finance Archives

head of an organisation involved in the fight against child marriages in Malaiw

Organization calls for support in fighting against child marriages

Nov 29, 2023 Martha Chikoti 0 &

People Serving Girls at Risk, one of the organizations that has been fighting against child marriages, says inadequate of funding has been a major challenge to support girls that were rescued from early marriages by… ...

Zantchito entrepreneurship and access to finance geared in job creation drive

Nov 29, 2023 Macdonald Kaleso 0 &

Dzuka Africa Organization in partnership with Zantchito Entrepreneurship and Access to Finance has launched the Zantchito program in Balaka with a call for young entrepreneurs and graduates to be innovative and not rely on job… ...

Malawi Finance Minister says Kwacha was overvalued

Nov 13, 2023 Chikondi Daza 0 &

Minister of Finance Simplex Chithyola-Banda has backed the decision to devalue the Malawi Kwacha saying the Malawian currency was overvalued and this was affecting the country’s economy. Minister responsible, Simplex Chithyola-Banda said this at Bingu… ...

Fruits of Saudi Arabia trip: Chakwera secures K34bn funding for Makanjira Road construction

Nov 11, 2023 Malawi24 Reporter 0 &

President Lazarus Chakwera's trip to Saudi Arabia is already bearing fruits as the Malawi leader has signed a financial partnership agreement of K34 billion with the Saudi Fund for Development meant for the construction of… ...

President Lazarus Chakwera and Vice President Saulos Chilima have been ruling the country together since 202

Mangani malamba: Kwacha yachepetsedwa mphamvu

Nov 09, 2023 Archangel Nzangaya 0 &

Pamene zinthu zikuvuta kale, anthu m’dziko muno ayembekeze kuti zinthu zitha kufika pothina zedi kamba koti ndalama ya kwacha yachepetsedwa mphamvu kuyelekeza ndi ndalama ya dollar ya ku America. Izi ndi malingana ndi chikalata chomwe… ...

The Governor of Reserve Bank of Malawi (RBM) Alison Banda has encouraged citizens in the country to start saving money for future use, saying the money they can save today could be of great use in the future when they retire.

RBM Governor encourages people to start saving money

Nov 07, 2023 Mike Kalumbi 0 &

The Governor of Reserve Bank of Malawi (RBM) Wilson Banda has encouraged citizens in the country to start saving money for future use, saying the money they can save today could be of great use… ...

Malawi launches Mgodi overdraft facility

Nov 03, 2023 Mike Kalumbi 0 &

In a joint effort between FINCA, Kuunda, and Airtel, the Mgodi Overdraft Facility project was unveiled on October 31, 2023, with the aim of alleviating liquidity challenges faced by mobile money agents. This initiative, a… ...

Airtel Africa reports revenue growth

Oct 31, 2023 Macmillan Mhone 0 &

Airtel Africa which operates in 14 countries has reported 19.7% growth in constant currency revenue, with reported currency revenues up by 2.3% to US$2.6 billion (about K3 trillion). The provider of telecommunications and mobile money… ...

FMBcapital Holdings post K47 billion profit

Oct 31, 2023 Archangel Nzangaya 0 &

FMBcapital Holdings (FMBCH), the holding company for First Capital Bank operations, has reported a half-year profit after tax of US$42 million (about K47 billion) which is up by 67% from the same period last year.… ...

New Malawi Finance Minister Chithyola lacks experience – analyst

Oct 09, 2023 Archangel Nzangaya 0 &

A political and social commentator has questioned the appointment of Simplex Chithyola Banda as Minister of Finance saying he lacks experience related to the role. This comes as on Saturday, President Lazarus Chakwera appointed Simplex… ...

Mafuta ngambwingambwi akubwera lolemba lomweli – atero a boma

Oct 06, 2023 Mike J. Kangwele 0 &

Mizere yonse mukuyionayi, ati mukuyiona komaliza. Kuyambira lolemba lomweli ili, mafuta akhala paliponse moti malo omwetsera mafuta azichita kuyitanira anthu. Atelo ndi a boma. Malinga ndi mlangizi wa a Chakwera a Ephraim Chibvunde, mafuta osowa… ...

Samalani uko! A ma truck aopseza kuti anyanyalanso ntchito

Oct 04, 2023 Kondwani Mkhalipi-Manyungwa 0 &

Palibe kopumira. Ngati a boma akuti mafuta akusowa chifukwa palibe ndalama za kunja, pompano aonjezekera kusowa chifukwa sipakhala owanyamula. Onse oyendetsa galimoto zikuluzikulu ati kuyambira pa 18 apa ayamba kunyanyala ntchito. Malinga ndi Malipoti, madalayivalawa… ...