Month: July 2020 Posts

Chakwera appoints new Malawi Central Bank Governor

Jul 08, 2020 Lindiwe Sambalikagwa 0 &

President Lazarus Chakwera has appointed a new Governor of the Reserve Bank of Malawi (RBM), following the firing of Dr Dalitso Kabambe. The Malawi leader has named Dr Wilson Tongani Banda as Governor of the… ...

RBM staff to continue working from home

May 04, 2020 Mike Lyson Zgambo 0 &

Reserve Bank of Malawi says some of its workers will continue to work from home in order to decongest the banks' offices amid the coronavirus pandemic. According to a notice signed by the Central Bank… ...

Airtel, TNM remove user fees and charges

Apr 22, 2020 Mike Kalumbi 0 &

Mobile Network Operators, Airtel and TNM have removed user fees and charges on personal transfers on the same network for a period of three months amid coronavirus which has hit the country with 18 confirmed… ...

Malawi banks suspend loan repayments

Apr 10, 2020 Mwayi Mkandawire 0 &

Commercial banks in Malawi have suspended loan repayments for three months due to the coronavirus pandemic. The banks revealed the arrangement in a statement signed by President of Bankers Association of Malawi (BAM) Kwanele Ngwenya… ...

Reserve Bank injects K12 billion into Malawi banks

Apr 03, 2020 Mwayi Mkandawire 0 &

The Reserve Bank of Malawi (RBM) has released K12 billion into Malawi’s banks to enable the banks to support sectors hit by the Covid-19 in Malawi. The bank announced the package in a Monetary Policy… ...

Reserve Bank boss hopeful Silver will win Super League

Mar 18, 2020 Mike Kalumbi 0 &

Reserve Bank Governor Dalitso Kabambe is hopeful Silver Striker will win the Super League in the 2020 season. Speaking today at the team’s headquarters, Kabambe whose organisation sponsors the club said he expects the team… ...

We can now easily detect cashgate – Reserve Bank

Jan 04, 2020 Lindiwe Sambalikagwa 0 &

The Reserve Bank of Malawi (RBM) says it has sealed off all the loopholes for siphoning public funds hence cashgate can now be easily detected and dealt with immediately. According to the bank’s governor Dalitso… ...