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So far Hughton Gweshe has created 35 blog entries.

FMB | Notice of final dividend in respect of year ended 31 December 2016

2017-07-26T15:27:50+00:00 July 26th, 2017|Corporate Announcements|

The shareholders of First Merchant Bank Plc, at the Annual General Meeting held on 6th June, 2017, approved the of a final dividend of 50 tambala per share (MK1,168,125,000) for the financial year ended 31st December, 2016. Members whose names will appear in the register as at close of business on Friday, 4th August, 2017 [...]

The 2017 FMB sponsored Hockey leagues set to commence

2017-07-21T16:18:15+00:00 July 21st, 2017|Corporate News|

The 2017 FMB sponsored Hockey leagues are set to commence this Saturday 22nd July at Chichiri hockey stadium. FMB has been sponsoring the 8 and 11-aside Hockey Leagues since 2013 and this year adds another milestone to the sponsorship. Through supporting hockey, FMB will continue to assist in developing the already impressive talent which the [...]

First Merchant Bank to acquire Opportunity International Bank of Malawi

2017-06-29T15:08:46+00:00 June 29th, 2017|Corporate News|

First Merchant Bank pledges to continue Opportunity International’s legacy of promoting financial inclusion LILONGWE AND CHICAGO – 27 June 2017 – First Merchant Bank (FMB) has announced that it has agreed with the U.S., U.K. and Canadian affiliates of Opportunity International to acquire their ownership of Opportunity International Bank of Malawi (OIBM), the global microfinance [...]

FMB | Trading statement for the six months ending 30th June, 2017

2017-06-29T14:07:54+00:00 June 29th, 2017|Corporate Announcements, Downloads|

In terms of the listings requirements of the Malawi Stock Exchange Limited, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from the [...]

FMB sponsors the Leslie Sevens Rugby Tournament for the 5th Year

2017-06-23T11:40:14+00:00 June 23rd, 2017|Corporate News, Corporate Social Responsibility|

The FMB sponsored Leslie Sevens Rugby Tournament will be launched on Saturday the 24th of June, 2017 at the Blantyre Sports Club. FMB has for the past four years been sponsoring the Leslie Sevens Rugby tournament, playing its role in development of minority sports in the country. The Leslie Seven’s Rugby Tournament was established by [...]

FMB | Further Cautionary Statement

2017-06-09T10:02:07+00:00 June 9th, 2017|Corporate Announcements|

Corporate Restructuring Further to the Cautionary Statement issued by the Board on 28 March 2017, the Directors of First Merchant Bank PLC (“FMB”) wish to advise their shareholders and other stakeholders that the process to restructure the company is still ongoing. An offer document to transfer all shares in FMB to FMB Capital Holdings Plc [...]

FMB | Release of 2016 annual report

2017-05-30T16:35:53+00:00 May 30th, 2017|Corporate Announcements, Downloads|

DEAR SHAREHOLDERS The year here reviewed was in almost all respects a remarkably positive one for the Group, a year of solid, often exceptional, achievements, all of which augured well for FMB’s future. In 2016 our operating context remained challenging in the extreme with Malawi, Mozambique and Zambia continuing to feel the adverse effects of [...]

FMB | Notice of 21st Annual General Meeting

2017-05-30T15:21:59+00:00 May 11th, 2017|Corporate Announcements, Downloads|

Notice is hereby given that the 21st Annual General Meeting of the company will be held at the FMB Training centre on 6 June 2017 at 15:30 to transact the following business: Approval of minutes of the last Annual General Meeting To approve the minutes of the 20th Annual General Meeting held on Friday, 18 [...]

FMB | Summary Audited Consolidated and Results for the year ended 31 December 2016

2017-04-03T15:06:43+00:00 April 3rd, 2017|Corporate Announcements, Downloads|

REVIEW OF THE YEAR The macro-economic shocks of 2015 in Malawi, Mozambique and Zambia continued to be felt at the beginning of 2016. The major challenges included drought and reduction in agricultural production in Malawi and Mozambique, electricity shortages in Zambia and Malawi, and the discovery of previously undisclosed state linked foreign debt in Mozambique. [...]

CAUTIONARY ANNOUNCEMENT

2017-03-28T10:43:04+00:00 March 28th, 2017|Corporate Announcements|

The Directors of First Merchant Bank Limited (“FMB”) wish to advise its shareholders and members of the public the following: Corporate Restructuring We have been advised by three principal shareholders, collectively representing 55% of the issued capital of FMB, that they intend to transfer their shares in FMB to FMB Capital Holdings Plc (“FMBCH”), a [...]