March 25, 2025-
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The Economics Association of Malawi (ECAMA) has weighed in on the ongoing forex market volatility following a government-led crackdown on illicit foreign exchange dealings. The intervention comes as the Malawi Kwacha (MWK), which...
Lilongwe, March 18, 2025 – NICO Asset Managers, a subsidiary of NICO Holdings Plc, has unveiled the ‘Offshore Investment Offering’ in collaboration with Sanlam Private Wealth, aiming to provide Malawian investors with access...
Malawi’s year-on-year inflation rate surged to 30.7% in February 2025, up from 28.5% in January, according to the latest data from the National Statistical Office (NSO). The increase was primarily driven by rising...
Malawi’s government has unveiled an ambitious K8.05 trillion national budget for the 2025/2026 financial year, aiming to stabilize the economy, enhance social protection, and invest in infrastructure development. This budget represents 31.1% of...
Malawi’s headline inflation continued its upward trend in January 2025, reaching 28.5%, up from 28.1% in December 2024. The increase remains largely driven by food inflation, particularly soaring maize prices, which have significantly...
Press Corporation Plc (PCL) has announced the acquisition of a 10% shareholding in a Liberia-based financial institution licensed by the Central Bank of Liberia. The company says this move aligns with its growth...
The spread between the black market exchange rate and the official rate in Malawi continues widened significantly, with the dollar now trading at MK4,000 on the parallel market, compared to the official rate...
Commercial Banks have revised their reference rate for February 2025, adjusting it downwards from 25.20% to 25.10%, effective Wednesday, 5th February 2025. This slight adjustment signals potential shifts in the cost of borrowing...
The Monetary Policy Committee (MPC) resolved to maintain the policy rate at 26.0%, citing a slowdown in inflation and expectations of economic recovery in 2025. The Lombard rate remains 20 basis points above...
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