Tag: RBM

Malawians angered with RBM’s announcement of MK2,000 banknote

Published on November 11, 2016 by Robert Ngwira

Malawians have expressed anger over the decision by Reserve Bank of Malawi (RBM) to introduce MK2,000 bank note which will […]

RBM to introduce MK2000 banknote in December

Published on November 11, 2016 by Robert Ngwira

Information reaching faceofMalawi indicates that the Reserve Bank of Malawi will introduce a K2,000 note from December 19, 2016. RBM […]

Court stops Reserve Bank of Malawi from taking over operations of Prime Insurance

Published on June 6, 2016 by Robert Ngwira

Prime Insurance Limited has obtained a court injunction restraining the Reserve Bank of Malawi from taking over operations of the […]

Mutharika pays tribute to late Dunduzu Chisiza

Published on May 27, 2016 by Robert Ngwira

President Professor Arthur Peter Mutharika has today paid to tribute to late Dunduzu Chisiza when he visited his grave at […]

Mutharika to officially open Reserve Bank of Malawi in Mzuzu on Wednesday

Published on May 24, 2016 by Robert Ngwira

President Professor Arthur Peter Mutharika will on Wednesday officially open the Reserve Bank of Malawi (RBM) Mzuzu Branch. This has […]

FORMER RESERVE BANK OF MALAWI GOVERNOR DIES

Published on September 24, 2015 by Robert Ngwira

Death has been announced of former Reserve Bank of Malawi (RBM) Governor Victor Mbewe. Mbewe, who was also member of […]

FUEL PRICES EXPECTED TO RISE FROM NEXT WEEK

Published on November 3, 2014 by FACE OF MALAWI

There is a strong speculation that fuel prices will rise prior to the meeting of a special committee  from Ministry […]

COMMERCIAL BANKS TO BE CAUTIOUS AS THEY MIGHT BE ASKED TO HAVE US$5 MILLION MINIMUM CAPITAL REQUIREMENT DUE TO KWACHA INFLATION

Published on October 27, 2014 by FACE OF MALAWI

Reserve Bank of Malawi (RBM) Governor Charles Chuka was speaking in Mangochi on Saturday when he made a presentation during […]

RBM GOVERNOR SAYS KWACHA WILL CONTINUE STABILAZING

Published on July 26, 2014 by Robert Ngwira

Reserve Bank of Malawi (RBM) Governor Charles Chuka has said the Kwacha will continue trading well with other major foreign […]

RESERVE BANK TO ISSUE NEW BANKNOTES

Published on July 1, 2014 by Robert Ngwira

Reserve Bank of Malawi has said it will issue new banknotes that will have enhanced blind recognition features. This has […]

RBM GOVERNOR URGES MALAWIANS NOT TO PUSH THE GOVERNMENT TO SPEND EXCESSIVELY

Published on June 27, 2014 by FACE OF MALAWI

Reserve Bank of Malawi (RBM) governor Charles Chuka has warned Malawians against forcing government to spend beyond its means. Chuka […]

NASME CALLS FOR RBM TO INTERVENE ON INTEREST RATES

Published on April 30, 2014 by Robert Ngwira

  The National Association for Small and Medium Enterprises(NASME) has reiterated that the high interest rates are suppressing the blossoming […]

TOBACCO SEASON IMPACTS FOREX SUPPLY

Published on April 15, 2014 by Robert Ngwira

The foreign reserves situation has kept on improving since the opening of this year’s tobacco selling season on March 24th. […]

DECREASING TREASURY BILL INTEREST AFFECTS DEMAND

Published on April 15, 2014 by Robert Ngwira

People’s curiousness to invest in Treasury bills is diminishing following the decreasing rates the investment category is fetching. Treasury bills […]

ECONOMISTS, RBM DIFFER ON MONETARY POLICY PERFOMANCE

Published on March 28, 2014 by Robert Ngwira

Former finance minister Friday Jumbe have branded as failed government’s monetary policies that were aimed at curbing the rise in […]

“Tell us where the 114 bn you borrowed from RBM went to,” MCP’s Felix Jumbe demands of government.

Published on October 9, 2013 by FACE OF MALAWI

Felix Jumbe, the man who failed to hook the MCP Presidency seat at the Party’s Convention and the former President […]

RBM governor wants more credible insurance companies

Published on August 12, 2013 by FACE OF MALAWI

Reserve Bank Governor, Charles Chuka says the country needs well managed and strong insurance companies. Chuka said this in an […]

Malawi’s Mobile banking growth impressive

Published on August 12, 2013 by FACE OF MALAWI

Mobile banking has emerged the fastest growing financial service in the country registering 1,299 percent growth in value last year, […]