FDH Bank, an organisation established by prominent Malawian businessman Dr Thomson Mpinganjira, has pledged MK150 million in scholarships for tertiary institutions. FDH Bank entered into the agreement with various educational bodies to promote national growth. Announcing the move, Thomson Mpinganjira explained that these educational institutions are an integral part in shaping the future of Malawi, affirming that the bank was privileged to have rewarding relationships with institutions of such standing.

Dubbed ‘FDH Cares Corporate Social Responsibility Education Scholarships’, the scheme will see FDH Bank invest MK72 million in the University of Malawi (UNIMA), funding 16 students for a period of four years at Chancellor College and Polytechnic. In addition, Malawi University of Science and Technology (MUST) will receive MK64 million, sponsoring 12 students for five years.

Mary Wasiri, Registrar of Chancellor College, thanked FDH Bank for its support. Professor Address Malata, Vice Chancellor of MUST, also thanked the bank, remarking that it was sad to see college students struggling to find money for food and other necessities. Although the Malawian Government provides loan facilities to students studying with higher learning institutions, Ms Malata explained that not all students can access those loans. She said that the move illustrated FDH Bank’s commitment to Sustainable Development Goals through girl child education and empowerment.

Scholarship beneficiary Precious Chigamba explained that, thanks to FDH Bank, she could pursue her studies in medical microbiology. Her ultimate goal was to help develop a HIV vaccine, as well as working on medicines to treat the waterborne diseases caused by flooding in different regions of Malawi.

William Mpinganjira, FDH Bank’s Deputy Managing Director, explained that the bank had also extended internship opportunities for MUST students, illustrating FDH Bank’s commitment to promoting Malawi’s education sector. As a home-grown financial institution, FDH Bank takes pride in giving back to local communities through its corporate social responsibility policies.

Addressing the fund beneficiaries, William Mpinganjira urged them to make the most of their opportunities, expressing his faith in their abilities and telling them he looked forward to returning to celebrate their graduations. Medical microbiology student Chisomo Kanthanga – speaking on behalf of the MUST students – praised FDH Bank’s generosity in coming to the students’ rescue, affirming a collective promise that they would behave responsibly and work hard in class throughout their time with the university.

About MUST

Established by an Act of Parliament in 2012, MUST was created with the aim of promoting the development, transfer, adaptation and application of technology, science, and innovation for micro- and macro-economic growth in Malawi. Its vision is to become a world class centre of scientific and technological research, education and entrepreneurship. This vision is being realised today through the learning institution’s conducive environment for quality learning, research, training, entrepreneurship, and outreach activities.

MUST was officially opened in October 2014 by His Excellency the President, Professor Arthur Peter Mutharika. Today, MUST incorporates four operational schools: Ndata School of Climate and Earth Sciences, Bingu School of Culture and Heritage, the Malawi Institute of Technology, and the Academy of Medical Sciences.

In 2016, MUST hosted Malawi’s first national all-girl’s science camp. Numerous research projects undertaken by MUST staff and students have been featured in renowned publications and journals. Boasting its own research centre, MUST has been at the forefront of industrial research and technological development programs for more than 20 years, helping improve the quality of life of Malawians. Plans are currently underway to create a new Centre for Innovation and Industrial Research to drive science and technological innovation, focussing on renewable energy, essential oil, natural fibre, and the food industry.

The number of people who are self-employed rather than (or in addition to) holding conventional jobs continues to increase as the “gig economy” grows. Paying taxes when you are self-employed can be a confusing process for those who are just starting down this path.

When Do You Have To Pay Self-Employment Taxes?

The IRS and state governments may have different rules for determining who is self-employed. The IRS has guidelines to help you verify your employment status, but it is ultimately decided on a case-by-case basis. If you have your own business and no one else controls how you do your work, that can mean that you are self-employed. Self-employed workers usually get a 1099 form from any businesses with which they work.

What Can You Deduct on Your Taxes?

While independent contractors usually have a higher tax rate than those who have traditional employers, there are many unique deductions that you may take. For example, you can deduct the cost of your office space, even if that office is in your residence. You will have to measure the space and use the IRS website to calculate how much that space costs you to maintain. This includes any technology you use in your office, like your computer, printer, wireless internet or VOIP phone account. You may be able to deduct part of your self-employment taxes on your annual tax return as well.

How Do You Remit Taxes That You Owe?

