Month: March 2016 Posts

Malawi Farmers angered with Kwacha appreciation

Mar 16, 2016 Luke Bisani 91 &

Farmers Union in Malawi (FUM) has expressed concern over the appreciation of the local currency against major currencies. According to FUM, the appreciation is an embarrassment to local farmers who grow the country's main export… ...

Breaking: Fuel prices raised

Mar 03, 2016 Aubrey Makina 375 &

Fuel prices have effective tonight gone up in Malawi, Malawi24 can exclusively reveal. Information that we have indicates that the stability of oil prices globally has prompted the Malawi Energy Regulatory Authority (MERA) to assent to… ...

Malawi Crisis: Illovo sugar sales go down by 40 percent

Feb 19, 2016 Richard Jimu 196 &

At a time when Malawi's economy continues to stumble, Illovo Sugar Malawi limited has disclosed that its sugar sales in the country have been hit hard to the extent of slipping to 40 percent. The… ...

2016 to start on a bad note as Kwacha falls again

Jan 01, 2016 Richard Jimu 167 &

Malawians must brace themselves for harder economic times in 2016 unlike those faced in the year ending as the Kwacha has yet again fallen against major foreign currencies with a reported increase in inflation. Having… ...

Banker says the Kwacha must not be fixed

Oct 23, 2015 Victoria Milanzi 26 &

A player in the banking industry says that fixing the Malawi Kwacha is not a solution to the continuing depreciation of the local currency against the dollar. The Malawi Kwacha is faring well on the… ...