Reserve Bank of Malawi
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Business
Stinging food prices hurt inflation in 2019
Malawi’s headline inflation rose to an average of 9.4 percent in 2019, affected by biting food prices, latest figures from…
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Business
Budget under pressure in first half
The 2019/2020 national budget came under intense pressure in the first half of the financial year recording deficits in the…
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Business
Pension assets at K1.06 trillion
Pension assets have been growing in the past eight years, seen at K1.063 trillion by December 2019, figures from Reserve…
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Business
IMF speaks on Reserve Bank of Malawi 5% inflation target
International Monetary Fund (IMF) has said the Reserve Bank of Malawi (RBM)’s ambitious target of attaining five percent inflation by…
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Man attempts to buy beer using fake money, arrested
Police in Mwanza have arrested a man who attempted to buy beer using fake banknote. Mwanza Police spokesperson, Edwin Kaunda,…
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Business
Ellias Ngalande appointed new FDH Bank boss
Former Reserve Bank of Malawi (RBM) governor, Ellias Ngalande, has been appointed Managing Director of one of the country’s high…
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Business
The year of managed inflationary pressure?
Mixed and murky best fits description of Malawi’s economy in 2019. The year was characterised by volatility in some economic…
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Business
‘Monetary policy successful in 2019’
The Reserve Bank of Malawi (RBM) has described the implementation of monetary policy in 2019 as successful. RBM Director of…
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Business
Reserve Bank of Malawi for diversified food consumption
Reserve Bank of Malawi (RBM) Governor, Dalitso Kabambe, has said Malawians need to diversify their diet by looking beyond the…
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IMF sees 4.5 percent growth in 2019
The International Monetary Fund (IMF) has said it expects the local economy to grow by 4.5 percent this year. IMF…
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