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NBM plc appoints Bernard Masi as Head of Corporate Banking Division

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By Linda Kwanjana

National Bank of Malawi(NBM) plc has appointed Bernard Masi as Head of its Corporate Banking Division, effective April 20, 2026.

In a statement, the bank said Masi brings more than 26 years of experience in banking and finance and has played a key role in the growth of the institution over the years.
Before the appointment, Masi served as General Manager of NBM Development Bank Ltd for five years, where he was instrumental in establishing and leading the institution.

During his tenure, NBM Development Bank was recognised as the Best Export Finance Institution in Malawi in 2023 and received the Industrial Catalyst Award in 2025.

Masi



Masi has also previously held roles within the Bank’s Corporate Banking Division and the Project Finance and Public Sector Unit, and has contributed to several strategic initiatives.

Announcing the appointment, NBM plc Chief Executive Officer, Harold Jiya said the bank was confident that Masi would continue driving growth in the division.

“We are pleased to appoint Bernard Masi as Head of Corporate Banking Division. His extensive experience, proven leadership and deep understanding of the banking sector make him the right person to lead this important division,” said Jiya.

“Mr Masi has demonstrated exceptional capability during his time at NBM Development Bank and we are confident that he will continue to strengthen our corporate banking business and deliver value to our customers and stakeholders.” He added.

Masi holds a Master’s degree in Business Administration(MBA) with merit from University of East Anglia(UK) and is a Fellow of the Association of Chartered Certified Accountants(UK) among other professional qualifications.

Masi said in an interview yesterday that that he is humbled with the appointment and will do his best to serve to the best of his ability.

“I thank the Bank for offering me this opportunity to serve in this capacity and I will do my best to serve in this position with passion and team work” said Masi.

He succeeds William Chatsala, who will retire in September 2026 after years of service to the bank.

The Board and Management of National Bank of Malawi plc also paid tribute to Chatsala for his contribution to the bank.

“We would like to sincerely thank Mr Chatsala for his exemplary leadership and dedication to the Corporate Banking Division. His contribution to the growth of the division and the bank as a whole has been outstanding,” said Jiya.

PRINCE KAPONDAMGAGA NDI MPHANDUWE ULE AKUFUNA KUJATCHOGOLERA  MALAWI CONGRESS PARTY–MCP TOWERA CHIJAKWATE–PONTHO BOMA MWAKA WA 2030.

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By Sarah Banda

Prince KAPONDAMGAGA ndi Jina Ile anthu azinji ale ambatewera chipani cha MCP akunyelezela inawapheja. Podi kwene iye wakhala akuphata Basa mwa umphanduwe mazi mokhonda kupionesela kuphejelela pa mabasa a chipani mokhonda funa kupagalwi.

KAPONDAMGAGA adabalwa na mzimu wakutcholera pa pinthu pile adapaswa mwemo ali kachiya. Basa Ile adatoma kuphata ku dungwe ya Farmers Union of Malawi idampasa soloti yakujiwa mafambisilo a mfuma ya jiko. Iye adaphata Basa na anyakulima kule adajiwisa-pontho nyatwa zinatamba iwo. KAPONDAMGAGA akujiwa seretu kuti mabasa akulima ndiwo ambapheja kukwiza pa mabasa a mfuma m’jiko .

Mule iye akhali kuphata Basa m’madungwe akulekana-lekana  pidampheja maningi kujiwa pinafuna anthu. Mule akhali ku State House ninga mkulu walang’anira nyumba ya boma akhaphata basache mwakuphatizana na alimilili a nyumba ya maorodi, mathubu a boma kujapontho agoloso a chipani pakuphanisila towela chipani Cheyenne mtchogolo kufamba pyadidi.

Prince Kapondamgaga



Thangwi pyepi pyapheja towera KAPONDAMGAGA ajiphata Basa mwakujiwa pyakufuna pya anthu. Tenepo Lilongwe pakwecha pano kuti Jina ya KAPONDAMGAGA njakufunika kuti chipani cha MCP chinyelezele kuti akhale mkadamu wa chipanichi.

