Devaluation Archives

No plans to devalue local currency, value Kwacha at K1750

Feb 25, 2025 Malawi24 Reporter 1 &

The Reserve Bank of Malawi (RBM) has given assurance to the general public that it has no plans to devalue the Malawian Kwacha, despite the economic challenges facing the country. This assurance comes as the… ...

Cooking oil prices rise again

Nov 22, 2024 Burnett Munthali 0 &

The cost of living continues to climb as cooking oil prices have increased yet again, leaving many Malawians struggling to make ends meet. As of today, a 5-litre bottle of Kukoma cooking oil is now… ...

RBM dismisses rumours of kwacha devaluation

Sep 11, 2024 Archangel Nzangaya 0 &

The Reserve Bank of Malawi (RBM) has categorically denied reports circulating on social media that the International Monetary Fund (IMF) has recommended a 60 per cent devaluation of the Malawi Kwacha. In a statement released… ...

Nationwide Shutdown Planned in Malawi: Citizens Rally Against Economic Hardships and Governance

Jun 25, 2024 Burnett Munthali 0 &

Citizens of Malawi are preparing for a widespread shutdown demonstration on the 10th of July 2024, spanning major cities such as Blantyre, Zomba, Mangochi, Lilongwe, and Mzuzu. The planned protest is a response to deep-seated… ...

Sitikugwetsanso Kwacha – yatsutsa RBM

May 23, 2024 Archangel Nzangaya 0 &

Banki yaikulu m'dziko muno ya Reserve (RBM) yatsutsa mphekesera zomwe zikumveka kuti ikufuna ichepetseso mphamvu za ndalama ya dziko lino. Nkhaniyi ikudza pomwe pamasamba a mchezo pakhala pakuzungulira mphekesera yoti RBM ikufuna kutsitsanso mphamvu ya… ...

Kugwa kwacha, kukwera kwa zipangizo za ulimi wa fodya kukupweteka alimi-watero Banda

Apr 15, 2024 Martha Chikoti 0 &

A Chinoko Banda, yemwe ndi m’modzi mwa alimi omwe amalima komanso kugulitsa fodya, wadandaura kuti kukwera kwa zipangizo za ulimi wa fodya monga feteleza kamba kakugwa kwa kwacha, kwapangitsa kuti alimi adzipeza phindu lochepa pa… ...

Airtel Malawi hikes prices for bundle packages

Apr 06, 2024 Archangel Nzangaya 0 &

Airtel Malawi Limited has increased prices for bundle packages by reducing benefits that are attached to each of the bundles due to the devaluation of Malawian currency. This is contained in a public notice that… ...