malawi-economy
4 stories related to this topic, newest first.
benzinga.comMalawi Stock Exchange Loses Nearly K5 Trillion in Five Months
The Malawi Stock Exchange lost nearly K5 trillion in market value over five months. The decline has created financial pressure for the exchange and its participants.
finance.yahoo.comMalawi Mining Project Seeks Nasdaq Listing, Renews Sovereign Wealth Fund Debate
Mkango Resources filed documents with the U.S. Securities and Exchange Commission to list its rare earth mining unit. The filing has prompted discussion about establishing a sovereign wealth fund to manage future revenues from the Songwe Hill project.
japantimes.co.jpMalawi Sells Gold Reserves to Address Fuel Shortages
Malawi is experiencing widespread fuel shortages with most filling stations dry and long queues at those that have supplies. The government announced last week it would sell about $30 million worth of gold reserves to fund fuel purchases. Residents in urban and rural areas report…
france24.comIMF: Malawi's Debt Tops 90% of GDP Amid 16-28% Aid Drop to Sub-Saharan Africa
Global aid reductions are straining Malawi's finances, revealing longstanding economic management issues, according to the International Monetary Fund. Public debt has surpassed 90% of GDP, reaching K23.9 trillion by December. Economists highlight limited fiscal space and underfu…