Malawi

Kwacha, agriculture, inflation, and structural reforms

Malawi

The Political Trap Behind Malawi’s Industrial Dreams

Malawi’s Salima Sugar Ltd turmoil exposes governance risk driving capital flight from frontier markets. With rivals Illovo Malawi [JSE:ILV], Zambia Sugar [LUSE:ZSUG], and parent AB Foods [LSE:ABF] thriving on autonomy, Malawi’s state control keeps returns below market parity.

Markets

Malawi’s Forex Strategy: Short-Term Fix or Structural Shift?

Malawi’s kwacha (MWK=X) rose on tobacco (CT=F) inflows, but a $3B trade gap and oil (CL=F) imports threaten reserves. With Zambia leaning on copper (HG=F), Malawi’s reliance on a single crop leaves forex stability fragile and vulnerable to reversal.