economy Archives

Malawians demonstrated courage, resilience in 2022 – Chakwera

Jan 01, 2023 Mwayi Mkandawire 0 &

President Lazarus Chakwera has hailed people in Malawi for their courage, resilience and dedication to the country in 2022, a year in which Malawians suffered under the weight of high prices of goods and services… ...

Lilongwe Archdiocese’s acquisition of MyBucks Bank gets approval

Dec 29, 2022 Mwayi Mkandawire 0 &

The Catholic Archdiocese of Lilongwe has acquired 49 percent shareholding in MyBucks Banking Corporation and the deal has been approved by the Reserve Bank of Malawi (RBM). This is according to a statement dated 28… ...

Malawians urged to start using gas cookers

Dec 24, 2022 Mike Kalumbi 0 &

Mayor for Lilongwe city Council Richard Banda has asked people in the country to stop using charcoal and start using affordable gas cooker as one way of preventing deforestation in the country. The Mayor made… ...

RBM introduces instant electronic money transfer

Dec 22, 2022 Russell Kondowe 0 &

The Reserve Bank of Malawi (RBM) says starting on December 1 this year, all transactions initiated through commercial banks' mobile or internet banking are being processed instantaneously with recipients getting the money instantly. The bank… ...

Chakwera urges Malawians not to give up

Dec 22, 2022 Malawi News Agency (MANA) 0 &

President Lazarus Chakwera has called upon Malawians to remain hopeful and steadfast in prayer despite the distress that the nation is experiencing. Speaking in Lilongwe on Wednesday when he attended the National Day of Prayer,… ...

Price of Malawi Gin, Vodka goes up

Dec 21, 2022 Malawi24 Reporter 0 &

Castel Malawi has increased price of Malawi Gin and Malawi Vodka from K7, 000 to K9, 000 effective today. In a notice to customers dated 20 December, 2022, the company's director of marketing Nelson Zoto… ...

Malawi to get US$150 million from World Bank

Dec 19, 2022 Russell Kondowe 0 &

The World Bank says it will provide US$150 million (over K153 billion) to Malawi to be used for maize purchase, fight against Cholera and other needs in the health sector. According to public broadcaster MBC,… ...