The Banking & Finance community of Malawi

Africa needs economic integration

Wed, 27 Mar 2013 09:40:00 +0200

African countries must integrate their economies in order to support a new wave of industrial development across the continent‚ Department of Trade and Industry Minister Rob Davies said Tuesday (26 March).
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Norton Rose tells insurers to tread carefully in Africa

Wed, 20 Mar 2013 09:25:00 +0200

Global legal practice Norton Rose has advised South African insurers expanding into other African countries to look beyond the sector-specific regulatory requirements in the jurisdictions they are entering as failure to do so could undermine their investments.
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Mobile money could encourage savings

Wed, 27 Feb 2013 07:33:00 +0200

Research in northern Ghana funded by SWIFT (Society for Worldwide Interbank Financial Telecommunication) showed that mobile money can help foster a savings culture and address financial exclusion.
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Africa's remittance costs too high says World Bank

Tue, 29 Jan 2013 15:18:00 +0200

Bringing remittance prices down to 5% from the current 12.4% average cost would put US$4bn more in the pockets of Africa's migrants and their families who rely on remittances for survival‚ the World Bank said on Monday (28 January).
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BNL launches The Business Times

Tue, 10 Apr 2012 14:26:00 +0200

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.
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Revive IMF program or no assistance, donors tell Malawi

Thu, 08 Dec 2011 13:33:00 +0200

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.
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Standard Bank wins Bank of the Year in Africa

Thu, 01 Dec 2011 16:01:00 +0200

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.
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ILO proposes monetary policies for Malawi's employment creation

Wed, 02 Nov 2011 12:19:00 +0200

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.
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Malawi hit by counterfeit money

Fri, 30 Sep 2011 08:38:00 +0200

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.
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Malawi devalues national currency

Wed, 10 Aug 2011 11:28:00 +0200

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.
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