Malawi Muslims Attack Banks…Condemns High Bank Interest Rates

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17 February 2017 19:34:54 Malawi Voice

The Muslim Association of Malawi (MAM) has bemoaned high interest rates that Banks are offering saying this is fostering incidents of property repossession by banks and other lending agencies. MAM Secretary General Alhaj Twaibu Lawe sounded the outcry in an interview with Malawi News Agency (MANA) on Thursday saying the Association is discussing with government Full article on Malawi Muslims Attack Banks…Condemns High Bank Interest Rates

Vice All News Time17 February 2017 19:34:54


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Veep Chilima tips Malawi commercial banks to rework on interest rates

4.0685754 25 August 2017 20:18:47 Malawi Nyasa Times – Malawi breaking news in Malawi

State Vice President Dr. Saulos Chilima has advised commercial banks in Malawi to rework their interest rates if they are to survive.   Chilima gave the advice in Mangochi on Friday when he officially opened... The post Veep Chilima tips Malawi commercial banks to rework on interest rates appeared first on Malawi Nyasa Times - Malawi breaking news in Malawi .

Vice All News Time25 August 2017 20:18:47


Islmic banking coming to Malawi: Muslim Association condemns high interest rates in commercial banks

2.690913 17 February 2017 00:08:49 Malawi Nyasa Times – Malawi breaking news in Malawi

The Muslim Association of Malawi (MAM) has bemoaned high interest rates that Banks are offering saying this is fostering incidents of property repossession by banks and other lending agencies. MAM Secretary General Alhaj Twaibu Lawe... The post Islmic banking coming to Malawi: Muslim Association condemns high interest rates in commercial banks appeared first on Malawi Nyasa Times - Malawi breaking news in Malawi .

Vice All News Time17 February 2017 00:08:49


Malawi MPs lament ‘economic terrorism’: Bank interest rates are extortionate

2.690913 29 November 2016 16:32:46 Malawi Nyasa Times – Malawi breaking news in Malawi

Members of Parliament have lamented over sky-high interest rates, rolling over personal loans, saying many Malawians are facing hardships as commercial banks have been accused of ripping off customers . Lilongwe City Centre MP, David... The post Malawi MPs lament ‘economic terrorism’: Bank interest rates are extortionate appeared first on Malawi Nyasa Times - Malawi breaking news in Malawi .

Vice null Time29 November 2016 16:32:46


Mwanamveka hits at Malawi’s commercial banks over ‘Katapila’ high interests rates

2.690913 07 October 2016 08:01:27 Malawi Nyasa Times – Malawi breaking news in Malawi

Minister of Industry Trade and Tourism, who is also a banker, Joseph Mwanamveka, on Thursday hit at Malawi’s commercial banks saying that their high interest lending rates are derailing investment in the country. Mwanamveka, speaking... The post Mwanamveka hits at Malawi’s commercial banks over ‘Katapila’ high interests rates appeared first on Malawi Nyasa Times - Malawi breaking news in Malawi .

Vice null Time07 October 2016 08:01:27


Malawi: IMF Wary Over High Inflation, Bank Interest Rates

2.2364712 17 September 2016 16:26:41 AllAfrica News: Latest

An International Monetary Fund (IMF) mission as met Finance, Economic Planning and Development Minister Goodall Gondwe and Reserve Bank governor Charles Chuka where they have expressed concern over the rising inflation and bank interest rates.

Vice All News Time17 September 2016 16:26:41


IMF wary over Malawi high inflation, bank interest rates

2.1034033 17 September 2016 12:15:45 Malawi Nyasa Times – Malawi breaking news in Malawi

An International Monetary Fund (IMF) mission as met Finance, Economic Planning and Development Minister Goodall Gondwe and Reserve Bank governor Charles Chuka where they have expressed concern over the rising inflation and bank interest rates.... The post IMF wary over Malawi high inflation, bank interest rates appeared first on Malawi Nyasa Times - Malawi breaking news in Malawi .

Vice All News Time17 September 2016 12:15:45


Mugabe slams banks for high interest rates

2.1034033 22 December 2015 16:18:43 WN.com - World News

Robert Mugabe says Zimbabweans get 'punished' by depositing their savings in local banks. ......

Vice All News Time22 December 2015 16:18:43


High Exchange, Interest Rates Hit Banks' Profits

2.1034033 07 December 2015 14:35:24 WN.com - Africa News

Shareholders of East Africa's listed banks are staring at reduced full-year dividends, following a modest performance by most lenders in the nine months to September 30. ......

Vice All News Time07 December 2015 14:35:24


Reps Institute Probe On High Interest Rates By Banks

1.8637259 29 November 2015 14:32:47 WN.com - Africa News

The House of Representatives has instituted an investigation into the 'high' interest rates by commercial banks in the country. ......

Vice All News Time29 November 2015 14:32:47


Banks slash interest rates

1.8637259 06 October 2015 06:09:00 The Herald

Local banks have slashed interest rates by more than 10 percentage points in line with an agreement struck with the Reserve Bank of Zimbabwe (RBZ) to reduce the prohibitive cost of money in the economy. Local banks had been charging high interest rates on loans in some cases up to 35 percent per annum while paying...

Vice Business Time06 October 2015 06:09:00