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Fimda

Business

Justin Mkweu January 25, 2023
465

Forex reserves drop by 21 percent in 2022

Malawi’s gross foreign exchange reserves dropped by 21 percent between December 2021 and November 2022, a report from Bridgepath Capital…
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National

Taonga Sabola January 14, 2023
1,301

Reserve Bank of Malawi loosens grip on kwacha

The Reserve Bank of Malawi (RBM) Friday loosened its control of the local currency by introducing forex auctions, which would…
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Business

Justin Mkweu November 21, 2022
699

Malawi import cover remains volatile

Malawians have a long way to go before they see stability in forex availability and supply of some essential imports…
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Business

Justin Mkweu November 2, 2022
1,052

Mixed views on rate adjustments

Experts have weighed in on last week’s policy rate adjustment by the Reserve Bank of Malawi (RBM)’s Monetary Policy Committee…
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Business

Taonga Sabola October 18, 2022
1,334

Forex demand in bureaux falls— Reserve Bank of Malawi

The Reserve Bank of Malawi (RBM) has said the demand for foreign exchange in bureaux has started to tumble due…
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Taonga Sabola October 18, 2022
278

Leslie Fatch elected Fimda president

The Financial Market Dealers Association (Fimda) annual general meeting (AGM) on Sunday elected FDH Bank Senior Manager for Global Markets…
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Business

Taonga Sabola October 17, 2022
405

Malawi Stock Exchange chair dares financial dealers

Malawi Stock Exchange (MSE) Chairperson James Kamwachale Khomba has challenged financial market dealers to help raise awareness on investment opportunities…
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Business

Justin Mkweu October 12, 2022
730

Kwacha performance attracts mixed views

Financial market experts have cast doubt on the footing of the local trading unit, the Kwacha, against major trading currencies,…
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Business

Justin Mkweu September 7, 2022
370

Banks adjust reference rate

Commercial banks have adjusted upward s reference rate—the benchmark for other rates—to 13.9 percent for September 2022, from 13.8 in…
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Business

Chimwemwe Mangazi August 19, 2022
447

Private sector credit peaks up

A recent Monetary Policy Report by the Reserve Bank of Malawi (RBM) shown that foreign currency denominated loans in commercial…
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WEDNESDAY 18 December, 2020

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