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Financial Statements
Financial Statements Abridged Financial Statements 2018 Downloard Financial Statements 2017 Download Financial Statements 2016 Download PRESS RELEASE Download
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General Criteria for Projects Funding
General Criteria for Project Funding Communities or institutions can apply for funding by simply writing a letter or a project proposal to the Executive Secretary who, together with his team at the Secretariat, process all applications for consideration by the Board of Trustees. See our contacts
general
General Criteria for Project Funding
Project should benefit wider community; It should be in the key focus areas listed above; It should have a sound project management structure; It should be viable and self sustaining; It should have a developmental value to the nation.
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Funding Sectors
Education Provision of equipment, training materials and books; Infrastructure development (libraries, laboratories, hostels, staff houses and school blocks) in tertiary/university education institutions and technical colleges; and Provide a Merit Bursary for secondary school pupils which is only given to the best boy and best girl from each of the 33 Read more…
projects
General Information
Press Trust was formed in 1982 by the first Head of State of Malawi, the late Dr H. Kamuzu Banda, with the aim of providing charitable donations which are in the interest and for the benefit of the people of Malawi including the advancement of their education, health, social welfare Read more…
investments
Investment Strategy
The core foundation of the Trust’s strategy is prudent diversification. This is re-enforced by investment obligations placed on Trustees as provided for in the PTRA.In terms of the PTRA, the following are the three (3) important provisions regarding the Trust’s investments 1. The Trust is prohibited from carrying on permanent trading Read more…
investments
Background to Press Trust Investments
Prior to 1998, the sole investment of Press Trust was Press Corporation Limited (PCL) in which the Trust held 93% of the issued share capital while Old Mutual had the remaining 7%. At that time, Press Agriculture Limited (PAL) was a wholly owned subsidiary of PCL. However, this situation changed Read more…
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Advisors
PROFESSIONAL ADVISORS External Auditor Deloitte.First Floor, INDEbank HouseKaohsiung RoadP.O Box 187Blantyre, Malawi Telephone: +265 (0)1 822 277 Internal Auditor Ernst & Young MalawiApex House, Kidney Crescent,P.O. Box 530Blantyre,Malawi Telephone: +265 (0)1 876 476 Bankers IndebankPrivate Bag 100LilongweMalawi Telephone: +265 (0)1 750 200 Solicitors Savjani & Co.Honover House, Independence Read more…
corporate
Board Information And Development
Board Information And Development Under the direction of the Chairperson, the Executive Secretary is responsible for advising the Board on all governance issues, induction of new Trustees, ensuring that board procedures are followed and applicable rules and regulations are complied with. All Trustees individually and as a Board, have access Read more…
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Board Committees
Standing Committees of the Board The Board has three (3) standing Committees to which various matters are delegated in accordance with their respective terms of reference. The Board also establishes committees on an ad hoc basis to deal with particular matters as and when needs arise. In doing so, the Board specifies Read more…