Showing 1 - 10 of 12
This paper strived to evaluate the impact of exchange rate of Malawi Kwacha more specifically as result of devaluation and depreciation against major currencies in the attainment of the country’s developmental agendas. The results indicate that the country has failed to achieve meaningful...
Persistent link: https://www.econbiz.de/10015268470
The acute depreciation and devaluation of the Malawi Kwacha in the past ten years seems to stem out in part due to massive illegal externalisation of forex by unscrupulous business people aided by banks despite the existence of various Acts of Parliament and Reserve Bank of Malawi’s...
Persistent link: https://www.econbiz.de/10015268471
This paper briefly analysed the social costs and environment impact of the Moatize- Nkaya Nacala Rail on the Malawian communities as well as the economic impact on the country. The findings are that Malawi is worse off than before in view of poor negotiations and failure to enter into agreement...
Persistent link: https://www.econbiz.de/10015268474
Any discussions surrounding legalisation of recreational cannabis is a taboo in Malawi in view of stiff penalties under the Dangerous Drugs Act 1956 as well as strong roots of religious beliefs against it. This is despite the country paying a blind eye to recreational cannabis tourism for its...
Persistent link: https://www.econbiz.de/10015268475
Malawi has been battling with inflationary factors attributed to traders quoting their goods and services in USD albeit with little success. Furthermore, the significant trade imbalances is not verified stoking fear this is more to do with illegal externalisation of forex in the absence of...
Persistent link: https://www.econbiz.de/10015268476
There is a long established history of migration of Malawians to South Africa to look for jobs and other economic opportunities dating back to precolonial era. The remittances from South Africa have been quite substantial and have uplifted livelihood of thousands of Malawians. The said...
Persistent link: https://www.econbiz.de/10015268477
Tracking export proceeds is of prime importance to Malawi in view of the perennial forex shortage. This study has demonstrated disjointed efforts between Reserve Bank of Malawi, Malawi Revenue Authority and other players such as courier service providers, bus companies etc. in the economy. It is...
Persistent link: https://www.econbiz.de/10015268478
Malawi is an undoubtedly the net importer of goods and services. It is deemed less competitive on the global scale despite putting significant effort to widen export base as often prescribed in the country’s developmental agendas such as the Malawi Growth and Development Strategies (MDGDs) I,...
Persistent link: https://www.econbiz.de/10015268479
Malawi suffers from massive trade imbalance as it is a net importer of goods and this causes acute forex shortage. The situation is further exacerbated by the fact that imported services which greatly outweigh exported services appear not to be included in the trade deficit figure and therefore...
Persistent link: https://www.econbiz.de/10015268480
Malawi is currently relying on external debt to cushion its forex reserves and support country’s import cover. This is unsustainable in medium to long-term and World Bank has already expressed concerns on this matter. Malawi’s debt stress levels are currently at high levels but the country...
Persistent link: https://www.econbiz.de/10015268481