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Naira Trades Stronger in July as Currency Reform Begins to Yield Dividends
02 Jul 2025 14:29 GMT
… . In the such as Ethiopia, Malawi, and Egypt, the same drivers … of the currency, while Ghana’s cedi and Zambia’s kwacha also … for full recovery. For sustained currency appreciation, Nigeria would nevertheless need …
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Forex shortages hit mega hotel project
30 Jun 2025 15:54 GMT
… hampered by foreign exchange (forex) shortages, with the project … project requires billions of Kwacha worth of imported materials … banks.
“The scarcity of forex will have a multiplier … market rates.
Tobacco remains Malawi’s primary foreign exchange earner …
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Chakwera’s cabinet ministers assessment: How embattled Finance Minister Simplex Chithyola Banda fails to fix Malawi’s ailing economy
20 Jun 2025 04:48 GMT
… Malawi has been fraught with difficulties, including high inflation rates, currency … stalling economic growth.
Currency depreciation has also … s leadership.
The Malawian kwacha has seen significant … manage inflation, stabilize the currency, simplify the tax …
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ANALYSIS | Kabambe Wants to Remove Zeros from the Kwacha: Malawi Deserves Better Than Fancy Math and Empty Promises
19 Jun 2025 12:33 GMT
… Debt is worsening. The forex shortage is crippling. This … get robbed.
A Billion-Kwacha Distraction
Kabambe’s flashy scheme … accounting system across government. Malawi would spend an estimated … truth is that Malawi doesn’t have a currency design crisis. …
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SMEs issue ultimatum on forex, other challenges
18 Jun 2025 09:48 GMT
… and Exporters Association of Malawi says it will hold … relating to access to foreign currency for their businesses.
Briefing … forex situation as they were being forced to source foreign currency … traders’ concerns.
Presently, the kwacha is selling at K1 751 …
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Chakwera leadership under pressure in toxic debt: Treasury borrows MK589 billion to keep Malawi afloat
16 Jun 2025 20:48 GMT
… at a time when Malawi desperately needs inclusive development. … relative to GDP.
Malawi’s debt sustainability is … potentially weakening the kwacha further.
A weaker currency, in turn, … financial experts recommend revisiting Malawi’s tax policies, expanding …
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Malawi’s expansionary fiscal policy stirs debate
11 Jun 2025 05:22 GMT
… reserves shrink and the kwacha continues to be volatile. … leakages and corruption.
“Forex is leaking through informal … said.
Economics Association of Malawi president Bertha Bangara-Chikadza said … week, IMF warned that Malawi’s economic outlook remains …
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IMF Demands Kwacha Devaluation Again so More Malawians Suffer: Chakwera Says Not This Time!
05 Jun 2025 11:06 GMT
… once again devalue the Malawian Kwacha—calling the advice a … yet another currency devaluation. But this time, Malawi’s central … disaster. The last time Malawi listened, prices skyrocketed, imports … , the IMF insists the Kwacha is “overvalued,” claiming the …
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Will Malawi give in to IMF pressure to devalue the kwacha again?
05 Jun 2025 12:30 GMT
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The government of Malawi is under pressure from … (IMF) to devalue its currency, the Kwacha, once again. This has … comes just months after the Kwacha lost about 44% of … stabilise Malawi’s economy, address the shortage of foreign currency, and …
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Forex reserves dip despite improved trade balance
04 Jun 2025 05:29 GMT
Malawi’s foreign exchange reserves dropped by $33.5 million (about K59 billion) in March 2025, despite a narrowing trade deficit, raising fresh questions about the country’s external sustainability amid rising imports and falling exports.
The Reserve Bank …