The Reserve Bank of Malawi (RBM) has announced that it will exempt certain companies from the mandatory conversion of export proceeds under its newly issued repatriation of export proceeds directive. …
Reserve Bank of Malawi
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BankingEconomyFinanceSouthern AfricaTrade
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Malawi’s pension industry recorded impressive growth in 2024, with assets rising to K3.8 trillion, representing a 29.7 percent increase from 2023, according to the Financial Institutions Annual Report 2024 released …
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BusinessEconomyFinanceForex TradingInternationalMALAWI
Malawi Kwacha Under Pressure Despite Dollar Stability
The Malawi kwacha is once again under the spotlight after showing signs of weakness against major foreign currencies such as the euro, the British pound and the South African rand, …
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Banking, Finance & InvestmentBusinessCapital MarketGovernment Policy
RBM Extends Capital Markets Plan
The Reserve Bank of Malawi (RBM) has extended its five-year capital markets development plan by one more year after falling short of several major targets due to tough economic conditions …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness and EconomyBusiness PoliciesDevelopmentEconomyFinance & ServicesMALAWINews
FDH Bank’s Islamic Banking Records Big Growth, Goes Nationwide in Malawi
FDH Bank plc has announced major success with its Salama Banking product, Malawi’s first Islamic banking window, just one year after its launch. According to the bank, the service has …