economy Archives

IMF to give Malawi K76 billion

Oct 03, 2020 Mwayi Mkandawire 0 &

The International Monetary Fund (IMF) has approved a disbursement of US$101.96 million (K76.5 billion) to Malawi to help close the immediate additional external and fiscal financing gaps. This is the second emergency disbursement under the… ...

Regional Integration as a Tool for Wealth Creation in Africa

Aug 21, 2020 Khaled Sherif* 0 &

The COVID-19 pandemic and its health and economic impacts has forced a global rethink of the current multilateral framework and what it means for the future. For Africa, COVID-19 has served as a wake-up call… ...

MK1.5 million/month house in Lilongwe triggers Malawi twitter

Apr 23, 2020 Aubrey Makina 0 &

If your salary is not yet a seven digit, look away. A house in Lilongwe marketed at a monthly rental of 1.5 million Kwacha has raised eyebrows among Malawians. The house, a four bed roomed… ...

Expert calls for measures to protect Malawi’s economy

Mar 27, 2020 Barbara Chimera 0 &

An economic expert says the government should put in place measures that will protect the country’s economy amid the coronavirus pandemic. Speaking to Malawi24, Professor Ben Kalua said Malawi will face very heavy effects in… ...

Coronavirus, 2020 elections affecting Malawi Govt revenue

Mar 25, 2020 Mwayi Mkandawire 0 &

The International Monetary Fund (IMF) says pressures from COVID-19 and political uncertainties ahead of the 2020 presidential elections are affecting government’s revenue. The IMF said this in a statement on Tuesday after a team led… ...

Mvula urges youth to demand good programs from leaders

Mar 20, 2020 Cosmas Kagulo 0 &

Political commentator Humprey Mvula has urged young people in the country to demand good programs from leaders of their political parties rather than being used to cause violence. Speaking in an interview with Malawi24, Mvula… ...

Malawi economy showed resilience in 2019 – RBM

Jan 04, 2020 Richard Jimu 0 &

The Reserve Bank of Malawi (RBM) says Malawi’s economy demonstrated remarkable resilience throughout 2019 despite political uncertainty during the year. The central bank’s governor Dalitso Kabambe said this when commenting on the effects of last… ...