News Malawi Credit: Coronavirus - Malawi: IMF Executive Board Approves an Additional US$101.96 Million Disbursement under the Rapid Credit Facility for Malawi to Address the COVID-19 Pandemic
This is the second disbursement under the Rapid Credit Facility (RCF), which brings total IMF COVID-19 emergency support to Malawi to US$193 million; Malawi’s economic outlook has worsened since the first RCF as COVID infections have risen and the global and regional economic situation has deteriorated; This additional IMF financing will help fill part of the resulting increased external financing gap and provide the fiscal space needed to address critical spending needs. Read more.
News Malawi Credit: Credit grows fast, but away from production
Malawi’s private sector credit is expanding at its fastest pace in years. But a closer look at where the money is going suggests a troubling disconnect between headline growth and the country’s ...
News Malawi Credit: Mapeza targets Malawi scalp
Zimbabwe's suffered a heart breaking loss to Group favourites Senegal, following a late penalty converted by Sadio Mane, in a match they were seemingly content with a share of points.
News Malawi Credit: From corruption to the ‘mark of the beast’ – why countries like Malawi are struggling against Covid
With 80% of pandemic funds misused and widespread vaccine myths, citizens have had to step up where government has failed, says Madalitso Kateta, a freelance journalist based in Malawi ...
News Malawi Credit: Credit spread under scrutiny
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has faulted the country’s credit structure which it says is concentrated towards credit to the wholesale and retail sectors unlike ...
