Former Reserve Bank of Malawi (RBM) governor Dr. Dalitso Kabambe has taken a swipe on measures government has just announced to cushion Malawians on the effects of 44percent kwacha devaluation saying it is like quenching fire with flammable material.
Politician...
Some three-hour drive from Mangochi Boma to Ntonda, there lies a beautiful structure one would think is a house of the head teacher for some primary school. But it is a Community Based Childcare Centre (CBCC).
Traditional Authority Ntonda calls...
By Iommie Chiwalo
As authorities are struggling to justify the current 44 percent devaluation, Centre for Democracy and Economic Development Initiatives (CDEDI) has challenged Finance and Economic Affairs Minister Simplex Chithyola-Banda to provide documentary evidence, complete with figures, to illustrate...
NBS Bank Plc has donated four air conditioners and one executive office chair worth K10 million to Thyolo District Council.
In her speech after presenting the items at the council offices on Thursday, NBS Head of Retail Banking Victoria Chanza...
LILONGWE, NOVEMBER 11, 2023—Standard Bank Plc marked its return to music concerts in style, successfully pulling a huge crowd and lighting up the night with the inaugural Kumbali Live concert at Kumbali Lodge in Lilongwe.
On stage, internationally acclaimed South...
FDH Bank Plc has become the first Southern African bank to access a US10 million Africa Trade Exchange (ATEX) facility agreement set to reshape the agricultural landscape in the region.
ATEX is an online platform developed by the Economic Commission...
Giant ethanol distiller, Ethanol Company Limited (EthCo) has pumped in K6 million sponsorship for this year’s Crocodile Inter-Club Ladies Golf Tournament scheduled for Lilongwe Golf Club on 18th and 19th November 2023.
Speaking during a cheque presentation event recently, EthCo Chief Executive...
Lilongwe-based Mike Lupanga emerged the grand winner of the Standard Bank Plc’s Trolley Dash that was activated to propel digital transactions during the grand opening of Chipiku Plus City Centre shop in Lilongwe.
Through its Blue Weekend activations which aim...
NBS Bank has said it is committed to supporting the primary school feeding program because it believes the program can accelerate primary school education in the country.
NBS Bank Head of Marketing and Customer Experience Tamanda Ng’ombe said in a...
Former Reserve Bank of Malawi Governor Dr Dalitso Kabambe has described Wednesday’s 44 percent devaluation of the kwacha as reckless.
According to Kabambe, there will be no recovery from the macroeconomic meltdown in the aftermath of the devaluation.
He said the devaluation...
