Tag: central bank

Malawi raises bank rate to 400 basic points to stabilize kwacha, stem inflation

Published on December 4, 2012 by FACE OF MALAWI

The central bank of Malawi raised its benchmark bank rate by 400 basis points to 25.0 percent in an “urgent […]

Real Insurance Malawi to recapitalize

Published on December 4, 2012 by FACE OF MALAWI

In keeping up with the requirements of the Central Bank, Real Insurance Company of Malawi is taking steps towards recapitalization. […]

RBM, Energy ministry contradict on forex availability

Published on September 22, 2012 by FACE OF MALAWI

Energy authorities and the Reserve Bank of Malawi (RBM) are giving contradictory statements on foreign exchange availability on the market. […]