Category Archives: Business

The Maravi Post is a leading source for reliable Business news and analysis on Business. Top African Business like  Dangote  Group in Nigeria, Mulli Brothers in Malawi

The 10 Greatest Living Business Leaders In Africa Today
  • Sheikh Mohammed Al-Amoudi, Ethiopian.
  • Raymond Ackerman, South African.
  • Aliko Dangote, Nigerian.
  • Manu Chandaria, Kenyan.
  • Onsi Sawiris, Egyptian.
  • Brian Joffe, South African.
  • Strive Masiyiwa, Zimbabwean.
  • Wale Tinubu, Nigerian.

TNM aids MK3.5m towards 2024 Engineers lakeshore conference

LILONGWE-(MaraviPost)-The country’s premier telecommunications service provider TNM on Wednesday, September 4, 2024 donated MK3.5 million to Malawi Engineering Institute (MEI) towards this year lakeshore conference.

The 2024 Engineering Conference is slated for September 12-13 at Nkopola Lodge in the lakeshore district of Mangochi.

Speaking after receiving a dummy cheque at TNM Lilongwe office, Conference Chairperson Kondwani Chilembo was over the moon over the financial support

Chilembo said the funds will top the meeting’s budget defit.

He added that conference will provide an opportunity to evaluate the engineering profession and identify ways to enhance the sector.

“This year’s conference will be taking stocks on areas of infrastructure resilient, professional development, risk sharing in contractors and innovation and automation.

“We are also to review old policies as we are still operating under policies established in 1978. We need to review some of the country’s engineering policies to align them with current standards”, said Kalembo.

TNM’s Chief Technical Officer, Lloyd Gowela, said that the company is committed to supporting the conference, given its extensive collaboration with engineers in its work.

Under the theme, “Evaluating the Engineering Profession: Driving the Attainment of Malawi 2063” and is expected to attract around 400 engineers from across the country.

Malawi has over 3, 000 engineers that only 1, 200 are registered and operating legally.

Chakwera’s China trip bearing fruits: Secures MK50bn for Judicial Complex construction

BEIJING-(MaraviPost)-Malawi government and China on Tuesday, September 4, 2024 signed a MK50 billion financing agreement for the construction of the Judicial Complex in Lilongwe.

Minister of Finance and Economic Planning Simplex Chithyola-Banda signed the agreement on behalf of the Malawi government and described the agreement as a fitting gift from the Chinese government to the people of Malawi.

The minister said the grant financing which is worth Chinese RMB 200 million translating to over US$ 30 million (about K50 billion) will aid the transformation of Malawi.

In an interview, Chithyola-Banda said that Chinese President Xi JinPing informed President Dr Lazarus Chakwera about the grant financing of the Judicial Complex during their bilateral meeting at the Great Hall of the People held on Tuesday morning.

“I am happy that I have signed this agreement on behalf of the Malawi government that will see our judicially operate from modern buildings that will house quite many offices including courtrooms which is a positive development.”

“The onus to start work on the Judicial Complex that will be constructed in Lilongwe opposite the Parliament Building is now on my ministry which will work to fastback its operationalization with the stakeholders in China to make sure disbursements are done so that the work can start soon,” said Chithyola Banda.

The Finance Minister also said aside from changing the face of Lilongwe, the project will contribute to the socio-economic development of the country as it will see several Malawians getting employed on the project and others supplying goods and services as well.

Chithyola-Banda said the commitment of the Chinese government to fund the project is a result of focused leadership that has prioritized building good relations with other countries as already seen by the designation of Malawi as a strategic partner by the Chinese Government.

Signing on behalf of the Chinese government was Long Zhou who is the Chinese Ambassador to Malawi who said his government would see to it that the project runs its full course and that the relations between the two countries grow from strength to strength.

The signing agreement took place on the sidelines of the 2024 Forum on China-Africa Cooperation (FOCAC) Summit which is being attended by President Dr Lazarus Chakwera.

The summit will among others focus on building relations and cooperation in supporting Africas industrialization, energy and trade as a priority, talent development, accelerating agricultural modernization, agenda 2063 of the African Union, modernization and mutual learning among civilizations, political, peace, and security cooperation as well as poverty reduction.

FOCAC was instituted in 2000 to foster relations between China and the 53 African nations and the African Union (AU) and is held every six years while the ministers conference is held every three years.

