Reserve Bank of Malawi

RBM warns of inflation surge, keeps policy rate at 26%

The Reserve Bank of Malawi has kept the Policy Rate at 26%, warning that inflation could reach 28.9% by year-end due to fuel prices and weak fiscal control.

RBM Strengthens Blood Services with Tent Donation

The Reserve Bank of Malawi has donated four tents to the Malawi Blood Transfusion Service to facilitate blood collection activities. RBM representatives praised MBTS's vital role in public health, emphasizing their commitment to community initiatives. The tents aim to enhance donor comfort and efficiency during mobile blood collection, addressing logistical challenges.

RBM cautions against premature easing of monetary policy amid inflation risks

The Economics Association of Malawi (ECAMA) has called for increased fiscal discipline from the government, warning that failure to cut excessive public spending could undermine monetary efforts to contain inflation.

NBM discontinues pre-approved forex limits

Economics expert Kingsley Jasi says the move will impact individuals and businesses as the country grapples with forex scarcity

IIM & MUBAS launch insurance and risk management programme

Insurance Institute of Malawi (IIM) in collaboration with the Malawi University of Business and Applied Sciences (MUBAS) on Thursday launched Bachelor's Degree in Insurance and Risk Management Programme under the theme: ‘Malawi’s future is insured, innovative insurance education for resilient and innovative economy’.

Malawi opts for government to government arrangement in fuel procurement

President Lazarus Chakwera says the Malawi government has now embarked on a process of transitioning from the open tender system to a government to...

CSOs, Govt. dialogue on upscaling Climate & Disaster risk funding approaches

Malawi Government bought a Drought Insurance policy supported by the African Development Bank (AfDB) through its Africa Disaster Risk Financing (ADRiFi) Programme Multi-Donor Trust...

RBM warns against denial of lower denomination kwacha

The Reserve Bank of Malawi (RBM) has issued a warning to traders who refuse to accept lower denomination of Malawian currency, stating that the practice infringes on individuals' economic rights

Undule weighs in on kwacha devaluation, outlines hopes and opportunities

Governance and Human Rights Expert Undule Mwakasungula has weighed in on the trending reactions to the decision by the Reserve Bank of Malawi (RBM) to devalue the local currency – Malawi Kwacha – by 44 percent against the United States dollar (USD).

Malawi Government commits to promoting small and medium enterprises

Deputy Governor of the Reserve Bank of Malawi (RBM) William Matambo has expressed government commitment to supporting and promoting micro, small and medium enterprises (MSMEs) to thrive.

FinES Project disburses K32bn to MSMEs in Malawi

World Bank-funded Financial Inclusion and Entrepreneurship Scaling (FinES) Project has disbursed MK32 billion to 33, 000 micro, small and medium enterprises (MSMEs) since the Reserve Bank of Malawi (RBM) rolled out the project mid 2021.