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 ...
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 ...
Malawi’s monthly import cover calculating figure has jumped by 9.4 percent to $209 million from $191 million, the Reserve Bank ...
The Reserve Bank of Malawi (RBM)—supposedly the epitome of fiscal integrity—is at pains to justify more than K9 billion in ...
The National Switch (Nat Switch), a shared switch platform to connect all the country’s commercial banks, will go live in ...
Some commercial banks are struggling to meet their daily minimum liquidity requirements and have resorted to borrowing from Reserve Bank ...
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has blamed the recent sharp fall of the local currency on ...
Nico General Insurance Company, a subsidiary of Malawi Stock Exchange (MSE)-listed financial services group Nico Holdings Limited, has touted 2014 ...
Civil servants will have to wait a little bit longer to receive their salaries, government has announced. In a press ...
The Public Accounts Committee (PAC) of Parliament has summoned officials from the Director of Public Prosecutions (DPP) and Anti-Corruption Bureau ...
Reserve Bank of Malawi (RBM) has revised upwards the bank rate or policy rate by 2.5 percentage points, barely three ...
The Malawi Law Society (MLS) has obtained an injunction that effectively stops the Reserve Bank of Malawi (RBM) from implementing ...
Financial dealers in the country have been urged to be on the forefront in ensuring that markets are functional and ...
The kwacha hit its lowest point to the dollar since 2012 on Monday, with the middle rate falling to about ...
In recent weeks, the local currency, the kwacha, has continued to show signs of ceding to major international currencies, notably ...
Reserve Bank of Malawi (RBM) Governor Charles Chuka has downplayed the buzz over the recent weakening of kwacha against other ...
The Public Accounts Committee (PAC) of Parliament will again summon three of the major players in the Public Finance Management ...
Treasury bills (T-bills) rates—one of the determinants of commercial bank interest rates—fell on all tenors in August compared to the ...
Food uncertainty and the implementation of the proposed K742.8 billion budget may threaten an increase in inflation—generally push up prices—according ...
The Reserve bank of Malawi (RBM) has said it will continue implementing a prudent monetary policy against a backdrop of ...
Non-governmental organisations (NGOs) will start disclosing and reporting to the public their expenditures as one way of achieving transparency and ...