Tag: RBM
High Interest Rates to affect property
Investment management and advisory firm, Nico Asset Managers, says it sees the recent jump in interest rates suppressing property value. This could be bad news for property owners but good […]
Malawian Banks Hike Lending Rates
Commercial banks in the country have started increasing their base lending rates following the decision by the Reserve Bank of Malawi (RBM) to adjust the policy rate two weeks ago. […]
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 […]
The Reserve Bank of Malawi Says Secured Transaction Act to Ease Collateral Issues
The Reserve Bank of Malawi (RBM) has said the Secured Transaction Act will ease the issue of collaterals that have seen many Malawians failing to get bank loans. The Act […]
Reserve Bank of Malawi: “Private Sector Shouldn’t Cry About Lack of Forex”
The Reserve Bank of Malawi (RBM) has poked fun at the country’s private sector for being in the forefront in crying over forex drought instead of them taking advantage of […]
Reserve Bank of Malawi Hikes Policy Rate To 25% – Local Businesses To Suffer?
The country’s businesses have expressed anger at last Friday’s decision by the Monetary Policy Committee (MPC) of the Reserve Bank of Malawi (RBM) to push back the bank rate, also […]
Reserve Bank of Malawi Aims To Teach Malawians About Finances
The Reserve Bank of Malawi (RBM) has appealed to banks in the country to step up efforts to reach out to the unbanked population noting that only a small number […]
Government Accused of Awarding Contracts to Foreign Companies In US & EU
Conflict is brewing over the dominance of foreign companies in securing government contract deals with the Reserve Bank of Malawi accusing local entrepreneurs of not being organised to be awarded […]
Flexible Malawi kwacha good for farmers says RBM governor
Reserve Bank of Malawi (RBM) governor Charles Chuka says a flexible exchange rate is good for farmers but only the country opens up and increases exports for other crops such […]
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 […]