Tag: imf

Mwanamvekha’s charges restored

Published on April 23, 2024 by Robert Ngwira

The Director of Public Prosecutions (DPP) has restored charges against former minister of finance Joseph Mwanamvekha who had his case […]

IMF hails Malawi for progress in governance

Published on April 5, 2024 by Victoria Manjolo

The international Monetary Fund hails Malawi (IMF) Governance Diagnostic Mission hailed Malawi for progress recorded in governance, legal framework and […]

Word Bank Approves Budget Support Package to Malawi

Published on December 13, 2023 by Caleb Bokosi

The world’s largest bank (World Bank) has announced that for the first time since 2017, it will provide budget support […]

Malawi passes IMF test in style

Published on September 21, 2023 by Robert Ngwira

Malawi has passed the International Monetary Fund’s (IMF) first test as the global lender has reached a staff-level agreement on […]

Chakwera meets IMF Deputy Director General Gita Gopinath

Published on September 5, 2023 by Robert Ngwira

The Deputy Director General of the International Monetary Fund (IMF) Gita Gopinath has expressed satisfaction over the economic reforms that […]

Chakwera off to China

Published on June 27, 2023 by Robert Ngwira

President Dr Lazarus Chakwera has departed for China to attend the 2023 China- Africa Economic Trade Expo. Chakwera left the […]

PETRA President Kamuzu Chibambo against devaluation of kwacha

Published on June 12, 2023 by Robert Ngwira

The People’s Transformation Party (PETRA) President, Kamuzu Chibambo has said the country should not devalue the currency “because it is […]

Zambians celebrates after clinching $1.3bn bailout from IMF

Published on September 2, 2022 by Robert Ngwira

Zambians have celebrated the clinching of the $1.3bn (£1.1bn) bailout from the International Monetary Fund (IMF) after seven years of […]

Hakainde Hichilema outshines Chakwera as Zambians land in Canaan

Published on September 1, 2022 by Robert Ngwira

President Hakainde Hichilema seems to be making progress in Zambia as citizen have started enjoying fruits of his leadership barely […]

IMF did not influence Kwacha devaluation – RBM Governor

Published on May 27, 2022 by Flora Mitumba

Governor of the Reserve Bank of Malawi (RBM) Wilson Banda has dismissed reports that the devaluation of Kwacha has been […]

Reserve Bank Officials To Hold Press Briefing This Morning

Published on May 27, 2022 by Edgar Naitha

Officials from the Reserve Bank of Malawi (RBM) are this morning expected to address the media in Blantyre. Last evening, […]

IMF team in Malawi

Published on May 25, 2022 by Robert Ngwira

The International Monetary Fund (IMF) mission team has arrived in the country for negotiations with government on the new Extended […]

Zambia ex-minister arrested, assets seized over graft

Published on March 24, 2022 by Chisomo Kambale

Zambia’s Drug Enforcement Commission (DEC) has arrested former Foreign Affairs Minister Joe Malanji over money laundering charges. The anti-money laundering […]

Former RBM Deputy Governor Arrested

Published on March 9, 2022 by Robert Ngwira

Information reaching faceofmalawi indicates that former Reserve Bank of Malawi (RBM) Deputy Governor Henry Mathanga has been arrested. According to […]

Mwanamvekha, Kabambe case adjourned to 10 March, 2022

Published on December 20, 2021 by Edgar Naitha

The Lilongwe Magistrate Court has adjourned to 10th March 2022 a case involving two Democratic Progressive Party (DPP) officials, Dalitso […]

Mutharika Oblivious of Falsified IMF Reports

Published on December 15, 2021 by Chisomo Kambale

Former President, Peter Mutharika said that he was not aware that figures presented to the International Monetary Fund (IMF) by […]

Mwanamvekha and Kabambe spent another night in cooler

Published on December 10, 2021 by Chisomo Kambale

Former Malawi Minister of Finance Joseph Mwanamvekha and former Central Bank Governor Dalitso Kabambe who are accused of presenting false […]

World Bank President David Malpass comments on debt cancellation

Published on October 6, 2020 by Edgar Naitha

Last month, during the General Debate of the 75th Session of the United Nations General Assembly (UNGA), President Lazarus Chakwera […]