Why fuel shortages will keep haunting Malawians mwnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mwnation.com Daily Mail and Mail on Sunday newspapers.
Former president Peter Mutharika was among 16 African leaders who attended the inaugural United Kingdom-Africa Investment Forum in London in January 2020. The day-long forum provided the United Kingdom (UK) a platform to unveil its new strategy for development in Africa ahead of its withdrawal from the European Union (EU) on January 31 2020. From
Performance of parastatals or statutory corporations recently dominated headlines after Minister of Finance and Economic Affairs Sosten Gwengwe made public rankings of 72 State-owned enterprises (SOEs) in the 2022/23 financial year. Not much change, I must say. It is the “shame old story” as the “sick babies” are still on life-support while star performers remained
May 27 this year marked exactly one year since the Reserve Bank of Malawi (RBM) devalued the kwacha by 25 percent in a move RBM Governor Wilson Banda justified as a necessary evil to align the foreign exchange supply to the macroeconomic fundamentals. Defined as a deliberate downward adjustment in the value of a country’s
For the past three months, and counting, Malawian motorists have been subjected to erratic availability of fuel, notably diesel and petrol, a development that has left motorists queuing for hours on end at service stations. Initially, it started as pockets of shortage, which authorities dismissed as logistical glitches in the distribution chain. But now, the