RBM
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Business News
RBM maintains gdp growth rate forecast at 5.4 percent
The Reserve Bank of Malawi (RBM) has maintained the country’s real gross domestic product (GDP) growth rate forecast for the…
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Business News
Bank Deposits At RBM Lowered
The Reserve Bank of Malawi (RBM) has cut the Liquidity Reserve Requirement (LRR) ratio to 7.5 percent from 15.5 percent…
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Business News
Malawi kwacha in steep depreciation
After a few months of stability, the kwacha has found itself in another steep depreciation, with some foreign exchange bureaus…
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Business News
RBM, CHANCO TO SIGN MoU
Reserve Bank of Malawi (RBM) and Chancellor College’s Department of Economics (DOE) are today expected to sign a Memorandum of…
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Editors Pick
Exposed: Government’s poor record keeping
The Institute of Internal Auditors (IIA) Malawi Chapter says the PricewaterhouseCoopers (PwC) cashbook reconstruction report has once again exposed the…
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Business News
EXPERT WARNS AGAINST DOMESTIC DEBT TRAP
Malawi Government will likely be caught up in a debt burden trap and further destabilise the financial market if it…
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Business News
Cumulative tea earnings down 39 percent
Cumulative earnings from tea, one of the country’s export crops, has dropped by 39 percent year-on-year to $2.7 million (K1.2…
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Business News
RBM intensifies campaign on proper banknote handling
As the country loses billions in replacing worn out banknotes, the Reserve Bank of Malawi (RBM) has intensified its campaign…
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Business News
Govt commits to new RBM law on borrowing
Director of debt and aid in the Ministry of Finance, Economic Planning and Development Peter Simbani has said government is…
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Business News
RBM cautious on bank rate
Reserve Bank of Malawi (RBM) has hinted that it is currently monitoring the market with keen interest on the possibility…
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Business News
Malawi central Bank RBM maintains policy rate
The Reserve Bank of Malawi (RBM) has maintained policy rate at 25 percent, a decision made at the second Monetary…
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Business News
RBM frees forex to exporters
The Reserve Bank of Malawi (RBM), in a move to incentivise exporters, has freed all foreign exchange that exporters earn…
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Business News
IMF warns RBM on liquidity, inflation
The International Monetary Fund (IMF) has warned that high liquidity levels which are a result of Reserve Bank of Malawi…
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Business News
Standard Bank registers K12bn profit
Standard Bank Malawi, which has posted a 52 percent growth in profit in 2013, says economic prospects this year are…
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Business News
Malawi inter-bank lending rates slupm 14%
Inter-bank lending rates—the rate at which banks lend to each other—fell to 14 percent by Thursday last week, indicating a…
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Business News
RBM amended Act to curb borrowing
Plans are underway to lower the limit of Reserve Bank of Malawi (RBM) advances to Malawi Government to 10 percent…
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