Tags: Henry Kachaje

January inflation eases to 23.5%

  Malawi’s year-on-year headline inflation rate for January 2016 as measured by the Consumer Price Index (CPI) slowed by 1.4 percentage points, to 23.5 percent from 24.9 percent in December 2015, according to figures from the National Statistical Office (NSO). January food inflation eased to 28.4 percent from 29.2 percent in December 2015 while non-food…

‘Malawi agro sector archaic, needs overhaul’

  Malawi’s agricultural sector has been branded inefficient, technologically backward and not in line with the country’s vision of becoming a predominantly exporting nation. Economics Association of Malawi (Ecama) and Civil Society Agriculture Network (CisaNet) point to lack of adequate extension and research services, failure by Lilongwe to strategically allocate resources in the sector and…

Businesses severely bleeding—Ecama

Renowned business and leadership consultant Henry Kachaje on Tuesday described the prevailing business environment as hostile, saying if the situation persists, most businesses will close shop for good. “The business environment is not good, to be honest. Inflation rate is still very high and bank lending rates are also high and these are key economic indicators for…