Tag: money

Bingu and “his K61 billion.” By Bill Msosa

Published on June 25, 2013 by FACE OF MALAWI

I have followed the discussion regarding claims that our immediate past Head of State, late Bingu wa Mutharika, amassed wealth […]

HIV infections among children have been reduced by 50 percent

Published on June 25, 2013 by FACE OF MALAWI

A new report shows that new HIV infections among children have been reduced by 50 percent or more in seven […]

Of billionaire presidents and docile Malawians

Published on June 25, 2013 by FACE OF MALAWI

Our series of stories on the wealth of the former president, the late Bingu wa Mutharika continues. These are stories […]

Bingu’s bank accounts frozen

Published on June 25, 2013 by FACE OF MALAWI

The High Court has ordered that all but one accounts belonging to former President Bingu wa Mutharika be frozen pending […]

MORE REVEALATION ON LATE BINGU’S EXPOSED 61 BILLION WEALTH

Published on June 25, 2013 by FACE OF MALAWI

It has been further revealed that Bingu’s only young brother Peter was the master minder of the malpractices surrounding Bingu’s […]

Bingu Mutharika’s wealth at the time of death revealed : K61 Billion

Published on June 24, 2013 by FACE OF MALAWI

Former president, the late Bingu wa Mutharika had several bank accounts in both local and foreign commercial banks where some […]

Govt considered selling air Malawi spare parts

Published on June 15, 2013 by FACE OF MALAWI

A leaked document that Malawi News has seen shows how President Joyce Banda’s cabinet attempted to save the debt-ridden now-liquidated […]

Fam promises K100,000 each for win

Published on June 12, 2013 by FACE OF MALAWI

Flames interim coaches will this afternoon complete their three month contract with a World Cup qualifier against Kenya’s Harambee Stars […]

The bank base lending rates are just a punishment

Published on June 11, 2013 by FACE OF MALAWI

The bank base lending rates are just a punishment, this is why many people are getting poor and poorer because […]

Bureaus are buying forex for cheap and selling at high prices

Published on June 4, 2013 by FACE OF MALAWI

Banks/Forex Bureaus are buying the US Dollar at MK320, Others at MK315 but when they want to sell to you, […]

Paladin Africa Swindles Mw of K7bn –Survey

Published on May 27, 2013 by FACE OF MALAWI

latest research has established that Paladin Africa, owners of the famous Kayelekera Uranium mine in Karonga did not declare 350 […]

American Retirees Stretch Their Dollars in Ecuador

Published on May 16, 2013 by FACE OF MALAWI

Almost 350,000 Americans getting retirement benefits live outside the country.

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 […]

Govt set to roll out social cash transfer to all districts

Published on August 9, 2012 by FACE OF MALAWI

Owing to the impact the social cash transfer programme has made by improving the social-economic status of its beneficiary households, […]

More Money Than God

Published on May 8, 2012 by FACE OF MALAWI

Trying to help people visualize exactly how much spare cash apple has lying around making the place look untidy.

Official Exchange Rates for 07-May-2012

Published on May 7, 2012 by FACE OF MALAWI

Below is information we feel will be helpful in understanding the current official exchange rates. Should you require any further […]

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 […]

Nelson Mandela banknotes to be issued by South Africa

Published on February 13, 2012 by FACE OF MALAWI

South Africa is to issue a complete set of banknotes bearing the image of its first black president, Nelson Mandela. […]