DIC urges public to bank with confidence
The Deposit Insurance Corporation is urging Malawians to keep their money in licensed banks, emphasising that deposits are protected even if a bank fails. Addressing...
Tag : #FinancialInclusion
Poverty rate falls as Government launches Sixth Household Survey Report
The Government has launched the Sixth Integrated Household Survey (IHS6), revealing a decline in Malawi’s national poverty rate while underlining persistent challenges related to food...
RBM launches new payments strategy to drive digital economy
The Reserve Bank of Malawi (RBM) has unveiled a National Payments Systems Strategy to accelerate the country’s transition to a digital economy between 2026 and...
MEDF owed K240 billion, tasked to recover loans from defaulters
The Government has launched the Malawi Enterprise Development Fund (MEDF), formerly the National Economic Empowerment Fund (NEEF), with a renewed drive to recover unpaid loans...
Regional digital payments to boost trade, ease forex pressure – RBM
Deputy Governor of the Reserve Bank of Malawi, Kisu Simwaka, says regional efforts to harmonise and modernise payment systems will boost cross-border trade and reduce...
Ministry of Trade pledges support for SACCO growth
By McDonald Chiwayula & Charles Pensulo The Ministry of Industrialisation, Business, Trade and Tourism says it is working towards growing Savings and Credit Cooperative Societies...
TNM Mpamba injects K7.5 million into 2025 Bankers Conference
TNM Mpamba, a subsidiary of Telekom Networks Malawi Plc (TNM), has announced a K7.5 million sponsorship package for the upcoming 2025 Annual Conference of the...
Restoring Mpatsa Hill: A blueprint for resilience and agricultural prosperity in Phalombe
In the heart of Phalombe District, where the scars of cyclones and environmental degradation were once the harsh reality for farmers, the Mpatsa Watershed Management...