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 : #MalawiEconomy
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...
MRA rolls out Electronic Invoicing System nationwide
The Malawi Revenue Authority (MRA) has announced the full rollout of the Electronic Invoicing System (EIS), aimed at improving efficiency and tax compliance. In a...
RBM holds interest rate, tightens bank reserves
The Reserve Bank of Malawi has kept its main interest rate (Policy rate) unchanged at 24.0 percent, while increasing the amount of money commercial banks...
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...
RBM Introduces 50, 20 Kwacha coins
The Reserve Bank of Malawi (RBM) has announced the introduction of new 50 and 20 Kwacha coins, set to enter circulation on 24 April 2026,...
Business awards aim to energise Malawi’s industrial drive
Malawi’s efforts to revitalise manufacturing and accelerate industrialisation are expected to receive a boost when the National Product Magazine (NPM) Year-End Awards take place on...
MNT welcomes move to harmonise currency in tobacco buying
The Media Network on Tobacco (MNT) has applauded the Malawi Government for its recent decision to harmonise the currency used in tobacco purchases, a move...
NICO toasts to trust, growth at ‘Time Elixirs’
NICO Holdings plc says moments are worth more when shared with the people who make progress possible. With that spirit, the Group hosted its exclusive...