malawi Nov 11, 2024, 12:05 AM Apparently even SpaceX's Starlink is affected by the country's critical forex shortages. Rather than promote exports, the government reverts to suppressing price increases, which generally backfires, as goods become either scarce or unavailable. Read more
malawi Nov 10, 2024, 8:36 PM This Daily Times clipping mandates a maximum price of K0.27 for a beer. Today the same beer costs about K4,000 in a hotel. Apparently even in this distant past, the government knew better and thought it wise to interfere with the economy, yet the price of a beer… Read more
malawi Nov 10, 2024, 9:29 AM Ethiopian Airlines has suspended ticketing in Malawi (again). The financial situation is progressively deteriorating in the country due to the unsustainable trade deficit. #malawi #forex #trade #iata… Read more
inflation Nov 4, 2024, 9:43 PM The staple food in Malawi is refined white maize. It's price increase is more moderate than that of imported goods, as it is locally produced and often at a subsistence (read labour intensive) level. More than half of Malawi's CPI is made up of food (most Read more