/Hughton Gweshe

About Hughton Gweshe

This author has not yet filled in any details.
So far Hughton Gweshe has created 40 blog entries.

FMBCH makes historic MSE debut

2017-09-20T12:25:19+00:00 September 20th, 2017|Corporate News|

Shares in First Merchant Bank Capital Holdings (FMBCH) began trading on the Malawi Stock Exchange (MSE) yesterday, Monday, 18 September. Shareholders of First Merchant Bank (FMB) were offered one FMBCH share for each FMB share held. The one-for-one offer was accepted by investors representing more than 97.6% of FMB’s ordinary shares. In its pre-listing statement, [...]

Further Cautionary Statement: Acquisition of shareholding in Barclays Bank Zimbabwe Limited

2017-09-12T14:29:37+00:00 September 7th, 2017|Corporate Announcements|

The Directors of First Merchant Bank PLC (“FMB”) wish to provide an update to their shareholders and other stakeholders with respect to the agreement that was signed between FMB Capital Holdings PLC (“FMBCH”) and Barclays Bank PLC (BBPLC), pursuant to which FMBCH will acquire from BBPLC a controlling shareholding in Barclays Bank of Zimbabwe Limited [...]

Hello Paisa – FMB “back to school” campaign

2017-09-12T14:24:07+00:00 September 7th, 2017|Corporate News|

FMB, at the beginning of this week, rolled out a ‘Back to School’ money transfer campaign under its Hello Paisa money transfer platform to encourage both its customers and non-customers to receive funds from South Africa through the Bank. During the Back to School campaign everyone who receives funds through Hello Paisa at FMB from [...]

FMB sponsors Kasasa Golf Tournament

2017-08-08T11:31:56+00:00 August 8th, 2017|Corporate Social Responsibility|

On Saturday 5th August, 2017 FMB launched its sponsorship of the monthly mug at Kasasa Golf Club in Dwangwa, Nkhotakota District. The launch was marked by a golf tournament which attracted golfers who are members of Kasasa Club and its surrounding areas. The event attracted over 30 golfers who graced the greens as they teed-off [...]

FMB | Public announcement

2017-07-31T11:47:12+00:00 July 31st, 2017|Corporate Announcements|

Pursuant to the Companies (Panel on Take Overs and Mergers) Rules 2016, Rule 13, the Board of Directors of First Merchant Bank Plc (“FMB”) advises that it has received notification from FMB Capital Holdings Plc (“FMBCH”), a company incorporated in the Republic of Mauritius and registered in Malawi as a foreign company, of its firm [...]

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 [...]