Malawi’s central bank, the Reserve Bank of Malawi, says it will resume the rationing of foreign exchange (forex) to contain shortage of money next month.
The bank’s governor Perks Ligoya says the move is aimed at containing shortage of foreign money in the country, according to Thursday’s The Nation.
Malawi has for the past year suffered from [...]

Economic experts in Malawi say people keeping their money with the country’s banks are losing out because what they get as interest is far below the country’s inflation rate.
The economic experts have since advised banks to increase their savings rates to within or above the inflation rate which currently stands at 7.5 per cent, according [...]

A Malawian police officer has been arrested after being implicated in a K39.5 million (about $254,839) that mysteriously went missing from a Malawi Electoral Commission bank account, a development that confirms suspicions that the police officers help criminals steal.
The Fiscal police confirmed to The Daily Times the arrest of Detective Sergeant Dyson Banda, 26. He [...]

Support for Malawi’s vice president Joyce Banda is building with the country’s non-governmental organisations (NGOs) mother body, the Council for Non-Governmental Organisations in Malawi (CONGOMA), pledging to support any woman vying for a position including that of the presidency.
This should be the first sign that a decision by the ruling Democratic Progressive Party (DPP) to [...]

South African mining experts and a Malawian ex-minister have expressed interest to open free-mining skills academy in Malawi which will be donor funded.
Speaking to representative of the civil society and the private sector in Lilongwe, Andre Tsakos, a South African, said a request has already been made to the Office of the President and Cabinet [...]

The Reserve Bank of Malawi (RBM) announced a reduction in the official interest rate from 15 percent to 13 percent because of a positive environment prevailing in the economy.
“As you know, inflation rate has been stable for sometime and it has come down to 7.5 percent now. We don’t envisage the inflation to go up [...]

Battle lines seem drawn for the presidency of Malawi after vice president Joyce Banda said she would announce her presidential ambitions when time is ripe, two days after declaring that it is Malawians who will choose who they
want.
On Friday, Malawi’s oldest newspaper *The Daily Times* carried an article stating the party which Joyce Banda serves [...]

Malawi’s president Bingu wa Mutharika is set to hand leadership to his younger brother, Peter, after his Democratic Progressive Party (DPP) nominated him for the hot seat, another of arbitrary decision the party – which has never had a convention since its formation in 2005 – likes to make.
This confirms rumours that have been going [...]

The outgoing Chinese envoy to Malawi Lin Songtian said Malawi is a country of abundant natural resources that can transform lives of its people but the marketing system is very poor.
“Most Malawians are poor not that they are not hardworking, it is the marketing problem that is pulling them down. The system needs to be [...]

Malawi’s telecommunications regulator, the Malawi Communication Regulatory Authority (MACRA) has slapped a third licensed cell phone operator G Mobile with a penalty of $6.9 million (about K1.2 billion) for failing to roll out its network.
The regulatory body imposed the penalty on May 20 this year and gave the firm 30 days to pay.
Malawi has currently [...]