FDH Financial Holdings, the Malawian banking group founded by business leader Dr Thomson Mpinganjira, posted MK5.87 billion in profits for the financial year to 30th June 2020, representing an 18% increase on profits in the same period in 2019. Statements signed by Noel Nkulichi, FDH Financial Holdings Board Chairman; Ulemu Katunga, Chairman of the Board’s… Read more
Viewing category: Money
The Procrastinator’s Guide To Saving Money
As a procrastinator, you’re the master of putting off necessary work. Just one of the many tasks you postpone is making a budget, even if you really need to spend less and save more. You should know from past experiences that you rarely benefit from your time-wasting habits. When you leave things to the… Read more
Making sense of your first budget
Congratulations! You have just graduated college, and are off to an exciting new world! Maybe a new city, or even a new state, to start a new job with your new degree… That is a lot of firsts. And it is easy to make mistakes financially that could cost you a lot down the road…. Read more
Have Your Emergency Fund Plan in Place
Good financial management requires pre-planning and handling money in a responsible manner. Creating an emergency fund is a part of an intelligent financial plan. Life has a way of throwing curves, and the more you’re to weather the storm, the further you are along the financial spectrum. Saving is never “not an option.” Regardless of… Read more
Dr Thomson Mpinganjira Discusses the Listing of Local FDH Bank on the Malawi Stock Exchange
Malawi’s own FDH Bank offloaded a 20% ownership stake in an initial public offering which closed on the 17th July 2020, in anticipation of the listing of the company on the Malawi Stock Exchange (MSE) on the 3rd August 2020. FDH Bank is a subsidiary of parent company FDH Financial Holdings Limited, of which Dr… Read more
Do the Right Thing With Your Inheritance Fund
The Fun Has Just Begun Congratulations, you have officially received inheritance funds. This is a handy way to elevate your finances and lifestyle. Lots of people may feel like it’s winning the lottery. The downside is that it was because you’ve lost someone you care about. Fortunately, it can be a series of rewarding events…. Read more
Thriving, Not Surviving, In Periods Of Economic Chaos
Approach Portfolio From a Risk-Averse Perspective While having a good selection of the top dividend stocks is going to be vital in anyone’s portfolio even during the most tumultuous of economic climates, there are other things that you can do to improve your portfolio’s resilience. Around the world, plenty of people are feeling more risk-averse… Read more
5 lotteries which are cheaper than the UK Lotto
Introduction Lottery games have become one of the most popular games in the world today. The popularity has been due to the advancement of technology and the ability to play lotto games online from your convenient place. Access to the internet by most people has led to many being able to participate in lotto games… Read more
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