ChitChat and Mastercard Launch Virtual Debit Cards

The partnership will enable ChitChat users’ access to perform diverse transactions within the comfort of a single app 

LUSAKA, Zambia, 4th September 2024 -/African Media Agency(AMA)/- ChitChat, a leading social commerce platform, has joined forces with Mastercard to introduce new virtual debit cards. This innovative collaboration will enable users access to a one-stop shop where they can transact and conduct online shopping, manage subscription payments, and transfer funds across the continent in real time—all within the convenience of the ChitChat application’s messaging interface. 

The application boasts an interactive chat functionality where users can discuss expenses directly and enable them to instantly transfer funds using the virtual card, without any fuss. 

Through the launch of ChitChat’s virtual card, cross-border payments will be accelerated and transactions that traditionally required a bank visit, extensive paperwork, and enduring several days of waiting with high fees can now be done instantly within the application. Additionally, users can store funds in multiple currencies, offering protection against local currency fluctuations and inflation, and simplifying cross-border transactions. 

“We are thrilled to partner with Mastercard to launch the ChitChat virtual debit card, a tool that will redefine how individuals and businesses in Africa interact with money and access global services,” said Perseus Mlambo, CEO of ChitChat. “By integrating local economies with the global market in a secure and convenient chat platform, we empower our users with instant transactions that transform everyday interactions and unlock new economic opportunities across the continent.”

Gabriel Swanepoel, Country Manager at Mastercard said, “Mastercard is excited to partner with ChitChat to introduce the virtual debit card, providing a faster, more affordable, and accessible way to conduct global transactions. At Mastercard, we are actively engaged in building the African domestic payment ecosystem connecting partners through digital solutions and technology, extending acceptance infrastructure, and aiming to connect one billion people to the digital economy by 2025.

Moreover, our partnership with ChitChat will empower them to manage their consumers’ digital commerce needs, interactions, and experiences. We will provide multi-use, omnichannel digital payment solutions that enhance operational efficiency and enable a seamless transition into digital commerce.”

This move significantly expands ChitChat’s services beyond simple messaging, positioning it as a multi-functional application offering a comprehensive link between social and financial needs. Furthermore, this collaborative effort aims to connect and empower an inclusive digital economy for all, reinforcing Mastercard’s global commitment.

Distributed by African Media Agency (AMA) on behalf of the Mastercard .

The post ChitChat and Mastercard Launch Virtual Debit Cards appeared first on African Media Agency.

Source : African Media Agency (AMA)

1200+ Fintech Stakeholders to Converge at the 12th Edition of the Africa Fintech Summit in Nairobi, Kenya

NAIROBI, Kenya, 4th September 2024 /African Media Agency/-Nairobi, Kenya, is set to host the 12th edition of the Africa Fintech Summit in two days. The event, slated to take place at the J.W. Marriott from September 4-6, 2024, will bring together African and global Africa-focused fintech stakeholders for growth-enabling conversations and engagements.

The Nairobi event is the latest edition of the biannual Africa Fintech Summit, which takes place in Washington, D.C., and in an African city every year. Since its inception in 2018, AFTS has established itself as the leading global initiative dedicated to Africa’s fintech ecosystem. It provides a unique space where ideas are shared, investments mobilized, and partnerships formed.

Over the last 11 summits—five in Washington D.C., a virtual edition in 2020, and one each in Lagos, Addis Ababa, Cairo, Cape Town, and Lusaka—AFTS has welcomed more than 9,000 in-person and virtual delegates. Over 150 panel sessions, workshops, and roundtable discussions led by 400+ industry-leading speakers and panelists have occurred at these events. The summits have also facilitated multiple partnerships and hosted product and initiative launches like the Prosper Africa Tech for Trade Alliance while contributing to the successful efforts of startups to raise over $150 million.

This track record is set to be extended at #AFTSNairobi2024. The summit kicks off with a customary VIP dinner on Wednesday, September 4, 2024. Dignitaries will be treated to fine dining and engaging conversations in a relaxed setting, offering them an opportunity to form meaningful connections before the main event.

Guided by the theme “Fintech in Every Industry,” the main event on September 5 includes an extensive line-up of panel sessions and keynotes. The content tracks include a fireside chat with Shola Akinlade, Co-founder of Paystack, and conversations on open banking, Kenya’s tech ecosystem, mobile money, the Africa Continental Free Trade Area (AfCFTA), blockchain technology, cross-border money transfer and remittances, fintech’s role in Africa’s climate solutions and more. Other exciting side engagements include workshops, startup exhibitions, and the Excellence in Fintech Award ceremony. Proceedings on the fifth will end with a Visa-sponsored happy hour.

