Written on March 15, 2019
REACHING OUT TO FLOOD VICTIMS

Kumwenda (left) handing over the 5 million cheque to His Worship Ndipo

Due to the recent floods in some parts of the Southern Malawi, NICO has reached out to assist the flood victims with food stuff. As a concerned and responsible corporate entity, NICO believes in making a positive difference to the community, not just in its business offering of financial products but also in situations like these.

Speaking during the handover ceremony of a cheque amounting to 5 million Kwacha to the Mayor of Blantyre City Councilor Wild Ndipo, the Group Managing Director Mr Vizenge Kumwenda said he was saddened and touched by the situation. “I was at home when I saw the news of the floods which damaged houses, fields and property,” he said. “I got in touch with my fellow NICO executives on this and we shared the same sentiments that NICO should help out. Coincidentally the same evening his Worship the Mayor Ndipo called me and asked if NICO could help as the council was overwhelmed with the number of affected victims,” he added.  Receiving the donation on Tuesday 12 March, the Mayor commended NICO for the quick response to their call. “We are grateful to NICO for the timely donation. This donation will go towards procuring of food stuff for the victims as most of them have nothing to eat among the other items needed,” Ndipo said.

Related Articles

Executive Transition

The Board of Directors of NICO Life Insurance Company Limited wishes to announce the retirement of Mr Eric Chapola and the appointment of Mr Wise Chigudu as Chief Executive Officer(CEO). Mr Chapola retired on 31st December 2023, having played an integral part in the...

NICO Life holds second Tilinanube draw

NICO Life has successful conducted its second draw for its Tilinanube Campaign which has seen four policy holders getting a full year of not paying premiums. The initiative was introduced in June to ease the pressure that comes with the monthly premiums. NICO Life...

NICO Group donates to Adventist Health Services

NICO Group has reiterated its commitment to contributing toward the health sector by donating K4,530,000 to Adventist Health Services (AHS). The donation will go towards purchasing a solar power system unit that will be installed at AHS’s Soche Clinic. NICO Pension...

NICO supports PUSSAM training

NICO Group has donated K1,980,000.00 to Public Universities Staff Sports Association of Malawi (PUSSAM). The funds will go towards the association’s training sessions for its executive members. As a leading financial institution in Malawi, NICO Group believes in...