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LILONGWE-(MaraviPost)-Member of Parliament (MP) for Blantyre City South, Noel Lipipa, says MK3.3 trillion target for Malawi Revenue Authority (MRA) to finance the 2024-2025 National Budget is very unrealistic.
Making the contribution to the budget in the august house on Tuesday, March 19, 2024, Lipipa observes that business climatic condition will not allow MRA to correct enough revenue.
He said the country has no forex the situation hindering the private sector for production that generates enough forex to finance national budget.
He adds, “There is a significant disparity between the State of the Nation Address delivered by President Chakwera and the National Budget for 2024-25 as it indicates lack of correlation between the two”.
Furthermore, Lipipa expressed dismay over the neglect of road infrastructure leading to tourist attractions, highlighting their deteriorating condition.
On mining sector, Lipipa said that there is need for allocation of funds in the mining sector towards energy and roads serving mining areas, none of which are addressed in the budget.
“The budget is populist and filled with rhetoric including unrealistic numbers that they are unlikely to be achieved,” said Lipipa.
Echoing the same, Member of Parliament for Chiradzulu South, Joseph Mwanamveka said instability of the exchange rate is affecting the roads construction.
Mwanamveka said the rate moved from 7 percent in 2020 to 35 percent in 2023 and government is failing to meet the figures of the constructors as everything has hiked.
He cited that the economic planning development has failed malawians as the country relay on road transport to move our goods.
“M1,M5 is in a bad shape and more roads will not be completed by 2025 as the MCP government are just continuing the roads that the DPP government developed already,” said Mwanamveka.
The 2024-2025 Fiscal Plan is pegged at MK5.95 trillion.
LAGOS, Nigeria, 20 March 2024/African Media Agency/-The Africa Fintech Summit (AFTS) releases its insightful “Nigeria Fintech Marketing Outlook 2024” report, shedding light on the current state and future direction of marketing strategies within the nation’s booming fintech industry.
Since 2017, the Africa Fintech Summit has led trade missions, bilateral partnerships, ecosystem tours, investment initiatives, and launches with startups, multinational corporations, and governments alike.
This first-of-its-kind report, co-authored by Charles Anijekwu and Jeremiah Ajayi, equips Nigerian fintechs with the data-driven strategies they need to acquire new customers, retain existing ones, and achieve long-term growth.
Key findings include:
Paid advertising reigns supreme: The report reveals that paid advertising was the dominant channel for customer acquisition across key Nigerian fintech verticals in 2023.
High acquisition costs: Sectors like Merchant Payments, Point-of-Sale (POS), Investment & Wealth Management, and Digital Lending witnessed substantial customer acquisition costs in 2023.
Focus on efficiency: Fintech companies are prioritizing efficient marketing strategies. A noteworthy 50% of marketing budgets are allocated to the most effective channels for each specific vertical.
Generative AI adoption on the rise: As the industry seeks new avenues for engagement, 29% of surveyed fintech companies have already adopted Generative AI for content creation, showcasing a willingness to explore innovative marketing tools.
Increased reliance on owned media: The report predicts that organic channels, like social media and search engines, will become increasingly important for fintech marketing in 2024 and the coming years. This is one of 16 forecasts included in the report.
The report contextualizes these findings within the broader Nigerian fintech landscape. It acknowledges the “bull run” of 2020-2022, where abundant capital fueled aggressive customer acquisition strategies like celebrity endorsements and reality TV sponsorships. However, the funding winter of 2023 forced a shift towards leaner operations and tighter marketing budgets.
Explaining the motivation behind the report, Charles Anijekwu, co-author, states, “We wanted to understand the fintech marketing landscape better and identify the true drivers of growth.” Co-author Jeremiah Ajayi adds, “There was a data gap on marketing trends within fintech, especially in key areas. We aimed to bridge this gap with the report and foster a data-driven culture within the industry.”
Charles Isidi, Head of Marketing and Communications at Africa Fintech Summit, emphasizes the report’s broader relevance. “Nigeria, Africa’s leading fintech hub, is a valuable case study for the continent,” he states. Home to giants like Flutterwave and Paystack, Nigeria boasts a thriving ecosystem that informs pan-African strategies.
