Public loans cost more

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Public loans cost more

The Reserve Bank of Malawi (RBM)’s recent decision to raise the policy rate—the rate which commercial banks use when borrowing from the central bank as lender of last resort—continue to pile pressure as it means an elevation on the domestic public debt interest. According to a May Monthly Economic Review from the central bank, the […]

Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

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Bullets pocket Airtel Money, get K17 million airtime - The Times Group Malawi

By Mphatso Malidadi Long at last, Nyasa Big Bullets clinched Airtel Top 8 Cup after coming from behind to defeat two-time holders Silver Strikers 5-3 on post-match penalties in the final at Kamuzu Stadium in Blantyre yesterday. The game ended one-all in regulation time but Silver’s substitute

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Feds raid Giuliani's home, office, escalating criminal probe | The Atlanta Voice

Federal agents raided Rudy Giuliani’s Manhattan home and office Wednesday, seizing computers and cellphones in a major escalation of the Justice Department’s investigation into the business dealings of former President Donald Trump’s personal lawyer. Giuliani, the 76-year-old former New York City

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Source: The Atlanta Voice

Talking Blues: Is it too late to change our fortunes?

'The poverty and the misery of your relatives should annoy you. This should not go on because it will also adversely affect you. You will not find any jobs after graduating and will end up joining the bandwagon of handclappers and thieves, and Malawi will deteriorate further,” - Bishop Martin

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Source: Malawi 24 | Malawi news

Zamkutu! Gwengwe wati a Malawi ayiwale za K7 thililiyoni ya Bridgin

Pomwe anthu anali ndichiyembekezo kuti zinthu zambiri zitha kuyamba kuyenda bwino kaamba ka ndalama yokwana K7 thililiyoni yomwe bungwe lakunja la Bridgin Foundation limayenera kupeleka ku dziko lino, nduna ya zachuma a Sosten Gwengwe athira mchenga mu mmemo wagulo ponena kuti mgwirizanowu unali

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Source: Malawi 24 | Malawi news

Two arrested for decorating cake with Malawian currency

Police in Blantyre are keeping in custody two cake bakers identified as Tumpale Ghambi, 24, and Sibongire Kaira aged 25 on allegation that they decorated a cake using K500 bank notes amounting to K35,000. According to Blantyre Police Assistant Public Relations Officer Constable Ivy Mwalabu, the duo

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Source: Malawi 24 | Malawi news

Young mothers’ second chance - The Times Group Malawi

By Isaac Salima Atupele Jafalie still carries a smile on her baby face that conceals the pain within her. It is only when you interact with her that you come to appreciate the bumpy road that she has and continues to traverse. At 18, she is already a mother and while her age-mates are busy

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Primary School enrolment drops - The Times Group Malawi

By Jameson Chauluka The number of learners enrolling in primary schools has dropped by 414,895 in 2021 compared to last year, Ministry of Education statistics show. According to the Education Sector Performance Report we have seen, from 2020 to 2021, the number of learners in primary schools

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Now or never - The Times Group Malawi

By Patrick Achitabwino: As long as you are awake, divine providence has accorded you an opportunity to work on your dreams again. Failures of the past matter nothing. Lost opportunities need to have no room to mourn over them. Today is the new day for you, a new beginning; a brilliant opportunity

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Australian Trade Unions Demand Budget To Close Gender Pay Gap – The Wilmington Journal

CANBERRA, Australia — Australian Trade Unions have challenged Scott Morrison’s government to deliver a budget for women with a suite of measures to close the gender pay gap and improve safety. While last year’s economic blueprint [...]

