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Mozambican Man Arrested In Mchinji for Possessing Fake Currency
09 May 2025 13:15 GMT
… currency amounting 36,000 meticais which he wanted to exchange it Malawi kwacha …
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Atupele Unpacks His Business First Strategy to Fix the Malawi Economy
24 Apr 2025 21:46 GMT
… band to stabilise the Kwacha and curb inflation.
Restrict … country—“bought in forex, sold in forex.”
Prioritise forex allocation for … VAT on forex-generating tourism, to make Malawi a more … , reinvesting the savings into forex-generating sectors like mining, …
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Malawi Kwacha in quarter 1 mixed performance
02 Apr 2025 08:36 GMT
… quarter under review, the Kwacha appreciated against the United … weakening the global reserve currency to offer it leverage … to indirect gains for the Malawi Kwacha.
“The occurrence is indeed … value of the local currency. Forex availability could improve if …
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Scrap off 30% forex conversion rule
18 Apr 2025 06:19 GMT
… to be converted into Malawi Kwacha, arguing that the rule … unfair,” he said.
Lake Malawi Aquaculture Managing Director David … backed calls to revise the forex surrender requirement.
“Exporters … to help the country secure forex for essential national imports. …
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Malawi Economic Crisis Deepens as U.S. Cuts $177 Million in Vital Aid, New Report Reveals
16 Apr 2025 19:56 GMT
… foreign assistance has sent Malawi spiraling into its worst … suspension has slashed Malawi’s foreign currency reserves by an … essential goods. The local kwacha currency has plummeted on parallel … skyrocketing.
IFPRI economists project Malawi’s GDP will shrink …
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Reserve Bank of Malawi put up measures to end forex crisis
22 Mar 2025 07:29 GMT
… to ensure that all forex traders operate with high integrity … strict measures to curb illegal forex trading, including a requirement … the central bank and the Malawi Revenue Authority (MRA),” said … a person in kwacha while they hold the forex outside,” he …
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Reserve Bank of Malawi eyes crackdown on ‘Hawala’ dealings
12 Apr 2025 05:46 GMT
… remittance inflows and bolster forex reserves but a financial … Mafuta Mwale told Malawi News Friday that Malawi stands to … benefit from such coordinated efforts through boosting foreign currency … official rate of the Kwacha in the banks is …
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Airtel Nigeria revenue fell by 30.4% to $1.04bn, returns to profit in African markets
08 May 2025 22:59 GMT
… respectively.
On a constant currency basis, voice revenue grew … network provider’s constant currency revenue growth accelerated to … East Africa region (Kenya, Malawi, Rwanda, Tanzania, Uganda, … of the Zambian kwacha and the Malawian kwacha, partially offset by …
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President Chakwera applauds Malawi tobacco farmers for forex contribution
09 Apr 2025 18:36 GMT
… farmer’s efforts by bringing forex which is helping the country … s economy as it brings forex from different countries and … can help to stabilise the Kwacha.
“Tobacco farmers play a … , Malawi would have experienced more challenges due to shortage of forex — …
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New foreign exchange act sparks debate over exporters access to forex
08 Apr 2025 12:15 GMT
… exporters’ access to foreign currency.
Deputy Chairperson of … in turn, strengthening Malawi’s foreign currency reserves.
However, critics … on illicit forex trading and stabilize the kwacha, some … critical inputs.
As Malawi navigates forex shortages and rising …