Tag: Malawi
Mutharika says Chakwera wasted forex through foreign trips | Malawi 24
Former President Peter Mutharika has accused President Lazarus Chakwera of squandering forex by going on 42 trips in three years.
The Democratic P [...]
‘Very thin budget’: Forex shortage triggers cost-of-living crisis in Malawi | Business and Economy
Blantyre, Malawi – Joe Kambale has been stitching men’s suits from his living room in Blantyre, Malawi’s commercial hub, for the last eight years. Som [...]
Minister Gwengwe attributes cement scarcity to forex shortage – Malawi Nyasa Times
Minister of Finance and Economic Planning, Sosten Gwengwe, has disclosed that shortage of foreign currency is the major factor contributing to the sc [...]
Tobacco rakes in US$64m in forex – Malawi Nyasa Times
Tobacco sales have raked in US$64 million since the tobacco market opened last month, boosting the country’s dwindling forex reserves.
AHL Tobacco [...]
Tobacco farmers are number one forex producers – Chakwera – Malawi Nyasa Times
President Lazarus Chakwera has described tobacco farmers as the number one foreign exchange (forex) producers in Malawi.
Chakwera made the remarks o [...]
Government fails to provide forex to MAREP Suppliers – Malawi Nyasa Times
Malawi Government, through the Reserve Bank of Malawi (RBM), has failed to provide forex to local commercial banks who are supposed to finance 40 loc [...]
Forex Demo Account: Features and Advantages of Use – Malawi Nyasa Times
A Forex demo account is a sort of practice forex account (simulator) of actual gameplay on the Forex market. The virtual currency can be used for tra [...]
Two gets 20 months and K1.9m each for forex externalisation – Malawi Nyasa Times
The High Court in Lilongwe has sentenced two to one year and eight months and fined them K1.9 million people each for forex externalization.
This c [...]