AFTS’ “Nigeria Fintech Marketing Outlook 2024” encourages exploration, critical thinking, and opportunity identification. As Isidi concludes, “Unlocking Africa’s fintech potential hinges on building the right products and selling them the right way.” This report empowers businesses to achieve just that.
Download your free copy today and unlock the data-driven strategies needed to navigate the exciting opportunities that lie ahead!
AFTS 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 (most recently Lagos, Addis Ababa and Cairo). The summit is held in a hybrid format, with in-person attendees in a selected venue and global 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.
ABIDJAN, Côte d’Ivoire, 20 March 2024-/African Media Agency (AMA)/- During Yale’s spring break, President Peter Salovey is traveling in Africa, his third visit to the continent as the university’s leader, reinforcing Yale’s commitment to global collaboration and extending the university’s outreach to foster educational partnerships.
President Salovey (center) pictured with Koffi N’Guessan, Minister of Technical Education, Skills Training, & Apprenticeship (right), and Thierry Tanoh, Former Minister of Petroleum, Energy, and Renewable Energy (left)
The trip, which includes visits to Côte d’Ivoire and Rwanda, marks a broadening of this outreach to cultivate new and ongoing collaborations with Francophone African countries, with a focus on issues of global importance. Among these are environmental conservation, economic growth, and access to higher education.
“I was thrilled to visit Rwanda and Côte d’Ivoire this week to mark a decade of Yale’s increased engagement across Africa,” Salovey said. “My goal is to expand our outreach for new and ongoing collaborations, and as this was my first time visiting a Francophone African country, my travels underscore the importance of engaging broadly in the continent.
“The discussions I had on this trip with institutional partners and alumni are helping us to explore how Yale might continue to build networks and establish educational and research initiatives with colleagues across Africa to address global challenges.”
Strengthening educational and cultural ties in Côte d’Ivoire
Salovey arrived Friday in the Côte d’Ivoire capital of Abidjan, where he met with government ministers and officials from the African Development Bank, underscoring the trip’s focus on fostering educational collaborations and economic development initiatives. A reception followed, providing an opportunity for networking and strengthening the bond between Yale and its Ivorian counterparts and alumni.
Salovey attended a roundtable discussion with students from the International Community School of Abidjan, hosted by the U.S. embassy. During his conversations with students, the Yale president answered questions, shared insights into Yale’s educational philosophy, and encouraged them to be lifelong learners.
The visit also included a meeting with local university presidents which focused on enhancing educational exchanges and partnerships between Ivorian institutions and Yale.
President Salovey pictured with Junaid Munir, Deputy Chief of Mission, US Embassy in Côte d’Ivoire, and students from the International Community School of Abidjan
Engaging in environmental and educational collaboration in Rwanda
Earlier in the trip, Salovey visited Rwanda to meet with those involved in Yale’s environmental and educational initiatives there. During a poignant visit to the Kigali Genocide Memorial, Salovey paid homage to the victims of the Rwandan genocide. This visit underscored the importance of remembrance of the past to inform efforts to prevent future conflicts, he said, highlighting Yale’s commitment to the study and promotion of human rights.
That same day, Salovey addressed environmental research during meetings with Jeanne d’Arc Mujawamariya, Rwanda’s minister of environment, and other Rwandan environmental leaders. He explored avenues for collaboration between Yale and Rwanda on sustainability and conservation projects, emphasizing the role of academic institutions in tackling global environmental challenges.
The Yale delegation was joined by representatives from the Yale School of the Environment (YSE), for a trip to Volcanoes National Park, located in northwestern Rwanda, to observe the country’s conservation efforts firsthand, reinforcing Yale’s commitment to biodiversity conservation.
YSE, which offers Yale master’s and Ph.D. students the opportunity to travel to Rwanda to study conservation of wildlife and wildlands, has learned from several highly successful Rwandan government and public-private initiatives.
“This year for the first time, through a partnership between YSE, the University of Rwanda, and the Smithsonian Institution, we will be able to bring an equal number of Rwandan master’s or Ph.D. students to join a major portion of the study tour, experiencing the outstanding biodiversity of the parks, their management, and their relationship to communities at their borders,” said Amy Vedder, a lecturer at Yale School of the Environment who participated in the president’s visit. “We look forward to the networking and joint learning that will ensue, knowing that such an experience can contribute significantly to leadership development here in Rwanda as well as with our globally recruited students.”
