Tag: Economy

Zambia central bank launches rebased currency

Published on January 2, 2013 by FACE OF MALAWI

Zambia’s central bank launched its rebased kwacha currency on Tuesday, removing three zeros from new denominations which will run side […]

Malawi analysts look for improved politics, economy in 2013

Published on December 29, 2012 by FACE OF MALAWI

Malawi political scientists and human rights campaigners are looking back at 2012 as a year of both progress and setbacks. […]

Malawi’s economy to recover in 11 months, says govt

Published on December 28, 2012 by FACE OF MALAWI

Economic Planning Minister Goodall Gondwe says he is confident the local economy will recover in the next 11 months. Gondwe […]

Malawians celebrate Christmas amid economic hustles

Published on December 26, 2012 by FACE OF MALAWI

Most Malawians are spending cautiously during this year’s festive season as they continue to face the rise in the cost […]

MALAWI’S INEVITABLE CYCLE OF DISCONTENT: Reflections from 2012

Published on December 26, 2012 by FACE OF MALAWI

In this article, I argue that there is an inevitable cycle of discontent in Malawi that is as hard-wired into […]

University of Malawi closed untill further notice

Published on December 24, 2012 by FACE OF MALAWI

All university of Malawi constituent colleges (Kamuzu College of Nursing, College of Medicine, Chancellor College, Polytechnic) have been closed indefinitely. […]

Malawi should have proper national priorities

Published on December 23, 2012 by FACE OF MALAWI

Amidst the spectre of hunger afflicting over 1.6million of our citizens, recurring shortages of fuel and forex, we as a […]

Banks record 22% growth in assets

Published on December 21, 2012 by FACE OF MALAWI

Malawi’s commercial banks registered a total balance sheet growth of over 22 percent in the year 2011 despite the economic […]

IMF Executive Board Completes First Review Under the Extended Credit Facility for Malawi and Approves US$20 Million Disbursement

Published on December 20, 2012 by FACE OF MALAWI

The Executive Board of the International Monetary Fund (IMF) completed today the first review of Malawi’s economic performance under a […]

Malawi-Angola: Food crises and response

Published on December 18, 2012 by FACE OF MALAWI

Prolonged dry spells have driven almost four million people to food insecurity in Malawi and oil-rich Angola, in Southern Africa. […]

‘I want Malawians to say our country became a better place’ says Joyce Banda

Published on December 18, 2012 by FACE OF MALAWI

The Malawi president and award-winning gender activist on the pressure of steering the country through economic crisis. She is southern […]

Malawians expects a lot from Joyce Banda

Published on December 18, 2012 by FACE OF MALAWI

The barrage of criticism that President Joyce Banda has been receiving over the past months may have left her wondering […]

Fertilizer subsidy budget overruns

Published on December 18, 2012 by FACE OF MALAWI

Malawi government is expected to spend beyond the K42 billion it budgeted for this year’s Farm Input Subsidy Programme – […]

Goodall Gondwe not in cabinet for his own interests

Published on December 15, 2012 by FACE OF MALAWI

Newly appointed Malawi Economic Development Minister Goodal Gondwe says he has not joined the cabinet to seek protection on his […]

EU releases K17bn budget support

Published on December 14, 2012 by FACE OF MALAWI

The European Union (EU) has released K 17 billion as budgetary support to Malawi. This is the first tranche of […]

Govt cuts spending on travel and assets

Published on December 14, 2012 by FACE OF MALAWI

Government has introduced nine expenditure control measures among them the suspension of all government funded external travel and procurement of […]

Faulting John Kapito, Joyce Banda ‘flipped’ cabinet

Published on December 13, 2012 by FACE OF MALAWI

Consumer Association of Malawi (Cama) Executive Director John Kapito is one gifted activist who is never short of words and […]

Malawi should remain on course with reforms

Published on December 9, 2012 by FACE OF MALAWI

It is pleasing to learn that one of the country’s major bilateral donor, Britain, has resuming aid to Malawi almost […]