MSB spends K650 000 for tree planting

Malawi Savings Bank (MSB) has supported the Worldlife and Environmental Society of Malawi (Wesm) with about K650 000 (about $1 625) to support the Wesm’s tree planting programme this year in the country’s three regions.

Speaking when MSB staff members and the community planted trees at Goleka Primary School in Chiradzulu on Saturday, the bank’s head of administration and support services Fanuel Kumdana said they have deliberate strategies to help the communities afforest the country.

“As a bank, we are associated with a lot of people including those in farming activities, the tobacco industry in particular who use a lot of trees in curing tobacco and associated activities. As we assist them in the reforestation programme, these farmers will be able to increase their productivity and profits,” said Kumdana.

Speaking during the ceremony Wesm advocacy and environmental education officer Raphael Mkona commended MSB for the support.

“”The rate at which deforestation is taking place is so alarming that this support is handy,” said Mkona.

According to MSB, this year 2 500 trees will be planted in each of the three districts.