Vice President Khumbo Kachali purchases 52 new trucks
Published on February 4, 2013 by FACE OF MALAWI
As Malawians are wallowing in untold poverty as a result of the devaluation effected in May last year, Malawi’s vice […]
Tag: kwacha
Are small businesses the main victims of the devaluation in Malawi?
Published on February 3, 2013 by FACE OF MALAWI
There have been many complaints among citizen of Malawi; especially those who operate small scale businesses due to the effects […]
Kwacha weakens to its lowest since 1993
Published on January 29, 2013 by FACE OF MALAWI
Malawi’s kwacha, the worst- performing currency this year, dropped to its lowest in almost a decade as the Southern African […]
Malawi MPs quiz IMF Chief
Published on January 8, 2013 by FACE OF MALAWI
Members of Parliament Saturday met with the visiting International Monetary Fund (IMF) Managing Director, Christine Lagarde, where they expressed their […]
Kwacha down by 107% since May
Published on January 3, 2013 by FACE OF MALAWI
The Malawi kwacha exchange rate to the United States dollar closed the year 2012 at an average price of K346, […]
Mass demos organisers reject dialogue
Published on December 29, 2012 by FACE OF MALAWI
Organiser of the January 17, 2013 Consumer Association of Malawi (Cama) led mass demonstrations have rejected any dialogue with government. […]
Kwacha floatation hurts workers—MCTU
Published on December 28, 2012 by FACE OF MALAWI
The floatation of the Kwacha has made most workers in the country poorer, the Malawi Congress of Trade Unions (MCTU) […]
How western governments use the threat of the label “Failed State” to intimidate developing nations
Published on December 20, 2012 by FACE OF MALAWI
Not too long ago, Raphael Tenthani interviewed the current British High Commissioner to Malawi, Michael Nevin.In the interview, Mr Nevin […]
Malawi raises bank rate to 400 basic points to stabilize kwacha, stem inflation
Published on December 4, 2012 by FACE OF MALAWI
The central bank of Malawi raised its benchmark bank rate by 400 basis points to 25.0 percent in an “urgent […]
Real Insurance Malawi to recapitalize
Published on December 4, 2012 by FACE OF MALAWI
In keeping up with the requirements of the Central Bank, Real Insurance Company of Malawi is taking steps towards recapitalization. […]
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 […]
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 […]
Malawi weighs signing controversial EU trade deal
Published on October 23, 2012 by FACE OF MALAWI
Malawi has opened up negotiations on the economic partnership agreement (EPA) with the European Union, which have been deadlocked since […]
Money crisis likely to persist
Published on October 18, 2012 by FACE OF MALAWI
The shortage of money the country is currently facing is likely going to persist for some time, financial market analysts […]
‘Kwacha’s fall will be limited’ – Reserve Bank of Malawi
Published on October 4, 2012 by FACE OF MALAWI
Reserve Bank of Malawi (RBM) Governor Charles Chuka has said the continued depreciation of the Malawi kwacha will eventually reach […]
Let the kwacha remain floated
Published on September 28, 2012 by FACE OF MALAWI
Last week’s revelation that government is considered reverting to a fixed exchange rate has attracted a lot of comments in […]
World Bank upbeat on budget support, economic recovery
Published on September 26, 2012 by FACE OF MALAWI
The World Bank, one of Malawi’s leading development partners, has justified the delay in budget support disbursement by other donors, […]
Joyce Banda defends her inclusion of DPP MPs in govt at a briefing in the US
Published on September 25, 2012 by FACE OF MALAWI
Malawians living in USA have questioned President Joyce Banda’s decision to incorporate cabinet ministers and other officials who were serving […]