State revenue departments and the IRS require you to pay self-employment taxes on a quarterly basis. You can find the tax due dates for each year on their websites. A traditional employee has income, Social Security and Medicare taxes automatically deducted from their paychecks, but sole proprietors must pay these on their own. The IRS provides a worksheet within their 1040-ES form to help you figure out how much you owe. Your state may have an online calculator or form for this as well.

If you are in the market for a commercial blender, then it’s a good idea to know what is available and which one will best suit your environment. There are many different models, and not all industrial blenders are created equal. As with most appliances, you get what you pay for. That’s why doing some research beforehand is always essential. Here are a few things to consider before your next purchase.

How to Choose

Since there is a variety of commercial mixers, knowing what is common to your industry is vital. Often, if a specific device is widely accepted over a particular industry, its probably working well. The trick is finding the most efficient machine. Purchasing an industrial blender is a long term investment, so getting the correct machine with current technology for your market is essential. The seven most common or popular industrial blenders, according to IQS, an online manufacturer guide are:

  • Agitators
  • Ribbon Blenders
  • Paddle Mixers
  • Static Mixers
  • Emulsifiers
  • Homogenizers
  • Drum Mixers

Each device, depending on its speed, mixer configuration and bowl shape, is capable and designed to combine different substances during the mixing process effectively.

Red Flags

Many manufacturers produce blenders in large quantities and believe that they can create anything from steel. However, what consumers may not realize is that quality blenders include the most advanced technology and parts. This is why professional shops are a great place to start your search. Often, specialty shops do field studies and have teams that manage their designs to keep up with sanitation and safety. They also

It’s also essential to be cautious when buying “as is” or used machines. Most will not be suitable for direct installation and will need modifications or upgrades to work properly. However, if you do decide to buy a used machine, make sure all parts needing to be upgraded are available.

The office equipment you use each day represents a significant investment. However, a time will come when your equipment is outdated and loses the value it has. When this happens, the best thing you can do is to replace your office equipment.

The question is – how do you know when it’s time? Keep reading for some tell-tale signs you should invest in new office equipment Jackson MI here.

Inefficient Workflow

You need the right, properly working office equipment that runs properly to achieve high levels of productivity. If you have a copier that is breaking down regularly, or if it takes too long to send a fax, or if copies come out of your machine painfully slow, now is the time to make an investment in new equipment. With newer equipment, you will have something that works more efficiently and faster, which is great for productivity levels.

Increased Repair Costs

When a machine gets older, there’s a good chance it will start breaking down more often. It’s extremely challenging to find quality repair services that can work on your outdated machines. What makes this even worse is the fact that the cost to find the older parts is also extremely challenging. If you are having to call the repair service a few times a month, it may be a sign you would be better off just investing in new equipment altogether.

Security Risks

Modern printers and copiers will operate as networked computing devices. If you want to protect your data from being exploited, it is a good idea to make sure your equipment has built-in security features that will keep everything safe and sound.

With the tips and information here, you will know when it is time to replace the equipment in your office. Don’t underestimate the benefits of making this investment in a timely manner, as it is going to pay off.

When landlords purchase commercial real estate, they intend to rent the property out as apartments or stores. However, landlords do not just buy the cheapest property available. Instead, they consider the following factors.


If an expert in real estate such as Steven Taylor Taylor Equities is looking for a new apartment building, he does not simply purchase the first available building he sees. Instead, he considers the location and how that will affect housing demand. For example, in areas with low demand for housing, landlords cannot usually charge as much for rent. Additionally, they are taking a greater risk in purchasing the property because it is likely that tenants will not take all of the units. However, in an area where housing is in high demand, landlords can charge more for rent and are more likely to earn a profit on their investment. A downside of purchasing commercial real estate in high demand areas such as cities is that such property is usually much more expensive than in rural areas.


Many landlords enjoy taking an old building that is in poor condition and renovating it before renting out remodeled units. This method allows landlords to personalize their buildings and provide good quality housing with a low investment. It also requires landlords to have plenty of working capital to cover the renovations. Newer landlords with smaller budgets may have to wait until a property that is ready for habitation becomes available.


Depending on the location of the property, potential tenants will expect certain amenities out of their housing. Every apartment building needs showers, toilets and sinks in each unit. However, in wealthier areas, tenants may not consider units that do not include personal laundry. Landlords must decide if they are willing to invest in extra amenities or if they want to purchase cheaper property without such features.

Many factors influence a landlord’s purchasing choices, and only time and experience allow him or her to make the best financial decisions.