IMF
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Front Page
IMF team here, Cashgate haunts Goodall
With the International Monetary Fund (IMF) Mission in for crucial discussions with government, Minister of Finance, Economic Planning and Development…
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Business News
Reflecting on Malawi’s 50 years of post-independence gains and losses
Introduction This week Malawi celebrated 50 years of independence. During these 50 years there have been episodes of progress punctuated…
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Business News
IMF mission in tomorrow for crucial talks
As anxiety over donor budgetary support freeze continue amid the Cashgate scandal, a team of officials from the International Monetary…
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Business News
Aid and economic independence for Malawi
In developed countries there are occasional grumbles about much of their money going down rat-holes into the hands of corrupt…
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Front Page
Budget crisis
Treasury is struggling to design the 2014/15 National Budget as its number crunchers sweat to find fiscal space in the…
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Business News
Goodall, Chuka to meet over kwacha
Finance of Minister Goodall Gondwe has said on Friday he would be meeting Reserve Bank of Malawi (RBM) Governor Charles…
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Business News
Malawi economic growth rate below potential
Malawi’s economic growth is far below its full potential with the country’s 2013 Gross Domestic Product (GDP) having increased by…
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Business News
Goodall pledges economic stability
Newly-appointed Finance Minister Goodall Gondwe has described the state of the economy as ‘depressed’ saying there is little economic activity…
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Business News
Malawi domestic debt stock hits K115bn–Goodall
Malawi Government’s domestic debt stock has hit K115 billion, according to new Finance and Economic Planning Minister Goodall Gondwe, triggered…
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Business News
The yellow cake that never cheered Malawi
Announced amid a huge political storm—a post election impasse refusing to abate—news that Australian energy giant, Paladin Energy Limited has…
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Business News
Malawi central bank arrests kwacha steep gain
The Reserve Bank of Malawi (RBM) says it has effectively arrested the steep appreciation of the kwacha but has also…
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Business News
Inflation inches down to 23.9 percent
Malawi’s inflation rate as measured by the Consumer Price Index (CPI) fell slightly by one percentage point to 23.9 percent…
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Business News
Malawi expenditure rises by 4 percent
February 2014 government expenditures increased by about four percent to K37 billion from K35.6 billion in January although the International…
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Business News
Malawi government defaults on loan interest
The Malawi government has suspended payment of foreign loan interest—effectively defaulted—due to unavailability of funds according to the Reserve Bank…
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Business News
Donors defend Germany exit from Cabs
Malawi’s major donors under the Common Approach to Budget Support (Cabs) have defended the decision by the Federal Republic of…
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Business News
RBM counters IMF inflation target
The Reserve Bank of Malawi (RBM) has projected that the country’s inflation rate will fall to around 16 percent in…
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Business News
RBM intensifies forex purchases
The Reserve Bank of Malawi (RBM) has intensified foreign exchange purchases on the market to limit the continued appreciation of…
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Business News
IMF maintains Malawi single digit inflation projection
The International Monetary Fund (IMF) has maintained Malawi’s end 2014 single digit inflation target of 9.7 percent, according to the…
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Business News
Malawi forex reserves drop 14 percent
Malawi’s gross foreign exchange reserves, official and private sector combined, dropped by about 14 percent to 3.86 months of import…
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Editors Pick
CSTU, govt talks enter third week
Talks between Civil Servants Trade Union (CSTU) and government are expected to enter the third week on Wednesday as the…
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