BNL launches The Business Times

[Gregory Gondwe: @Kalipochi] Blantyre Newspapers Limited (BNL) has launched a fifth title after the first issue of an exclusively business newspaper called The Business Times hit the streets last week. 10 Apr 2012 14:26

Revive IMF program or no assistance, donors tell Malawi

[Gregory Gondwe: @Kalipochi] Malawi's donors under the Common Approach to Budget Support (CABS) have asked the country to revive its International Monetary Fund (IMF) program or forget their financial assistance. 8 Dec 2011 13:33

Standard Bank wins Bank of the Year in Africa

The Banker, a leading journal of the global banking industry, has named Standard Bank as the 2011 Bank of the Year in Africa and Best Bank in Botswana, Lesotho, Malawi and Zimbabwe. 1 Dec 2011 16:01

ILO proposes monetary policies for Malawi's employment creation

[Gregory Gondwe: @Kalipochi] The International Labour Organisation (ILO) has released a report on Malawi which is trying to establish on how monetary policy instruments can be used to encourage Malawi onto a path of employment-generating growth. The report titled Macroeconomic policy for employment creation: The Case for Malawi released last month has identified three policy areas for consideration. 2 Nov 2011 12:19

Malawi hit by counterfeit money

[Gregory Gondwe] Malawi's central bank has issued a warning to the country after being severely hit by counterfeit notes of its biggest bill of 500 kwacha, a situation the Reserve Bank of Malawi (RBM) governor Dr. Perks Ligoya has described as undermining the integrity of the national currency. 30 Sep 2011 08:38

Malawi devalues national currency

[Gregory Gondwe] The President of Malawi, Bingu wa Mutharika's government which had been adamant on devaluing the national currency, the Malawi Kwacha (MK), has finally succumbed to the pressure. 10 Aug 2011 11:28

Unemployment, inflation worries hit consumer confidence

NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers. 27 Jan 2011 11:00

The Banker names Standard Bank best in Africa

The Banker, a global banking and finance industry journal, has named Standard Bank 2010's Best Bank in Africa and best bank in South Africa, Lesotho, Malawi, Uganda and Zimbabwe. 8 Dec 2010 09:28

Refugees can now own bank accounts

Refugees and asylum permit holders in South Africa will from now on be able apply for bank accounts in the country, the Home Affairs Department announced on Thursday, 11 November 2010. 12 Nov 2010 09:42

Zain Malawi launches mobile commerce service

[Gregory Gondwe] Zain Malawi, on 12 January 2010, launched a pilot phase of a new service that will enable customers to carry out financial transactions using their mobile phones. The mobile commerce service dubbed ZAP Khusa M'manja (money in your hands) is being rolled out this week in Malawi following a successful performance in East Africa Zain operations. 15 Jan 2010 11:48