Tag: banks

Malawi’s Mobile banking growth impressive

Published on August 12, 2013 by FACE OF MALAWI

Mobile banking has emerged the fastest growing financial service in the country registering 1,299 percent growth in value last year, […]

Capital hill havs alleged that some commercial banks are involved in a forgery syndicate that has led to millions of kwacha’s being lost through forged government cheques

Published on July 16, 2013 by FACE OF MALAWI

Authorities at Capital hill have alleged that some commercial banks are involved in a forgery syndicate that has led to […]

Bureaus are buying forex for cheap and selling at high prices

Published on June 4, 2013 by FACE OF MALAWI

Banks/Forex Bureaus are buying the US Dollar at MK320, Others at MK315 but when they want to sell to you, […]

Banks’ profits raise eyebrows

Published on April 18, 2012 by FACE OF MALAWI

Despite the deteriorating economy and shrinking business opportunities in the country, most banks have raked in huge profits, a development […]

THE FOREX PROBLEM & LACK OF MANUFACTURING INDUSTRIES

Published on August 30, 2011 by FACE OF MALAWI

By: THE ECONOMIC THINK TANKER$ As the country faces more and more economic problems we believe that; in order to […]

LIGOYA (RBM) UNSURE DEVALUATION CAN SAVE IMF PROGRAMME

Published on August 12, 2011 by FACE OF MALAWI

Reserve Bank of Malawi (RBM) governor perks Ligoya yesterday could not say if the latest kwacha devaluation is enough to […]

Eight banks on shaky ground

Published on June 24, 2011 by FACE OF MALAWI

AN inquiry into the general state of the banking sector ahead of next week’s deadline for local banks to meet […]