Written on May 9, 2022
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 empowering its potential and existing clients to make sound financial decisions.

NICO Pension Head of Operations, Mwawi Nkhonjera, said this sponsorship shows the well cemented partnership between NICO Group and public universities in Malawi.

“Subsidiaries within The Group are and have been involved with tertiary institutions for years. We value the relationship we have with these institutions be it through students, the administration or the tutors,” Nkhonjera said.

She further encouraged the executives of the association to make use of the lessons at the training session to effectively run sporting and recreational activities for their members.

PUSSAM Vice President Dr. Bhekuzulu Khumalo said the donation by NICO is timely.

“With this donation, we will be able to cover various costs guaranteeing a successful two-day training session. NICO Group is a major partner in our activities, and we appreciate the relationship we have with them,” Dr. Khumalo said.

The first training session for the PUSSAM Executives has been slated for 28th – 29th April 2022 and will include presentations by NICO Life and NICO Pension, two of nine subsidiaries of NICO Group. The NICO Group is committed to playing its part in all the sectors that it operates in.

Related Articles

NICO Pension 2024 Client Engagement Seminar

NICO Pension, a trusted provider of retirement solutions, is conducting its highly anticipated Client Engagement Seminars. The series of sessions is aimed at providing attendees with valuable insights and strategic guidance on critical aspects of pension management....

One NICO Brokers Workshop: Navigating the Future Together

The NICO Group represented by NICO General, NICO Pension, and NICO Life Insurance held Broker Workshops under the theme "Navigating the Future Together", aimed at engaging with brokers and exploring the emerging risks in the Malawian insurance market. During the...

NICO Pensions declares 14% bonus

NICO Pension has declared a 14% bonus for the year 2021 on pension funds under the Ufulu Unrestricted Fund. The return is an improvement from 2020’s 9.37% in the economy that has been affected by several issues, including disruptions cause by Covid-19 and rapidly...