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chimwemwe
chimwemwe
8 years ago

Standard aku sogola in devaluation these is the culprit bank who are forcing the devaulation for kwacha, ife ku malawi ma business yavuta koma standrad bank every year make huge profits, there licence should be revoked as they have unethical policies huring malawians

ben
ben
8 years ago

Standard Bank are the biggest looters in malawi they are hoarding and overcharging forex,charging exhorbitant interest rates and are the most expensive, these dealers from there are foreigners and they dont love malawi. every year they make exhorbitant profits while ife local malawians tikuvutika

Bololo
Bololo
8 years ago

You banks are speculating heavily on the exchange rate and expect the economy to stabilize. The moment someone puts controls you are the first to cry like children. Mashanda check your dealing room trading practices and tell me Malawi will grow. Mind you the exchange rate is everything to the private sector just like the lending rate and access to credit

moya
moya
8 years ago

Economists work well when there is a fiscal descipline which economy works when its a leaking bucket and government is still punching holes into it?i hope they are well informed about our situation so that they apply economics for thieves theories.

Malawian MomS
Malawian MomS
8 years ago

chief economist for Indians.

The real ujeni
The real ujeni
8 years ago

You want Malawi GDP to grow, you want GNI to increase yet areas and sectors that can grow our economy are left out. Why is Salima, Nkhatabay neglected, no roads no serious infrastructure there, Nyika road, why is it neglected still now, why is it not a priority to construct roads in these potential areas. We give priority to mapwevupwevu then wr hold more and more forums wasting money and time. Our Economists and politicians in government are busy cashgating.

JCInLA
JCInLA
8 years ago

As a country, Malawi economy is going to the toilets. This is very sad indeed. Everyone, from a business person to an un-employed citizen – is feeling the pain of our very corrupt beautiful country. It does not help Mutharika’s stolen election. He has has lost it. But we, Malawians abroad, are watching. If he really screws up we will take him to the US courts where he is a citizen. Yes, USA has some laws to go after those that have abused people abroad (even stolen some nation’s assets) to be tried in the US. He, Peter, must tread… Read more »

chingolopiyo
chingolopiyo
8 years ago

Malawi is filled with people who resist to change. Every time someone comes up with a good idea, we start looking on a negative angle and not positive. While government has its role to bring economic changes, citizens too have the responsibility to do their part. I don’t believe that there is a country in the world that was created rich and its citizen never worked. We have seen countries like china rising up because of hard work. We can have a government headed by bishops or church leaders, Malawi will not change if the mindest of the citizen are… Read more »

sikusinja
sikusinja
8 years ago

What will a chief economist from outside Malawi tell us that we don’t know? We have IMF, World Bank, ADB economists who are resident here.. they tell us our problems but are not bold enough to tell us the solution. We don’t have leaders willing to change the fortunes of this country. Mediocre leadership and bootlicking followers. People are dying in hospitals because there is no basic medicines but a president will take his vice and ministers to go address a meaningless rally spending millions in the process. Millions on independence celebrations when there is hunger looming so they say.… Read more »

Concerned citizen
8 years ago

Pro 6:9-11 How long is the lazy man going to lie around? When is he ever going to get up? “I’ll just take a short nap,” he says; “I’ll fold my hands and rest a while.” But while he sleeps, poverty will attack him like an armed robber.

I feel these verses could talk to us. We need to put in more hours to move our nation forward.

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