Make an investment plan

Make an investment plan

Last week we discussed the importance of budgeting, which allows you to accumulate savings. Saving alone without an investment plan is like planting a seed in dry sand—no growth can happen. You therefore need a solid investment plan for your savings. For your...
CREATE A BUDGET, START IMMEDIATELY

CREATE A BUDGET, START IMMEDIATELY

When I was younger, the idea of investing, saving, or even planning for retirement, always led to the thought “I still have a lot of time for that”. And maybe I do, but what I learned at the Retirement Planning Seminar by NICO is that the longer I wait to...
RETIREMENT PLANNING: WHY SHOULD YOU EVEN BOTHER?

RETIREMENT PLANNING: WHY SHOULD YOU EVEN BOTHER?

As I grow older (and wiser), retirement starts to hit home a lot harder than it did when I was 25 years old. It has moved from being a vague possibility to a definite reality. There are several issues associated with this big and unavoidable life stage. What would I...
NICO Sponsors Science and Technology Fund

NICO Sponsors Science and Technology Fund

NICO Group has donated K2.5 million to the National Commission for Science and Technology (NCST) for the launch of the operationalization of the Science and Technology Fund as a contribution towards advancement of science, technology, and innovation in Malawi. The...
‘INVESTORS FAIL TO ABSORB AVAILABLE PENSION FUNDS’

‘INVESTORS FAIL TO ABSORB AVAILABLE PENSION FUNDS’

NICO Pensions, one of the country’s pension funds managers, has said the country has limited investment portfolios which cannot accommodate pension funds which now stands at over K1 trillion. This was revealed during pension updates seminar in Blantyre organised by...
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