significant change to our friends, and it is our hope that these houses stand as a great starting point for their lives,” she explained.

FAM president Walter Nyamilandu Manda expressed excitement about fulfilling the promise that the association made to the public and the affected families.

“These families had been through a terrible time, and they desperately needed our help as Malawians. As the FA, we are very proud that we have been able to help them afford a smile.”

“We understand that what we have provided to them is insufficient to bring back their relatives who died during the tragedy, but our plan was to ensure that we give them a place like a house, which we have just fulfilled,” he said.

Malawi Red Cross Society acting Head of Disaster Management, Cecilia Banda, praised FAM and NBS Bank for acting as goodwill ambassadors in supporting the affected people, saying the institutions demonstrated true love to the victims

Margaret Makawa, 40, who lost her husband in the disaster, expressed her thanks for the home, saying it came at a time when she had nowhere to live with her five children.

NBM powers University games with K3.5 million

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By Linda Kwanjana

National Bank of Malawi Plc (NBM) has boosted the morale of the Tertiary Education Students Sports Association of Malawi (TESSAM) 2023 games with a donation of K3.5 million.

Students from about 20 tertiary institutions in the country will converge in Lilongwe this weekend for various sports activities including football, volleyball, tennis, netball and others.

NBM Projects Manager Chimwemwe Lipato presented the cheque to TESSAM officials on Tuesday where he said the Bank believes that giving the youth a platform to develop skills through sports helps the country’s development.

Lipato presenting the cheque



“National Bank believes that the youth have a big role to play, and we are not just a financial Institution but part of the Malawian community. Giving the youth a platform to develop their skills will allow them to maximize and realize their potential from a sports perspective, but overall, it will give them a platform for mental stimulation and their contribution to this country,” said Lipato.

TESSAM technical member, Victor Chikoti thanked National Bank for always being a true partner.

“The Different Universities participating in these games get funding from their institutions but it is not adequate. There are usually cases where we come to the grounds and still need a hand. We knew we had a gap and needed a partner. We could not think of any other way but to go to National Bank as a trusted partner that has invested a lot, especially in uplifting the standards of education in Malawi.”

“So, they were kind enough and indeed very faithful to their promise to come in and say they would not allow students at the national level to come together in these different sporting codes without the Bank featuring at that particular stage, for that, we appreciate this type of support,” said Chikoti.

The annual sports festival will also be used to identify champions in various disciplines that will represent the country at the Confederation of Universities and Colleges Sports Association (CUCSA) tournament in South Africa next year.

NCIC preaches about professionalism among local industry players

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By Wilfred Golden

National Construction Industry Council of Malawi (NCIC), says there is need for local industry players in the country to adopt core values stipulated by the council which are; quality, integrity, partnership, innovation and stakeholders focus.

Chief Executive Officer at NCIC, Engineer Gerald Khonje, said this during a graduation ceremony held in two categories of Foremanship and Certificate in construction management.

He said these core values will enable them to work professionally as they are executing their duties.

Gerald Khonje



“As you are aware there has been an outcry regarding the issue of quality in the construction industry and we want that narrative to change, the beginning point is to have the sufficient capacity to be able to implement any type of project in the country and we are calling upon them to work diligently and professionally.

“But we are also calling upon others who are interested to take part in the construction industry to come and participate in these skills, so that their skills are sharpened,” Khonje highlighted.

In his remarks, Executive Director at TEVETA, Elwin Sichiola said it is very worrisome that big contract deals which had an opportunity of changing a life of a Malawian contractors are given to foreign contractors and emphasized that time has come that these local players should start winning big contracts as they have acquired the required skills and knowledge and he encouraged the graduates to have sharp minds as the sky is not even their limit.

“You must understand that construction is a big thing in this country as largely most Malawians have been in small constructions, but when we get to big contracts we have seen alot of foreign contractors and as these graduates most of them are already in the construction industry in different companies and some are not and we are saying go out there compete and grow so that one day as a country we can have a local company dominate big contracts in this country then it will help us to preserve forex and help in developing this country,” Sichiola said.

He also said that as TEVATA they are doing a number of interventions as they also work hand in hand with the construction industry in the development of the curriculum and they also make sure that all students who are on trainings are also involved in practical works offered by TEVETA as they believe that when they combine classroom trainings with industry experience the graduates tends to be more suited to the needs of the industry.

One of the graduating students Sarah Chirwa said as managers in the construction industry they will make sure that they factor in the issue of quality as they will be executing their duties.

NCIC, has accredited 60 students in Foremanship as well as 27 students with certificate in construction management.

MDF refusing to release documents in Chilima corruption case on security matters

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By Chisomo Phiri

The Malawi Defence Force (MDF) through the office of Attorney General (AG) on Tuesday submitted before Financial Crimes Court Judge Redson Kapindu that it cannot not release documents that defence lawyers in the corruption case involving Vice President Saulos Chilima are demanding because the documents contain information bordering on national security.

The court met in camera for almost three hours where both parties submitted their oral arguments in the presence of
AG Thabo Chakaka Nyirenda.

Chilima



Speaking to journalists outside the court, one of the defence lawyers Bright Theu indicated that MDF are insisting that sharing the documents would put national security in jeopardy.

Theu however, refused to disclose details of the arguments the defence team advanced saying doing so would be preemptive of the discussion which was in camera.

Meanwhile,the court announced reserving its ruling on the matter and also directed both parties to file written submissions by Friday this week.

Chilima is being accused of receiving an unspecified bribe from businessperson and corruption suspect Zuneth Sattar to secure government contracts.

During his arrest in November 2022, Anti Corruption Bureau (ACB) charged him with six counts and alleged he had received $280 000 as a bribe before amending the charge sheet.

Ecobank introduces ‘Save as You Spend’ account for saving culture promotion

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By Chisomo Phiri

One of the country’s popular financial institutions, Ecobank Malawi has on Tuesday unveiled Save as You Spend Account, which allows customers to automatically save a percentage of their spending transactions.

According to the bank’s head of consumer banking Sophie Kalambule, the account is designed to help customers build up their savings while they spend on everyday needs.

“Customers can choose to save between one percent and 10 percent of their spending transactions, which will be transferred from their current account to their Save As You Spend Account,” she says.

Kalambule



Kalambule says the product is part of Ecobank Malawi’s commitment to promoting a saving culture and assist customers to achieve their financial goals.

She adds: “This is a simple and convenient way for our customers to save money while they spend.

“This is a unique and innovative savings account that automatically debits up to 10 percent of every transaction you make; hence, help our customers save effortlessly as they spend on their daily needs.”

Kalambule highlights that the account, with zero monthly fees, will enable customers to enjoy the benefits of saving such as earning interests, securing their future and accessing credit.

Ecobank Malawi is part of the Ecobank Transnational Incorporated, the parent company of the Ecobank Group that operates in 35 African countries.