Reserve Bank Of Malawi
latest news & developments
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…
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…
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
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’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