Happy Njalam'mano

Happy Njalam'mano

It is NICO Group’s 50th anniversary, and the Group is celebrating the moment by introducing “The One” campaign to increase its visibility as it keeps growing.

Old Mutual Life Assurance Company (OMLAC) has partnered with Precious Medical Insurance in provision of annuitants medica cover to the former’s employees.

NICO General Insurance Company has implored on people in the country to timely start preparing for their retirement to ease challenges that come with retirement.

General Manager for NICO Pension, Gerald Chima, says life becomes unbearable for people who fail to prepare for their retirement.

He said this on Tuesday during the Retirement Planning Seminar the company organized in Blantyre.

“What happens is that people have a lot of needs. Maybe they relied much on company properties such as house and car. It now becomes hard when they leave all that during retirement.

“Imagine, they were used to posh cars and now they are walking; they were used to self-contained houses now they living in small houses and even staying at the village. That brings depression.

“Some changes in life bring stress that can even lead to death. That is why we are here to promote saving culture. The challenge is we relax a lot until we reach forties which is too late depending on responsibilities that we have. We need to start now before it is too late,” he said.

Main speaker during the event, Jimmy Lipunga, says the seminar was “to make sure that we equip one another with basic skill. It is not complicated.

“We just want to say that you can begin to prepare now by saving and accumulate benefits that will help you during your retirement.”

Two soldiers of the Malawi Defense Force have died this afternoon when a Military Police pick-up vehicle they were traveling in on President Lazarus Chakwera’s convoy overturned at HHI in Blantyre.

One of witnesses for business tycoon, Dr. Thomson Mpinganjira, failed to show up to testify before the high court in Blantyre on Wednesday.

Witnesses for Dr. Thomson Mpinganjira have started testifying in a case which the businessman is being accused of attempting to bribe judges who presided over the presidential elections case.

FINCA Malawi has given away K1.1 million in cash prizes to four lucky winners in its Dabo Dabo Promotion.

Police say they are making arrests of suspected K6.2 billion COVID-19 funds abusers in “chunks”.

National Bank of Malawi (NBM) has introduced Kasupe Finance programme that is aimed at uplifting livelihoods of people doing village savings and loans (VSLs).

Chilobwe Runs Dry

Residents of Chilobwe and other areas in Blantyre have complained that they have gone over a week without water supply from the Blantyre Water Board (BWB).

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