Month: December 2017 Posts

Malawi debt hits K2.5 trillion

Dec 06, 2017 Richard Jimu 70 &

The Malawi government has up to K2.5 trillion public debt to settle, at a time the nation is sailing through troubled waters. However Finance Minister in his speech in Parliament on Tuesday was upbeat the… ...

Govt makes U-turn on MK5,000 note

Nov 09, 2017 Bright Malenga 231 &

Malawi Government through Ministry of Finance says it has no plans to introduce a K5000 banknote. Finance Minister Goodall Gondwe earlier this week told the local media that his ministry was pushing for the introduction… ...

Malawians differ on MK5000 note

Nov 07, 2017 Bright Malenga 280 &

The Democratic Progressive Party (DPP) led government's plan to to introduce a MK5000 Malawians has elicited mixed reactions from Malawians. Malawi24 caught up with Malawians in Malawi's capital, Lilongwe and some them said that the… ...

Chi Five pin! Malawi Govt. ponders on new 5000 bank note

Nov 06, 2017 Mwayi Mkandawire 2 &

...Malawi is the only country in SADC with a least bank note - Goodall Barely a year after introducing a K2,000 bank note, the Malawi government has announced of plans to produce K5,000, Malawi24 has… ...

“Chi Five pin”: Malawi Govt. ponders on new K5000 bank note

Nov 06, 2017 Mwayi Mkandawire 444 &

Barely a year after introducing a K2,000 bank note, the Malawi government has announced plans to produce K5000 bank note. Finance Ministry Goodall Gondwe confirmed the plans on Monday. "It costs eight million dollar (about… ...

The JB nightmare: Former President puts Malawi in deep financial crisis

Oct 11, 2017 Russell Kondowe 3 &

At a time when analysts say Malawi is making promising strides to c, government is required to settle a debt amounting to 46 billion kwacha which emanated from the Joyce Banda era. The debt is… ...

Mutharika economics bearing fruits on paper

Sep 16, 2017 Russell Kondowe 11 &

The economic policies of the Peter Mutharika led government seem to be bearing fruits on paper. Currently, there has been a 13.5 percent drop to Malawi’s inflation over the past year, government says. According to… ...