RBM launches Global Money Week

The Reserve Bank of Malawi (RBM) has today launched Global Money Week at Bangwe Community Day Secondary School in Blantyre, urging Malawians to adopt a saving culture.

Global Money Week is an annual campaign aimed at promoting financial literacy among young people, equipping them with the knowledge to make informed financial decisions and build financial resilience.

Speaking at the launch, RBM Chief Examiner Madalitso Chamba highlighted progress in improving financial literacy among young people. She emphasized the importance of instilling a saving culture from an early age.

“Targeting children in financial literacy programs is essential as it helps them grow up with strong saving habits,” Chamba said.

One of the students at Bangwe Community Day Secondary School, McCollings Petro, acknowledged the significance of financial literacy, stating that it helps young people make informed financial decisions.

This year’s Global Money Week is being held under the theme “Think Before You Follow, Wise Money Tomorrow.”

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Noel Mkwaila

Noel Mkwaila is an award-winning profesional journalist based in Malawi with over six years of experience in the media industry. His work focuses on in-depth reporting, investigative journalism, and storytelling that highlights key social, political, and economic issues, among others. Passionate about transparency and development, he has covered major stories shaping Malawi.

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