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M alawi’s year-on-year headline inflation rate rose again in March on account of rising commodity prices to 27 percent, meaning that prices of goods and services were going up at a faster rate than in February. Overall food inflation rate rose to 32.4 percent in March from 31.7 percent in February while non-food inflation rate
The World Bank has painted a gloomy outlook for the country’s economy that will be characterised by constrained food availability, low economic growth, rising poverty and unemployment rates. In its Malawi Poverty Outlook published on Friday, the Bretton Woods institution has slashed further Malawi’s growth prospects from 1.6 percent to 1.4 percent in 2023, an
Former governing Democratic Progressive Party (DPP) Southern Region Committee yesterday elected its new regional governor and endorsed the candidacy of party’s president Peter Mutharika during the 2025 Tripartite Elections. This follows another endorsement of Mutharika by DPP Northern Region Committee on April 5 2023 and subsequent endorsements by regional committees in the Central and Eastern
TNM Super League clubs are yet to receive subventions pledged by Football Association of Malawi (FAM), sponsors TNM plc and Super League of Malawi (Sulom) president Fleetwood Haiya. The 16 flagship football league clubs are expecting the revised K66 million subvention from the league’s official sponsors TNM plc which translates to about K4.1 million each
Malawi National Council of Sports has increased minimum annual subvention to associations from K500 000 to K5 million, representing a 1 000 percent hike. The affiliation fee the associations pay to Sports Council has also been adjusted upwards from K50 000 to K150 000, translating to a 200 percent increment. Sports Council board chairperson Sunduzwayo