Business

British MPs question Joyce Banda decisions

Britain’s House of Commons International Development Committee has put in the spotlight some of Malawi President Joyce Banda’s decisions, including […]

Govt closes Asian shops in Lilongwe

Malawi government on Tuesday closed down four shops belonging to Malawians of Asian origin in the capital, Lilongwe for failing […]

IMF warns Malawi on donor aid dependency

The International Monetary Fund (IMF) has warned that unless Malawi weans itself off donor aid, the country faces an uncertain […]

Stock market gains momentum after Kwacha’s devaluation

A number of potential companies among other customers are making inquiries to list on the stock market following the devaluation […]

Malawi’s buying power improving – Analysts

Market analysts say the country’s foreign reserves are on their way to recovery owing to the resumption of the International […]

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 […]