economy Archives

Off-target: Four years down the line, Chakwera still blames DPP for economic challenges, offers no solution to current problems

Feb 14, 2025 Malawi24 Reporter 0 &

The President of the Republic of Malawi today presented the State of Nation Address (SONA) at the parliament building in Lilongwe. In his address, Chakwera focused much on some developments his government has done in… ...

Activist Malata calls RBM, security agencies to deal with illegal forex trading

Jan 26, 2025 Synd Kalimbuka 0 &

Renowned activist Fredrick Billy Malata has called authorities to immediately deal with the forex black market, which is partly affecting the economy in the country. Malata said it is worrisome to see that the country's… ...

Malawi to enjoy steady sugar supply as Salima sugar set to boost production

Dec 30, 2024 Archangel Nzangaya 0 &

Malawi is set to have a steady supply of sugar following Salima Sugar Limited's decision to increase its processing capacity from 1,250 metric tonnes to 1,850 metric tonnes per day. Speaking on Friday during Blantyre… ...

Balaka’s SP-GEAR Project fosters economic empowerment

Dec 14, 2024 Macdonald Kaleso 0 &

It was a moment of excitement, disbelief and pride as members of Chimpakati Savings and Loans Group Network in Senior Chief Chamthunya, Balaka District, gathered to share their MWK16 million collective savings. As they shared… ...

Malawi’s Central Bank imposes foreign currency withdrawal limits on diplomats

Dec 09, 2024 Archangel Nzangaya 0 &

The Reserve Bank of Malawi (RBM) has introduced new regulations limiting the amount of foreign currency diplomats and their embassies can withdraw from their accounts. Under these rules, diplomatic offices can withdraw up to $15,000… ...

Fuel Crisis: Economic experts sound alarm on looming price hikes

Nov 03, 2024 Malawi24 Reporter 0 &

Economic experts have sounded a warning to citizens of tougher times ahead if the persistent fuel crisis remains unresolved. The scarcity of fuel has disrupted goods transportation, triggering price increases for some commodities, and experts… ...

Tiyika njira zotukulira chuma cha dziko lino – Chakwera

Oct 01, 2024 Ephraim Mkali Banda 0 &

Mtsogoleri wa dziko lino a Lazarus Chakwera watsimikizira bungwe la International Monetary Fund (IMF) ndi World Bank kuti dziko la Malawi lipitiliza kuika njira zabwino zokwezera chuma chake. Chakwera wanena izi pa mkumano ndi akuluakulu… ...