Tag: finance

Rising external debt worries Reserve Bank

Published on February 6, 2013 by FACE OF MALAWI

The Reserve Bank of Malawi (RBM) says the supersonic speed at which the country’s external debt grew after April 2012 […]

Hope fades as economy squeezes Malawians

Published on January 14, 2013 by FACE OF MALAWI

As Malawians continue to groan under the yoke of economic reforms, pessimism clouds their outlook for 2013 as hope fades […]

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 […]

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 […]

US trashes Chinese aid to Malawi

Published on December 16, 2012 by FACE OF MALAWI

A leaked cable by former US ambassador to Malawi Peter Bodde to Washington has trashed Chinese aid to Malawi, describing […]

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 […]

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 […]

Fuel shortages to continue in Malawi

Published on November 21, 2012 by FACE OF MALAWI

Malawi will continue to face erratic fuel supply because the country’s international suppliers do not still have confidence in the […]

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 […]

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, […]

Political parties dismiss Pac’s resolution

Published on November 8, 2012 by FACE OF MALAWI

Political parties in the country have dismissed the resolution Public Affairs Committee (Pac) came up with at its conference last […]

Malawi’s Economy: A mountain too high to climb?

Published on November 7, 2012 by FACE OF MALAWI

Since April 2012, when Joyce Banda took over the running of the government from late Bingu wa Mutharika, Malawians have […]

IMF team starts tour of duty

Published on November 4, 2012 by FACE OF MALAWI

A three day multi stakeholder’s conference on the Malawi economy started Friday in the capital Lilongwe with International Monetary Fund […]

Why heavily spend forex on fertiliser for maize when it doesnt earn back the forex?

Published on November 3, 2012 by FACE OF MALAWI

Blantyre –based business magnate Jimmy Korea Mpatsa has faulted the country’s huge foreign exchange expenditure on fertilizer whose produce maize […]

Malawi govt should learn from costly decisions

Published on November 2, 2012 by FACE OF MALAWI

nce again, we are seeing poor decision-making by the government costing taxpayers hundreds of millions of kwacha in claims by […]

Lipenga upbeat on IMF

Published on November 1, 2012 by FACE OF MALAWI

Finance Minister Ken Lipenga admits that the International Monetary Fund (IMF) staff mission team, which arrived in the country yesterday […]