Banks shun RBM Kwacha Auction
..we have no forex- Banks The Reserve Bank of Malawi has failed to release the results of the first auction of the Malawi kwacha, as on three of the countries…
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Kwacha will devalue, high cost, Kabambe, Mwanamvekha
Former Reserve Bank Governor Dalitso Kabambe and former Finance Minitser Joseph Mwanamvekha has torn apart foreign exchange auctions announced by the Central Bank, saying it will lead to devaluation of…
PART ONE: HOW MUCH CAN ONE EARN
Most people are still not aware that they can make money using their digitál platforms. From this week our Publisher Kondwani Bell Munthali will be searching and share information on…
IMFs US$88m gone
The celebrated US$ 88 million from the International Monetary Fund (IMF) could not even settle the nation’s bills hovering over US$280 million a month. Reserve Bank of Malawi spokesperson Ralph Tseka…
Forex woes: Kenya suspends ticket sales in Malawi
Kenya Airways has again suspended selling of its tickets in Malawi kwacha citing difficulties in foreign exchange repatriation. The Malawi economy which is heavily dependent on agro industry and donor…