Malawi’s Foreign Exchange Reserves Depleted, Expert Urges Devaluation Of Kwacha
Published on June 9, 2023 by Edgar Naitha
The Reserve Bank of Malawi (RBM) has stated that the country’s foreign exchange reserves are severely depleted and will not […]
Tag: kwacha
Malawians React To Devaluation Of Kwacha
Published on May 27, 2022 by FACE OF MALAWI
Following the announcement made by Reserve Bank of Malawi (RBM) on Thursday, 27 May 2022 that Malawi Kwacha has devalued […]
Zambian Kwacha Loses Value
Published on April 16, 2019 by FACE OF MALAWI
The Kwacha is tumbling against the US dollar and other convertible currencies. It is now trading at $1 to 12.5 […]
President Mutharika vows crackdown on graft
Published on June 23, 2014 by Face of Malawi
Malawi’s new President Peter Mutharika on Tuesday vowed to crack down on corruption after a multi million dollar graft scandal […]
Malawi govt plans to address ‘Cashgate’
Published on June 18, 2014 by Face of Malawi
Malawi’s new President Peter Mutharika says his administration has formulated a comprehensive action plan to decisively deal with “Cashgate”, the […]
Will the new government and local councils improve service delivery in Malawi?
Published on June 14, 2014 by Face of Malawi
Local administration and service provision are failing in Malawi. Overall human development indicators have improved in the past couple of decades (e.g. […]
Why Joyce Banda lost Malawi’s presidency
Published on June 9, 2014 by Face of Malawi
On Sunday May 18, 2014 just two days before Malawians went to polls, the Malawi director of information asked me […]
Lake Malawi Talks: Which way after Malawi polls?
Published on June 9, 2014 by Face of Malawi
It is clear, the lake border dispute talks between Tanzania and her Southern neighbour Malawi over Lake Nyasa have hit […]
Joyce Banda never existed
Published on June 5, 2014 by Face of Malawi
Banda was considered by much of the West to be a new kind of African leader, but Malawians knew otherwise […]
Malawian president Joyce Banda faces electoral humiliation – and possibly jail
Published on May 30, 2014 by Face of Malawi
“I learned that leadership is about falling in love with the people and the people falling in love with you. […]
Malawi vote recount may take up to a month
Published on May 26, 2014 by Face of Malawi
Malawi is only likely to have an official result of its chaotic 20 May election in 30 days, as the […]
TREASURY BILLS INTEREST RATES DECLINING
Published on March 3, 2014 by FACE OF MALAWI
Government’s appetite to local borrowing which has fueled higher interests rates in treasury bills has attracted more people to invest […]
KWACHA APPRECIATION NEGATIVE TO TOBACCO FARMERS
Published on February 25, 2014 by FACE OF MALAWI
Agricultural experts have alleged that the recent appreciation of the local currency is a tactic aimed at stealing from Tobacco […]
CashGate Forensic Audit report a joke?
Published on February 24, 2014 by Face of Malawi
The Forensic Audit report into the financial scandal at Capital Hill has revealed that 13.6 billion Kwacha of public funds […]
Fuel prices go up effective Tuesday morning: Petrol from K737.60 to K760.00, Diesel from K730.90 to K770.20.
Published on November 11, 2013 by FACE OF MALAWI
The Malawi Energy Regulatory Authority (MERA) has announced new fuel prices effective 6AM tomorrow. The new prices are as follows:- […]
Kwacha loses value
Published on September 18, 2013 by FACE OF MALAWI
The improvement in the economy of Malawi was a farce if the current economic progressions are anything to go by. […]
Malawian public servant arrested over K120 million cash
Published on September 11, 2013 by FACE OF MALAWI
An Accounts Assistant for the Ministry of Environment and Climate Change Patrick Sithole has been arrested for alleged illegal possession […]
ESCOM blown 1.4 Billion Kwacha to buy its managers a new fleet of vehicles.
Published on August 21, 2013 by FACE OF MALAWI
Consumers are threatening to take action, following revelations that the country’s sole electricity provider ESCOM has blown 1.4 Billion Kwacha […]