Tag: kwacha

Malawi losing out on natural resources

Published on July 23, 2012 by FACE OF MALAWI

Malawi has been urged to speed up development and enactment of policies and laws that will protect locals on access […]

Low prices worry cotton growers

Published on July 18, 2012 by FACE OF MALAWI

Cotton growers in Chikhwawa district, southern Malawi, have expressed worry over continued low prices for the crop currently fetching K95 […]

Sunbird blames devaluation on its 2012 results

Published on July 10, 2012 by FACE OF MALAWI

Sunbird Tourism Limited says it expects the 49 percent devaluation of the kwacha to impact on the company’s bottom line […]

Lilongwe vendors riot over chicken price hike

Published on July 3, 2012 by FACE OF MALAWI

Police in Lilongwe on Monday used teargas canisters to disperse angry vendors, who destroyed the fence and stoned Central Poultry […]

Devaluation costs South African Airways $5 million

Published on June 27, 2012 by FACE OF MALAWI

South African Airways (SAA) has lost $5 million (K1.2 billion at the current exchange) in Malawi due to the 49 […]

‘Devaluation only way to economic recovery’ – MCCCI defends govt

Published on June 25, 2012 by FACE OF MALAWI

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has defended government’s decision to devalue the kwacha, saying it […]

Kenya Airways resumes sales in Malawi kwacha, to increase flights next month

Published on June 22, 2012 by FACE OF MALAWI

Kenya Airways has announced that it has resumed selling of tickets in Malawi kwacha following following improved availability of foreign […]

Inflation soars to 17.3 percent

Published on June 21, 2012 by FACE OF MALAWI

MALAWI’S inflation jumped to a seven-year high in May, fuelled by the 49 percent devaluation of the kwacha, the National […]

Malawi needs new economic strategy, not just devaluation

Published on June 1, 2012 by FACE OF MALAWI

The sudden death of Malawi’s third president, Prof. Bingu Mutharika caught the whole country by surprise. Suddenly Malawi has a […]

Britain to buy £20 million of Malawian currency

Published on June 1, 2012 by FACE OF MALAWI

Britain is to buy up to £20 million worth of Malawian currency to help stabilise the African state’s economy following […]

Joyce Banda to reinstate good political and economic governance

Published on May 21, 2012 by FACE OF MALAWI

President Joyce Banda on Friday addressed Parliament for the first time since assuming office spelling out her dream for a […]

Pics of Malawi Kwacha Banknotes 2012

Published on May 18, 2012 by FACE OF MALAWI

Pics of Malawi Kwacha Banknotes 2012, Leave Your comments below

Malawi Hopes to heal economy through devaluation, which has hit the poor hard

Published on May 18, 2012 by FACE OF MALAWI

As Malawi’s poor struggle to afford food and other staple items since the 48 percent devaluation of the local currency […]

Mulanje to enforce law on beer drinking time to curb crime

Published on May 16, 2012 by FACE OF MALAWI

Prolonged beer drinking time in Muhiyo group village community in Mulanje District has provided fertile environment for rapists, forcing community […]

REVEALED!! Goodall Gondwe, Mulli dirty games exposed

Published on May 14, 2012 by FACE OF MALAWI

Ex-Minister of Natural Resources & Energy Goodall Gondwe and business tyrant Leston Mulli are reported to have influenced Malawi government […]

JB asked to launch an inquiry into events after Mutharika’s death

Published on May 14, 2012 by FACE OF MALAWI

The executive director of the human rights group Malawi Watch said President Joyce Banda should set up a commission of […]

Malawi Lifts Lending Rate as Costs Rise After Devaluation

Published on May 14, 2012 by FACE OF MALAWI

Malawi’s central bank raised its benchmark interest rate 3 percentage points to 16 percent, days after devaluing its currency by […]

State House under probe over K4 billion scam

Published on May 13, 2012 by FACE OF MALAWI

The State House is among several ministries and departments implicated in the K4 billion scam in which public officers are […]