Tag: Goodall Gondwe
The Reserve Bank of Malawi Says Domestic Debt Has Risen to K426bn
The Reserve Bank of Malawi (RBM) in its latest Financial and Economic Review has reported that total domestic borrowing, including money loaned to central government and parastatals, swelled to K426.9 […]
Finance Minister Goodall Gondwe Says Kwacha Will Be Stable In Two Weeks
Minister of Finance Goodall Gondwe says government is currently strategising on how to slow down the depreciation of the Malawi kwacha and has promised a change in the direction of […]
Falling kwacha to hurt banks
The Reserve Bank of Malawi (RBM) has warned commercial banks that the falling kwacha though profitable, would astronomically drive up the financial institutions’ minimum capital requirement. RBM Governor Charles Chuka […]