Reserve Bank of Malawi
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Business
Ambitious
The 2019/20 National Budget presented to Parliament on Monday has ambitious benchmarks for the government in the short to medium…
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Business
Bad loans down to 4.5 percent
The Reserve Bank of Malawi (RBM) has said non-performing loans (NPLs) in commercial banks have dropped to 12.1 percent in…
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Business
Reserve Bank of Malawi hopeful on cheque phase out
Malawi will, by July 2020, walk in the footsteps of Southern African Development Community-member states, such as Namibia, that have…
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Business
Exports up 28% in second quarter
Malawi’s exports rose by 28 percent in the second quarter of 2019 to hit $316.6 million fuelled by a jump…
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Business
Tobacco sales closure won’t hurt kwacha— Reserve Bank of Malawi
The Reserve Bank of Malawi (RBM) has said it does not see the closure of the tobacco selling season hurting…
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Business
Economists see bright future for Malawi
Reserve Bank of Malawi (RBM) Governor Dalitso Kabambe and renowned Oxford University development economist Paul Collier have said putting in…
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Business
Agriculture to grow by 3.9%
Malawi’s main driver of the economy, agriculture, is expected to rebound to 3.9 percent in 2019 up from 0.9 percent…
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Business
Banking sector assets up 4.4%
Total banking sector assets grew by 4.4 percent to K1, 744.1 billion in the first half of 2019, recent Reserve…
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Business
Inflation soars to 9.3 percent
Malawi’s headline inflation inched up by 0.3 percentage points to 9.3 percent in July 2019 as food prices continued biting…
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Business
Treasury closes financial year with surplus
After seeing budget deficit widening for a greater part of the 2018/19 financial year, the Central Government closed its budgetary…
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