Malawi's central bank has raised its benchmark interest rate by 200 basis points to 26-point-zero percent. It comes as the country deals with high inflation. The monetary policy committee says inflation is projected to persist before it starts to decline. The decision is intended to counter inflationary pressures and restore price stability. For more on Thami Ngubeni spoke to Chief Economist at the Don Consultancy Group, Chifi Mhango.

<p>Malawi's central bank has raised its benchmark interest rate by 200 basis points to 26-point-zero percent. It comes as the country deals with high inflation. The monetary policy committee says inflation is projected to persist before it starts to decline. The decision is intended to counter inflationary pressures and restore price stability. For more on Thami Ngubeni spoke to Chief Economist at the Don Consultancy Group, Chifi Mhango.</p>

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

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

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