Tag: forex

RBM, Energy ministry contradict on forex availability

Published on September 22, 2012 by FACE OF MALAWI

Energy authorities and the Reserve Bank of Malawi (RBM) are giving contradictory statements on foreign exchange availability on the market. […]

Forex shortage continue in Malawi as govt fails to procure fuel

Published on September 18, 2012 by FACE OF MALAWI

The problem of foreign exchange availability is refusing to die in Malawi as the authorities have since attributed the current […]

Fragile forex reserves worry market analysts

Published on August 13, 2012 by FACE OF MALAWI

Financial market analysts have expressed worry over the country’s thin forex reserves, currently at less than one month of import […]

Stock market gains momentum after Kwacha’s devaluation

Published on July 28, 2012 by FACE OF MALAWI

A number of potential companies among other customers are making inquiries to list on the stock market following the devaluation […]

Callista Mutharika’s Job Justified

Published on March 18, 2012 by FACE OF MALAWI

President Bingu wa Mutharika has justified the hiring of his wife, First Lady Callista Mutharika as Safe Motherhood Coordinator – […]

Kapito Given Bail, Charged with Sedition

Published on March 18, 2012 by FACE OF MALAWI

Malawi Human Rights Commission (MHRC)Chairperson John Kapito has been charged with sedition hours after his arrest for alleged illegal possession […]

I caused fuel woes—Bingu

Published on March 15, 2012 by FACE OF MALAWI

President Bingu wa Mutharika says he rejected advice from the international community on solutions to fuel and forex shortages the […]

Foreign Donors in Malawi should “go to hell” – Plot against Mutharika?

Published on March 7, 2012 by FACE OF MALAWI

The words were dropped last Sunday in Thyolo district in the South of Malawi. President Bingu wa Mutharika ceremonially opened […]

Malawi Stock Market Commentary

Published on February 27, 2012 by FACE OF MALAWI

In Malawi, the local bourse experienced the worst week so far this year in terms of both volume and turnover. […]

Consumers have a right to fuel and forex black market in Malawi

Published on February 13, 2012 by FACE OF MALAWI

The black market for foreign exchange and fuel is booming in the midst of an acute scarcity in Malawi. The […]

MCCCI challenges Malawi govt on forex generation

Published on February 7, 2012 by FACE OF MALAWI

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has challenged Capital Hill to provide the private sector with […]

Malawi Stock Exchange: Market Overview – Week Ending September 16, 2011

Published on September 19, 2011 by FACE OF MALAWI

In Malawi, the index advanced by 60 points to close the week at 4,965.87 (+1.22% w/w) representing 0.55% YTD. Turnover […]

THE FOREX PROBLEM & LACK OF MANUFACTURING INDUSTRIES

Published on August 30, 2011 by FACE OF MALAWI

By: THE ECONOMIC THINK TANKER$ As the country faces more and more economic problems we believe that; in order to […]

THE STOCK MARKET MISUNDERSTOOD

Published on August 2, 2011 by FACE OF MALAWI

America the great economic super power became what it is today thanks mostly to capitalists. Especially ambitious and determined entrepreneurs […]