Reserve Bank of Malawi explains ‘cash transferring rumour’
Published on June 29, 2020 by FACE OF MALAWI
The Reserve Bank of Malawi (RBM) has dismissed rumours that its Governor authorised transfer of billions of Kwacha into an […]
Tag: Mbane Ngwira
DECLINING OIL PRICES OFFER LITTLE RELIEF—RBM
Published on April 3, 2020 by FACE OF MALAWI
The Reserve Bank of Malawi (RBM) says the declining global oil prices due to the coronavirus (Covid-19) pandemic offers little […]
KWACHA RESPONDING TO GLOBAL TRENDS —CHILIMA
Published on April 2, 2020 by FACE OF MALAWI
An economic expert has rated as temporal the current stability of local unit, the kwacha against major trading currencies on […]
ACB seizes money amounting to MK166 million from Chaponda’s house
Published on February 22, 2017 by Robert Ngwira
The Anti-Corruption Bureau (ACB) on Tuesday confiscated money totalling MK166 million from Minister of Agriculture, Irrigation and Water Development George […]
Man arrested for being in possession of three fake K2000 bank notes
Published on December 30, 2016 by Robert Ngwira
Police at Khunga police station in Nkhotakota have arrested a man who they suspect to have been found in possession […]
MALAWI KWACHA NOW SELLING AT 595 AGAINST DOLLAR
Published on September 2, 2015 by Robert Ngwira
Malawians should brace for more tough times ahead following the continued depreciation of the Kwacha against major foreign currencies. According […]
Reserve Bank of Malawi confirms the return of Zambian Finance Bank
Published on September 15, 2014 by Face of Malawi
The Reserve Bank of Malawi (RBM) says the newly-licensed New Finance Bank will operate under a normal regulatory framework and […]
RBM INVESTIGATING WHETHER MONEY STOLEN FROM STANDARD BANK’S MZUZU BRANCH BELONGED TO THEM
Published on September 8, 2014 by FACE OF MALAWI
The Reserve Bank of Malawi (RBM) has said it will institute a thorough investigation to determine whether the K500 million […]
RBM DOWNPLAYS CAMPAIGN INFLATION PRESSURE
Published on April 23, 2014 by Robert Ngwira
Authorities have downplayed threats that the politicians’ cash splashing campaign may orchestrate inflation-rise in the run up to the May […]
Chuka snubs PAC on resignation
Published on November 14, 2013 by FACE OF MALAWI
Reserve Bank of Malawi governor, Charles Chuka, has told the Parliamentary Accounts Committee (PAC) which called for his resignation a […]