Digital advocate Simwaka named Malawi's NBS Bank CEO
The bank is one of the top commercial banks in Malawi and her appointment is expected to enhance innovation and growth.
Charles Pensulo
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Fintech Mukuru launches mobile wallet in Malawi
According to the company, the Mukuru Wallet is designed to fulfill the growing demand for a simple, secure, and efficient way to manage funds and transfer money.
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Flutterwave gets approval to operate in Malawi
This comes as Flutterwave continues to receive licences across the continent as it extends its presence in Africa.
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Malawi’s Central Bank confirms increased consumer confidence in Fintech
Reserve Bank of Malawi releases National Payment Systems report for the period ended December 2022.
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Malawi’s central bank blames pandemic for drop in Fintech use
Reserve Bank releases report confirming decrease in volume generated by all electronic payment streams.
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Rise in demand for Digital Financial Services in Malawi
Latest statistics based on Reserve Bank’s quarterly National Payment Systems report.
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Malawi: businesses forced to adopt digital payment
Reserve Bank of Malawi details regulation in place to make it mandatory for businesses to adopt at least one channel.
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Malawi reconsidering legal status of cryptocurrencies
Reserve Bank of Malawi details dilemma that banning digital currency would force users to ‘go underground’.
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Lack of regulation impedes Malawi's financial inclusion strategy
Country records increase in mobile money users and agents, but there is no regulation to extend reach to rural regions.
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Malawi's Central Bank toughens up on cryptocurrencies
No legal consumer recourse channels currently available, warns Bank's governor.
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Malawi records Q1 drop in mobile money activity
Despite an increase in the number of subscribers, claims latest Reserve Bank report.
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Latest partnership a boost for Malawi's financial ambitions
First Merchant Bank, Airtel Malawi enter into formal partnership to facilitate digital money transfers.