CORPORATE SOCIAL RESPONSIBILITY
The NICO Group continues to play an important role in the growth and development of the nation through its corporate social responsibility drive. NICO Group has sponsored activities in health, sports, education and other sectors of national importance in all its operating countries. In 2020, the Group participated in business industry initiatives in the fight against the COVID-19 pandemic. Overall, it is the Group’s intention to remain a responsible corporate citizen.
NICO Asset Managers sponsors Chessam Schools League
NICO Asset Managers have sponsored the Chess Association of Malawi’s (Chessam) National Schools Chess League with K8,898,000. The sponsorship has been made to show students and their patrons the importance of planning ahead from a young age. NICO Asset Managers Chief Investments Officer, Daniel Dunga, said it is also a way to make sure students are financially literate from a young age. “Apart...
NICO supports Cyclone Freddy response with MK200m
NICO Group has committed K200 million to assist victims of Cyclone Freddy, which has had devastating effects in the Southern Region of the country. As of 15th March 2023, over 200 deaths had been reported with over 4,000 households being displaced. The NICO Group of companies, which includes NBS Bank and Eris Properties, believes the donation is within its values of being a responsible and...