Africa Malawi The administration proposed a bill to amend the Courts Act and increase the retirement age of judges from 65 to 70; the bill also seeks to create a special financial crimes court and scrape off 4th grade magistrate courts
Africa Malawi The country needs debt relief of $887 million from its trade creditors and a further $99 million from its bilateral creditors for the period from 2023 to 2027, according to the International Monetary Fund
Africa Malawi The country will restrict foreign currency transactions and crack down on black market traders after devaluing its currency by 30% against the US dollar last week, a move necessary to correct supply and demand imbalances in the currency market
Africa Malawi Leading financial services company Old Mutual Malawi Limited has been honoured by the Reserve Bank of Malawi as the best company offering financial education in Malawi
Africa Malawi The Malawi National Commission for UNESCO has announced the start of a storytelling tour that will screen digitised folktales, folk songs and historical footage in communities, providing them with access to stories passed down through generations