Subsequently, Salovey observed the work of a women’s cooperative group to learn more about their vital role in rural adaptation to climate change, showcasing the university’s engagement with partners to support community-driven environmental initiatives.
In Rwanda, Salovey also delivered welcoming remarks that described Yale’s contribution to transforming research into policy in Africa at a policy dialogue titled, “Collaboration through Research: Pathways to Evidence-based Policy in Rwanda.”
The event brought together researchers from Yale’s Economic Growth Center (EGC), Yale Inclusion Economics, and the International Growth Centre, and featured presentations by Yale professors Lauren Falcao Bergquist, from the Yale Jackson School of Global Affairs and Yale’s Faculty of Arts and Sciences, and Kevin Donovan, from the Yale School of Management. Falcao Bergquist and Donovan, who are both economics faculty members and EGC affiliates, spoke about their research on industrial policies to boost exports and rural infrastructure investments to mitigate climate change effects.
Participants in a policy dialog in Kigali, Rwanda, March 11 titled, “Collaboration through Research: Pathways to Evidence-based Policy in Rwanda”
Underlining the importance of research-policy partnerships in Rwanda and the mutual benefits of academic collaboration, the event was chaired by Rwanda Minister of Commerce and Industry Jean-Chrysostome Ngabitsinze. The event also provided a chance for participants to engage with Rwandan counterparts and organizations, such as Bridges to Prosperity, which helps build bridges to better lives in rural communities, to discuss research and pathways to impact in Rwanda to address economic and environmental challenges. Learn more about the policy dialogue by visiting the EGC website.
The visit also included a meeting with Eric Kneedler, the U.S. ambassador to Rwanda, which included an overview of the country and a discussion on the importance of increased collaboration between U.S. and African institutions.
Fostering global partnerships for a sustainable future
The visit to Côte d’Ivoire and Rwanda exemplifies Yale’s dedication to strengthening global partnerships in education, environmental conservation, and economic development, Salovey said. In addition to underscoring the university’s commitment to addressing global challenges, the trip also highlighted the potential for academic institutions to contribute significantly to international diplomacy and collaboration.
In his inaugural remarks as Yale’s president in 2013, Salovey launched an initiative to strengthen ties between Yale and Africa by fostering new directions in research on Africa, and identifying new partnerships and deepening existing ones, all while transforming the educational experiences and career opportunities of students at Yale and in Africa. Throughout his tenure as president, Yale has continued to leverage the power of partnerships and global networks across the continent to create new knowledge in science, public health, business, and other disciplines — and to improve lives around the globe.
As Yale continues to build and strengthen these partnerships, Salovey said the impacts of these collaborations across the African continent are expected to resonate far beyond the immediate participants, to foster a more interconnected and mutually supportive global academic community.
BLANTYRE-(MaraviPost)-The Competition and Fair Trading Commission (CFTC) is urging the general public not to buy or consume water from five batches of Cool Drop Bottled Natural Mineral water manufactured by Zamm Investments which contains some visible foreign objects.
In a press statement issued on Tuesday, March 19, 2024 and signed by its Executive Director Lloyds Vincent Nkhoma, “The warning goes to traders and the general public is because it has received communication that batch numbers; BTH277, BTH016, BTH253, BTH018 and BTH291 of Cool Drop Bottled Natural Mineral water manufactured by Zamm Investments do not meet the stipulated Malawi Standards”.
Nkhoma adds, “The communication which the Commission received indicates that sealed bottles of water from the affected batch numbers have visible foreign sediments inside the sealed water bottles which contravenes Malawi Bureau of Standards act and the applicable Malawi mandatory standard MS 560:2004”.
It is reported that MBS found that the delay in changing of filters and membranes by the producer resulted in the contamination of the bottled water resulting in the presence of visible foreign objects in the aforementioned batches.
“This finding is also in violation of Section 43(1)(e) the Competition and Fair Trading Act (CFTA) which provides as follows: A person shall not, in relation to a consumer supply any product which is likely to cause injury to health or physical harm to consumers, when properly used, or which does not comply with a consumer safety standard which has been prescribed under any written law.
