A team from the African Continental Free Trade Area (AfCFTA) secretariat is expected in the country next month to help authorities address technical challenges as the country prepares its tariff book. The country is yet to join the guided trade initiative under the AfCFTA due to technical

Malawi is among countries in the sub- Saharan Africa region at higher risk of debt distress as the interest burden on public debt continues rising. Rising debt poses a risk to the country’s fiscal sustainability as debt servicing costs rise, thereby reducing space for discretionary

Reserve Bank of Malawi Governor (RBM) Wilson Banda has said the bank has not completely abandoned forex auctions it introduced in January. The central bank had introduced the forex auction system as a price discovery mechanism in the exchange rate market. But three months after the results of

An inspection by the Office of the Auditor General on selected One Village One Product factories whose construction started in 2010 has revealed that the factories remain unfinished, some 11 years down the line. The Auditor General’s office conducted the inspection in November 2021. According to