Renowned economist and former Deputy Governor of the Reserve Bank of Malawi, Dr Naomi Ngwira, says the Vision 2020, a development plan the Government of Malawi adopted in 1998, failed to achieve the desired results over the years because of what she described as “implementation deficits”. Ngwira made the sentiments when top-notch enonomists, academicians and civil […]
Malawi’s economy has moved from “rescue to recovery” based on a number of economic indicators, according to the central bank. The Reserve Bank of Malawi (RBM) deputy governor (economics) Naomi Ngwira said in a Capital Radio programme, Economic Perspective on Sunday, the gross domestic product (GDP) is expected to jump, foreign exchange reserves have picked […]
Malawians are expected to feel the pinch as final decision to devalue the Kwacha is expected to be implemented Monday, May 7 2012. According to a highly placed source from one of the leading commercial banks, the government has given a go-ahead to devalue the currency, which both local and international community believe it is […]
President Joyce Banda has appointed two more deputy Reserve Bank of Malawi governors with effect from Wednesday. The two new deputies are Dr. Grant Kabango and another economic expert Dr. Naomi Ngwira. This puts to three the number of deputy bank governors with Mary Nkosi already there. The announcement was made on state controlled MBC […]