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The Reserve Bank of Malawi RBM has maintained the Policy Rate unchanged at 16 percent. Policy rate is an interest commercial banks pay when they borrow from the Reserve Bank.


Just Trading Scotland (JTS), an organization that imports products from Southern Africa has hailed Malawi’s smallholder farmer associations, saying they have potential to improve people’s economic standards if properly assisted to maximize product quality.


Standard Bank has rewarded 18 customers across the three regions for saving in the month of February in the on-going promotion dubbed ‘Pa Mawa’ that aims to encourage a saving culture amongst Malawians.


An up-coming University, Jubilee University is aiming towards gaining full registration with National Council for Higher Education (NCHE) after it was granted a provisional registration early this year.

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