RBM Governor Defends 2024 – 44% Devaluation

Dr Mwale said this on Tuesday, 20th May 2025 at the 6th All-Inclusive Stakeholders Conference organized by a quasi religion organization called Public Affairs Committee PAC at Mount Soche Hotel in Blantyre.

But the RBM boss was quick to admit that the devaluation did not help achieve all the expected or desired results but to a larger extent, it was a better idea.

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Minister of Trade Tours Illovo Sugar Company Amidst Scarcity of the Commodity

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Mt Soche Hotel, Blantyre

The Effects of Forex Shortage On Sugar Production Output

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Mt Soche Hotel, Blantyre

Local Assemblies, A Catalysts for Socioeconomic Development

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Mt Soche Hotel, Blantyre

RBM Governor Defends 2024 – 44% Devaluation

Governor of the Reserve Bank of Malawi Dr Mafuta Mwale has defended the decision to devalue the local currency by 44% which happened last year, saying it was necessary at that time looking at the prevailing situation. Dr Mwale said this on Tuesday, 20th May 2025 at the 6th All-Inclusive Stakeholders Conference organized by a quasi religion organization called Public Affairs Committee PAC at Mount Soche Hotel in Blantyre. But the RBM boss was quick to admit that the devaluation did not help achieve all the expected or desired results but to a larger extent, it was a better idea.

Mt Soche Hotel, Blantyre