The disparity between the official exchange rate and the black market rate for the US dollar in Malawi continues to widen. According to a recent snap survey by Times publications, reported that black...
The disparity between the official exchange rate and the black market rate for the US dollar in Malawi continues to widen. According to a recent snap survey by Times publications, reported that black...
Illovo Sugar Malawi plc has announced the appointment of Mr Kondwani Msimuko, FCCA, as its Interim Managing Director, effective January 1, 2025. This follows the transition of Mr Lekani Katandula, who assumes the...
Malawi’s headline inflation rate continues to show signs of improvement down 540 basis points(bps) to 27.0% as of November 2024 from 32.4% in September 2024. The decline was primarily driven by a drop...
After months of queuing at fuel stations, Malawians might finally see relief. The Malawian government has announced a transition from the open tender system to a government-to-government (G2G) arrangement for fuel procurement, aiming...
You’ve probably heard people say, “Invest in shares and grow your money!” But what exactly are shares, and how do they work? For many Malawians, the stock market can seem confusing or out...
MPICO Plc, one of Malawi’s leading property investment companies listed on the Malawi Stock Exchange, has issued a cautionary statement regarding a potential change in its shareholding structure. A significant shareholder is currently...
The Reserve Bank of Malawi (RBM) conducted its latest foreign exchange auction on Thursday, 14th November 2024, with three Authorized Dealer Banks (ADBs) participating. The auction, which offered USD $150,000, concluded with all...
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