“In view of the above, CFTC would like to inform traders not to sell the subject batches of the product, if they have them in stock. CFTC is also advising consumers to take necessary precaution not to purchase or consume the said batches of the product,” reads part of the statement.
CFTC further advises , “Consumers must return any such products to their suppliers, and get a full refund if they already purchased the same and has also encouraged consumers who may have purchased the subject product, and have proof of purchase, to report to the commission through its toll free line, 2489 and WhatsApp line, +265 987738749”.
This is the second time Zamm Investments’ Bottled water has been found with foreign objects.
JOHANNESBURG, 19 MARCH 2024: SADC tourism operators need to urgently embrace digital transformation if the region wants to remain competitive, according to a new skills audit report from the SADC Business Council. The widespread adoption of digital technologies and online platforms has become integral to tourism operations worldwide. However, many SADC tourism enterprises still lack the capabilities to take full advantage.
The SADC skills audit reveals noticeable gaps in digital literacy, customer service, communication and management skills. In particular smaller businesses are struggling, with many lacking basic digital skills. This threatens the growth potential and sustainability of enterprises in the tourism and hospitality space.
“Tourism globally is undergoing a digital revolution, yet many of our SADC enterprises risk getting left behind,” says Tshifhiwa Tshivhengwa, interim chairperson for the Manager for the SADC Business Council. “We need concerted efforts, from both public and private sectors, to rapidly upskill employees if SADC hopes to remain competitive.”
Besides basic digital skills, the report calls for increasing work-integrated learning opportunities, developing niche skills credentials, subsidizing training access for SMEs, cultivating industry-academia partnerships, and investing in upskilling trainers. These actions aim to bridge the existing skills gap and prepare the workforce for the digital age.
The SADC Business Council is committed to driving these changes, working collaboratively with governments, training institutions, and industry leaders. This initiative is not just about enhancing skills but also about unlocking the full potential of tourism in the SADC region, contributing significantly to economic growth and job creation.
“We stand at a pivotal moment,” added Tshivhengwa. “By equipping our workforce with the right digital skills, we can transform challenges into opportunities, ensuring a prosperous future for tourism in the SADC region.”
The results also show that small to medium-sized enterprises, forming the backbone of the region’s tourism, are most in need of management and digital skills. Larger enterprises also face challenges in filling managerial roles, indicating a widespread issue across the sector.
About the SADC Business Council Tourism Alliance
The SADC Business Council Tourism Alliance is a non-profit, membership-based association dedicated to the responsible development of travel and tourism within the Southern African Development Community (SADC) region. We unite private and public sector tourism stakeholders to drive sustainable economic growth, responsible tourism practices, and regional collaboration. Through advocacy, capacity building, investment promotion, and collaborative marketing initiatives, we work to solidify the SADC region’s position as a world-class tourism destination, fostering benefits for all member states. For more information, visit www.sadctourismalliance.org.
For more information, contact Natalia Rosa (natalia.rosa@thenbf.co.za or +27 83 449 4334).
BLANTYRE-(MaraviPost)-Mthunzi Funeral Services Company, a subsidiary of Old Mutual (Malawi) Limited, has stepped up efforts to ease the burden Malawians living in South Africa face during bereavement.
The company’s General Manager, Onismas Karadzai led Mthunzi’s delegation at the Malawi Consulate General where among others met with representatives of the Malawi communities in South Africa.
According to Karadzai, Mthunzi Funeral Services Company is coming in to address the challenges that Malawians in diaspora, normally face when repatriating their loved ones’ remains.
“We have initiated discussions with the Malawi Consulate General and representatives of Malawian communities in South Africa. We are introducing Mthunzi Funeral Services’ operations and explore collaborative initiatives with the Consulate and potential partners.
“Additionally, we are also marketing Mthunzi’s services to South African-based Malawians and gain insights into their funeral needs,” he said.
Karadzai said Mthunzi Funeral Services Company, is commitment to offering comprehensive services, including repatriation and other funeral expenses, to Malawians in South Africa, regardless of whether they are on insurance coverage or a cash basis.
