Economists have said newly appointed Reserve Bank of Malawi (RBM) Governor MacDonald Mafuta Mwale has a difficult job of stabilising prices and the exchange rate, a task the new broom acknowledges and says he is geared. President Lazarus Chakwera appointed Mafuta Mwale on Monday, subject to approval by the Public Appointments Committee of Parliament. Mafuta …

The Nation

Blantyre

Southern Region

Malawi

Chakwera appoints Mafuta Mwale RBM Governor

President Lazarus Chakwera has appointed Dr. MacDonald Mafuta Mwale as Governor of the Reserve Bank of Malawi (RBM). Mafuta Mwale, who until his appointment was deputy governor, replaces Wilson Banda, who was reportedly f i red by Chakwera last Friday. New RBM governor: Mafuta Mwale. A statement published last evening and signed by Secretary to the President and Cabinet Colleen Zamba said the appointment, which is with immediate effect, is subje…

The appointment of Macdonald Mafuta Mwale as the new Governor of the Reserve Bank of Malawi (RBM) has sparked both hope and skepticism among Malawians. With the country grappling with significant economic challenges, the question remains: can Mafuta Mwale be the transformative leader the RBM needs? A Strong Academic and Professional Foundation Mafuta Mwale’s credentials […]
The post Should Malawians trust Mafuta Mwale, the new RBM boss to bring …

Nyasa Times

Should Malawians trust Mafuta Mwale, the new RBM boss to bring change?

President Dr. Lazarus Chakwera has appointed MacDonald Mafuta Mwale, the former Secretary to the Treasury, as the new Governor of the Reserve Bank of Malawi (RBM). His appointment is subject to approval by the Public Appointments Committee of Parliament. Before this, Mwale served as the Deputy Governor of the RBM. Mwale replaces Wilson Banda, who previously held the position. In addition, President Chakwera has appointed Kisu Simwaka as the new …

Face of Malawi

Chakwera Appoints MacDonald Mafuta Mwale as RBM Governor

President Lazarus Chakwera Monday appointed Reserve Bank of Malawi (RBM) Deputy Governor for Economics, Macdonald Mafuta Mwale, as the new Governor of the central bank. Mafuta Mwale, a seasoned cen…

Times Malawi

Mafuta Mwale is new Reserve Bank of Malawi governor

By Twink Jones Gadama In a move aimed at bolstering Malawi’s economic fortunes, President Dr. Lazarus Chakwera has appointed MacDonald Mafuta Mwale, a seasoned economist and former Secretary to the Treasury, as the new Governor of the Reserve Bank of Malawi (RBM). Mwale, who replaces Wilson Banda, is subject to confirmation by the Public Appointments Committee of Parliament. Mwale brings a wealth of experience to the role, having served as Secre…

Malawi Freedom Network

Chakwera Appoints New Central Bank Chief Amid Economic Uncertainty - Malawi Freedom Network

By Cedric Nkungula President Dr. Lazarus McCarthy Chakwera has appointed Dr. MacDonald Mafuta Mwale as the new Governor of the Reserve Bank of Malawi (RBM). Dr. Mwale, who until his appointment was RBM deputy governor, replaces Dr. Wilson Banda, who was relieved of his duties few days ago. According to a statement signed by Secretary […]

New RBM Governor outlines strategy to turnaround fortunes

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