Malawi’s forex reserves in ‘worrying state’ –Alliance Capital

Malawi’s foreign exchange reserves continue to dwindle, a situation continue market analysts have described as worrying, according to the latest market weekly review produced by Alliance Capital Limited. The Malawi Kwacha also depreciated from MK328.60 to MWK 329.10 against the US Dollar representing a 0.2 percent loss. “The erratic rain pattern being experienced in the country may negatively affect […]

Economist blames JB govt over ‘poor communication’ on causes of economic turmoil

A local economist says lack of communication from government authorities on the causes of and solutions to the current economic problems facing Malawi is a major contributing factor towards resentment Malawians have towards the current administration. Executive Director of Capital Alliance,  Chikavu Nyirenda,  was reacting to blames which Malawians are showering upon President Joyce Banda’s […]