Reserve Bank of Malawi

By IndepthAfrica
In East Africa
Jun 4th, 2012
1 Comment
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Malawi’s new president has made numerous breaks from her autocratic predecessor but few will be this popular: she has dumped his presidential jet and fleet of luxury cars. Joyce Banda, who came to power in April after the death of Bingu wa Mutharika, has barely paused in her drive to overturn h...
By IndepthAfrica
In Southern Africa
May 7th, 2012
0 Comments
26 Views
Shoppers in Malawi have been scrambling to buy basic goods, fearing huge price rises after the currency was devalued by 50%. The BBC’s Raphael Tenthani in Blantyre says that many shops had run out of staple foods such as sugar, cooking oil and bread by the end of Monday. The kwacha was devalued...
By IndepthAfrica
In East Africa
Apr 25th, 2012
1 Comment
43 Views
Malawi’s new president Joyce Banda has fired the aid-dependent nation’s central bank governor and named a telecoms CEO to replace him, state radio said on Wednesday, getting rid of another of her predecessor’s men as she tries to woo back donors. Banda has chosen Charles Chuka, head...
By IndepthAfrica
In Press Releases
Apr 2nd, 2012
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n IMF staff team, led by Mr. Tsidi Tsikata, concluded a two-week visit to Malawi today to conduct discussions for the 2012 Article IV consultation.1 The mission paid a courtesy call on His Excellency President Bingu wa Mutharika, and held discussions with Minister Ken Lipenga (Finance and Development...