THANGWI–CHE NJANJI MCP IPELEKE UKADAMU KWA KAPONDAMGAGA?
Chipani cha MCP chikufuna munthu ninga KAPONDAMGAGA towela apheje towela kukoya mwambo na uboji pibwelere pontho ku chipanichi nakuti ajaimile chipanichi pa chisankho cha Prezidenti cha 2030. Chipani nchakufunika munthu ninga KAPONDAMGAGA ule anthu akumudungudzira akumutchula SNIPER ule anaphejelera anyakulima, anyamagoso, atchogoleri a chipani , aphale na atchikana kujapontho ababa na amama towela pinthu pifambe pontho pyadidi. Nyelezelani mu mphatizano munamfamvu, mazi mukunyogana pinthu simba famba pyadidi tayu.

Chachipili, KAPONDAMGAGA ambanyelezera kuti utchogoleri umbatoma nakuva pyakulonga pya anthu anango. Iye akulekana na atchogoleri azinji a ndale mMalawi muno thangwi ya pyepi.

Tenepo iye asati Chita chinthu ambatoma Guyana misolo na anthu. Pyepi ndipyo pikufunika towela MCP chikhale chipani chafolosa chakutchutcha boma nakuti mwaka wa 2030 chijakwanise kukwata boma.

Anthu azinji akhala akukomelwa na maphatiro Basa a KAPONDAMGAGA Mule akhali Prezidenti wa dungwe ya Chamber of Commerce kule iye adaonesela umphanduwe pakukwiza mbasa a makampani kujapontho anthu azinji alembwe Basa, pile pikhapheja boma  kukwizambo mabasa  a anthu na makampani.

MBIRI YA MAFUNJIRO CHE
–Ana BSc pa mabasa akulima
–MSc pa mabasa akuona pya mbeu pyonsene kubulukira ku University of Malawi. KAPONDAMGAGA Ana MSc mu Agribusiness Management.

MBIRI YA BASA
Aphata Basa kwa pyaka pyakupilingana makumawili mu agribusiness /grant management, financial management,  strategic M&E.
Iye aphata pontho Basa ku Madungwe a World Vision ndi Concern Universal.
Akhali pontho mgoloso wa dungwe ya Farmers Union of Malawi-FUM
Akhali pontho Vice President kujapontho Prezidenti wa Malawi Confederation of Chambers of Commerce  and industry (MCCCI)
Iye adaphata pontho Basa ninga Chief of Staff ku State House.

PAKUMALISA
Chipani cha MCP ndi chiboji mwa pipani Chile nchakufunika pyakwanga mu mbiri ya jiko ya Malawi pale Prince KAPONDAMGAGA ngwakusasanyika kufuna kutchogolera chipanichi towela pinthu pifambe pyadidi.Iye akufuna kuphatizanisa anyakulima, anthu akulekana-lekana kujapontho a ndale pile pikumuoneseratu pakwecha kuti ndi mkadamu ule anthu akumufuna mjiko ino.

Tansene maso athu akhale akulang’ana pa chinthu Chile chinafunefe ndicho kukwata-pontho utongi wa jiko ya Malawi mwaka wa 2030. Pyonsenepi pikutoma na munthu ule tava pizinji pya mbiri yache Prince KAPONDAMGAGA  ule pakumunyadira timbamchula the SILENT ASSASSIN.

South Africa’s top cop faces suspension calls amidst corruption scandal



By Burnett Munthali

The Independent Police Union of South Africa is calling for the precautionary suspension of National Police Commissioner Fannie Masemola, citing concerns over his suitability to lead the country’s police force.

The union’s demand comes amidst allegations of corruption and irregularities in a R360-million health tender.

Masemola is facing charges related to violating the Public Finance Management Act, specifically in connection with a controversial health tender linked to alleged criminal kingpin Vusimuzi ‘Cat’ Matlala.

The police commissioner’s situation has sparked widespread concern, with the Democratic Alliance (DA) formally requesting President Cyril Ramaphosa to place Masemola on precautionary suspension.

