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Reserve Bank Earns US$74 Million from Gold Sales, Easing Forex and Fuel Shortages

By Our Reporter The Reserve Bank of Malawi (RBM) has earned US$74 million (approximately K128 billion) from the sale of 600 kilograms of gold, a move that is helping to ease the country’s foreign exchange challenges.Why Are Malawi Cabinet Ministers Silent on Alleged “Gold Shipment to Israel”? Public Demands Answers Grow Read moreBiography Of Zuneth […]

2 mins read

Malawi Manufacturers Choked by K4,000 Dollar Black Market

Malawi Manufacturers Choked by K4,000 Dollar Black Market as MCCCI Demands Urgent Forex Rate Unification By Suleman Chitera Read moreBiography Of Zuneth SattarThe Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has raised serious concerns over the growing disparity between the official exchange rate and the parallel market rate, warning that the situation is […]