Tag: Devaluation

Malawi needs new economic strategy, not just devaluation

Published on June 1, 2012 by FACE OF MALAWI

The sudden death of Malawi’s third president, Prof. Bingu Mutharika caught the whole country by surprise. Suddenly Malawi has a […]

Malawians left counting rising cost of living after devaluation

Published on May 26, 2012 by FACE OF MALAWI

A sizeable devaluation of Malawi’s currency, aimed at reinvigorating the economy and wooing back international donors, has triggered steep increases […]

Wage crisis hits Malawi

Published on May 24, 2012 by FACE OF MALAWI

Survival in Malawi has become a balance between the rising cost of living and stagnant wages; a situation experts say […]

Malawi Hopes to heal economy through devaluation, which has hit the poor hard

Published on May 18, 2012 by FACE OF MALAWI

As Malawi’s poor struggle to afford food and other staple items since the 48 percent devaluation of the local currency […]

Mera warns on fuel hikes

Published on May 12, 2012 by FACE OF MALAWI

The Malawi Energy and Regulatory Authority (Mera) has warned it will revoke licenses or impose a fine on fuel dealers […]

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 […]

The System, not Ken Lipenga, should go

Published on May 11, 2012 by FACE OF MALAWI

It pains me to realize that all of a sudden we have woken up and behaving as if we are […]

Tobacco farmers satisfied with devaluation

Published on May 9, 2012 by FACE OF MALAWI

Tobacco farmers in Malawi have expressed satisfaction with the devaluation of the kwacha, describing it as a positive development. Speaking […]

Closed forex bureaus to re-open as Kwacha has been finally to devalued by 60%

Published on May 7, 2012 by FACE OF MALAWI

Malawians are expected to feel the pinch as final decision to devalue the Kwacha is expected to be implemented tomorrow […]

Turning point for Malawi’s ailing economy.The dreamer is gone but the dream lives on

Published on April 25, 2012 by FACE OF MALAWI

Bingu the visionary in leadership maintained his visionaries even in death. Bingu who died on April 6, 2012, walked his last […]

Malawi caught up in political party funding maze

Published on March 31, 2012 by FACE OF MALAWI

Lilongwe – In 2005, the year President Bingu wa Mutharika ditched the United Democratic Front (UDF), the party that sponsored […]

Cama challenges government on devaluation

Published on March 12, 2012 by FACE OF MALAWI

The Consumers Association of Malawi (Cama) has challenged President Bingu wa Mutharika on his claims that devaluation would lead to […]

No IMF programme, no donor support, EU envoy tells Malawi

Published on February 23, 2012 by FACE OF MALAWI

Malawi should forget about getting balance of payment support from its key donors any time soon in the absence of […]

MCCCI challenges Malawi govt on forex generation

Published on February 7, 2012 by FACE OF MALAWI

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has challenged Capital Hill to provide the private sector with […]