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Malawi , Thursday 16 July 2026

Malawi’s gold reserve strategy reversed amid forex difficulties

Published on: Friday 26 June 2026

Malawi’s gold reserve strategy reversed amid forex difficulties The Reserve Bank of Malawi (RBM) sold approximately 590kg of artisanal gold in 2026 to secure funds for fuel imports, despite previous commitments to retain it as a strategic reserve. This move, made during severe fuel and foreign exchange shortages, raises significant questions about transparency and accountability.


News source: https://mg.co.za/thought-leader/2026-06-26-malawi-s-gold-reserve-strategy-reversed-amid-forex-difficulties/

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