Tag Archives: Reserve Bank of Malawi

Malawi President Joyce Banda discards presidential jet and luxury car fleet

June 4, 2012 by IndepthAfrica

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 … read more »

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Malawi devalues kwacha by 50%, leading to panic-buying

May 7, 2012 by IndepthAfrica

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, … read more »

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New Malawi president sacks central bank governor

April 25, 2012 by IndepthAfrica

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 … read more »

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Statement at the Conclusion of an IMF Staff Mission to Malawi

April 2, 2012 by IndepthAfrica

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 … read more »

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