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A service for FOREX trading professionals · Friday, December 20, 2024 · 770,586,478 Articles · 3+ Million Readers
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Malawi FOREX Trading Newswire

  • Published on Dec 19, 2024

    MAREP phase 9 reaches out to 460 sites amid forex, fuel crises, corruption allegations

    LILONGWE-(MaraviPost)-The Ministry of Energy says the Malawi Rural Electrification Project (MAREP) Phase 9 has managed to reach out 460 sites representing 85% coverage. The Ministry expects to wide the phase 9 by end of this month, December 2024. Ministry’ …

    Source: The Maravi Post - Neutral
  • Published on Dec 18, 2024

    NAP unhappy with new exchange control laws on NGOs in Malawi: To jeopardize financial sustainability

    LILONGWE-(MaraviPost)-The country’s civil rights group under the banner National Advocacy Platform (NAP) has expressed worrisome over the new law that controls foreign currency of Non-Governmental Organisation (NGOs) arguing that the legal framework will …

    Source: The Maravi Post - Neutral
  • Published on Dec 18, 2024

    Chakwera in Malawi Parliament to respond legislators’ questions

    LILONGWE-(MaraviPost)-President Lazarus Chakwera on Wednesday afternoon, December 18, 2024 is appearing at Malawi Parliament to respond to questions from the legislators on national importance Since taking office, President Chakwera has regularly …

    Source: The Maravi Post - Neutral
  • Published on Dec 19, 2024

    CAMA’s John Kapito Warns Consumers About Festive Season Spending

    By Dorica Mtenje LILONGWE (Maravipost): As Christmas approaches, the Consumers Association of Malawi (CAMA) is advising consumers to plan and budget carefully before making any purchases. In a statement released on Wednesday, December 19, CAMA Executive …

    Source: The Maravi Post - Neutral
  • Published on Dec 18, 2024

    Bushiri’s Crossover to boost Malawi’s economy

    Malawi is poised to receive a significant boost in foreign exchange (forex) availability, thanks to the upcoming Night of Goshen Crossover event, which is expected to attract over 25,000 international attendees to Lilongwe. According to ECG Director of …

    Source: Malawi 24 - Neutral
  • Published on 03:55 GMT

    Cama warns against wasteful spending during festivities

     Consumers Association of Malawi (Cama) has urged people to spend wisely during the festive season, saying its survey shows that commodity prices have increased by 70 percent this year. Cama executive director John Kapito issued the advice ahead of the …

    Source: The Nation Malawi - Center-left
  • Published on Dec 17, 2024

    Bridging the Forex Divide: Empowering the Diaspora to Unlock Malawi’s Economic Potential

    Malawi’s chronic foreign exchange shortages are crippling critical imports, driving up costs for essential goods, and putting immense pressure on the nation’s economy. While the government struggles to stabilize the kwacha and manage inflation, one …

    Source: Nyasa Times - Neutral
  • Published on Dec 17, 2024

    Experts tip Malawi, others on countering trade barriers

    Trade experts have tipped sub-region member countries, including Malawi to remove trade barriers such as restrictive policies that limit regional collaboration. The experts said this on Friday during a virtual review of economic performance and outlook of …

    Source: The Nation Malawi - Center-left
  • Published on Dec 18, 2024

    Panic buying hits Lilongwe as fuel shortages grip the Capital

    By Burnett Munthali Motorists in Lilongwe have begun panic buying fuel amid widespread reports of shortages at several service stations in the capital city. The scarcity has caused long queues, as drivers scramble to secure what is left of the dwindling …

    Source: The Maravi Post - Neutral
  • Published on Dec 16, 2024

     New forex controls attract mixed views

     Economists have expressed mixed views on the new foreign exchange controls published by Ministry of Finance and Economic Affairs on Friday to strengthen the country’s dwindling foreign exchange reserves. The economists were reacting to the controls …

    Source: The Nation Malawi - Center-left
  • Published on Dec 16, 2024

    Malawi’s Soyabean exports struggle amid competition

    By Kingsley Jassi: Malawi’s push to diversify its agricultural exports is encountering obstacles, studies have shown. A study by Mwapata Institute reveals that one of the country’s cash crops, soya beans, is facing growing competition in the region. Malawi …

    Source: The Times Group Malawi - Neutral
  • Published on Dec 19, 2024

    Press solar project ready 2026

    By Benadetta Chiwanda Mia: Expectations are high that Malawi’s energy generation capacity will increase by 50 megawatts in 2026, as Press Energy Limited (PEL) has committed to start selling this power to the Electricity Supply Corporation of Malawi (ESCOM) …

    Source: The Times Group Malawi - Neutral
  • Published on Dec 19, 2024

    Minister for enhanced import substitution

    By Benadetta Chiwanda Mia: Trade and Industry Minister Sosten Gwengwe has challenged local manufacturers to enhance import substitution efforts in a quest to contain the country’s widening trade deficit. This follows revelations that Malawi’s trade deficit …

    Source: The Times Group Malawi - Neutral
  • Published on Dec 19, 2024

    News24 Business | amaBhungane | #TheLaundry: Sasfin Bank's snake pit

    In our previous instalments, we canvassed the operations of large "shadow banks", as well as a network for illegally channelling hundreds of millions of rands offshore In this instalment we turn to the scandal-plagued Sasfin and show that the …

    Source: News24 - Center-left
  • Published on Dec 18, 2024

    Dollar hits K3, 000 on black market

    By Pemphero Malimba: The Kwacha’s official exchange rate continues to diverge significantly from the black market, with the parallel market rate now touching K3, 000 to the dollar. Ironically, the official exchange rate for the dollar has remained steady …

    Source: The Times Group Malawi - Neutral
  • Published on Dec 18, 2024

    Economists caution on growth projections

    By Kingsley Jassi: Economic experts have expressed reservations over the government’s 4 percent economic growth projection for 2025. They argue that it will be challenging for the economy to achieve the feat, considering current economic conditions that …

    Source: The Times Group Malawi - Neutral
  • Published on Dec 18, 2024

    PCL, Escom endors epower purchase deal

    Press Corporation (PCL) plc has signed a power purchase agreement (PPA) with Electricity Supply Corporation of Malawi (Escom) for the conglomerate’s 50 megawatts (MW) solar power plant in Lilongwe. PCL chief executive officer Ronald Mangani, speaking …

    Source: The Nation Malawi - Center-left
  • Published on Dec 18, 2024

    Ecama urges shift from rain-fed agriculture

     Economics Association of Malawi (Ecama) has warned that the delay to move away from reliance on rain-fed agriculture puts the country’s economy at the mercy of the environment, dampening agriculture’s contribution to the gross domestic product (GDP). …

    Source: The Nation Malawi - Center-left
  • Published on Dec 17, 2024

    Chakwera reiterates government’s commitment to support industries

    By Yamikani Sabola MZIMBA-(MANA)-President Lazarus Chakwera says his administration is committed to support industrialisation through the creation of a conducive environment to ensure that industries are thriving in the country. President Chakwera said …

    Source: The Maravi Post - Neutral

13 days 04:51:23

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