Reserve Bank of Malawi
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Phillip Madinga earmarked for Standard Bank top post
Standard Bank has earmarked seasoned banker, Phillip Madinga, to be its new Chief Executive Officer subject to regulatory approvals from…
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Business
Reserve Bank of Malawi explains ‘cash transferring rumour’
The Reserve Bank of Malawi (RBM) has dismissed rumours that its Governor authorised transfer of billions of Kwacha into an…
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Business
Current account deficit widening
A recent report by the Reserve Bank of Malawi (RBM) shows that current account deficit is expected to worsen slightly…
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Business
Hospitality units to tap from Covid-19 fund
By Tione Andsen: The Ministry of Environment, Tourism and Wildlife has said only licensed tourism units will qualify for a…
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Business
Government revenue still on downward spiral
Government revenue went down by 5.7 percent in April to K112.8 billion from K119.6 billion recorded in the preceding month,…
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Business
Mining to grow by 3.0 percent
Mining and quarrying industry is estimated to grow by 3.0 percent in 2020, down from an estimated growth of 4.0…
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Business
Government revenue declines in first quarter
Government revenue went down by 8.1 percent to K308.5 billion in the first quarter of 2020, figures from the Reserve…
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Business
Mobile money fraud blamed on ignorance
Illiteracy among some Malawians has been blamed for rising cases of mobile money fraud where swindlers are taking advantage of…
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Business
Digital payments squeezed in first quarter
Reduced economic activity in the first three months of 2020 led to low performance of the national payment system with…
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Sports
Silver Strikers players tied
Silver Strikers players have all the reasons to walk tall in the corridors of Capital City after the club paid…
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