Wednesday, April 24, 2024

Featured Video

Latest Stories

Top 10 Music

Upcoming Events

Zomba City Festival

Fri, 26 Apr 2024 10:00:00 UTC @ Botanic Garden - 2024 Zomba City Festival is schedulled to take place on 26 to 28 April at Botanic Garden in Zomba This is a festival for all ages in the historic mountain city of Zomba. Celebrate Cultu... More Info
Queens Club Shut Down

Fri, 26 Apr 2024 19:00:00 UTC @ Queens Club - Queens Club Presents "Queens Club Shut Down" with music performances by Kelly Kay, Charisma, Teddy Makadi and Praise Umali. The show will take place at Queens Club in Mzuzu on 26 April... More Info

Malawi’s cost of living soars higher, says survey

A survey by the center of social concern has revealed that the cost of living in Malawi has risen drastically in the past year.

This has added weight to what commentators have said about President Banda’s financial policies that included the devaluation of the local currency and what others had predicted of the impact of the Cashgate scandal which has as well contributed to Malawi losing some donor partners and now having to survive mostly on borrowing.

The survey has indicated that in the past year, the cost of living has shot higher unlike the way it did in the past years.

The shortage of the staple food, maize, among others has been attributed to the increase in the cost of living.

The survey might hit hard on President Banda’s government that will be facing elections in May.

Subscribe to our Youtube Channel:

Related Posts



Please enter your comment!
Please enter your name here

Popular Articles