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National Economic Empowerment Fund (Neef) has written off K9 billion disbursed by its predecessor, Malawi Enterprise Development Fund (Medef). Finance Minister Sosten Gwengwe made the revelation in an interview with The Daily Times on the sidelines of the signing ceremony of the 2023- 24 Shareholders Letter of Expectations with Malawi’s 72 state-owned enterprises (SOEs). Gwengwe …
The post K9 billion down the drain appeared first on The Times Group Malawi.
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