Breaking Condom Barriers
Buying condoms is one of tough experiences men and boys have ever experienced.
NICO Life To Settle K3 Billion Death Claims By This December
NICO Group of Companies says it estimates that by December this year its subsidiary company NICO Life will have paid off in excess of K3 billion from K800million, last year to its life insurers.
Group Managing Director, Vizenge Kumwenda has attributed the increase to a number of deaths due to the covid 19 pandemic.
Kumwenda disclosed this when the company celebrated its 50 years Anniversary in Mzuzu.
``Although most people are hesitant to be under any insurance policy, the company will keep providing awareness on the need of a life insurance cover so that insurers relations have a backup plan in case death strikes,” says Kumwenda.
It is reported that as of August this year, NICO life has paid off K1.8 billion from death claims and that by December this year the company estimates that it will pay out K3 billion.
Said Kumwenda: ``The uptake of insurance, in general, is very low in the country. I think it’s below 3% of GDP which is very low. But I must also mention that perhaps it’s not just insurance but general financial services, the uptake is not where we would want to be’
Saint John of God Hospital services Director, Dr. Charles Masulani Mwale has applauded NICO group for reaching put to people in times of need citing the Covid-19 insurance companies in the country, especially in a time when most people have been affected by the coronavirus and could use help from insurance companies.
`‘The awareness that they are giving is quite good. For example, our institution has most of our property like vehicles insured with them. But apart from that, they are providing financial literacy inputs to our members of staff” says Mwale.
NICO Group of companies was founded in 1971 and this year marks 50 years of its existence where it has managed to grow and set subsidiary companies such as NICO GENERAL, Nico life, Nico Assets, NBS bank just to mention a few.
Chakwera Adamant on AIP
President Lazarus Chakwera says he will not abandon Affordable Input Programme (AIP) until alternatives are fully developed.
DPP Responds to Chakwera on Debts
Former governing Democratic Progressive Party (DPP) says president Lazarus Chakwera must tell the nation how much debt the country has accumulated since he assumed the presidency.
Story Workshop Drums Up Support for Covid-19 Vaccination in Neno
In a bid to ensure that the citizenry is protected from Covid-19 pandemic and its health and economic implications, The Story-Workshop has resorted to using drama groups as a tool of wooing people to vaccine.
High Court Rules In Favour Of Sumbuleta
High Court Judge, Redson Kapindu on Friday ruled in favour of former Director for Malawi Broadcasting Corporation, Aubrey Sumbuleta to have his case transferred to Blantyre.
MHRC Moves In On Alleged Chitipa Police Brutality Case
The Malawi Human Rights Commission has commenced investigations in a case of alleged police brutality where Leonard Mkumbwa of Chitipa is accusing the law enforcers in the district of assaulting him with a hot pressing iron in September this year.
SADC Ministers of Health For Establishment of Financial Hub
Southern African Development Community member states have agreed to form a financial hub to ensure health services are well funded, to collectively fight health challenges prevalent in the region.
Police Nets 7 For Killing Biological Father
Police in Karonga has arrested seven people in Karonga on allegations that they killed a 63-year-old man based on witchcraft accusations.
Construction of Mzuni Library should resume - NCIC Ordered
Government has ordered the National Construction Industry Council of Malawi to temporarily lift a ban it imposed on China State Engineering Construction Cooperation Limited that stopped construction works of the Mzuzu University Library for not meeting some construction guidelines.
Deputy Minister of Transport and Public Works, Nancy Chaola Mdoko says the relief has been considered following the stage at which the project is and the impending rainy season which can affect the progress.
``With the project at an early stage, foundation, can you temporarily lift the stop order to allow China State Engineering Construction Cooperation Limited to commence with their work on the foundations. We are near rain season which can affect the stage,” ordered Mdoko.
The Council halted construction works on basis that the Beijing - based company working on the project did not subcontract 30 percent of works to local contractors.
The order follows, a request by China State Engineering Construction Cooperation Limited Project Manager at Mzuzu University site, Wang Qiang who wrote Ministry of Transport and Public Works requesting it to temporarily lift the order as they are in discussion with local companies that were Sub Contracted for the project.
Requested Qiang: ``We would like to have sixty days for construction, while we are finalizing agreements with other Sub Contractors.
Council's Acting Chief Executive Officer, Engineer Gerald Khonje could neither confirm nor deny the developments but asked for a questionnaire which he is yet to respond to.
Government and its partners have invested about K7 billion for the construction of the Mzuzu University Library.
MoU to Address Concerns of Vendors in Mzuzu
A grouping under the banner Malawi Union for Informal Sector has expressed disappointment over failure by local councils to accommodate vendors' concerns.
Use Floating Pumps For Irrigation, Farmers Advised
Principal Manager for FISD Finance for Agriculture Development(FIFAD) Mr. Abel Mwenechanya has advised farmers in the country to use floating pumps for irrigation farming.
Not My Sister!
It is a tradition in most Malawi’s rural setups, just like in many African countries, to send young girls to initiation camps in preparation for adulthood.
Man Jailed For Stealing 2 Bags of Maize
The Second Grade Magistrate Court in Ntchisi has convicted and sentenced Hopeson Ndundu, 24, to 30 months in jail for breaking into the building, and stealing 2 bags of maize weighing 70 kilograms each, valued at sixteen thousand kwacha from a warehouse belonging to one of the residents in the district.
Man Jailed 3 Yrs for Theft by Servant
A 33-year-old man, Frank Kapesi who was working as a loan officer for an organization known as Concern Universal Micro Finance Organization (Cumo) in Ntchisi, will spend the next 3 years in jail for stealing money amounting to five million three hundred kwacha for the organization.
Form 1 Student Commits Suicide
A form one open student at Nsanje Secondary School, has committed suicide by hanging himself to the roof of a house using a rope yesterday morning, police have confirmed to Zodiak online. This is a fourth suicide case in the district in less than two months.