Tag: kwacha

Mera warns on fuel hikes

Published on May 12, 2012 by FACE OF MALAWI

The Malawi Energy and Regulatory Authority (Mera) has warned it will revoke licenses or impose a fine on fuel dealers […]

The System, not Ken Lipenga, should go

Published on May 11, 2012 by FACE OF MALAWI

It pains me to realize that all of a sudden we have woken up and behaving as if we are […]

Multichoice Malawi raises Subscription Rates

Published on May 9, 2012 by FACE OF MALAWI

Multichoice Malawi subscribers are feeling the pinch of Monday’s devaluation of the Kwacha. Their subscription rates have increased. “Customers on […]

Reserve Bank f Malawi’s statement on Kwacha devaluation

Published on May 7, 2012 by FACE OF MALAWI

The Reserve Bank of Malawi (the Bank) has today 7 May 2012 devalued the Malawi kwacha exchange rate from K168 […]

Demonstrations loom at Chanco as Govt devaluates kwacha

Published on May 7, 2012 by FACE OF MALAWI

The recent decision by the Malawi government to devalue the kwacha , may lead to demonstrations by Chanco students if […]

Closed forex bureaus to re-open as Kwacha has been finally to devalued by 60%

Published on May 7, 2012 by FACE OF MALAWI

Malawians are expected to feel the pinch as final decision to devalue the Kwacha is expected to be implemented tomorrow […]

Turning point for Malawi’s ailing economy.The dreamer is gone but the dream lives on

Published on April 25, 2012 by FACE OF MALAWI

Bingu the visionary in leadership maintained his visionaries even in death. Bingu who died on April 6, 2012, walked his last […]

IMF calls on Malawi to devalue currency

Published on April 4, 2012 by FACE OF MALAWI

BLANTYRE, Malawi (AP) — The International Monetary Fund is calling on impoverished Malawi to devalue its currency. Tsidi Tsikata, chief […]

IMF insists on kwacha devaluation

Published on April 1, 2012 by FACE OF MALAWI

The International Monetary Fund (IMF) has stuck to its guns on the value of the Malawi kwacha, saying its assessment […]

Malawi caught up in political party funding maze

Published on March 31, 2012 by FACE OF MALAWI

Lilongwe – In 2005, the year President Bingu wa Mutharika ditched the United Democratic Front (UDF), the party that sponsored […]

Cama challenges government on devaluation

Published on March 12, 2012 by FACE OF MALAWI

The Consumers Association of Malawi (Cama) has challenged President Bingu wa Mutharika on his claims that devaluation would lead to […]

Cost of living rise further in Malawi

Published on March 8, 2012 by FACE OF MALAWI

Prices of basic commodities continue to rise sharply in Malawi, despite the authorities holding on to the Malawi Kwacha against […]

Malawi gets Ireland grant for agriculture subsidy (K473 million)

Published on October 31, 2011 by FACE OF MALAWI

Malawi has received cash boost of K473 million from Ireland on its agricultural subsidy programme as its contribution to ensuring […]

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 […]

Devaluation is ‘too little, too late’ to save Malawi

Published on August 10, 2011 by FACE OF MALAWI

By Our Correspondent A devaluation that is designed to cheapen a nation’s currency and thereby increase its exports at other […]

MALAWI DEVALUES KWACHA BY 10% AGAINST A U.S. DOLLAR, CENTRAL BANK

Published on August 8, 2011 by FACE OF MALAWI

Malawi’s bicentric slope baritone its currency by 10 proportionality after a revilement in external assistance worsened shortages of render as […]

The Malawi Economy- the Ownership Problem

Published on August 2, 2011 by FACE OF MALAWI

The biggest problem with Malawian society and the economy is that of ownership and unequal distribution of wealth. It is […]