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News
Govt admits forex crisis continues to hurt economy
4+ hour, 22+ min ago (186+ words) Government has acknowledged that Malawi’s foreign exchange crisis is continuing to weigh on efforts to improve the economy and ease pressure on citizens. Leader of the House Jappie Mhango made the admission on Friday while delivering his adjournment statement at…...
Govt pledges to ease economic pressure
10+ hour, 57+ min ago (112+ words) Malawi24 Govt pledges to ease economic pressure Malawians facing rising living costs and shrinking incomes have been assured that government is working to ease the economic pressure on households. While admitting that the country’s economic situation remains challenging, the Leader of…...
Can US$130m grants help Malawi escape its forex crisis?
1+ week, 2+ day ago (132+ words) Malawi24 Can US$130m grants help Malawi escape its forex crisis? Malawi has secured fresh international funding that could help ease pressure on the economy, but the real question is whether the money will deliver lasting relief from the country’s persistent foreign…...
Cash habit puts pressure on Malawi’s currency system
2+ week, 9+ hour ago (111+ words) Malawi24 Cash habit puts pressure on Malawi’s currency system Malawi’s heavy reliance on cash is becoming increasingly costly, with billions of kwacha now needed to replace damaged banknotes, raising concerns over the sustainability of the country’s cash-driven economy. She noted that…...
New FINCA promo aims to reward savers, borrowers
1+ mon, 6+ day ago (42+ words) Malawi24 New FINCA promo aims to reward savers, borrowers - Email a link to a friend (Opens in new window) Email Join the conversation — share your thoughts on this storyCancel reply Discover more from Malawi24...
Mzimba youths locked out of economic opportunities by strict lending rules
2+ mon, 1+ week ago (460+ words) Promising business ideas are going to waste in Mzimba as young people say strict lending conditions and limited job opportunities are locking them out of the economy, deepening frustration in a district full of untapped potential. The concerns emerged during…...
K5 Million, and a simple definition of change
2+ mon, 2+ week ago (392+ words) When Jannet Kanyenda received news on Wednesday that she had won K5 million in Airtel Money Malawi’s Tola Promotion, her response was unembellished. The Mzuzu-based UFA trader said she would buy a bed and mattress, a choice that, in its simplicity,…...
Malawi’s inflation rate drops to 26 percent Malawi 24 | Latest News from Malawi
6+ mon, 3+ week ago (264+ words) Malawi’s inflation rate has declined to 26 percent, marking a continued slowdown for the second consecutive month, according to the latest figures from the National Statistical Office (NSO). The decline follows a reduction recorded in November last year, when inflation fell…...