Malawi’s central bank ruled out the need to devalue the currency because foreign-exchange inflows increased after voters ...

The Reserve Bank of Malawi (RBM) has ruled out any immediate plans to devalue the kwacha, saying renewed confidence from ...

Malawi’s economic stability remains under intense strain, with the latest World Bank assessment warning that persistent ...

BLANYRE, MALAWI — Malawi is facing acute shortages of foreign exchange currency, forcing two international airlines to suspend some of their services in the country. The situation has negatively ...

BLANTYRE, Nov 10 (Reuters) - Malawi will hike fuel and electricity prices effective Friday after the central bank devalued the local currency by about 30%, the country's energy regulatory authority ...

Malawi is facing a deepening foreign exchange crisis, which is complicating the government's efforts to secure essential food supplies -- particularly maize, the country's staple grain.Following a ...

Malawi's Peter Mutharika vowed to root out government corruption and rebuild an ailing economy after he was sworn in on Saturday for a second term as president of the southern African nation.

Malawi breaking news publishing 24 hours a day news about Malawi, Malawi Business, Malawi Tourism, Malawi Politics, Malawi News ...

Malawi's former President Peter Mutharika has been declared the winner of last week's elections, in a huge comeback for the ...

The pull out comes after another retailer, Spar, exited Malawi in 2022, with its stores rebranded as People’s Trading Centre (PTC) after franchise agreements collapsed. PTC itself, which once operated ...

BLANTYRE (Reuters) - Malawi's central bank has devalued the kwacha by about 10 percent against the U.S. dollar to 165, a central bank directive said on Monday, although the new rate is still well ...