In his remarks, Consul General for Malawi in South Africa Max Biwi, commended Mthunzi Funeral Services for the initiative, noting the significant number of Malawian deaths in South Africa of about 80 each month and the consulate’s role in repatriating bodies.
“We are pledging our support on raising awareness of Mthunzi’s services to all Malawians living in South Africa,” he said.
In closing, Malawi’s High Commissioner in South Africa, Her Excellency Stella Ndau, praised Old Mutual for their planned assistance, affirming readiness to collaborate with any corporate entity supporting government’s sustainable and economic goals
LAGOS, Nigeria, 19 March 2024-/African Media Agency (AMA)/-The Nigerian Women in Public Relations has unveiled its Keynote Speaker and a stellar lineup of partners and sponsors for its much-anticipated annual Experiencing PR Conference, set to take place on Wednesday, March 20th, 2024, at the Civic Centre in Lagos.
The Keynote Speaker, Ndidi Nwuneli, is an expert in food ecosystems, entrepreneurship, social innovation, and youth development, and boasts over 25 years of international development experience. She is the founder of LEAP Africa and African Food Changemakers, and co-founder of Sahel Consulting Agriculture & Nutrition Ltd. and AACE Foods Processing & Distribution Ltd.
The 2024 Experiencing PR Conference proudly boasts a lineup of esteemed corporate partners, sponsors, and media partners, including:
Corporate Partners: Wema Bank, British Council, Unilever, LASAA, Sifax Group, Stanbic IBTC, House of Oni, First Bank, The Coca-Cola Company, International Breweries Plc, 9 mobile, Reel Fruit
Mobility Partners: Shuttlers, Bolt
Agency Partners: Mosron Communications, Satira Media & PR, The YD Company, Robert Taylor Media, NOVVA Media & Communications, P+ Measurement Services
Media Partners: Brand Communicators Magazine, African Media Agency, News Central TV, Unspoken by Writing-Gale, Max FM, Television Continental (TVC), The Nations Newspaper.
The Experiencing PR Annual Conference, now in its third edition, promises to be a groundbreaking event aimed at reshaping the perception of Public relations in developing economies. With the theme “Quiet Wars: Leveraging Public Relations for Conflict Management,” the conference will offer invaluable insights and strategies for leaders in the public and private sectors to navigate demands of office while managing different stakeholders to avert crises.
Welcoming both men and women, this hybrid business summit, orchestrated by Nigerian Women in Public Relations, promises to unite a diverse spectrum of attendees, ranging from public officials to senior corporate executives and seasoned Public relations professionals.
Together, they will delve into innovative strategies and industry best practices, fostering a dynamic environment ripe for collaboration, idea exchange, and skill enhancement through panel discussions, focused breakout sessions, and networking interactions. Beyond its role as a knowledge-sharing platform, the conference is primed to serve as a launchpad for Nigerian women in Public Relations globally, providing them with a stage to showcase their expertise and propel the industry forward.
Reflecting on their decision to support the Experiencing PR Conference, representatives from corporate partners shared their insights:
Olumuyiwa Akande, Group Head, Corporate Communications, SIFAX Group: “Celebrating inclusion and diversity is a key policy focus for us at SIFAX Group. We promote causes that serve as a springboard for women’s voices to be heard and their contributions to be acknowledged. We believe investment in women will always yield huge dividends for the nation. “We are partnering with the Nigerian Women in Public Relations on this project because we believe the conference is a laudable initiative that will not only advance the frontiers of professionalism among practitioners but also improve the capacity of the womenfolk to contribute substantially to national development.”
Nwamaka Onyemelukwe, Senior Director, Public Affairs, Communications and Sustainability, Coca-Cola said “At Coca-Cola Nigeria, we are committed to supporting initiatives that empower women and female leadership development. We are proud to partner with Nigerian Women in Public Relations for the 2024 Experiencing PR Conference to empower the next generation of female PR leaders. This conference directly aligns with our values by fostering a valuable platform for Nigerian women in communication to learn, collaborate, and shape the future of the PR industry.”
