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Malawi national netball team coach Griffin Saenda has left on Tuesday for training in China courtesy of Malawi Broadcasting Corporation...
Inflation at 15.8% is pretty high. I wonder why the cost of imported goods are still going up so sharply while the exchange rate has been pretty stable. Someone somewhere is making money at the expense of ordinary Malawians and somehow the market isn’t competitive enough even though we have different supermarkets. Perhaps the suppliers are the same or we have cartels among supemarkets and also hardware stores. Malawi’s economy is controlled by a relatively small community who all know each other and fix prices. Malawian government must make it easier for new players to enter the market and protect… Read more »
Malawians are paying the price of allowing free market economy take its root in the country at a time its economy was not yet strong enough to swing with that tide. For poor people and those in the middle income group, a controlled economy offered a much better economic environment. Memories are fresh when one used to buy bread at K 3.40; Lifebuoy or Sunlight soap at 15 tambala; and fertiliser at K 54.00 for a 50kg bag. Here we are. Citizens will bury themselves deep in corruption, fraud, abuse of office; and flouting tender procedures in order to make… Read more »