Malawi

RBM to lose 100 staff - report

About 100 people have been earmarked for retrenchment at Reserve Bank of Malawi (RBM) following the central bank's decision to outsource some of its services, The Daily Times reported on its website.

Malawi names new central bank governor

President Bingu wa Mutharika of Malawi has decided against renewing the contract of central bank governor Elias Ngalande, which expires at the end of this month, a government official said on Tuesday 1 February. Ngalande will be succeed by Victor Mbewe.

Reserve Bank of Malawi must have greater autonomy

MALAWI - Economists in the country have called on the government to leave the country's Central Bank, the Reserve Bank of Malawi (RBM) alone saying that creating the independence of the bank would benefit the whole nation.

Malawi launches SADC fund for the poor

Malawi has launched an ambitious 15m pound sterling fund for projects targeting the poor in the Southern African Development Community (SADC). The Financial Deepening Challenge Fund (FDCF), sponsored by the Department for International Development of the…

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