Germany gives Malawi €5 million for Budget Support
Published on December 6, 2012 by FACE OF MALAWI
Germany has finally released €5 million of budget support to Malawi that was previously held back and a further €3.5 […]
Tag: Economy
African Development Bank commits US$3 million for Shire-Zambezi water way project
Published on November 30, 2012 by FACE OF MALAWI
African Development Bank ADB has committed US$ 3.1 million to fund feasibility study for the Shire Zambezi water way project […]
JB allays fears over fuel
Published on November 26, 2012 by FACE OF MALAWI
…says PTA Bank to provide US$250m credit …assures supplies will normalise Dec-April President Joyce Banda says fuel supplies will normalise […]
Malawi Economy: More questions than answers
Published on November 26, 2012 by FACE OF MALAWI
It appears the honeymoon is over. People have started asking the PP led government tough questions and are expecting satisfactory […]
Malawi debt hits 54% of GDP
Published on November 23, 2012 by FACE OF MALAWI
The massive devaluation and subsequent depreciation of the kwacha has resulted in the country’s total debt stock swelling to 54 […]
Malawi economy under stagflation
Published on November 22, 2012 by FACE OF MALAWI
The local economy is going through a stagflation process, which is a condition of slow economic growth and relatively high […]
Finance Bank re-opening in Malawi hangs in balance due to past money laundering record
Published on November 22, 2012 by FACE OF MALAWI
In May this year, Finance Bank Zambia owner Rajan Mahtani announced that he will re-open his branches in Malawi which […]
Well done on Air Malawi
Published on November 21, 2012 by FACE OF MALAWI
News that Capital Hill has finally come to its senses to liquidate national flag carrier, Air Malawi, and form another […]
EU to give Malawi K40 billion
Published on November 21, 2012 by FACE OF MALAWI
The European Union is today, expected to give Malawi €98 million (about K40 billion) aimed at stabilising the ailing economy […]
Foreign lenders still doubtful on Malawi
Published on November 20, 2012 by FACE OF MALAWI
International Monetary Fund (IMF) Mission Chief for Malawi Tsidi Tsikata has said international lenders have adopted a wait-and-see attitude on […]
Of leadership jaundice
Published on November 19, 2012 by FACE OF MALAWI
Sometimes it is good to accept what people say about you. Successful citizens or good leaders always take into account […]
Clouds on horizon for Malawi tobacco farmers
Published on November 17, 2012 by FACE OF MALAWI
Government officials and health experts from around the world are meeting this week in South Korea to discuss a series […]
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 Parliament approves US$10m loan from Arab Bank
Published on November 15, 2012 by FACE OF MALAWI
Malawi Parliament passed a bill on Monday that will allow the government to borrow K3 billion (at least US$10 million) […]
Kachali to blame on Atupele’s resignation
Published on November 14, 2012 by FACE OF MALAWI
A renowned economic commentator has backed Atupele Muluzi’s resignation as Minister of Economic Planning and Development, saying Vice President Khumbo […]
Malawi Parliament passes bill to allow govt borrow money from Arab Bank for economic development
Published on November 13, 2012 by FACE OF MALAWI
Malawi Parliament passes a bill that will allow the government to borrow K3 billion from the Arab Bank for economic […]
Don’t abandon reforms—Ecama tells JB
Published on November 12, 2012 by FACE OF MALAWI
The Economics Association of Malawi (Ecama) has asked President Joyce Banda not to abandon the current economic reforms taking place […]
Malawi revises down growth forecast again
Published on November 8, 2012 by FACE OF MALAWI
The Ministry of Finance has once again revised downwards the 2012 economic growth outlook for the country to 1.4 percent, […]