Fannie Masemola



The DA argues that Masemola’s continued leadership poses a risk to the integrity of the police service, emphasizing that the fight against crime cannot succeed without clean and accountable leadership.

The party is pushing for the immediate appointment of an Acting National Commissioner, citing precedent set by previous presidents who have utilized Section 9 of the SAPS Act to address similar leadership crises.

The calls for Masemola’s suspension come at a sensitive time for South African law enforcement, with the country grappling with high rates of violent crime and fragile public confidence in the police service.

The outcome of this situation remains uncertain, with President Ramaphosa yet to announce his decision.

Amaryllis Hotel Scandal: Malawi’s Public Accounts Committee reopens inquiry

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By Burnett Munthali

The Public Accounts Committee (PAC) of Malawi’s Parliament has reopened its inquiry into the purchase of Amaryllis Hotel by the Public Service Pension Trust Fund, with former Registrar of Financial Institutions MacDonald Mafuta Mwale appearing before the committee today.

The committee is investigating the K128 billion deal, amid allegations of corruption and overpricing.

The committee has also summoned Yusuf Investment Limited, owners of the hotel, former Secretary to the President and Cabinet Colleen Zamba, Chief Secretary Justin Saidi, and National Bank of Malawi.

PAC Chairperson Steven Baba Malondera stated that Yusuf Investment Limited had requested a private hearing, but the committee rejected the request, insisting on transparency.



Yusuf Investment Limited had been scheduled to appear before the committee on April 23, but requested a postponement, citing the owner’s illness and treatment in South Africa.

The committee has rescheduled the appearance to April 29, emphasizing that proceedings will not be unduly delayed.

If Shiraz Yusuf remains unable to attend, board members of Yusuf Investment Limited, including Yusuf Shiraz Yusuf, will be required to appear before the committee.

Meanwhile, the committee has not received any communication from Colleen Zamba, who is expected to appear on April 28, and will proceed with the hearing as scheduled.

The Amaryllis Hotel deal has sparked widespread outrage, with allegations of inflated pricing and corruption.

The hotel was sold to the Public Service Pension Trust Fund for K128 billion, despite independent valuations estimating its value at around K48 billion.

MCP challenges DPP’s explanation for fuel crisis

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By Chisomo Phiri

The main opposition Malawi Congress Party(MCP) has expressed surprise that the ruling Democratic Progressive Party (DPP) is attributing the country’s fuel shortages to the war in Iran and a shortage of foreign exchange.

Speaking at a press briefing in Lilongwe on Wednesday, the party’s Director of Campaign Moses Kunkuyu said the DPP-led government should come out in the open and clearly explain the true state of foreign exchange in the country.

He added that it is surprising that the DPP is making such claims now, when it previously dismissed similar explanations given by the MCP during its time in government.

MCP Presser



Kunkuyu also accused the government of misusing foreign exchange by importing maize from Zambia instead of purchasing it locally.

He emphasized that leaders have a responsibility to provide accurate and honest information to Malawians.

Kunkuyu said using a government-to-government (G2G) arrangement is the only effective way of procuring fuel, rather than relying on private intermediaries, which he described as “dubious operators.”

He said it is surprising that the government claims the economy is performing well while prices of goods continue to rise and Malawians are struggling with the cost of living.

Kunkuyu further noted that, under current conditions, a farmer needs to sell about 13 bags of maize in order to afford just one bag of fertilizer.

He also accused the government of disadvantaging certain groups, particularly farmers, through its economic policies.

On tobacco marketing, Kunkuyu said last year’s tobacco prices started at around $3 per kilogram, compared to about $2.50 currently.

He urged the government to prioritize farmers, saying they are a key source of the country’s foreign exchange earnings.

Kunkuyu also criticized the government for purchasing maize from Zambia, thereby spending foreign exchange, when it could have sourced the commodity locally.

According to Kunkuyu, the government’s use of informal or questionable channels in procuring fuel will only worsen the shortage situation in the country.

On Monday this week,the local press quoted government spokesperson Shadreck Namalomba to have admitted that the country does not have forex that can help to procure fuel.