The local currency, the kwacha, is weakening against all major convertibles and foreign exchange reserves are depleting according to, Reserve Bank of Malawi (RBM) figures with Leader of Opposition in Parliament Kondwani Nankhumwa accusing President Lazarus Chakwera for failing to adequately address measures to spark the economy. Nankhumwa was responding to Chakwera’s maiden State of […]
The post Forex shortage hits Malawi, Kwacha depreciating: Opposition says Chakwera fails to outline measures to keep economy ticking first appeared on Malawi Nyasa Times - News from Malawi about Malawi.