Tag: Economy

IMF chief to visit Malawi

Published on October 18, 2012 by FACE OF MALAWI

International Monetary Fund (IMF) Managing Director Christine Lagarde is scheduled to visit Malawi in what would be the first every […]

EU to sign a new financial agreement with Malawi

Published on October 17, 2012 by FACE OF MALAWI

The European Union-EU has said it will sign a new financial agreement with Malawi before the end of this year. […]

Poll shows Joyce Banda has failed to meet expectations

Published on October 15, 2012 by FACE OF MALAWI

After only 100 days in power, the Joyce Banda administration went to town to celebrate what it called numerous successes. […]

On Malawi’s worsening poverty

Published on October 12, 2012 by FACE OF MALAWI

It does not need a professor of economics to prove that poverty levels are high in Malawi and that it […]

Economic future in government hands

Published on October 12, 2012 by FACE OF MALAWI

All of us have a role to play in the economic recovery process of the country but the largest responsibility […]

Malawi external debt hits US$1.1 billion

Published on October 11, 2012 by FACE OF MALAWI

Malawi’s Ministry of Finance says the country’s debt levels have reached US$1.1 billion in July this year as the rate […]

JB calls for patience on economic recovery

Published on October 9, 2012 by FACE OF MALAWI

President Joyce Banda has asked Malawians to be patient as she is doing everything possible to turn around the country’s […]

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 […]

Donors yet to release K7.1 billion in grants

Published on October 8, 2012 by FACE OF MALAWI

Malawi’s donors are yet to release about K7.1 billion (about $23.7 million) in dedicated grants for the first quarter of […]

Malawi Stock Market Commentary – Week Ending October 5, 2012

Published on October 7, 2012 by FACE OF MALAWI

Turnover increased to MWK 84.4m from MWK 5.6m registered last week. Active counters during the week were OML (MWK 600, […]

World Bank calls for job creation

Published on October 7, 2012 by FACE OF MALAWI

World Bank has said Malawi just like most other African countries should put concerted efforts in creating employment for its […]

Bingu wa Mutharika’s regime to blame for slowing of Malawi economy, key donors say

Published on October 5, 2012 by FACE OF MALAWI

Malawi’s economic performance has slowed down way below the earlier projection of 4.3 percent, Finance Minister Ken Lipenga acknowledged on […]

IMF Calls for Patience on Economic Recovery

Published on October 2, 2012 by FACE OF MALAWI

Amid rough economic times in Malawi, the International Monetary Fund on Monday pleaded for patience from Malawians to give the […]

More cuts needed, pundits tell govt

Published on October 2, 2012 by FACE OF MALAWI

Opposition politicians and experts have asked President Joyce Banda to initiate more cuts on over-expenditure apart from the symbolic 30 […]

Stop irritating Malawians and using the past for your defence, Kapito tells govt

Published on September 30, 2012 by FACE OF MALAWI

After high heat levels on the K308 million (about $1.1m) expenditure on the UN trip, State House looked to the […]

Ireland calls for quick appointment of ACB Director

Published on September 30, 2012 by FACE OF MALAWI

The Irish Ambassador to Malawi Mrs. Liz Higgins has urged the southern African country to quickly appoint a new Director […]

Fuel shortage hits Blantyre

Published on September 29, 2012 by FACE OF MALAWI

There is panic amongst motorists and members of the public in Malawi’s commercial capital, Blantyre following continued fuel shortages in […]

Economists back JB’s bloated entourage to UN

Published on September 25, 2012 by FACE OF MALAWI

The 308 million kwacha UN assembly trip by President Joyce Banda and her 33 member entourage is receiving support from […]