Indian shops closed in Lilongwe amid rumours of devaluation
By Vincent Gunde Business people who went shopping in the Indian shops in the Capital-Lilongwe, were forced to stand on the doorsteps with the shops closed as businesses faced pricing…
Devaluation
Opinion: What is the impact of devaluation in Malawi today and years to come?
By Burnett Munthali The theory of devaluation is that it occurs when a country creates a downward adjustment of its currency value to balance trade. Devaluing a currency reduces the…
UK Govt congratulates President Chakwera for clinching ECF Program
By Linda Kwanjana The United Kingdom Government has hailed President Dr Lazarus McCarthy Chakwera for working hard round the clock to have the International Monetary Fund Extended Credit Facility (ECF)…
Government set to announce measures to cushion Malawians against devaluation
President Dr. Lazarus McCarthy Chakwera’s led administration is set to announce measures outlined to cushion Malawians against the effects of the recent devaluation of the Kwacha
Former RBM Governor Dalitso Kabambe trashes Wednesday’s 44% Kwacha devaluation
Former Reserve Bank of Malawi Governor Dalitso Kabambe has described Wednesday’s 44 percent Malawi Kwacha devaluation as reckless.
