Telekom Networks Malawi
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Telekom Networks Malawi
Telekom Networks Malawi plc (TNM), is a telecommunications service provider in Malawi. Established in 1995, it is the oldest telecommunications company in the country. The telco is a subsidiary of Press Corporation Limited, the largest business conglomerate in Malawi. Location The headquarters of the company are located on the Fifth Floor, Livingstone Towers, Glyn Jones Road, in the city of Blantyre, Malawi's business capital. The geographical coordinates of the company headquarters are:15°47'08.0"S, 35°00'26.0"E (Latitude:-15.785556; Longitude:35.007222). Overview Telekom Networks Malawi is a leading telecommunications network provider in the country. As of December 2020, the telco had assets worth MWK:120,528,540,000 (US$155.6 million), with shareholders equity worth MWK:43,905,850,000 (US$56.7 million). At that time, the company serviced in excess of 4 million customers, through 26 customer-service stores throughout the country. History Telekom Networks Malawi (TNM) wa ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Telekom Malaysia
Telekom Malaysia Berhad (TM) is a Malaysian telecommunications company founded in 1984. Beginning as the national telecommunications company for fixed line, radio and television broadcasting services, it has evolved to become the country's largest provider of broadband services, data, fixed-line, pay television and network services. TM ventured into the Long Term Evolution (LTE) space with the launch of TMgo, its first 4G offering. TM's 850 MHz service was rebranded as unifi Mobile in January 2018. With a total of 2.23 million broadband subscribers in 2014, unifi is Malaysia's first high-speed fibre optic broadband service. Given the rate at which Malaysians are adopting digital technology, TM represents one of the largest government-linked companies in the country, with more than 28,000 employees and a market capitalisation of more than RM25 billion. History Foundation and early years Much of the telecommunications infrastructure in Malaysia was damaged during the Se ...
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Telecommunications Companies Established In 1995
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as coded drumbea ...
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Telecommunications Companies Of Malawi
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as coded dr ...
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First Capital Bank Malawi Limited
First Capital Bank Malawi Plc, formerly known as First Merchant Bank Plc, is a commercial bank in Malawi. It is licensed by the Reserve Bank of Malawi, the central bank and national banking regulator. It is a subsidiary of FMB Capital Holdings. Location First Capital Bank Malawi maintains its headquarters, and main branch in Livingstone Towers, along Glyn Jones Road, in the city of Blantyre, the financial capital of Malawi. The geographical coordinates of the bank's headquarters are: 15°47'08.0"S, 35°00'25.0"E (Latitude:-15.785556; Longitude:35.006944). Overview The First Capital Bank of Malawi is a medium-sized financial services provider in Malawi. It offers retail banking services to individuals and corporate clients. As of December 2018, the bank's total asset base was valued at MWK:439.341 billion (US$610 million), with shareholders' equity of MWK:47.43 billion (US$66 million). History First Capital Bank was founded as First Merchant Bank in 1995 by Hitesh Anadkat and ...
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Super League Of Malawi
Super League of Malawi, also known as the TNM Super League for sponsorship reasons, is the top football division in Malawi. Contested by 16 clubs, it operates on a system of promotion and relegation with the Malawi Regional Football Leagues. Malawian mobile telecommunications company TNM sponsors the league with K65 million annually. History It was created in 1986 and was first sponsored by Gillet Nacet. It was composed of eight teams: five teams from Blantyre and Districts Football League (BDFL) and three teams from Lilongwe and Districts Football League (LDFL). The eight inaugural members of the Super League of Malawi were Bata Bullets, Limbe Leaf Wanderers, MDC United, Red Lions, ADMARC Tigers, Silver Strikers, Civo United and MITCO. Competition format There are 16 clubs in the Super League. During the course of a season (from April to December) each club plays the others twice (a double round-robin system), once at their home stadium and once at that of their opponents' ...
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Old Mutual
Old Mutual Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchange and the Botswana Stock Exchange. It was founded in South Africa by John Fairbairn in 1845 and was demutualised and listed on the London Stock Exchange and other stock exchanges in 1999. It introduced a new strategy, called 'managed separation', that entailed the separation of its four businesses – Old Mutual Emerging Markets, Nedbank, UK-based Old Mutual Wealth and Boston-based Old Mutual Asset Management (OMAM) – into standalone entities in 2018. This led to the demerger of Quilter plc (formerly 'Old Mutual Wealth') and the unbundling of its shareholding in Nedbank. The business, which is now largely based in South Africa, provides sponsorship and supports bursaries at South African universities. History The company was founded in 1845 as a mutual insurance company by John Fairbai ...
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ...
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Government Of Malawi
Politics of Malawi takes place in a framework of a presidential representative democratic republic, whereby the President of Malawi is both head of state and head of government, and of a multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and the National Assembly. There is a cabinet of Malawi that is appointed by the President of Malawi. The judiciary is independent of the executive and the legislature. The government of Malawi has been a multi-party democracy since 1994. Executive branch Under the 1995 constitution, the president, who is both chief of state and head of the government, is chosen through universal direct suffrage every 5 years. Malawi has a vice president who is elected with the president. The president has the option of appointing a second vice president, who must be from a different party. It also includes a presidentially appointed cabinet. The members of the cabinet of Malawi can be drawn ...
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Nyasa Times
''Nyasa Times'' is an online newspaper providing Malawian news, founded by Edgar Chibaka, who remains its Managing Editor, assisted by Thom Chiumia. It began reporting in late 2006. According to its own website, it received "over 8 million hits per month" in 2010. The publication has on numerous occasion been at loggerheads with the Bingu wa Mutharika government. Mutharika accused former president Bakili Muluzi Elson Bakili Muluzi (born March 17, 1943 in Machinga, Nyasaland) is a Malawian politician who was the first freely elected president of Malawi from 1994 to 2004. He was also chairman of the United Democratic Front (UDF) until 2009. He succeeded ... of bankrolling the online media outfit to publish false stories to tarnish the image of the government. Muluzi denied the accusations. References {{news-website-stub Newspapers published in Malawi 2006 establishments in Malawi Publications established in 2006 African news websites ...
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Malawi Stock Exchange
The Malawi Stock Exchange (the MSE) is a stock market, with three licensed brokers is based in Blantyre, Malawi. Overview The Malawi Stock Exchange was inaugurated in March 1995 and opened for business for the first time on 11 November 1996, under the aegis of the Reserve Bank of Malawi, with 2,300 Malawian citizens buying shares in the first company to be listed – Malawi's largest insurance firm, the National Insurance Company. International Finance Corporation, a World Bank affiliate, and the Financierings Maatschappij Ontwikkelingslanden, a Dutch development bank with close ties to the Dutch Ministry for Development Co-operation, provided 40% of the $500,000 required for establishing the stock market in Blantyre, and the European Union sponsored seminars and publicity campaigns. The exchange operates in terms of the Capital Markets Development Act of 1990 and the Capital Market Development Regulations of 1992. It has a supervisory committee which comprises represent ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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