The Board of Directors of National Bank of Malawi at its meeting of 17 March 2025 duly convened and held, resolved that a second interim dividend of K17.4 billion (representing K37.26 per share) be paid to the shareholders appearing in the register of the company as at close of business on 17 April 2025. A first interim dividend of K13.0 billion was paid in September 2024 in respect of 2024 profits.

The Company’s shares will trade ex-dividend from 15 April 2025, and the last date to register is 17 April 2025. Payment date for the second interim dividend is 30 April 2025, to shareholders appearing in the register of the Company as at close of business on 17 April 2025.

BY ORDER OF THE BOARD

Zunzo E. Mitole

COMPANY SECRETARY

National Bank of Malawi (NBM) plc has announced an increase of its profit-after-tax to K101.71 billion, marking a 41% increase for the year ending 2024, from the K71.96 billion reported in 2023.

In the just-released financial statement signed by Chief Executive Officer (CEO) Harold Jiya, Board Chairperson Jimmy Lipunga, Director Mcleod Nkhoma, and Chief Financial Officer (CFO) Daniel Jere, NBM plc’s results were largely driven by growth in customer deposits, which fueled an increase in the loan book and fixed-income securities.

The National Bank of Malawi (NBM) plc has emphasized the importance of exposing students to financial education to help them make informed financial decisions from an early age.

NBM Top Mandala Service Center Manager Wyson Kayira spoke on Friday at Chikuli Community Day Secondary School (CDSS) in Blantyre, where the Bank concluded this year’s Global Money Week, an annual event led by the Bankers Association of Malawi (BAM).

In the heat of misfortunes, women have repeatedly demonstrated that resilience is their strongest asset. For women in business, the journey to success is often filled with challenges, some rooted in personal loss while others stem from a desire to achieve more and become more.

It is not surprising that their courage transforms into unstoppable momentum when these women find the right support.

The National Bank of Malawi (NBM) Plc, widely known as the “Bank of the Nation,” has boosted the Sports Writers Association of Malawi (SWAM) with a K3 million donation to support its Elective General Meeting (EGM), set to take place this Saturday at Safari Beach in Salima.

Speaking during the symbolic cheque handover ceremony in Blantyre, NBM’s Product Development and Strategy Manager, Weruzani Kunkwenzu, underscored the vital role sports journalists play in Malawi’s sporting ecosystem.

The thought of news that your child is to go for a cancer diagnosis as you are referred to Queen Elizabeth Central Hospital (QECH) on its own, is scary.

On average, it takes a day or two to get the diagnosis done as the whole referral hospital has one machine for the task, in some cases, they tell you that your child has to undergo the same procedure twice, saying the first sample is missing.

Fear of the unknown engulfs you as you see your child’s health deteriorate while waiting for the results.

The Southern Region Mo626 Intercollege Music show took the stage by storm over the weekend at the Malawi University of Business and applied Sciences (MUBAS) grounds in Blantyre, offering a captivating blend of music, dance, and youthful energy that had college students from across the southern region on their feet.

Akossa Hiwa

In a significant move to honour its commitment to the overall winners of the 2023 Innovation Jam, the National Bank of Malawi (NBM) plc has announced a cash compensation totalling K12.3 million for the awardees.

In the initial arrangement, the winners, Richard Mtukula and Matthews Jere were set to attend the prestigious 2nd Annual TICON Africa Conference in Kenya in September 2024 as part of their prizes.