Mabel Adeteye, Wema Bank’s Head, Brands and Marketing Communications, said “Empowering lives is our mission and supporting women is at the core of our identity. The objectives of the Experiencing PR Conference succinctly merge these two fundamental aspects of our impact—empowerment and women, allowing us to actively contribute to the sustainable growth and success of women; This is why we have partnered with Nigerian Women in PR on this initiative. As a bank, we will continue to create more opportunities for women, champion their growth and collaborate towards their success”.
The partnership between Nigerian Women in Public Relations and its varying sponsors and partners reflects a shared commitment to empowering women, fostering professional growth, and driving positive change in the Public relations industry. As the 2024 Experiencing PR Conference approaches, anticipation mounts for an event that promises to inspire, educate, and elevate all participants.
Nigerian Women in PR, established in 2019, is a social impact professional organisation set up to advocate for, and provide growth resources to, Nigerian women working as public relations and communications professionals across the world. Through our programs, initiatives and strategic partnerships, we provide a resource hub for learning and professional growth of our members; promote the continuous relevance of members as the Public Relations and Communications profession evolves; platform the RESULTS of Nigerian Women practising in the profession; and promote the understanding and value of the public relations profession.
About Experiencing PR Conference:
The Experiencing PR Annual Conference stands as a pivotal project, aligning with the objective—to promote the understanding and value of public relations. This business conference is open for men and women and expected delegates include public office holders, senior business executives and public relations professionals.
For media inquiries, partnership and sponsorship information, please contact:
Moove launches ‘Moove Cares’ program in Nigeria, aimed at providing assistance to all active customers, with a N150,000 support package.
Amidst the escalating Cost of living Crisis in Nigeria, Moove is supporting its thousands of customers in Nigeria with fuel subsidies and care packages.
Considering the cost of living crisis across many of its markets, Moove commits to rolling out similar initiatives globally to support impacted customers
LAGOS, Nigeria, 17 March 2024 -/African Media Agency (AMA)/- Moove, the world’s first mobility fintech platform, today announced the launch of its ‘Moove Cares’ program, introducing a substantial support package aimed at mitigating the adverse effects of ongoing inflationary prices in Nigeria. Recognising the challenges posed by rising fuel prices for its customers managing their businesses and the additional burden of inflationary food prices on household budgets, Moove is providing support both at work and at home. This program includes fuel subsidies to assist with business operations and a comprehensive care package to support households during these difficult times.
This program underscores Moove’s dedication to ensuring its positive impact in the lives of its customers, especially against the backdrop of Nigeria’s challenging and chronic economic landscape. Considering the cost of living crisis across many of its markets, as part of its unwavering commitment to customer welfare, the company is rolling out similar initiatives globally to support impacted customers.
Nigeria, Africa’s largest economy, is grappling with an acute cost of living crisis and food prices, exacerbated by a confluence of factors including severe inflation, currency fluctuations, and logistical disruptions. This crisis has pushed essential food items beyond the reach of many, with the Nigeria Bureau of Statistics reporting a staggering 35.41% food inflation rate in January 2024 alone.
In the wake of the removal of the fuel subsidy in May, fuel prices in Nigeria have soared to an all-time high, reaching N610 per litre, marking a significant increase from the previously subsidised price of N264 per litre in March 2023. This sharp increase of fuel costs by 131% has had a ripple effect across various sectors, notably leading to increased transportation fares and a substantial hike in the prices of food and other essential goods.
Recognising the urgency of the situation, Moove has committed to distributing free-of-charge ‘Moove Cares’ packages worth over N150,000 to each of its customers. Starting next week, the program aims to mitigate the impact of high fuel prices and escalating food prices, particularly during the critical periods of Easter and Ramadan celebrations.
‘Moove Cares’ is a testament to Moove’s proactive approach towards corporate social responsibility and customer focused support in these challenging times for the country.
Taiwo Ajibola, Moove’s Regional Managing Director for Nigeria, elaborated on the program objectives, “As a listening organisation, we understand from our customers’ feedback the pressing need for support amidst the ongoing cost of living crisis affecting both fuel and food prices. Our Moove Cares program is our small way of providing some much needed support to our customers amidst this extremely challenging economic environment.”
Since its inception in 2020, Moove has been at the forefront of democratising access to financial services for mobility entrepreneurs. With a presence in 9 markets globally, Moove’s innovative platform has facilitated over 30 million trips, significantly impacting the lives of 80,000 of its customers and their dependents.
