Africa-Press – Malawi. The Reserve Bank of Malawi (RBM) has said inflation has slightly increased from 27.4 percent to 28.5 percent in the second quarter of 2025 due to maize price increase, among other factors.
The central bank disclosed this in Mzuzu City Monday during the presentation of the Monetary Policy Committee’s decisions.
LINJE—We want to bring those who have investing capacity forwardRBM Director of Financial Markets Chakudza Linje also attributed the increase to shortage of forex and the high cost of production.
Linje said RBM intended to bring together financiers and those who have bankable projects and implore them to increase production that will spike more exports and ensure the availability of forex in the country.
“We want to bring those who have investing capacity forward and see how they can be financed in ways that boost production,” she said.
RBM has, however, maintained the policy rate at 26 percent.
Linje said the decision was based on risk considerations and that it was designed to enable the authorities to achieve faster reduction in inflation rates.
On his part, one of the participants, Patrick Kuyokwa, who is into farming, said there was a need to put in place deliberate policies that would enable stakeholders to reduce the cost of production.
“We are capable of producing enough but we have to lower our factors of production and produce at scale,” he said.
Recently, Malawi witnessed an increase in fertiliser prices, a development that is reported to have affected maize production in the country.
In some markets, maize is being sold at between K1,000 to K1,100 per kilogramme.
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