The final day of the summit is equally packed. Attendees can expect a Sunrise Networking Safari and two tours of the Kenyan tech ecosystem focused on investing and expanding into Kenya. The rest of the day will spent on several expert-led masterclasses and the AlphaExpo Micro Accelerator and Pitch Competition.

The Africa Fintech Summit typically hosts the best and brightest of African fintech, stakeholders across different sectors, and global tech players. This year is no different. Confirmed organizations that will be represented at the event include M-PESA, Interswitch, Flutterwave, Paystack, MDP, Visa, Mastercard, Google, Microsoft, 500 Global, Ecobank, Bank of America, Fintech Association of Kenya (FINTAK), Prosper Africa, and more. Many of these also double as sponsors of the event.

As with past events, #AFTSNairobi2024 will take a hybrid format that welcomes in-person attendees, and offers live streaming for remote participants via the Africa Fintech Summit website (www.africafintechsummit.com). Tickets to the event are still available; click this link to get yours.

Distributed by African Media Agency in partnership with Africa Fintech Summit

About Africa Fintech Summit 

AFTS ( https://africafintechsummit.com ) is the premier global initiative dedicated to the African fintech ecosystem. AFTS is traditionally hosted in Washington, D.C., each April during the World Bank/IFC annual meeting week and in a different African city each November. The summit is being held in a hybrid format, in person in the selected Venue in compliance with COVID-19 protocol and global live virtual delegates.  

Supported by an advisory board of thought leaders and fintech pioneers, AFTS is a unique space where innovative ideas are debated, investments mobilized, partnership deals signed, and collaborations formed across sectors and geographies. AFTS is organized in partnership between Washington, D.C.-based firms, strategic advisory group Dedalus Global, and pan-African consultancy advisory firm Ibex Frontier. 

Media contact:
Charles Isidi
Head of Marketing and Communications,
Africa Fintech Summit. 
charles@africafintechsummit.com

The post 1200+ Fintech Stakeholders to Converge at the 12th Edition of the Africa Fintech Summit in Nairobi, Kenya appeared first on African Media Agency.

Source : African Media Agency (AMA)

Inspiring digital innovation ideas into solutions

LILONGWE-(MaraviPost)-August 12 every year is International Youth Day. This year the day was commemorated under the theme ‘From Clicks to Progress: Youth Digital Pathways for Sustainable Development’.

To a young Lilongwe-based innovator, Eliot Kalenga, the theme is a reminder of how he was able to transform his idea to a practical digital solution benefiting organisations, schools, and also creating job opportunities for other youths in the country.

The 34-year-old bachelor of Computer Science graduate from the University of Malawi (formerly Chancellor College), Kalenga capitalized on the challenges he encountered while working as a teacher in his early career days to develop a solution called Fees Collection Management System (FECOMAS).

“Working as a teacher, I observed that there are various problems that are incurred when it comes to issues of fees collection,” said Kalenga.

Currently the solution is being used by various schools and organisations, thanks to the support and exposure FECOMAS got from National Bank of Malawi (NBM) plc through their Innovation Jam initiative run in partnership with ICT Association of Malawi (ICTAM).

When Kalenga’s idea was pitched at the Innovation Jam, they emerged winners in the Open-Source category and took home K1 million as prize money.

The money was used as a starter-pack that enabled expansion of the idea further. It boosted the operations of FECOMAS from being just a project to a tech-solution company.

“At that time, we were not sure if it really would solve problems since the application had not yet been used, but after winning the competition it gave us the energy to go for it fully.”

“Currently, it is being run as FECOMAS Tech Solutions Company with two of my colleagues. We have also recruited three more employees across Malawi thereby contributing to the creation of job opportunities.”

“FECOMAS is just no longer about the fees collection system but it is a school information management system which includes all aspects that are involved in running a school by digitalizing the whole process,” explains Kalenga. 

The solution has brought about efficiency in the school administration as reports are generated there and then, thereby saving 90 percent of the time spent.

It also has the ability to send messages to parents via WhatsApp and E-mail which is simplifying the communication process between the school management and parents. 

