Thursday, April 25, 2024
BusinessColumnOpinions

THE RISE OF UDF, THE GENESIS OF MALAWI’S ECONOMIC DOWNFALL: CHAKWERA TARGETS TO REVAMP RAIL TO RESUSCITATE THE ECONOMY

Perhaps unbeknown to some is what landlocked status means for a country. As for Malawi, the effect on the economy is huge. While trade and transport costs are high in Africa, in Malawi they are among the highest in region therefore making imports and exports expensive because of time-consuming and poor-quality rail and road transport. While the average cost is...