Business

Reserve bank Governor Charles Chuka mocks banks

Reserve Bank of Malawi (RBM) Governor Charles Chuka has said he is puzzled at commercial banks’ insistence to lend money […]

Joyce Banda applaud IMF’s decision to award Malawi new loan

Malawi President Joyce Banda on Tuesday applauded the Executive Board of the International Monetary Fund (IMF) for approving a new […]

IMF Executive Board Approves New US$ 156.2 Million Extended Credit Facility Arrangement for Malawi

The Executive Board of the International Monetary Fund (IMF) today approved a new three-year arrangement for Malawi under the Extended […]

RBM Governor Charles Chuka, speaks out on economic recovery

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

Malawi aid champions Joyce Banda’s agenda

Erieka Bennett, head of the AU Diaspora Forum, says Malawi’s Joyce Banda represents the type of leadership that Africa needs […]

Forex availability has improved – Lipenga

The recent devaluation and the removal of control of forex have helped to improve the availability of forex in Malawi, […]

African Development Bank gives Malawi $40 million

The African Development Bank on Friday gave impoverished Malawi $40 million in budget help, just days after two of the […]

World Bank approves US$150 million to Malawi to support current reform program to stabilize the economy

The World Bank’s Board of Executive Directors approved US$150 million to Malawi to support the government with its current reform […]

Reserve Bank of Malawi hikes bank rate to 21%

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

Malawi export earnings drop

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

Millennium Challenge Corporation CEO visits Malawi

Millennium Challenge Corporation (MCC) Chief Executive Officer, Daniel Yohannes is expected to meet President Joyce Banda on the implementation of […]

Citizen Insurance workers query RBM over salaries

Sixty members of staff and two executive directors at Citizen Insurance Company — whose closure by the Reserve Bank of […]

Malawi bans Chinese retailers to trade in rural areas

It’s now official that Chinese traders owning retail shops in rural areas have to move to towns and cities by […]

Malawi under scrutiny at World Bank forum

MALAWI is one of the African countries participating and whose recent public policies are under scrutiny at a World Bank-organized […]

Petroda staff demand salary increment

Junior employees of Petroda Malawi Limited went on strike Tuesday in an attempt to force their management to effect a […]

Malawi passes K408 billion budget, paving way for donor funds

Malawi parliament passed a vital national budget on Wednesday needed to unleash more funding from the International Monetary Fund and […]

Amended Pensions Act to punish workers

THE amendment of the Pens ions Ac t will see employees losing out on savings as government benefits from taxation, […]

Accountants strategise on economic recovery

The country’s top accountants met in Blantyre on Friday evening to draw a roadmap for Malawi’s economic recovery during the […]