spooky spiral🇲🇼 (@kienative) 's Twitter Profile
spooky spiral🇲🇼

@kienative

I am trying my best

ID: 1172203568583118853

calendar_today12-09-2019 17:41:54

1,1K Tweet

823 Followers

1,1K Following

Riaan Lombard (@riaanlombard11) 's Twitter Profile Photo

Some of my posts are personal notes for a monthly treasury report tailored to multinationals operating in Africa. Hopefully, you'll find them insightful too.

Riaan Lombard (@riaanlombard11) 's Twitter Profile Photo

🇲🇼Malawi’s reserves are thin, dollars scarce—yet imports rose in H1 2025 (y/y). Beyond exports, aid and remittances, the gap was likely filled by short-term liabilities—mainly supplier credit and rising arrears.

Riaan Lombard (@riaanlombard11) 's Twitter Profile Photo

🇲🇼The Reserve Bank of Malawi has a solvency problem. In June 2025 it held just $133m in foreign assets against $1.319bn in foreign liabilities — net –$1.186bn. Coverage ratio: 0.10 (down from 0.20 since 2022). 👉 This means it cannot meet all FX commitments.

🇲🇼The Reserve Bank of Malawi has a solvency problem. In June 2025 it held just $133m in foreign assets against $1.319bn in foreign liabilities — net –$1.186bn. Coverage ratio: 0.10 (down from 0.20 since 2022).

👉 This means it cannot meet all FX commitments.
Riaan Lombard (@riaanlombard11) 's Twitter Profile Photo

Based on RBM data, 🇲🇼Malawi is caught in a vicious cycle: the government runs large deficits and finances them through heavy domestic borrowing, draining liquidity from banks. To prevent a breakdown of the financial system, the Reserve Bank is forced to inject massive emergency

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Promises that remind me of Milton Friedman. Before the election, Malawi’s president criticised high fertiliser prices and promised to fix the price of a 50kg bag at K90,000. Friedman, the Nobel laureate, once noted that economists may not know much, but they do know how

spooky spiral🇲🇼 (@kienative) 's Twitter Profile Photo

Ukataya iPhone or Samsung and then you go and buy a Tecno, That's not a phone replacement. The least it can be is a temporary downgrade