Govt grapple with ECF implementation
Finance authorities have faced challenges in tracking implementation of the Extended Credit Facility (ECF) programme. This, according to finance minister...
Reserve Bank of Malawi
FDH Bank launches Service centre on Likoma Island
Access to financial services is expected to improve following the official launch of the FDH Bank Plc Likoma Island Service...
Govt operations post K1tn budget deficit in 2023
The government operations closed a calendar year 2023 with a K1 trillion budget deficit despite recording a surplus in November...
Firm calls for economic policy debate as interest rates rise
Analysts are calling for inclusive and robust economic policy debate that could lead to a suitable, tailor-made Malawi’s monetary policy...
Cost of borrowing skyrockets, policy rate hits 26%
Consumers should brace for tougher times ahead as the cost of production is set to rise even further following a...
Kwacha to remain overvalued in 2024 –analysts
Analysts are expecting the kwacha to remain overvalued in 2024 despite the central bank’s ongoing forex auction exercises. The prospect,...
Foreign debt maturity depleted forex reserves –RBM
Authorities are admitting that service delivery by the government are being affected since the maturity of debt in 2020 which...
Inter-bank transfers plunged 6.5% between April and June
Latest national payment systems report shows a decline of interbank transfers and settlement methods in first quarter. It says the...
FInES trainings attract overwhelming response from SMEs
The Reserve Bank initiated capacity building training on entrepreneurship is attracting overwhelming response from vulnerable Micro Small and Medium Enterprises...
RBM forex auction raises $350,000
Fiscal authorities are revealing that the Reserve Bank of Malawi’s foreign exchange auction last week managed to raise some 350,000...
