There is no 30% devaluation coming this month-end, RBM refutes circulating reports
Malawi breaking news publishing 24 hours a day news about Malawi, Malawi Business, Malawi Tourism, Malawi Politics, Malawi News
Source: nyasatimes.com
Mark Lungu News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Mark Lungu. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Mark Lungu Today - Breaking & Trending Today
Treasury gives RBM K600 billion bailout
Treasury has given the Reserve Bank of Malawi (RBM) a K600 billion bailout following a K539 billion loss the central bank made in the 2023/24 financial year due to foreign exchange rate losses. RBM spokesperson Mark Lungu spokesperson confirmed the recapitalisation, saying it was implemented to stabilise the central bank. He said: “It is in
Source: mwnation.com
What lies ahead of agriculture sector?
Maria Maulidi and Esther Kambwiri recently met outside a church building where they began sharing stories of the poor harvest in the 2024 growing season. The two come from Ndindi Village in Salima District, which is among the 23 districts that President Lazarus Chakwera declared a State of National Disaster in March this year due
Source: mwnation.com
Continuous food shortage makes Malawi to have the third highest inflation rate in Africa
Malawi breaking news publishing 24 hours a day news about Malawi, Malawi Business, Malawi Tourism, Malawi Politics, Malawi News
Source: nyasatimes.com
Businesses struggling to access forex | The Nation Online
Businesses in the country are still struggling to source foreign exchange from banks, three months after the Reserve Bank of Malawi (RBM) devalued the kwacha by 44 percent. The devaluation, which was a condition for the Malawi Government to clinch the four-year $175 million (about K297.5 billion) International Monetary Fund (IMF) Extended Credit Facility (ECF)
Source: mwnation.com