The Reserve Bank of Malawi (RBM) has maintained its main interest rate at 24 percent, meaning borrowing costs will not rise for now, but at the same time it has taken steps to limit how much banks can lend in a move aimed at controlling inflation and stabilising the economy. The decision, made by the central bank’s Monetary Policy Committee led by Governor George Partridge, means that individuals and businesses will continue accessing loans at roughly the same rates as before, following an earlier reduction from 26 percent in January. [...]