Chibisa House

19 Glyn Jones Road

PO Box 501

Blantyre, Malawi

+265-1-831 902

csnico@nicomw.com

NICO SPONSORS K10,000,000 TO ICAM TOWARDS ITS UPCOMING ANNUAL LAKE CONFERENCE

On Friday 24th August 2018, NICO Group Companies sponsored K10,000,000 towards the upcoming Institute of Accountants in Malawi (ICAM) conference scheduled to take place on 20 – 22 September 2018 in Mangochi. Speaking during the cheque presentation, the Group Company Secretary, Mrs Emily Makuta, said NICO Group has made this donation to ICAM with the realization that NICO recruits several accountants within the Group but also because ICAM is one of the professional bodies in the country working to uphold the ethical and professional standard of accounting in the country therefore promoting the economy of Malawi.

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NICO Holdings powers ACB meet

NICO Holdings Limited has donated K4.5 Million to the Anti-Corruption Bureau (ACB) towards the seventh annual general meeting and conference for Commonwealth Heads of Anti-Corruption Agencies which starts today up until June 2 at Sunbird Nkopola in Mangochi.NICO Holdings Limited has donated K4.5 Million to the Anti-Corruption Bureau (ACB) towards the seventh annual general meeting and conference for Commonwealth Heads of Anti-Corruption Agencies which starts today up until June 2 at Sunbird Nkopola in Mangochi. 

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Gain as MSE trades 4.4m shares

A seven tambala and a one tambala share price gain in NICO Holdings PLC and TNM, respectively,  were enough to push slightly up the Malawi All Share Index (MASI) by four points to close the week at 15 620.11 points from 15 606.11, a market report has shown.A seven tambala and a one tambala share price gain in NICO Holdings PLC and TNM, respectively, last week were enough to push slightly up the Malawi All Share Index (MASI) by four points to close the week at 15 620.11 points from 15 606.11, a market report has shown. 

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NICO, Sanlam upbeat

NICO holdings and its partner, Sanlam Emerging Markets (SEM), a subsidiary of the Sanlam Group, says their partnership will continue to be strengthened so as to deliver mutually beneficial financial results for both entities.

SEM holds a 49 percent stake in NICO Life Insurance Malawi in a partnership which dates back to 2011. In June 2014, SEM also concluded the acquisition of a stake in NICO General Insurance operations in Malawi, Zambia, Uganda and Tanzania.

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