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 Pressure mounts on kwacha, falls by 3%

 Pressure mounts on kwacha, falls by 3%

 The kwacha has weakened by three percent following a foreign exchange auction the Reserve Bank of Malawi (RBM) conducted on…
SMEs upbeat on design leather studio utilisation

SMEs upbeat on design leather studio utilisation

 Small and medium enterprises (SMEs) are confident of fully utilising the Leather Design Studio based in Chileka, Blantyre from the…
RBM admits foreign exchange mismatch

RBM admits foreign exchange mismatch

The country’s official foreign exchange reserves have continued to fluctuate since November last year when Malawi clinched the four-year International…
Government urged to prioritise economic diversification

Government urged to prioritise economic diversification

The Malawi government needs to prioritise diversifying the economy and efficient use of budget resources to put the economy back…
 Debt strategy under threat

 Debt strategy under threat

 Treasury’s decision to restructure short-term debt to long-term could be under threat as the unstable macroeconomic environment is pushing investors…
Ministry issues 20 sugar import licences to improve supply

Ministry issues 20 sugar import licences to improve supply

 Ministry of Trade and Industry has issued 20 licences to local firms to import sugar to address the commodity’s scarcity…
 Treasury for diversified road revenue streams

 Treasury for diversified road revenue streams

 Ministry of Finance and Economic Affairs has dared Roads Fund Administration (RFA) to diversify their revenue streams as government strives…
Standard Bank dates investors, outlines future strategic goals

Standard Bank dates investors, outlines future strategic goals

Standard Bank plc held an investor forum in Lilongwe yesterday where it outlined its strategic goals that will anchor the…
Inflation rate eases to33.5%, food prices down

Inflation rate eases to33.5%, food prices down

Malawi’s year-on-year headline inflation rate for February 2024 eased by 1.5 percentage points to 33.5 percent due to a drop…
 Forex drought limits auctions

 Forex drought limits auctions

 Financial Market Dealers Association of Malawi (Fimda) says commercial banks are not participating in the foreign exchange auctions as the…
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