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National Bank of Malawi (NBM) plc has rolled out an insurance premium financing facility where the bank will pay annual insurance premiums on behalf of its customers thereby freeing up their cash flow in the process.
By Macdonald ChapalapataDual-listed conglomerate Press Corporation plc has confirmed that it has acquired a 10% stake in Sunbird Tourism plc, extending its investment interests into the tourism sector. PCL Group Chief Executive Officer George Partridge confirmed of the acquisition of the stake in an interview yesterday. "Yes it is true that we have acquired a 10% shareholding in Sunbird Tourism plc.
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