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Reserve Bank of Malawi

Type: Organization

Name: Reserve Bank of Malawi

First reported 23 hours ago - Updated 23 hours ago - 1 reports

Malawi ceases use of old bank notes

Business Featured Malawi Government has scraped all bank notes that were in circulation prior to the introduction of new Malawi Kwacha series last year on May 23, the Reserve Bank of Malawi (RBM) has declared.The bank, in line with Section 20 of the Reserve ... [Published Nyasa Times - 23 hours ago]

Entities: Malawi, Reserve Bank of Malawi, John Chilembwe, Kamuzu Banda, Mzuzu (Malawi)

First reported May 22 2013 - Updated May 22 2013 - 1 reports

RBM buying excess forex

The Reserve Bank of Malawi (RBM) has moved into the local market to buy excess United States dollars as it tries to build its reserves to be released once the plentiful season comes to an end.RBM spokesperson Efford Goneka told The Business Times on Monday ... [Published Malawi Daily Times - May 22 2013]

Entities: Forex, Tobacco, Malawi

First reported May 20 2013 - Updated May 20 2013 - 1 reports

Foreign reserves surge

The foreign currency situation in the country continues to improve, with the import cover climbing to 1.63 months as of May 10, official figures have indicated.Last Friday's daily money market report by Reserve Bank of Malawi (RBM) shows that official ... [Published Malawi Daily Times - May 20 2013]

Entities: Forex, Reserve Bank of Malawi, Tobacco

First reported May 17 2013 - Updated May 17 2013 - 1 reports

DfID pumps K8.7bn into health sector

The Department for International Development (DfID) of Britain has provided an additional £16 million (about K8.7 billion) towards the health sector but also to boost the country's foreign exchange reserves. Head of DfID in Malawi Sarah Sanyahumbi made ... [Published Malawi Daily Times - May 17 2013]

Entities: UK Department for International Development (DfID), Ken Lipenga, Malawi

First reported May 11 2013 - Updated May 11 2013 - 1 reports

Joyce Banda

Malawi Pres. Joyce Banda says battered economy back on track

Featured National Malawi’s battered economy is on track and $ that economic growth is on its way, President Joyce Banda has said.Banda said the country is now able to see signs of economic recovery with the the recent appreciation of the Kwacha $ against ... [Published Nyasa Times - May 11 2013]

Entities: Joyce Banda, Malawi, Reserve Bank of Malawi, Forex

First reported May 11 2013 - Updated May 11 2013 - 1 reports

Reserve Bank of Malawi decision on bank rate makes sense: ?Cut the chaff?

Columns Featured In$ Weekend Nation$ newspaper, popular columnist $ Ephraim Munthali of the$ $ ?Cut the chaff?continues to critique President Joyce Banda on economic issues. Here if the full articled as it appeared:I was not surprised to read$ on Thursday$ ... [Published Nyasa Times - May 11 2013]

Entities: Reserve Bank of Malawi, Chaff, Inflation

First reported May 07 2013 - Updated May 08 2013 - 2 reports

Malawi fuel prices slashed: Continued appreciation of Kwacha

Business Featured Malawi has reduced petrol and diesel prices .$ Nyasa Times understands that the cut is in response to continued appreciation of the kwacha.Malawi Energy Regulatory Authority (Mera) official$ said they dropping the price of petrol which ... [Published Nyasa Times - May 08 2013]

Entities: Malawi, Tobacco, Reserve Bank of Malawi, Diesel, Gasoline

First reported May 01 2013 - Updated May 01 2013 - 1 reports

JB happy Malawi Kwacha stabilizing, assures workers

Business Featured President Joyce Banda led the commemoration of the Labour Day in Malawi by reiterating her faith in the fundamentals of her economic policies which have seen the country?s bill stabilizing. Speaking when she presided over the commemorative ... [Published Nyasa Times - May 01 2013]

Entities: Joyce Banda, Malawi, Tobacco, Workers, Donor

First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

Call for a Radical rethink on financial planning

Cost-shy consumers are cutting themselves out of a fortune and are encouraged to do so by a legislative and media environment focused on fees not outcomes. To maximise their financial wellbeing, a major attitudinal shift is required by the average co ... [Published Insurance Gateway - Apr 30 2013]

Entities: Botswana, Mauritius, Reserve Bank of Malawi, Reserve Bank of Zimbabwe

First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

Innovation drives the Malawian insurance industry

While the Malawian insurance industry is highly regulated – insurers have successfully customised new insurance products to the non-life segment.Innovation is one of the key drivers for growth in Malawi’s small and growing insurance industry. According ... [Published Timetric - Apr 30 2013]