Borrowing and returning of books at the library and stock management has also been simplified by the system.

He indicates that so far, FECOMAS is working with Sanwecka Blantyre, Lilongwe and Mzuzu offices, Logos Academy and Springfield Academy, and has proven to be a success.

“We have signed contracts with many other schools, we believe that more institutions will adopt this solution this coming school session. We are aiming for 200 schools to adopt this solution by 2027,” Kalenga adds.

He thanks NBM plc for the Innovation Jam saying has provided a platform for young innovators to be able to sell their ideas and excel through the support given.

“Companies doubt local solutions in most cases but NBM plc has proven to be one of the few that is working hand-in-hand with ICTAM to make people believe that local solutions should also be considered in the development of the country,” Kalenga appreciates. 

He concludes by encouraging young innovators not to allow their dreams to die before bringing them into reality.

“Believe in yourself, with passion and determination everything is possible.”

“It would be of great importance if this solution is adopted as everything is going digital. Looking at vision 2063 there is a need to leave the old ways of keeping files,” he offers. 

Malawi vision 2063 aims at achieving a skills revolution that is underpinned by science technology and innovation which FECOMAS also aims at achieving by the use of such solutions driven by Malawians.

Emmie Kantokoma, one of the partners at FECOMAS explains that apart from being an IT Technician, she is also a parent who has experienced problems with school fees collection and thought this would be a good way in eliminating problems that arise due to loss of receipts and tracing fees payments at the Bank which this innovation is providing.

Sanwecka Tech companion Central Region Manager, Dorcas Kwisongole testifies to how efficient FECOMAS is by solving communication problems between the school’s Branches and head office in Blantyre.

“Every detail that is uploaded in this application concerning our training courses, the students enrolled, fees collected and balances, courses and every other information that is needed can be accessed at the Head office without problems.”

“This application even allows printing of receipts and reports, meaning that it is saving time as it is done instantly. This is a very good, easy application to use and convenient as it can also be accessed anywhere,” says Kwisongole.

She too commends NBM plc for giving such innovations a boost.

“The Bank’s decision to support local solutions made by the youth really is a plus. There is a need for continued support of other youths that come up with different innovative ideas like these as they are really a good way of moving forward as a country,” she explains. 

ICTAM president Clarence Gama also hails NBM plc for the support that it is giving through the Innovation Jam which he says has produced several innovations like FECOMAS. 

“Through these competitions several winners have transformed their innovations into thriving tech businesses not only FECOMAS but several others such as; iMosys, Lync Systems and MlimiPay just to mention a few.”

“The Innovation Jam hold substantial significance for both the youth and Malawi at large as it is empowering the youth by demonstrating their capabilities to key stakeholders and encouraging local innovation, thereby building confidence in local talents and fostering collaborations.” 

“It is also inspiring the youth to push their ideas further through the startups that NBM plc provides. It is working as a springboard to develop and scale ideas into successful enterprises which in turn fosters economic growth, addressing local challenges and building a knowledge-based economy which is in alignment with the countries agenda to be an inclusively wealthy and self-reliant industrialized upper-middle-income country by the year 2063,” explains Gama.

NBM plc Marketing and Corporate Affairs Manager Akossa Hiwa says the Bank is excited to see that its support through the Innovation Jam is able to bring notable outcomes to the youth.

“The Bank recognises the need to empower the youth through the various innovations that are bringing about growth economically not only to them but the country as a whole,” she says.

Meanwhile, in November last year, NBM plc set aside K345 million for innovation incubator hubs as a way of promoting innovation ideas into real solutions.

Sasai Money Transfer expands free remittances offer to additional African markets in partnership with Airtel Money

JOHANNESBURG, South Africa, September 2, 2024/ — SASAI MONEY TRANSFER (www.MoneyTransfer.Sasai.Global), a business of Cassava Technologies (https://apo-opa.co/4dKI5Hn) and one of the fastest growing international money transfer operators, has partnered with Airtel Money to expand its revolutionary offer of free remittances to more African markets. The Zero Fees initiative, which was first launched in May 2024 by Sasai Money Transfer in partnership with Econet in Zimbabwe, is now being expanded with Airtel Money starting with Uganda, before being extended to other high-traffic remittance Airtel markets such as Ghana, Malawi, Nigeria, Kenya and Zambia.  