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Source: The Wilmington Journal

Malawi to get funds from IMF

The International Monetary Fund (IMF) has approved Malawi's request for a Rapid Credit Facility (RPD) ) which will help the country deal with forex challenges. The Lazarus Chakwera administration has been struggling to get funds it applied under the Extended Credit Facility (ECF) due to the

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Source: Malawi 24 | Malawi news

Kabambe spends second night in cooler | Malawi 24 - Malawi news

Former Reserve Bank of Malawi Governor Dalitso Kabambe will spend a second night in the cooler following his arrest on Monday. Kabambe, who is also a member of the opposition Democratic Progressive Party (DPP), appeared in court this afternoon where he was charged with two counts of abuse of

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Source: Malawi 24 | Malawi news

(BPRW) Citizens for a Pro-Business Delaware Joins Pastor Hackett's Protest for Diversity on Chancery Court news -The Black Chronicle

(Black PR Wire) DOVER, Del.-(BUSINESS WIRE)- After the recent nomination of former Skadden lawyer, Lori Will, to the Chancery Court, Citizens for a Pro-Business Delaware joined with Pastor Blaine

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Source: The Black Chronicle

Malawi has no Forex: RBM starts rationing distribution

The Reserve Bank of Malawi (RBM) says the bank is rationing distribution of forex to sectors in the country amid the scarcity of forex which has affected importation of commodities such as fuel. Deputy Governor of Reverse Bank of Malawi, William Matambo, has told the local media that the bank is

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Source: Malawi 24 | Malawi news

Sir Hilary Beckles wants crisis ‘carve out’ for the Caribbean - Stabroek News

As the English-speaking Caribbean continues to endure its multi-faceted socio-economic challenges made worse in recent times by the scourge of the global COVID-19 pandemic, Vice Chancellor of the University of the West Indies Sir Hilary Beckles is calling for a payback for the historic

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Source: Stabroek News - Guyana's Most Trusted Newspaper

Malawi, African Development Fund signs K11.7 billion grant agreement

The African Development Fund (ADF) and the Government of Malawi have signed a $14.2 million (K11.7 billion) grant agreement for Malawi to undertake infrastructure upgrades and create a more efficient and transparent digital payment system. Funding for the Support for Digitalization, Financial

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Source: Malawi 24 | Malawi news

Malawi recruits French firm as debt advisor

Malawi Government has picked a French firm to advise the government on debt sustainability. Minister of Finance Sosten Gwengwe revealed this at a press conference last week in Lilongwe, saying the firm is called Global Sovereign Advisory (GSA). The independent firm focuses on advising States and

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Source: Malawi 24 | Malawi news

RBM told to investigate banks in 338 ATM cards syndicate

Forum for National Development (FND) has written the Reserve Bank of Malawi (RBM) to investigate banks linked to 338 ATM cards which were confiscated from five women over money laundering, forex externalization and fraud. Last week, Fiscal Police at Kamuzu International Airport in Lilongwe arrested

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Source: Malawi 24 | Malawi news

PRESS ROOM: Hyundai and Culture Brands Launch Their First African American Campaign with a Resounding OKAY HYUNDAI!

NNPA NEWSWIRE — OKAY Hyundai came from the art form of how the African American community acknowledges someone. This form focuses on an approach of less is more, and efficiency is supreme. Oftentimes with just one word, those on the receiving end are seen, praised, and validated. See someone with

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Source: Black News, Politics, Commentary & Culture | BlackPressUSA

RBM’S K1 trillion transfer under spotlight - The Times Group Malawi

Reserve Bank of Malawi (RBM) wired money amounting to K1 trillion in a single day in June last year to various local commercial banks, Malawi News has learnt. The transfer took place on June 26, 2021, just a day before President Lazarus Chakwera was declared winner of the fresh presidential

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Will Smith, Sean ‘Diddy’ Combs, And Kevin Durant Invest in Electric Boat Startup, Arc

Big names in Black entertainment have come together to get a piece of the pie in a new electric boating business named Arc.

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Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent

Rising Tide Capital Continues To Prep Minority Entrepreneurs For Success

By George A. Willis Edna Rashid's story is typical of an aspiring entrepreneur achieving success with the help ofRising Tide Capital. Rashid found herself a grandmother with 10 children in her care eight years ago, after her oldest daughter Naimah died suddenly of congestive heart failure at age

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Source: The Birmingham Times

Broward schools chief pleads not guilty, resigns from job – Florida Courier

BY RAFAEL OLMEDA SOUTH FLORIDA SUN-SENTINEL Broward Schools Superintendent Robert Runcie formally pleaded not guilty Wednesday, again asking a Broward judge to dismiss the perjury charge filed by a statewide grand jury. In one of three documents filed by the defense Wednesday, Runcie said he is not

