BUSINESS AND ECONOMY Articles
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CFTC Reports Increase in Consumer Complaints
The Competition and Fair Trading Commission (CFTC) Spokesperson Innocent Helema, says the commission has registered 194 cases of unfair trading practices in the country between January and March this year, up from 123 complaints during the same period in 2023/24.
Inflation Woes Impact Economic Growth
Malawi faces significant economic challenges with a 27% inflation rate, threatening economic growth and stability but government and other stakeholders are working to mitigate the effects through fiscal consolidation, debt restructuring, and investment in key sectors.
Loan Defaulting Worries NEEF
NEEF CEO Humphreys Mdyetseni expresses concern over faith leaders' loan defaults, citing lack of business acumen and late loan disbursement as contributing factors: hopes for an improvement after engaging them.
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