Tag: Charles Chuka

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 […]

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 […]

Lipenga in Washington for IMF/World Bank spring meetings

Published on April 19, 2013 by FACE OF MALAWI

A Malawi delegation of three finance authorities is in Washington DC, USA to attend a three day International Monetary Fund […]

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 […]

Kwacha is still under control, says RBM Governor

Published on March 20, 2013 by FACE OF MALAWI

Reserve Bank Governor, Charles Chuka , says the central bank has not lost grip of the exchange rate, claiming the […]

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 […]

Government worsening kwacha plunge

Published on March 2, 2013 by FACE OF MALAWI

Over-expenditure in government has been blamed for worsening the depreciation of the Malawi kwacha whose rollercoaster fall saw it slipping […]

Kwacha weakens to its lowest since 1993

Published on January 29, 2013 by FACE OF MALAWI

Malawi’s kwacha, the worst- performing currency this year, dropped to its lowest in almost a decade as the Southern African […]

Don’t use NSO as scapegoat

Published on January 14, 2013 by FACE OF MALAWI

President Joyce Banda and her trusted lieutenants on economic reforms—Reserve Bank of Malawi (RBM) Governor Charles Chuka and Finance Minister […]

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 […]

RBM drills lending officers on Basel II

Published on November 29, 2012 by FACE OF MALAWI

The Reserve Bank of Malawi (RBM) is equipping commercial bank staff responsible for credit and operational risk management on how […]

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 […]

Malawi economy close to recession

Published on October 8, 2012 by FACE OF MALAWI

Reserve Bank of Malawi (RBM) Governor Charles Chuka has disclosed that the Malawi economy is expected to shrink further this […]

Malawi inflation now at 26%

Published on September 18, 2012 by FACE OF MALAWI

Malawians need to dig deeper in their pockets to buy basic necessities as inflation for the month of August accelerated […]

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 Governor Charles Chuka mocks banks

Published on July 26, 2012 by FACE OF MALAWI

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

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 […]