Tag: Reserve Bank Of Malawi

IMF Executive Board Completes First Review Under the Extended Credit Facility for Malawi and Approves US$20 Million Disbursement

Published on December 20, 2012 by FACE OF MALAWI

The Executive Board of the International Monetary Fund (IMF) completed today the first review of Malawi’s economic performance under a […]

Expert slams bank rate hike

Published on December 13, 2012 by FACE OF MALAWI

An economic expert from Chancellor College has slammed last week’s decision by Reserve Bank of Malawi (RBM) to hike the […]

Rising interest rates to fuel defaults

Published on December 12, 2012 by FACE OF MALAWI

Investment management and advisory firm, Nico Asset Managers says the high costs of borrowing triggered by last week’s upward adjustment […]

Malawi president too powerful – Ecama

Published on December 5, 2012 by FACE OF MALAWI

Economics Association of Malawi (Ecama) wants Presidential mandate of appointing Governor of Reserve Bank of Malawi (RBM) and head of […]

Malawi raises bank rate to 400 basic points to stabilize kwacha, stem inflation

Published on December 4, 2012 by FACE OF MALAWI

The central bank of Malawi raised its benchmark bank rate by 400 basis points to 25.0 percent in an “urgent […]

Malawi banks caught in forex syndicate

Published on December 2, 2012 by FACE OF MALAWI

Syndicates of illegal forex dealers are issuing receipts and stamps of known banking brands to their ‘clients’ to legitimise their […]

Malawi, IMF agree policies for ECF review completion

Published on November 16, 2012 by FACE OF MALAWI

A team from the International Monetary Fund (IMF) visited Lilongwe during October 30-November 15, 2012 for discussions with the Malawian […]

University loan scheme owes MSB K357m

Published on October 30, 2012 by FACE OF MALAWI

Malawi Savings Bank (MSB) has withdrawn from the public university students’ loan scheme and it goes out owed K387 million […]

Malawi advised to ban luxury imports

Published on October 23, 2012 by FACE OF MALAWI

Market analysts have asked government to impose a temporary ban on luxury imports to lessen foreign currency drainage. Capital Alliance […]

Government stops spying on NGOs finances

Published on October 18, 2012 by FACE OF MALAWI

Government through the Reserve Bank of Malawi (RBM) has stopped monitoring money which the country’s Non-governmental Organisations (NGOs) receive from […]

Malawi Stock Market Commentary – Week Ending October 5, 2012

Published on October 7, 2012 by FACE OF MALAWI

Turnover increased to MWK 84.4m from MWK 5.6m registered last week. Active counters during the week were OML (MWK 600, […]

‘Kwacha’s fall will be limited’ – Reserve Bank of Malawi

Published on October 4, 2012 by FACE OF MALAWI

Reserve Bank of Malawi (RBM) Governor Charles Chuka has said the continued depreciation of the Malawi kwacha will eventually reach […]

Reserve Bank of Malawi governor warns on wage increases

Published on September 15, 2012 by FACE OF MALAWI

Reserve Bank of Malawi (RBM) Governor Charles Chuka has warned against the implementation of wage increase as demanded by public […]

Reserve Bank of Malawi launches HIV/AIDS workplace policy

Published on August 16, 2012 by FACE OF MALAWI

The Reserve Bank of Malawi officially launched its HIV and Aids Workplace Policy on 11th August, 2012 at the RBM […]

RBM Governor Charles Chuka, speaks out on economic recovery

Published on July 23, 2012 by FACE OF MALAWI

Reserve Bank of Malawi (RBM) Governor Charles Chuka says political will and patience on the part of the masses will […]

Reserve Bank of Malawi hikes bank rate to 21%

Published on July 14, 2012 by FACE OF MALAWI

The Reserve Bank of Malawi (RBM) on Tuesday raised the bank rate by five percentage points to 21 percent confirming […]

Malawi export earnings drop

Published on July 13, 2012 by FACE OF MALAWI

Malawi exports dropped to K47.3 billion during the first quarter of 2012, down from the estimated K75.9 billion recorded during […]

Petrol and Diesel prices go up by over 30 and 32 percent respectively

Published on May 11, 2012 by FACE OF MALAWI

Malawi has adjusted the petrol and diesel prices upwards after recently adopting a liberalised foreign exchange regime that saw the […]