This innovative offering eliminates remittance sending fees for users of the Sasai Money Transfer service in the United Kingdom and South Africa sending money to family and friends in Uganda. The partnership with Airtel Money Uganda ensures that the recipient also enjoys similar benefits by cashing out their funds for free from their Airtel Money wallet. Overall, this is an end-to-end customer proposition offering unique benefits of improved access and affordability to both the sender and receiver.  

The current reality in the African context is that informal remittances are still prevalent, by and large exceeding the volume of formal remittances flowing through official channels. This high level of informality presents a challenge for African migrants many of whom end up losing their hard-earned money to unscrupulous intermediaries. In line with the vision of a digitally connected future that leaves no African behind, Sasai is leading the charge of digitizing and formalizing remittances, and making the services more accessible and affordable for all Africans. The goal is to close the gap between formal and informal money transfers, and making sure that no one is excluded from these essential services. 

The Managing Director of Airtel Mobile Commerce Uganda Limited, Mr. Japhet Aritho said, “We have partnered with Sasai Money Transfer on their innovative initiative that aligns with our own agenda of ensuring financial inclusivity for all Ugandans. This offer brings even more value to our customers, coinciding with our big consumer promotion, Vroomula Amajja, which offers customers a chance to win daily cash prizes, weekly Boda-Boda prizes and a Toyota Rav4 Hybrid by simply receiving remittances into their Airtel Money wallet.” 

Sasai Money Transfer’s forerunning partnership on zero fees with EcoCash, Zimbabwe’s largest mobile money operator, has proven to be a resounding success. The zero fees offer has become very popular with senders in the UK and SA offering relief from the often-exorbitant remittances fees seen in the market. Resultantly, the initiative has been described by many as an “indispensable lifeline” for families back home. 

Sasai Fintech (https://apo-opa.co/4e6oW2f) CEO, Mr. Darlington Mandivenga said, “The partnership with Airtel Money Uganda offers an important avenue into one of Africa’s largest remittance markets. As Sasai, this is where we want to be, ensuring we reach as many people as possible and ultimately leave no African behind. We are in a competitively unique position where we have been able to utilize our source market assets, operational efficiencies and group synergies, while collaborating with like-minded partners such as Airtel Money to deliver innovative offerings.” 

The Zero Fees initiative by Sasai marks another first in the remittances industry, where a Money Transfer Operator has been able to effectively collaborate with Mobile Money Operators to focus on a single goal: making money transfer services more affordable. In an industry where fees can be as high as 13%, the zero fees initiative holds enormous long-term potential to contribute to the formalization of international money transfers, the bulk of which still flow through unsafe and unreliable informal channels. 

Distributed by APO Group on behalf of Sasai Money Transfer.

NCIC up with Construction Cost Indices for contractors

LILONGWE-(MaraviPost)-National Construction Industry Council (NCIC) has established Construction Cost Indices (CCI) to guide constructors, construction companies, and individuals.

NCIC, Chief Executive Officer, Gerald Nkhonje told the news conference on Friday, August 30, in the capital Lilongwe that the construction industry is facing significant cost pressures which are impacting project timelines budgets and the quality of construction products.

Nkhonje said the indices are intended to provide a frame reference for the cost of construction inputs for parties involved in the management of infrastructure projects.

“Adjustments of cost have resulted in project delays as parties negotiate prices without clear reference cost and the construction indices cost will curb the trend,” said Nkhonje.

He further said the indices have been produced to assist the construction industry with price adjustment in the event of changes in prices for various material inputs that arise due to realignment or devaluation of the currency.

NCIC was established by an act of Parliament in 1996 with the mandate to develop, promote, and Regulate the construction industry to transform the sustainable and quality-driven construction industry.

“Remain focused in business to transform Malawi better”-Philanthropist Triephornia Mpinganjira dares 34 upcoming entrepreneurs

LILONGWE-(MaraviPost)-Businesswoman and philanthropist Triephornia Mpinganjira has challenged 34 upcoming intrapreneurs to make use of funds given” and change Malawi for the better.

Mpinganjira therefore pledged to continue supporting the youth in knowledge and entrepreneurship to assist in attaining the country’s development aspirations.

She made the remarks in Lilongwe on Friday, August 30, 2024, during the grand finale of her ‘Kuthandiza Omwe Alibe Kuthekera Kupita Patsogolo’ project.

Mpinganjira added that through the initiative the initiative they have awarded MK34 million to 34 young people who submitted different business ideas which will uplift their lives.

