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Smuggling of flour, cooking oil rising, say traders

Smuggling of flour, cooking oil rising, say traders

S of cheap wheat flour and cooking oil from Mozambique is said to be on the rise due to porous…
World bank touts Economic inclusion

World bank touts Economic inclusion

The World Bank has highlighted the need for strong economic inclusion programmes to build on pre-existing government initiatives, saying this…
Malawi trade balance to face continued pressure—firm

Malawi trade balance to face continued pressure—firm

Malawi’s trade balance will in the short to medium-term continue to worsen owing to continued inadequate exports and Malawi’s dependence…
Bank charges Scaring consumers

Bank charges Scaring consumers

Fees associated with opening bank accounts and maintaining them make accounts unaffordable for the majority of the unbanked population, the…
Firm outlines 3 economic risks

Firm outlines 3 economic risks

Malawi’s economic outlook faces considerable downside risks, including the impact of the Covid-19 pandemic, weather shocks and fiscal slippages, Nico…
NSO set for another GDP rebase in 2022

NSO set for another GDP rebase in 2022

The National Statistical Office (NSO) says it will conduct another rebase of the economy next year to keep pace with…
Income rise fails to narrow poverty gap—economist

Income rise fails to narrow poverty gap—economist

Although Malawi’s gross national income (GNI) per capita has increased in the past decade, the rise has failed to narrow…
Food imports doubled in 20 years—report

Food imports doubled in 20 years—report

The country’s value of food imports doubled between 1998 and 2018, signifying the country’s huge overdependence and reliance on foreign-made…
Malawi loses 5% of GDP on donor withdrawal

Malawi loses 5% of GDP on donor withdrawal

Malawi has lost five percent of the gross domestic product (GDP), about $545 million (K414 billion), due to the withdrawal…
Inequality within and poverty reduction

Inequality within and poverty reduction

TIWONGE BINDULA and ROBERT KAMWELAContributors Several countries across the world struggle with containing economic or income inequality to balance the…
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