Tag: Economy

Malawi Nominated as Awards Finalist in the 2012 Safari Awards

Published on July 19, 2012 by FACE OF MALAWI

Malawi has been nominated as an awards finalist in the ŒBest African Tourism Board in Africa category in the 2012 […]

Low prices worry cotton growers

Published on July 18, 2012 by FACE OF MALAWI

Cotton growers in Chikhwawa district, southern Malawi, have expressed worry over continued low prices for the crop currently fetching K95 […]

DPP’s Peter Mutharika trashes coup plot

Published on July 16, 2012 by FACE OF MALAWI

Acting President for the former ruling Democratic Progressive Party (DPP), Peter Mutharika has described as untrue reports that there were […]

Why aid money has returned to Malawi

Published on July 15, 2012 by FACE OF MALAWI

Under the mercurial President Bingu wa Mutharika, Malawi was a country that seemed eager to pick fights with aid donors, […]

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 […]

Govt to computerize boarder operations

Published on July 2, 2012 by FACE OF MALAWI

Malawi government is planning to introduce a computerized system in the country’s borders to restrict the entry of illegal immigrants. […]

Accountants strategise on economic recovery

Published on June 27, 2012 by FACE OF MALAWI

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

Malawi to get nearly $500 million in budget aid

Published on June 17, 2012 by FACE OF MALAWI

Malawi’s donors have pledged $496 million in budget support for the 2012/13 financial year, more than double pledges for the […]

President Joyce Banda and Malawi’s Economic Development

Published on June 16, 2012 by FACE OF MALAWI

Joyce Banda, Malawi’s new president, is off to a great start. I cheered when she assumed the top job in […]

EU pumps $56 million into Rural Infrastructure Development

Published on June 16, 2012 by FACE OF MALAWI

Head of European Commission to Malawi, Alexander Baum, has announced that the European Union will pump more money into the […]

IMF happy with Malawi 2012 national budget

Published on June 15, 2012 by FACE OF MALAWI

The International Monetary Fund (IMF) on Monday hailed Malawi’s 2012/13 K406 billion budget presented last Friday and describing it as […]

Funds raised by Joyce So far

Published on June 13, 2012 by FACE OF MALAWI

Donor                                                 Amount World bank                                  […]

Exit ‘zero deficit’ enter national ‘recovery’ budget

Published on June 9, 2012 by FACE OF MALAWI

Finance Minister Ken Lipenga on Friday tabled a K406 billion (about $1.6 billion) 2012/13 national budget which, although it provides […]

British aid not tied to gay rights

Published on June 4, 2012 by FACE OF MALAWI

The British government has denied legalising gay relationships is a precondition that it has set for Malawi to be a […]

Africa leaking billions in capital flight, report

Published on May 31, 2012 by FACE OF MALAWI

Africa lost $18.4 billion annually between 1970 and 2008 as a result of capital flight, a new report shows. The […]

Bank of England to help Malawi’s economic recovery

Published on May 26, 2012 by FACE OF MALAWI

The Bank of England is expected to dispatch one of its economic experts to Malawi to help the country deal […]

Joyce Banda to reinstate good political and economic governance

Published on May 21, 2012 by FACE OF MALAWI

President Joyce Banda on Friday addressed Parliament for the first time since assuming office spelling out her dream for a […]

MALAWI: Bumpy road to economic recovery

Published on May 19, 2012 by FACE OF MALAWI

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