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Malawi implements new cyber security guidelines for banks

Published 17 Feb 2020 11:30 CET | Malawi

The Reserve Bank of Malawi (RBM) has implemented new guidelines to help banks effectively manage data amid increasing cyber security risks, ITWeb reported. Called the ...

Airtel Malawi raises MWK 28 billion in IPO

Published 17 Feb 2020 09:30 CET | Malawi

Airtel Malawi raised a total of MK 27.92 billion (EUR 35 million) in its initial public offering on the Malawi Stock Exchange. The company said that the IPO, started in ...

Ubuntunet Alliance provides internet connectivity to Malawi Research and Education Network

Published 23 Jan 2020 11:19 CET | Malawi

The Malawian ICT ministry has partnered with UbuntuNet Alliance, the regional research and education network (REN) for eastern and southern Africa, to provide internet ...

MTL to restore critical communications infrastructure destroyed by fire in Lilongwe

Published 21 Jan 2020 11:08 CET | Malawi

Malawi Telecommunications (MTL) plans to restore mobile phone communications after a fire gutted the company's offices in Lilongwe, ITWeb reported. The company's tower ...

UNICEF announces opening of drone academy in Malawi

Published 15 Jan 2020 11:07 CET | Malawi

The UN children's fund (UNICEF) has announced that the first African Drone and Data Academy (ADDA) has opened in Lilongwe, Malawi. ADDA plans to train approximately 150 ...

Airtel Malawi sets IPO price, to raise up to MWK 28 billion

Published 27 Dec 2019 11:46 CET | Malawi

Airtel Africa has set the price for the initial public offering of its Malawian subsidiary on the Malawi Stock Exchange at MWK 12.69 per ordinary share. The offer is expected ...

Airtel Malawi seeks to list on stock exchange

Published 11 Dec 2019 14:10 CET | Malawi

Airtel Africa has announced the intention to undertake an initial public offering of its local unit on the Malawi Stock Exchange. Airtel Malawi intends to apply for admission ...

Airtel Malawi receives directive to fix dropped calls

Published 26 Nov 2019 13:14 CET | Malawi

Malawian ICT minister Mark Botomani has directed mobile network operator Airtel to address the issue of call drops, Nyasatimes reported. Botomani sought clarification over ...

Malawi regulator tightens cyber security

Published 30 Oct 2019 15:54 CET | Malawi

Malawi Communications Regulatory Authority (Macra) said it is sealing cyber security loopholes through the newly established Computer Emergency Response Team (Cert). Cert ...

Malawi reverses decision on mobile money tax

Published 14 Oct 2019 10:53 CET | Malawi

The Malawi government has withdrawn the proposed 1 percent withholding tax on non-bank mobile money transactions, Malawi24 reported. In September, Finance Minister Joseph ...

MACRA imposes MWK 820 mln fine on Airtel Malawi for failing to reach 20% local shareholding

Published 09 Oct 2019 09:38 CET | Malawi

The Malawi Communications Regulatory Authority (Macra) has fined mobile service provider Airtel Malawi MWK 820 million for failing to comply with the Communications Act, ...

TNM protests against proposed 1% mobile money tax

Published 09 Oct 2019 09:13 CET | Malawi

Malawian operator TNM has protested against the proposed 1 percent withholding tax on mobile money transactions, saying it will increase consumers' transaction costs by at ...

Malawi government introduces 1% tax on mobile money transactions

Published 25 Sep 2019 10:06 CET | Malawi

The Malawi government has approved a 1 percent withholding tax on all mobile money transactions, ITWeb reports.  Minister of Finance, Economic Planning and Development Joseph ...

TNM appoints Mphatso to head Mpamba subsidiary

Published 13 Sep 2019 08:55 CET | Malawi

The new manager said Mpamba will remain a key player in TNM's quest to deepen financial inclusion and application of mobile financial technology in the daily business and ...

Malawi Post to launch mobile money wallet

Published 02 Sep 2019 13:58 CET | Malawi

Malawi Post (MPC) plans to launch a mobile money wallet called ZapCash later in the year, reports Nyasatimes. MPC Post Master General Henry Shamu said preparations have ...

MACRA develops regulatory framework for ICT devices

Published 21 Aug 2019 12:35 CET | Malawi

Malawi Communications Regulatory Authority (MACRA) is drafting a regulatory framework to ensure that ICT devices comply with appropriate standards, reports Nyasatimes.  ...

TNM confirms 137 job cuts as part of restructuring efforts

Published 08 Aug 2019 12:00 CET | Malawi

Malawian operator TNM has confirmed it will lay off 137 workers out of 713 employees as part of a restructuring process, Nyasatimes reported. The company said it will ...

TNM Mpamba partners Standard Bank for money transfers, agent deposits

Published 25 Jul 2019 13:24 CET | Malawi

Malawian operator TNM's mobile money service Mpamba has entered a partnership with Standard Bank to enable their customers to transfer money from any Standard Bank account to ...

Multichoice Malawi partners with FDH Bank on payments

Published 25 Jul 2019 12:55 CET | Malawi

Multichoice Malawi has partnered with FDH Bank so subscribers of DStv and GOtv accounts can pay their fees through the bank's platforms. Customers will be able to pay ...

FCB Malawi launches mobile banking app

Published 25 Jul 2019 12:48 CET | Malawi

Malawi's First Capital Bank has introduced a mobile application to facilitate transactions with customers. Head of Transactional Banking and Marketing, Ewen Hiwa said the app ...

MACRA ties up with tax authority to monitor telecom equipment imports

Published 24 Jul 2019 11:12 CET | Malawi

The Malawi Communications Regulatory Authority (MACRA) has signed a memorandum of understanding with the Malawi Revenue Authority (MRA) to monitor telecommunication equipment ...

TNM says not affected by US-Huawei row

Published 11 Jul 2019 17:12 CET | Malawi

In 2014, TNM entered into a USD 20 million deferred payment facility with Huawei for equipment purchased under its projects, according to its 2018 Annual Report. TNM ...

TNM net profit rises 27% to MWK 16.6 bln in 2018

Published 08 Jul 2019 14:45 CET | Malawi

Malawian operator TNM said its net profit increased by 27 percent year-on-year to MWK 16.6 billion in 2018, buoyed by strong growth in revenues, cost control and a stable ...

Virtual Doctors pilot telemedicine with TNM in Malawi

Published 03 Jul 2019 12:41 CET | Malawi

UK organisation The Virtual Doctors (VDrs) have partnered with Malawian operator TNM for a telemedicine project in Lilongwe to help people in rural areas to access specialist ...

TNM signs deal to allow Mukuru vouchers redemption at Mpamba agents

Published 14 Jun 2019 14:18 CET | Malawi

Malawian operator TNM has signed an agreement with Mukuru to enable beneficiaries of international remittances to redeem their vouchers at any TNM Mpamba agent. Head of TNM ...