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The claim follows a February 3 ruling by the Malawi Supreme Court of Appeal that the Reserve Bank of Malawi (above) acted unlawfully when it revoked the Finance Bank of Malawi’s licence in May 2005.

Defunct Malawian Bank seeks $552m compensation

A bank that ceased operations more than two decades ago is seeking compensation from Malawi that could approach a 10th of the country’s annual budget, following a court ruling…

A nationwide shutdown by traders in Malawi has exposed a dispute that goes far beyond a new tax technology.
(Malawi24/X)

Malawi trader shutdown exposes deeper tension over tax reform and economic crisis

Malawi’s rollout of a digital tax platform has triggered widespread business protests, with traders arguing that economic pressures and foreign exchange shortages were ignored…

The claim follows a February 3 ruling by the Malawi Supreme Court of Appeal that the Reserve Bank of Malawi (above) acted unlawfully when it revoked the Finance Bank of Malawi’s licence in May 2005.

Malawi central bank removes pension trustees over disputed hotel deal

The unusually forceful intervention highlights concerns about governance in the management of public retirement savings

Gabriel Chembezi, the acting director-general of the ACB in Malawi. (Gabriel Chembezi/Facebook)

Malawi anti-corruption chief accused of using case files to pressure MPs

Malawi’s anti-corruption chief is accused of using confidential case files to pressure a parliamentary probe into a controversial pension fund deal.

Malawi’s questionable hotel deal lingers

During the same parliamentary hearings, the Reserve Bank of Malawi disclosed that investigators had traced 72.6 billion kwacha linked to financial flows associated with the…

Malawi president Peter Mutharika

Malawi’s new government drops corruption cases against senior officials

The move could undermine Lilongwe’s pursuit of a new programme with the International Monetary Fund