By Burnett Munthali Statistics from the Foreign Exchange Auction held on Wednesday last week show that the Malawi Kwacha has maintained stability against the United States dollar. Bertha Chikadza, president…
By Chisomo Phiri Malawi’s national debt has increased to 13.1 trillion Malawian kwacha as of December 2023, up from 9.3 trillion kwacha in the previous year. According to Ministry of…
By Chisomo Phiri The Reserve Bank of Malawi (RBM) has announced the depreciation of Malawi kwacha by three percent and that the local currency will now be trading at K…
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…
By Linda Kwanjana Malawi’s journey towards economic growth is on course following the announcement by the Reserve Bank of Malawi (RBM) which shows that the exchange rate between the kwacha…
