Malawi's newly appointed vice president, Dr Michael Usi will now officially take up his duties as the country concludes the 21-day mourning period for the late Dr Saulos Chilima.

Malawi is facing enormous challenges ranging from low economic growth to high inflation and a high central bank lending rate.

Thami Ngubeni spoke to Chifi Mhango, the chief economist and Director of Economic Research and Strategy at the Don Consultancy Group.

Malawi's newly appointed vice president, Dr Michael Usi will now officially take up his duties as the country concludes the 21-day mourning period for the late Dr Saulos Chilima.
Malawi is facing enormous challenges ranging from low economic growth to high inflation and a high central bank lending rate.
Thami Ngubeni spoke to Chifi Mhango, the chief economist and Director of Economic Research and Strategy at the Don Consultancy Group.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

Malawi's newly appointed vice president, Dr Michael Usi faces challenges ranging from low economic growth to high inflation as he takes office

The Monetary Union in Southern Africa- the Common Monetary Area has decided to discontinue the processing of electronic funds transfer (EFT) and collections between South Africa, Lesotho, Eswatini, and Namibia.

The CMA further warned that debit order collection processing will only be supported in-country and not between countries.

The banking sector in South Africa says this change will be disruptive for many businesses and families in the Southern African region.

Thami Ngubeni spoke to the CEO of the Payments Association of South Africa (PASA), Ghita Erling.

The Monetary Union in Southern Africa- the Common Monetary Area has decided to discontinue the processing of electronic funds transfer (EFT) and collections between South Africa, Lesotho, Eswatini, and Namibia.
The CMA further warned that debit order collection processing will only be supported in-country and not between countries.
The banking sector in South Africa says this change will be disruptive for many businesses and families in the Southern African region.
Thami Ngubeni spoke to the CEO of the Payments Association of South Africa (PASA), Ghita Erling.

Common Monetary Area (CMA) discontinues the processing of electronic funds transfer (EFT) and collections within Southern Africa

African Parliamentarians are meeting in Accra, Ghana to discuss the Post Malabo processes and plans for the next agriculture framework to be called the Kampala Declaration.

Some of the topics under discussion at the three-day event are challenges to Africa's agri-food sector, as well as climate change and resilience.

The Biennial Review report has noted that the continent has generally not progressed consistently towards meeting the Malabo targets. Thami Ngubeni spoke to Correspondent, Sydney Phiri.

African Parliamentarians are meeting in Accra, Ghana to discuss the Post Malabo processes and plans for the next agriculture framework to be called the Kampala Declaration.
Some of the topics under discussion at the three-day event are challenges to Africa's agri-food sector, as well as climate change and resilience.
The Biennial Review report has noted that the continent has generally not progressed consistently towards meeting the Malabo targets. Thami Ngubeni spoke to Correspondent, Sydney Phiri.

African Parliamentarians meet in Accra, Ghana to discuss the Post Malabo processes and plans for the next agriculture framework

Zambian economist, Trevor Hambayi, says the over 200 million dollar grant approved by the World Bank to help his country combat the severe drought affecting the region, is not focused on financing the long-term measures that could enable the country to respond to the challenges that may arise as a result of the el-nino induced drought.

Announced by Zambia's Finance Ministry, the grant aims to assist Lusaka in mitigating the drought's impact by providing direct cash transfers to affected households.

It will support over 1-point-6 million households across 84 drought-impacted districts for 12 months, doubling the monthly aid per household from 8-point-30 dollars to 16-point-60 dollars.

Channel Africa's Thuto Ngubeni spoke to Zambian economist, Trevor Hambayi.

Zambian economist, Trevor Hambayi, says the over 200 million dollar grant approved by the World Bank to help his country combat the severe drought affecting the region, is not focused on financing the long-term measures that could enable the country to respond to the challenges that may arise as a result of the el-nino induced drought.
Announced by Zambia's Finance Ministry, the grant aims to assist Lusaka in mitigating the drought's impact by providing direct cash transfers to affected households.
It will support over 1-point-6 million households across 84 drought-impacted districts for 12 months, doubling the monthly aid per household from 8-point-30 dollars to 16-point-60 dollars.
Channel Africa's Thuto Ngubeni spoke to Zambian economist, Trevor Hambayi.

Malawi's newly appointed vice president, Dr Michael Usi faces challenges ranging from low economic growth to high inflation as he takes office

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