“If you have chosen the entrepreneurship path then be focused and strong as it’s not an easy road to breakthroughs. Use the funds for intended projects that improve your welfare, others, and Malawi,” dares Mpinganjira.

She however lauded Credible Investment Limited (CIL) for partnering with her saying “What matters is the zeal to support young people to do better in life. Your support (CIL) has reached two beneficiaries who were not budgeted for”.

Principal Secretary in the Ministry of Youth and Sports Isaac Katopola has hailed Mpinganjira for the effort in supporting the youth.

One of the beneficiaries Hawa Shabir assured of making use of the funds to achieve her dreams of becoming a successful entrepreneur.

Credible Investment Limited partnered with Mpinganjira with MK2 million in the project to reach out to two young entrepreneurs.

Renowned lawyer Wapona Kita and business tycoon Napoleon Dzombe and successful young ICT expert Mayamiko Mkoloma were among the speakers at the event which attracted over 100 delegates.

NCHE, NBS Bank partner for access to higher education

BLANTYRE-(MaraviPost)-The National Council for Higher Education (NCHE) and the NBS Bank, a subsidiary of NICO Group of Companies, have pledged to continue to collaborate to promote access to higher education in Malawi.

The two institutions reiterated their commitment recently during a presentation of a sponsorship cheque amounting to MK2.58 million, by NBS as application fees for 172 financially needy students, enabling them to apply for the 2023/2024 public universities admissions facilitated by NCHE.

NBS Bank Corporate Relationships Manager for Government Portfolio Andrew Zainga said the collaboration underscores a shared commitment to removing financial barriers and expanding opportunities for deserving students.

“At NBS Bank, we are always delighted to contribute to initiatives that promote access to education. Education is a powerful tool for empowerment and development, and we are proud to play a role in helping these students pursue their academic dreams.” Said Zainga.

Acting Council Chairperson for NCHE Reverend Father Dr. George Buleya said NCHE is thrilled to be part of the initiative that significantly enhances access to higher education.

“The support from NBS Bank is instrumental in helping us achieve our goal of increasing educational opportunities. We are grateful for this partnership and look forward to future collaborations,” said Buleya.

Representing fellow beneficiaries, Oscar Maganga, who was selected to pursue Bachelor of Science in Mental Health Nursing Degree at Kamuzu University of Health Sciences (KUHeS), expressed profound gratitude saying without this sponsorship, he would not have been able to apply for selection.

He also praised the NCHE for the efficient facilitation of the application process, which made the support possible.

“This partnership between NBS Bank and NCHE represents a powerful example of how collaborative efforts can make a tangible difference in the lives of students, ensuring that financial constraints do not hinder their pursuit of higher education,” said Maganga.

TNM Plc’s Tikolore Promotion Surges with Record Participation

By Burnett Munthali

TNM Plc, Malawi’s pioneering mobile network and ICT services provider, has announced that its 2024 Tikolore Promotion has seen an impressive surge in customer engagement, with participation numbers reaching a remarkable 30 million. Launched in May, this year’s edition of the Tikolore Promotion is designed to reward customers while celebrating TNM’s dedication to delivering world-class digital solutions that empower Malawians and connect Malawi to the global stage.

During the third monthly draw of the Tikolore Promotion, TNM’s Head of Brand and Marketing, Jonazi, revealed the significant milestone. The event marked a key moment in the promotion as the company distributed a range of attractive prizes to its customers, underscoring TNM’s commitment to enhancing customer experiences and community engagement.

Jonazi expressed enthusiasm about the promotion’s progress. “At TNM, we are excited to conduct the third draw of this year’s Tikolore promotion, which attests to our commitment to creating possibilities. We are satisfied with the progress of the promotion as participation continues to grow every day,” he said. This statement reflects the company’s confidence in the campaign’s success and its positive reception among customers.

The Tikolore Promotion, which has become a staple in TNM’s promotional activities, aims to reward loyal customers while highlighting the company’s role in connecting communities. By offering valuable prizes and encouraging widespread participation, TNM reinforces its mission to empower individuals and enhance digital connectivity across Malawi.

As TNM Plc continues to celebrate the success of the Tikolore Promotion, the company remains focused on its goal of expanding digital access and providing exceptional services to its customers. The impressive participation numbers are a testament to TNM’s growing influence and the high level of engagement from the Malawian public.