economy Archives

Malawi has no Forex: RBM starts rationing distribution

Sep 21, 2022 Shorai Mopiwa 0 &

The Reserve Bank of Malawi (RBM) says the bank is rationing distribution of forex to sectors in the country amid the scarcity of forex which has affected importation of commodities such as fuel. Deputy Governor … ...

Nacala Logistics hikes train fares

Sep 20, 2022 Shorai Mopiwa 0 &

Nacala Logistics has increased passenger train fares due to a rise in inflation and prices of fuel as well as the devaluation of the Malawi Kwacha. The company released a memo yesterday informing its customers… ...

Chakwera wants Malawi to become world’s greatest food reserve

Sep 20, 2022 Mwayi Mkandawire 0 &

President Lazarus Chakwera has urged investors in the United States to invest in Malawi, saying his administration is ready to work with the investors to create the world’s greatest food reserve in Malawi. The President… ...

ECAM says truck drivers directing anger to wrong party

Sep 19, 2022 Mike Kalumbi 0 &

Employers' Consultative Association of Malawi (ECAM) has faulted drivers under Professional Drivers Association of Malawi (PODUM) who are planning to stage a strike to force government to increase their salaries, saying the drivers are directing… ...

UNGA: Chakwera’s delegation collecting at least US$21,000 per day in allowances

Sep 17, 2022 Malawi24 Reporter 0 &

Chakwera and Minister of Foreign Affairs Nancy Tembo (R) in New York The majority of the people who have accompanied President Chakwera to the United States for the United Nations General Assembly (UNGA) are getting… ...

Misonkho ya a Malawi: Ma alawasi abowoka ku UNGA

Sep 17, 2022 Archangel Nzangaya 1 &

Pomwe a Malawi ochuluka akudandaula za mavuto adzaoneni pankhani ya zachuma, anthu omwe aperekeza mtsogoleri wa dziko lino a Lazarus Chakwera ku nsonkhano wamayiko (UNGA), akhala akupuma moyo wina akabwera kumudzi kuno, pomwe malipoti akusonyeza… ...

CDEDI demands disclosures on procurement of medical supplies

Sep 17, 2022 Martha Chikoti 0 &

The Centre for Democracy and Economic Development Initiatives (CDEDI) has written Central Medical Stores Trust (CMST) demanding disclosure of companies involved in the latest supply of medical essentials amid concerns that forex scarcity has affected… ...