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Interest rates advertised by Malawi Savings Bank in Nchalo, Malawi on 30 September 2008 Exchange rates advertised by a currency trader in Lilongwe on 7 October 2008 Reserve Bank of Malawi Mzuzu Branch under construction in Mzuzu, a fast-growing city. July 2008. GDP - real growth rate: 4% (2017 est.)
16 May – A man in Mponela is convicted of insulting President Lazarus Chakwera after posting an animated TikTok video of him dancing. [1]10 June – 2024 Chikangawa Dornier 228 crash: A Malawi Defence Force aircraft carrying Vice-President Saulos Chilima, former First Lady Patricia Shanil Muluzi and seven other people crashes in the Chikangawa Forest Reserve, killing everyone on board.
The kwacha (/ ˈ k w æ tʃ ə /; ISO 4217: MWK, official name Malawi Kwacha [2]) is the currency of Malawi as of 1971, replacing the Malawian pound. It is divided into 100 tambala . The kwacha replaced other types of currency, namely the British pound sterling , the South African rand , and the Rhodesian dollar , that had previously circulated ...
Inflation rates among members of the International Monetary Fund in April 2024 UK and US monthly inflation rates from January 1989 [1] [2] In economics, inflation is a general increase in the prices of goods and services in an economy. This is usually measured using a consumer price index (CPI).
The Malawi Broadcasting Corporation is a state-run radio and television company in Malawi. It was founded in 1964. It has two radio stations, Radio 1 and Radio 2, and transmits on FM, Medium Wave and Shortwave frequencies and Online. It also runs the national television station, Television Malawi. Its headquarters is in Blantyre, Malawi.
July 2024 data showed that the inflation rate had dropped to 2.9%, the lowest since March 2021, with used car prices returning to normal following the 2020–2023 global chip shortage. [182] Increases in rent, [ 183 ] childcare [ 184 ] and electricity [ 185 ] still outpaced inflation at around 5%.
In 2015, Médecins Sans Frontières in Malawi threatened Malawi24 with legal action after publishing an article citing a BBC report that claimed HIV infection rates had doubled in Malawi. [4] In its report, BBC had used data provided by MSF for areas where circumcision was also being promoted as a strategy for curbing HIV infection.
The launch also conincided with the passing earlier in the year of the new Communications Bill, that gave MBC editorial independence from the government. Since Malawi lacked a proper production house, it had to rely on programming from South Africa and Zimbabwe. [9] From September 1999, the channel started broadcasting 24 hours on weekends.