Tags: CfSC

Kwacha flux limits maize imports—report

  A latest Famine Early Warning System Network (Fewsnet) report says the continued kwacha depreciation against major trading currencies is negatively affecting the importation of the country’s staple grain, maize. This development comes at a time there is a serious shortage of the grain on the market with prices at a six-year high, according to…

Gender gap costs Malawi k64bn yearly

  The United Nations (UN) Women has estimated that Malawi is losing $100 million (about K64 billion) each year due to a widening gender gap in the agriculture sector. The UN agency, dedicated to gender equality and the empowerment of women, also estimates that by closing the gender gap, the county could increase its crop…

A tale from the slum

When Nelson Mandela said ‘While poverty persists, there is no true freedom’, many thought the message was only for South Africans, but it was for the whole world. Virginia Sinoya (41) of the Nthukwa area in Chilomoni, Blantyre, believes Mandela spoke for her. She wonders what type of freedom she has when she lives in…

Urban cost of living on the rise, up 2.7 percent

Cost of living in Malawi’s four cities—Lilongwe, Zomba, Blantyre and Mzuzu—rose by about 2.7 percent in July compared to the previous month due to increases in food and non-food essentials, a report has shown. Data provided by the Centre for Social Concern (CfSC), a Lilongwe-based faith organisation, has indicated that in July, the average cost…

CfSC troubled by soaring cost of living

The Lilongwe-based Centre for Social Concern (CfSC) says it is troubled by the ever-souring cost of living gripping the country despite 50 years of self-governance after colonialists. The centre has also said at fifty, Malawi’s social and macroeconomic situation ‘’still tells a story of poverty’ which portrays Malawi as a poor country when measured by…

The yellow cake that never cheered Malawi

Announced amid a huge political storm—a post election impasse refusing to abate—news that Australian energy giant, Paladin Energy Limited has halted production at the country’s sole uranium mine at Kayelekera in Karonga has been greeted with nervousness and regret by the country’s economic watchers. The development has, however, received a little lukewarm reaction than it…

Malawi’s fiscal deficit worst in Africa—report

Malawi’s fiscal deficit—the difference between government expenditure and revenues—was the worst in Africa in 2013, according  to World Bank publication Africa’s Pulse for April, apparently  due to over-expenditure and aid freeze. Africa’s Pulse, a publication that analyses issues shaping Africa’s economic future, explains that the largest deterioration of fiscal balances occurred among oil exporters and…