National Bank of Malawi (NBM) gives K20 million towards floods victims

BLANTYRE (Maravipost)–National Bank of Malawi (NBM) on Thursday donated K20 million to flood victims through the Public Private Dialogue Forum, which is coordinating relief efforts through the Malawi confederation of Chambers of Commerce and Industry (MCCCI).

Receiving the cheque on behalf of the Forum, MCCCI Chief Executive Officer Chancellor Kaferapanjira thanked NBM for the donation promising that it will be used for the intended purposes.

“We encourage members of the private sector to help the flood victims by donating whatever they can. Some are donating directly to government through the Office of the Vice President but there are some companies who are not allowed to donate directly to government, those are donating through the Forum.”

“We brief the Vice President on the donations that we have received and we are going to identify a reputable NGO which will administer these funds to make sure that we alleviate the suffering of our brothers and sisters who have been affected by the floods,” said Kaferapanjira.

NBM Chief Executive Officer George Partrige hailed the forum for giving them an opportunity to make the donation.

“We are very grateful that you gave us a way out because our policy does not allow us to donate directly to government.

“The board indeed approved the donation so that we should help our brothers and sisters who have been affected by the floods,” said Partrige before making a symbolic presentation of the cheque to Kaferapanjira.

Malawi is reeling from effects of floods which have killed at least 200 people and displaced thousands in 15 districts nationwide.

The donation will likely cushion about K5 billion that the government needs to cater for the flood situation.