Tag: RBM

Malawi central bank offers relief COVID-19 packages to commercial bank, reduces mobile payments charges by 40%

Published on April 14, 2020 by Edgar Naitha

The Reserve Bank of Malawi (RBM) in conjunction with Bankers Association of Malawi (BAM) has announced measures to mitigate the […]

DECLINING OIL PRICES OFFER LITTLE RELIEF—RBM

Published on April 3, 2020 by FACE OF MALAWI

The Reserve Bank of Malawi (RBM) says the declining global oil prices due to the coronavirus (Covid-19) pandemic offers little […]

GLOBAL ECONOMIC SLOWDOWN TO HIT EXPORTS—RBM

Published on March 19, 2020 by FACE OF MALAWI

The Reserve Bank of Malawi (RBM) says the slowdown in global economic activity could negatively affect demand for Malawi’s exports […]

RBM maintains Policy Rate at 13.5percent

Published on January 30, 2020 by Robert Ngwira

The Reserve Bank of Malawi (RBM) has maintained the Policy rate at 13.5 percent. This follows a Monetary Policy Committee […]

Reserve Bank of Malawi To Release a Statement on FDH Boss Thom Mpinganjira’s Involvement in Corruption

Published on January 23, 2020 by Flora Mitumba

The Reserve Bank of Malawi (RBM) is set to release a statement on its stand on the alleged involvement of […]

RBM Cautions Against Depending on Agriculture

Published on November 22, 2019 by Flora Mitumba

The Reserve Bank of Malawi has cautioned the country against depending too much on agriculture for economic growth. The caution […]

RBM maintains policy rate

Published on October 30, 2019 by Robert Ngwira

The Reserve Bank of Malawi (RBM) has maintained the Policy Rate at 13.5 per cent. The decision follows the Monetary […]

Reserve Bank Manager Mchakulu arrested over MK354 million fraud

Published on June 18, 2019 by Robert Ngwira

The Malawi Police Service (MPS) have arrested Reserve Bank of Malawi (RBM) manager (fiscal operations) Charles Mchakulu in connection with […]

RBM Governor Dalitso Kabambe reduces policy rate

Published on May 3, 2019 by Robert Ngwira

The Monetary Policy Committee (MPC) of Reserve Bank of Malawi (RBM) has, at its second meeting for 2019 held from […]

RBM LAMENTS LOW INSURANCE PENETRATION

Published on April 30, 2019 by Robert Ngwira

                                      By Steven Godfrey Mkweteza Reserve Bank of Malawi {RBM} says despite the country’s efforts to boost the insurance industry, […]

Mathews Chikaonda laid to rest

Published on November 20, 2018 by Robert Ngwira

Minister of Justice and Constitutional Affairs Samuel Tembenu on Monday led thousands of Malawians in paying last respect to late […]

Mathews Chikaonda’s burial shifted to Monday

Published on November 16, 2018 by Robert Ngwira

The body of late Mathews Chikaonda will arrive in the country on Sunday through Kamuzu International Airport (KIA) in the […]

Mathews Chikaonda’s body to arrive in the country on Saturday

Published on November 15, 2018 by Robert Ngwira

The body of late Mathews Chikaonda will arrive in the country this coming Saturday through Kamuzu International Airport (KIA) in […]

Muluzi pays tribute to Chikaonda

Published on October 31, 2018 by Robert Ngwira

Former President Dr. Bakili Muluzi who is also founder of United Democratic Front (UDF) has expressed shock over the death […]

Former Reserve Bank Governor Mathews Chikaonda no more

Published on October 30, 2018 by Robert Ngwira

Death has been announced of former Reserve Bank of Malawi (RBM) Governor Mathews Chikaonda, faceofmalawi can reveal. Chikaonda died in […]

Dausi summoned to testify in Chaponda’s case

Published on February 27, 2018 by Robert Ngwira

The High Court in Lilongwe has summoned Minister of Information and Communications Technology Nicholas Dausi to testify in the maize-gate […]

Malawi inflation hits single digit

Published on September 16, 2017 by FACE OF MALAWI

Malawi’s inflation  has hit a single digit of 9.3 percent, the first time since 2010, National Statistical Office (NSO) figures […]

Breaking news: Trump to be in Malawi on Monday

Published on December 14, 2016 by Robert Ngwira

Malawians will on Monday, December 19, 2016 start using the new MK2,000 banknote dubbed ‘Trump’, named after the newly elected […]