Tag: Reserve Bank of Malawi (RBM)

RBM Confirms IMF Team Visit

Published on May 21, 2025 by Edgar Naitha

Reserve Bank of Malawi (RBM) Governor MacDonald Mafuta Mwale has confirmed that an International Monetary Fund (IMF) delegation will arrive […]

Fear of Inflation and Currency Devaluation Driving Price Hikes in Malawi

Published on February 11, 2025 by Evance Kapito

Speculation surrounding inflation and potential currency devaluation is significantly contributing to rising prices of goods and services in Malawi, financial […]

Reserve Bank of Malawi Dismisses Rumors of Kwacha Devaluation

Published on December 3, 2024 by Evance Kapito

The Reserve Bank of Malawi (RBM) has strongly refuted widespread rumors claiming a significant devaluation of the Malawian Kwacha. Social […]

Malawi to Send Delegation to Zambia Over Alleged $42 Million Money Laundering Scheme

Published on July 18, 2024 by Edgar Naitha

Before the week concludes, a Malawian delegation is expected to head to Zambia to delve into an alleged attempt to […]

RBM REJECTS DEVALUATION OF KWACHA RUMOURS

Published on May 10, 2024 by Alice Mazinga

The Reserve Bank of Malawi (RBM) has rejected rumors circulating on social media about ‘an imminent devaluation of the Kwacha’. […]

99 PERCENT OF MALAWIANS ALEFT OUT OF FINANCIAL INVESTMENT

Published on April 12, 2024 by Alice Mazinga

Kenya –Based SME support Centre has revealed that 99 percent of Malawi’s adult population are left out of financial Investment. […]

Malawi Kwacha Devalues By 3%

Published on March 21, 2024 by Evance Kapito

The Malawi kwacha has depreciated by three percent and will now be trading at K1 751 to dollar following foreign […]

World Bank through RBM disburse K36 billion to 36,000 business projects

Published on April 20, 2023 by Evance Kapito

The World Bank through the Reserve Bank of Malawi (RBM) has disbursed thirty six billion kwacha to thirty six thousand […]

RBM ESTABLISHES STABILIZATION FUNDS

Published on November 28, 2022 by Alinafe Gamaliel

The Reserve Bank of Malawi (RBM) has established the Stabilization Fund which aims at compensating or calming down the victims […]

IMF Staff concludes review mission in Malawi

Published on November 12, 2014 by Face of Malawi

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The […]

RBM Governor, Chief Secretary summoned by PAC to give cashgate updates

Published on October 23, 2014 by Face of Malawi

The Public Accounts Committee(PAC) of Malawi parliament has summoned the Reserve Bank of Malawi (RBM) and the Chief Secretary to […]

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 […]

Malawi sees 36% increase In tobacco exports

Published on July 8, 2014 by Face of Malawi

Malawi, one of the world’s largest tobacco producers, has realised a 36 percent increase in tobacco exports in first half period […]

Reserve Bank Of Malawi Sees Financial Literacy Week As Opportunity To Boost Bankable Population

Published on December 11, 2013 by FACE OF MALAWI

The ongoing Financial Literacy Week, first of its kind in the country, which is running under the theme; Promoting Financial […]

RBM says Malawi should brace for tough economic times

Published on November 18, 2013 by FACE OF MALAWI

There is a gloomy sky ahead of us, that is the message that Reserve Bank of Malawi governor, Charles Chuka, […]

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 […]

PAC summons RBM governor over Cashgate scandal

Published on October 28, 2013 by FACE OF MALAWI

The Public Accounts Committee of Parliament (PAC) has summoned the Reserve Bank of Malawi governor, Charles Chuka, over the leaking […]

‘Malawi Kwacha on sound footing’

Published on May 8, 2013 by FACE OF MALAWI

The Malawi kwacha continues to appreciate it’s value against the US Dollar as the exchange rate is at least down […]