Malawi Kwacha plummets again, by 16% this time
Published on October 7, 2013 by FACE OF MALAWI
Those who said the Kwacha’s gaining of power was due to nothing but the tobacco being sold at the auction […]
Tag: Reserve Bank Of Malawi
Malawi in a deeper financial crisis
Published on October 4, 2013 by FACE OF MALAWI
Malawi Congress Party’s Felix Jumbe who is also former President of the Farmers’ Union of Malawi (FUM) claims Malawi is […]
Malawi government interdicts 3 over K51 million
Published on June 13, 2013 by FACE OF MALAWI
Government has interdicted three officials from the Ministry of Disability, Transport and Public Works and Accountant General’s Department for allegedly […]
TNM launches mobile banking
Published on May 3, 2013 by FACE OF MALAWI
Telekom Networks Malawi Limited (TNM) has launched a mobile banking facility, called TNM Mobile Money. TNM Head of Marketing Division, […]
The rise and fall of John Tembo
Published on April 29, 2013 by FACE OF MALAWI
Advisory: the life story of John Tembo is long and multi-faceted, hence, this write-up, cannot be short The Basics: He […]
Meg Kajiyanike appointed deputy governor Reserve Bank of Malawi
Published on April 17, 2013 by FACE OF MALAWI
Demonstrating her commitment towards empowering women through appointments into higher positions, President Joyce Banda has appointed Meg Kajiyanike as the […]
Deputy governor Mary Nkosi retires from Reserve Bank
Published on April 14, 2013 by FACE OF MALAWI
Long-serving Reserve Bank of Malawi (RBM) deputy governor Mary Nkosi retires from the central bank tomorrow after 10 years of […]
‘Cut the chaff’:No wonder, IMF policies don’t work for the poor
Published on April 13, 2013 by FACE OF MALAWI
In Weekend Nation newspaper, popular columnist Ephraim Munthali of the ‘Cut the chaff‘continues to critique the economic performance of President Joyce Banda. Here if […]
Malawi Kwacha floating, automatic fuel pricing to remain permanent- Reserve Bank
Published on April 11, 2013 by FACE OF MALAWI
Reserve Bank of Malawi (RBM) has disclosed that some measures government adopted to bring back the economy on track are […]
Govt depletes pay out budget
Published on March 16, 2013 by FACE OF MALAWI
Malawi Government has depleted the K1.1 billion (about $3.06 million) budget for compensations in the 2012/13 fiscal year. According to […]
Inflation hits 35.1%
Published on March 7, 2013 by FACE OF MALAWI
Malawi’s headline inflation surged by 0.5 percentage points in January to hit 35.1 percent from 34.6 percent in December as […]
EU backs Joyce Banda administration on reforms
Published on March 5, 2013 by FACE OF MALAWI
The European Union (EU) has said Malawi’s economic hardships resulting from donor-driven reforms would continue even if Malawians voted out […]
Rising external debt worries Reserve Bank
Published on February 6, 2013 by FACE OF MALAWI
The Reserve Bank of Malawi (RBM) says the supersonic speed at which the country’s external debt grew after April 2012 […]
Malawi banks risk shrinking forex business
Published on February 5, 2013 by FACE OF MALAWI
Malawi’s commercial banks are risking a reduction in foreign exchange business due to the prevailing global liquidity shortages, the Reserve […]
Experts doubt ERP success
Published on January 28, 2013 by FACE OF MALAWI
ECONOMIC experts have expressed doubts that the Economic Recovery Plan (ERP), instituted by the Joyce Banda administration last year to […]
Malawi Central Bank powerless on managing kwacha
Published on January 24, 2013 by FACE OF MALAWI
As the countdown to a 21 day ultimatum to the government by the country’s consumers continues, the Reserve Bank of […]
Inflation hits 33.3%
Published on December 24, 2012 by FACE OF MALAWI
Malawians will tomorrow join the rest of the world in celebrating Christmas, the birth of Jesus Christ, a man Christians […]
Banks record 22% growth in assets
Published on December 21, 2012 by FACE OF MALAWI
Malawi’s commercial banks registered a total balance sheet growth of over 22 percent in the year 2011 despite the economic […]