Entities: Malawi, Tobacco, Invention

First reported Apr 22 2013 - Updated Apr 22 2013 - 1 reports

Govt defends IMF meeting entourage

The Ministry of Finance has defended the number of people who attended the spring meetings of the International Monetary Fund and World Bank in Washington.A source within the civil service alleged that up to 21 officials from the ministry are attending ... [Published Malawi Daily Times - Apr 22 2013]

Entities: International Monetary Fund, Ministry of Finance, World Bank Group, Ken Lipenga, Reserve Bank of Malawi

First reported Apr 16 2013 - Updated Apr 16 2013 - 1 reports

Kajiyanike appointed deputy governor Reserve Bank of Malawi

Business Featured Demonstrating her commitment towards empowering women through appointments into higher positions, President Joyce Banda has appointed Meg Kajiyanike as the new Reserve Bank of Malawi (RBM) Deputy Governor.Kajiyanike will be responsible ... [Published Nyasa Times - Apr 16 2013]

Entities: Reserve Bank of Malawi, Appointed, Malawi

Quotes

"Where the kwacha settles will depend on a number of factors, including the extent of demand for forex, the amount of donor inflows as well as the amount of reserves the country will have" said Goneka

RBM buying excess forex [Published Malawi Daily Times - May 22 2013]

"We are surprised to hear that there will be a first auction because as far as the tea industry is concerned, we have a local auction running for more than 15 years" said Thindwa

Malawi already has tea auction [Published Malawi Daily Times - May 20 2013]

"This payment was severance due which is in line with the Pension Act Section 87 1J," he said. "The ex-employees are looking for the payment of all the money that they contributed to the fund before the enactment of the Pension Act after reviewing of assets and liabilities of the fund."

Govt owes Ex-Air Malawi staff K643m [Published Malawi Daily Times - May 18 2013]

"These funds will not only help the government of Malawi to meet critical healthcare needs but also provide an important opportunity to push ahead the necessary reforms that lead to drug stockouts" Sanyahumbi said

DfID pumps K8.7bn into health sector [Published Malawi Daily Times - May 17 2013]

More Content

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Malawi ceases use of old bank notes [Published Nyasa Times - 23 hours ago]
RBM buying excess forex [Published Malawi Daily Times - May 22 2013]
Malawi already has tea auction [Published Malawi Daily Times - May 20 2013]
Foreign reserves surge [Published Malawi Daily Times - May 20 2013]
Govt owes Ex-Air Malawi staff K643m [Published Malawi Daily Times - May 18 2013]
DfID pumps K8.7bn into health sector [Published Malawi Daily Times - May 17 2013]
Reserve Bank of Malawi decision on bank rate ma... [Published Nyasa Times - May 11 2013]
Malawi Pres. Joyce Banda says battered economy ... [Published Nyasa Times - May 11 2013]
Credit Data sues RBM for K218m [Published Malawi Daily Times - May 08 2013]
Malawi fuel prices slashed: Continued appreciat... [Published Nyasa Times - May 08 2013]
Malawi Kwacha gains ground against US dollar: E... [Published Nyasa Times - May 07 2013]
TNM launches Mobile Money Mpamba to build great... [Published Nyasa Times - May 02 2013]
JB happy Malawi Kwacha stabilizing, assures wor... [Published Nyasa Times - May 01 2013]
Call for a Radical rethink on financial planning [Published Insurance Gateway - Apr 30 2013]
Innovation drives the Malawian insurance industry [Published Timetric - Apr 30 2013]
Lipenga asks for additional financing to boost ... [Published Malawi Daily Times - Apr 22 2013]
Govt defends IMF meeting entourage [Published Malawi Daily Times - Apr 22 2013]
Malawi economy improving, my foot! -?Cut the ch... [Published Nyasa Times - Apr 20 2013]
Mulli whinges at Malawi ‘hostile business envir... [Published Nyasa Times - Apr 19 2013]
RBM has a new deputy governor [Published Malawi Daily Times - Apr 17 2013]
Kajiyanike appointed deputy governor Reserve Ba... [Published Nyasa Times - Apr 16 2013]
Malawi agenda for change is unstoppable: Atupel... [Published Nyasa Times - Apr 16 2013]
PAC to engage JB on Malawi’s economic hardship [Published Nyasa Times - Apr 15 2013]
Malawi activist Faustace Chirwa joins UDF: Vict... [Published Nyasa Times - Apr 15 2013]
AfrAsia wins Malawi dispute [Published Financial Gazette - Apr 15 2013]
Insurance Industry in Sierra Leone, Malawi, Bol... [Published PRWeb - Mar 31 2013]
UN food chief praises Malawi president Joyce Ba... [Published Guardian.co.uk - Mar 08 2013]
Malawi: Malawi’s President Faces a Crisis of Co... [Published ReliefWeb - Latest Updates - Jan 24 2013]