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EIU forecasts annual inflation at 33 9%

The Economist Intelligence Unit (EIU) has projected Malawi’s 2024 annual inflation to rise 5.1 percentage points from 28.8 percent in 2023 to 33.9 percent. In its quarterly projections, quoted in the Nico Asset Managers March 2024 Monthly Economic Report, EIU attributes this to the flexible exchange rate regime. Reads the report in part: “Inflation is

Ministry of Labour provides free haircuts to nearly 700 factory workers and residents in Chom Chao I Commune

Ministry of Labour provides free haircuts to nearly 700 factory workers and residents in Chom Chao I Commune
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Mining, ICT to anchor GDP growth—report | The Nation Online

Mining and information and communications technology (ICT) sectors are expected to be among the key anchors of gross domestic product (GDP) growth in 2024 and 2025, according to the 2024 Malawi Government Annual Economic Report. The report says the manufacturing sector, which is one of the key sectors to enable Malawi achieve its aspirations outlined

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