Reuters: Malawi News

UPDATE 1-Malawi hikes 2012 inflation forecast to 15 pct

Wed, 16 May 2012 15:53:56 +0000

LILONGWE, May 16 (Reuters) - Malawi raised its 2012 inflation forecast on Wednesday to 15 percent from a previously projected 6 percent due to the effects of a sharp currency devaluation last week.

Malawi raises 2012 inflation forecast to 15 pct

Wed, 16 May 2012 15:28:03 +0000

LILONGWE, May 16 (Reuters) - Malawi raised its 2012 inflation forecast on Wednesday to 15 percent from 6 percent due to the effects of a sharp currency devaluation last week.

UPDATE 1-Paladin reaches deal to end strike at Malawi mine

Wed, 16 May 2012 14:08:45 +0000

May 16 (Reuters) - Uranium producer Paladin Energy Ltd said on Wednesday it has reached a deal to end a five-day strike at its Kayelekera mine in the southeast African nation of Malawi.

DIARY-Southern & South Africa to March 2013

Wed, 16 May 2012 05:00:01 +0000

This diary is updated daily. All times are provisional and in GMT; add two hours to get South African time.

African Markets - Factors to watch on May 15

Tue, 15 May 2012 05:09:35 +0000

NAIROBI, May 15 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. - - - - - EVENTS: TANZANIA-Expecting April inflation data, year-on-year rate fell for third straight month in March to 19 percent. RWANDA-Expecting April inflation data, urban year-on-year rate rose to 8.18 percent in March. ZIMBABWE-Expecting April inflation data, rate slow

DIARY-Southern & South Africa to March 2013

Tue, 15 May 2012 05:00:01 +0000

This diary is updated daily. All times are provisional and in GMT; add two hours to get South African time.

IMF working on new Malawi support package

Mon, 14 May 2012 13:50:40 +0000

LUSAKA, May 14 (Reuters) - An International Monetary Fund (IMF) team will visit Malawi next week to start thrashing out a support package for the impoverished southern African country, the head of the Fund's Africa department said on Monday.

DIARY-Southern & South Africa to March 2013

Mon, 14 May 2012 05:00:00 +0000

This diary is updated daily. All times are provisional and in GMT; add two hours to get South African time.

IMF cuts sub-Saharan Africa 2012 growth forecasts

Mon, 14 May 2012 03:30:00 +0000

JOHANNESBURG, May 14 (Reuters) - Sub-Saharan Africa's economies will expand at a slower rate in 2012 than earlier projected, undermined by global financial distress and a sluggish recovery in South Africa, the International Monetary Fund (IMF) said on Monday.

UPDATE 1-Malawi c.bank jacks up rates to combat inflation

Fri, 11 May 2012 08:34:28 +0000

* Rate adjustment first since August 2010 (Adds details, background)