As Nigeria navigates through these turbulent economic times, the ‘Moove Cares’ campaign stands as a vital lifeline for Moove’s customers, further solidifying the Company’s position as a socially responsible leader in the mobility fintech sector. Through this comprehensive support package, Moove reaffirms its dedication to fostering a resilient and thriving community, capable of overcoming the current economic challenges.
About Moove Moove is a global mobility fintech that is democratising access to financial services for mobility entrepreneurs. It does this by embedding its alternative credit scoring technology onto ride-hailing platforms, using proprietary performance and revenue analytics to underwrite customers that have previously been excluded from financial services. Moove operates in 9 markets across Africa, Middle East, Europe and Asia. Its customers have completed more than 30 million trips in Moove-financed vehicles to date.
BLANTYRE-(MaraviPost)-In a significant move aimed at promoting the use of digital banking among university students, NBS Bank Plc has unveiled the ‘Afana Oyaza’ campaign which targets university students across Malawi, encouraging them to utilize the bank’s digital services for their financial transactions, particularly for paying their tuition fees.
The campaign is open to students enrolled at the University of Malawi (UNIMA), Mzuzu University (MZUNI), Lilongwe University of Agriculture and Natural Resources (LUANAR), and Malawi College of Health Sciences (MCHS).
Participants who pay their fees using the bank’s Eazy Bank digital platforms are entered into a competition to win various awards, with the grand prize being a full year’s tuition covered by NBS Bank.
NBS Bank Chief Retail Officer Victoria Chanza, highlighted the bank’s commitment to enhancing educational access through digital banking solutions emphasizing on the convenience of paying fees via smartphones, the Eazy Wallet mobile wallet, and the Bank Pafupi agency banking platforms.
“As the ‘Caring Bank,’ we are devoted to the advancement of education. This campaign is part of our efforts to ensure students have seamless access to education through our digital channels,” said Chanza.
She said the promotion is not only about easing the fee payment process but also includes exciting prizes like laptops, smartphones, and NBS Bank-branded merchandise, such as t-shirts, pens, and wristbands.
“The ‘Afana Oyaza’ campaign represents a forward-thinking approach to integrating digital banking services within the educational sector, offering tangible benefits to students while fostering a digital-first mindset,” said Chanza.
Endorsing the initiative, Steve Omar, Entertainment Director at Mzuzu University, described ‘Afana Oyaza’ as a beneficial and welcome development for the student community.
“This campaign offers significant support to university students, and we hope for NBS Bank Plc’s continued involvement each semester to make a meaningful difference in students’ lives,” said Omar.
BLANTYRE-(MaraviPost)-In a bid to contribute to mentoring University students with real industry knowledge, one of the country’s leading financial services providers, Old Mutual (Malawi) Limited on Friday, March 15, hosted over 70 students from the University of Malawi pursuing various ICT-related programs.
Among others, apart from getting exposure to the modern ICT infrastructure, the students were also taken through Old Mutual business operations, products, and services.
Speaking in an interview, Old Mutual Group Marketing and Corporate Affairs Executive, Patience Chatsika, applauded the students for sparing time to appreciate the industry demands and have a hands-on feel of what the modern ICT world demands.
“As a responsible business, we are always committed to helping in nurturing, providing exposure and experience to students and fresh graduates. You may wish to know, within our business.
“We have interns from various institutions of higher learning, and additionally, we have a long-standing relationship with the University of Malawi’s Actuarial Science Department where we are providing internship opportunities” she said.
Speaking on behalf of the visiting students, Rejoice Banda, a fourth-year Computer Engineering student, expressed gratitude for the eye-opening experience saying the visit has provided invaluable experience and knowledge.
The visit was organized to provide students with practical insights into the ICT industry and financial sector.
The students had an opportunity to enjoy a free financial education session, ICT related exposure and Old Mutual products and services.
The event concluded with an interactive session where students participated in a question-and-answer session, with branded items awarded to winners as tokens of appreciation.
Old Mutual went for a career talk to ICT Students at the University on October 12, 2023 where the Head of ICT Gerald Chungu led the team of Old Mutual Malawi ICT professionals in the interactions.
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