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Source: Florida Courier

Malawi Finance Minister presents K2.84 trillion Budget

Minister of Finance and Economic Affairs Sosten Gwengwe has presented the 2022/2023 national budget estimated at K2.84 trillion, representing 24 percent of the Gross Domestic Product (GDP), up from last fiscal year’s K2.2 trillion. Total expenditure for the 2022/2023 fiscal year is projected at

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Source: Malawi 24 | Malawi news

First half rates’ benchmark averages 12 percent - The Times Group Malawi

Reference rate—a benchmark for other rates— averaged 12.0 percent in the first half of 2021, a rate market analysts say is ideal to spar economic activities. However, other factors such as pangs of the Covid pandemic weighed heavily on the growth prospects and the operating environment as most

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Compare the Benefits of a New to an Existing Home - Houston Forward Times

There are pros and cons to a new-construction home or existing home, so the decision… The post Compare the Benefits of a New to an Existing Home appeared first on Houston Forward Times.

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Economists tell govt to fast-track growth - The Times Group Malawi

By Taonga Sabola The Economics Association of Malawi (Ecama) has said Malawi’s economy needs to grow at the rate of eight percent per annum if the country is to double its gross domestic product (GDP) per capita by 2030, as stipulated in the Malawi Implementation Plan (MIP-1) of 2063. Ecama

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Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Employers association applauds govt for 'ambitious' budget

The Employers Consultative Association of Malawi (ECAM) has commended the Malawi government for what it has described as an 'ambitious' 2022/2023 National Budget. This is according to ECAM's response to the 2022/2023 National Budget which was recently presented in the August house by the Minister

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Source: Malawi 24 | Malawi news

Oakland Program Distributes $500 to Families of Color BlackPressUSA

NNPA NEWSWIRE — The assistance, which targets low-income families of color in the 426,000-population city, will last 18 months. Mayor Schaaf detailed that the money comes with “no-strings attached,” and recipients can use it as they please. “We have designed this demonstration project to add to

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Source: Black News, Politics, Commentary & Culture | BlackPressUSA

COVID-19 Pandemic Negatively Impacting ECCO Members - St. Lucia Times News

The Eastern Caribbean Collective Organisation for Music Rights (ECCO) says the COVID-19 pandemic has had a severe negative impact on the livelihood of its members. The disclosure came in a statement on Monday. ECCO observed that over the past year or so, music-driven festivals, live performances

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Source: St. Lucia Times News Online - Breaking News & Daily News

Mwanamvekha and Kabambe to spend another night in police custody

Former Malawi Minister of Finance Joseph Mwanamvekha and former Central Bank Governor Dalitso Kabambe who are accused of presenting false economic figures will spend another night in police custody as Lilongwe Senior Resident Magistrate Florence Msekandiana has reserved bail ruling in the case to

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Source: Malawi 24 | Malawi news

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Government announces farm-gate prices - The Times Group Malawi

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Investigative journalism crucial in public finance management - The Times Group Malawi

Salima include add-ons to Mighty Wanderers new package - The Times Group Malawi

Vixens bank on Mwawi Kumwenda - The Times Group Malawi

M23 rebels announce withdrawal from eastern DR Congo villages - The Times Group Malawi

Thoko Suya brings Easter Hymns Night - The Times Group Malawi

Easter Theatre Fest ends on a high note - The Times Group Malawi

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Sulom clears awards doubts - The Times Group Malawi

CFTC acts on cooking oil prices - The Times Group Malawi

Lazarus Chakwera demands early Affordable Inputs Programme preparations - The Times Group Malawi

Fuel price hike bites - The Times Group Malawi

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AKA leaves Mubas without sneakers - The Times Group Malawi

Times Socials get boost - The Times Group Malawi

Blue Eagles, Nyasa Big Bullets match grosses K10 million - The Times Group Malawi

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Fredokiss to champion Celestial City project - The Times Group Malawi

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Shrinking recovery space amid faltering resilience - The Times Group Malawi

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